On Wednesday, Shares of Annaly Capital Administration, Inc. (NYSE:NLY), gained 0.05% to $9.59.
Annaly Capital Administration, declared its financial results for the quarter ended September 30, 2015.
“Annaly’s third quarter results continue to exemplify the stability and resilience of our business model amidst one of the most unique and volatile time periods in the history of fixed income markets,” commented Kevin Keyes, Chief Executive Officer and President. “Our diversified investment platform continues to grow while producing stable risk-adjusted returns in a challenging market environment. Annaly’s commercial real estate and non-Agency residential credit portfolios grew by about 26% over the previous quarter and now constitute about 18% of our total equity capital. The credit investment portfolio, which is predominantly made up of low-levered, floating rate, longer term cash flows, complements our Agency MBS strategy in this current environment of heightened interest rate volatility. As we proceed in anticipation of eventual Federal Reserve policy action and continued market dislocation, we remain prepared with a strong capital position to take advantage of multiple investment opportunities.”
Annaly Capital Administration, Inc. owns a portfolio of real estate related investments in the United States. The company invests in various types of agency mortgage-backed securities and related derivatives to hedge these investments; acquires, finances, and manages commercial mortgage loans and other commercial real estate debt, commercial mortgage-backed securities, and other commercial real estate-related assets; and operates as a broker-dealer.
Shares of Eros International Plc (NYSE:EROS), declined -31.42% to $8.25, during its last trading session.
Eros International, declared that the annual meeting of its shareholders will be held on Tuesday, December 1, 2015, startning at 11:00 AM, Greenwich Mean Time (GMT), at Fort Anne, Douglas, Isle of Man IM1 5PD, British Isles. The Company’s notice of annual meeting and form of proxy were issued on October 15, 2015.
Eros International PLC, together with its auxiliaries, co-produces, acquires, and distributes Indian language films in various formats worldwide. The company distributes its film content across various distribution channels, such as theatrical, which comprises multiplex chains and stand-alone theaters; television syndication that comprises satellite television broadcasting, cable television, and terrestrial television; and digital platforms, which comprise of Internet protocol television, video on demand, and Internet channels, in addition to on-demand entertainment portals through Internet-enabled devices. It also distributes its film content through physical formats, such as DVDs and video compact discs (VCDs) in hotels and on airlines, and for use on mobile networks; and distributes and licenses content on physical media, counting on Blu-ray and DVDs internationally, in addition to on VCDs and DVDs in India.
Finally, Shares of RCS Capital Corp (NYSE:RCAP), ended its last trade with -10.85% loss, and closed at $0.420.
Apollo Global Administration, declared that they have mutually agreed to terminate the planned transaction following which Apollo would have purchased a controlling interest in a newly formed company, AR Global Investments, LLC, that would have owned a majority of the ongoing asset administration business of AR Capital. In conjunction with the transaction’s termination, AR Capital is purchasing from Apollo $25 million of preferred stock of RCS Capital Corporation (RCAP) held by Apollo for $25.6 million.
RCS Capital Corporation engages in the independent retail advice, wholesale distribution, investment banking, capital markets, investment administration, and investment research businesses. The company offers independent retail advices, financial products, and investment solutions through a network of independent channel broker-dealers and registered investment advisers; and multi-product distribution platform of direct investment program offerings to independent broker-dealers and the retail financial advisor community.