Chimera Investment Corporation Reports Improving Market Conditions Lift Book Value and Enable Secondary Capital Markets Activity; 3rd Quarter 2009 Core EPS of $0.13.

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Chimera Investment Corporation Reports Improving Market Conditions Lift Book Value and Enable Secondary Capital Markets Activity; 3rd Quarter 2009 Core EPS of $0.13.

NEW YORK -- Chimera Investment Corporation (NYSE: CIM) today reported Core Earnings for the quarter ended September 30, 2009, of $85.9 million or $0.13 per average share as compared to Core Earnings for the quarter ended September 30, 2008, of $6.3 million or $0.16 per average share and Core Earnings for the quarter ended June 30, 2009, of $48.9 million or $0.10 per average share. "Core Earnings" represents a non-GAAP measure that approximates distributable income, and is defined as GAAP net income (loss) excluding non-cash equity compensation expense, gains or losses on sales of securities and terminati...

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