Annaly Capital Management, Inc. (NLY) announced that its Board of Directors has authorized the repurchase of up to $1.5 billion of its outstanding common shares over a 12 month period. Annaly currently has 975 million shares outstanding with a market cap of $15.59 billion. The buyback is 9.62% of the current market cap. Based on FY 2013 …
New York Mortgage Trust (NYMT) has priced its underwritten registered public offering of 13.5 million shares of common stock at a public offering price of $6.89 per share. Currently the shares are trading at $6.46 so investors can buy the stock below the IPO price. One of the best times to buy shares is when they sale …
If you want to attain financial success and become debt free at the same time, you can plan t invest your money in any one of the different investment vehicles. As a result of the recession people have been suffering debt problems and income problems too. So, if you want to become debt free, you …
