NEW YORK, January 15, 2013 /PRNewswire/ -- With the Recent Performance Weighing on Investors' Minds, Analysts Look to Whether the Company Can Remain Strong in the Face of Considerable Change In a bid to out-maneuver the Federal Reserve's recent policy changes involving interest rate spreads, Annaly Capital Management, Inc. (NYSE: NLY) [ Full Research Report ] (1) is looking to fully acquire shares of CreXus Investment Corp. (NYSE: CXS) [ Free Research Report ] (2). The acquisition is seen by Annaly as a way provide stable risk-adjusted returns to shareholders, while at the same time acting to diversify its asset portfolio. Over the last 12 months, Annaly has been busy improving its broad capital strategy. The company has successfully lowered its cost of capital through the issuance of $1.5 billion of preferred equity and convertible notes (standing at a weighted average of 6.3%), while also extending the duration of its borrowings by 93 days.