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ARCP CEO Glenn Rufrano, Key Takeaways From First Earnings Call
Friday, May 8, 2015 - 3:30pm | 1095Read More...One of last year's biggest REIT stories resulted in American Realty Capital Properties Inc (NASDAQ: ARCP) Executive Chairman Nick Schorsch and then-new CEO David Kay stepping down amid accounting errors and related cover-ups. Fast forward to Thursday and five weeks into his tenure, new CEO Glenn...
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Why American Realty Capital Properties Is Trading Higher
Tuesday, December 30, 2014 - 9:33am | 295Read More...The seemingly never-ending story of the revolving boardroom door at American Realty Capital Properties Inc (NASDAQ: ARCP) has now taken yet another turn. Activist hedge fund Corvex Management LP, led by former Carl Icahn lieutenant Keith Meister, has revealed a large stake in the...
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The Drama Shaking The REIT World Just Won't Stop
Saturday, December 20, 2014 - 2:30pm | 522Read More...On December 16, the Wall Street Journal reported that American Realty Capital Properties Inc (NASDAQ: ARCP) had been cut by Moody's to "junk" (Ba1) with a negative outlook. The rating agency cited concerns over the recent accounting irregularities, cover-up, executive shake-up and...
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Darden Restaurants To Sell Red Lobster Business To Golden Gate Capital For $2.1 Billion
Friday, May 16, 2014 - 8:37am | 338Read More...Shares of both Darden Restaurants (NYSE: DRI) and American Realty Capital Properties (NASDAQ: ARCP) are seeing some activity in Friday's premarket amid news the former will sell its Red Lobster unit and the latter will purchase the unit's real estate assets. Darden Restaurants said it has agreed...
