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Vereit Brings New Life To American Realty Capital Properties; Earnings Call Answers Lingering Questions
Friday, August 7, 2015 - 3:22pm | 1056It is a difficult task to regain the trust of shareholders who have been misled in the past. On Thursday, new CEO Glenn Rufrano hosted the inaugural Vereit Inc (NYSE: VER) earnings call for the quarter ended June 30, 2015. Shareholders and investors who follow publicly traded REITs are familiar...
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The Drama Shaking The REIT World Just Won't Stop
Saturday, December 20, 2014 - 2:30pm | 522On 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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Market Wrap For May 30: 'Sell In May And Go Away' Proves To Be Bad Advice
Friday, May 30, 2014 - 3:30pm | 1763U.S. stocks were mostly higher on the final trading day of May, as both the S&P 500 and Dow indices close at record highs, despite disappointing consumer spending data reported on Friday morning. Loretta Mester, the soon to be Cleveland Fed President argued in a speech the importance of...