CYS Investments (CYS) announces a secondary offering of 30M shares, granting an option to the...

|About: CYS Investments, Inc. (CYS)|By:, SA News Editor

CYS Investments (CYS) announces a secondary offering of 30M shares, granting an option to the underwriters to purchase an additional 4.5M shares. The company also announces Q2 earnings estimates, expecting June 30 book value to be $13.50-13.54/share (today's close $14.14). Shares -2.4% AH. (PR #1, PR #2)