Items Tagged with 'Annaly'


  • Annaly Capital Management CEO Kevin Keyes to become board chairman in 2018

    Annaly co-founder Wellington Denahan retiring as executive chairman
    Annaly Capital Management, one of the nation’s largest mortgage real estate investment trusts, announced Wednesday that the company’s co-founder and former CEO, Wellington Denahan, will retire as executive chairman and chairman of the board at the end of the year. Replacing Denahan in those roles will be Kevin Keyes, who currently serves as Annaly’s CEO and president.
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  • Massive REIT Annaly Capital set to get even larger

    Hatteras Financial deal makes for the biggest REIT around
    In a move that creates a massive mortgage real estate investment trust, Annaly Capital Management announced Monday that it plans to acquire Hatteras Financial Corp. for $1.5 billion. According to a release from Annaly, the deal will make the company the "largest, most liquid and diversified mortgage REIT in the world."
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  • Higher rates boost Annaly’s earnings

    Huge gain compared to losses last quarter
    Annaly Capital Management posted a second-quarter GAAP net income of $900.1 million, or $0.93 per average common share. Annaly’s CEO noted that this is a strong reminder of the positive impacts higher rates can have on earnings.
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  • Annaly CEO Wellington Denahan stepping down

    Mortgage REIT chooses company president Kevin Keyes as new CEO
    Wellington Denahan, the co-founder, chairman and chief executive officer of the nation’s largest mortgage real estate investment trust, Annaly Capital Management, is stepping down as CEO. Company president Kevin Keyes will take over as CEO.
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  • From HW Magazine

    REITs riding high

    But for how long?
    Feared rate increases are likely to come slowly given the general slowdown in global economic growth, which means even the less diversified REITs could still have a good run for the immediate future.
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