Key Developments: American Realty Capital Properties Inc (ARCP.O)

ARCP.O on Nasdaq

8.02USD
19 Dec 2014
Price Change (% chg)

$-0.05 (-0.62%)
Prev Close
$8.07
Open
$8.10
Day's High
$8.12
Day's Low
$7.97
Volume
29,099,712
Avg. Vol
23,303,407
52-wk High
$14.96
52-wk Low
$7.38

Search Stocks

Latest Key Developments (Source: Significant Developments)

American Realty Capital Properties Inc announces change in chairman
Monday, 15 Dec 2014 08:30am EST 

American Realty Capital Properties Inc:Says Nick Schorsch has stepped down as Executive Chairman of ARCP and from the ARCP Board of Directors and the Boards of Directors of the non-traded REITs managed by Cole Capital.William Stanley, Lead Independent Director, will assume the role of Chairman on an interim basis until a replacement can be found.  Full Article

American Realty Capital Properties Inc announces monthly common stock and series F preferred stock dividends for Dec. 2014
Friday, 21 Nov 2014 06:00am EST 

American Realty Capital Properties Inc:Says it has declared a monthly common stock dividend of $0.0833333 per share for Dec. 2014.Says it will pay such dividend to holders of its common stock of record at the close of business on Dec. 8.Says it will pay a monthly dividend to holders of its 6.70 pct Series F Cumulative Redeemable Preferred Stock, par value $0.01 per share, in respect of the period commencing Nov. 15, through Dec. 14, on Dec. 15.Says holders of Series F Preferred Stock on December 1, 2014 will be eligible to receive such dividend.Says dividend for the Series F Preferred Stock accrues daily on a 360-day annual basis equal to an annualized dividend rate of $1.675 per share, or $0.1395833 per 30-day month.  Full Article

Pomerantz Law Firm announces filing of class action against American Realty Capital Properties, Inc. and certain officers
Thursday, 30 Oct 2014 12:37pm EDT 

Pomerantz LLP:Files a class action lawsuit against American Realty Capital Properties, Inc. and certain of its officers.Class action, filed in United States District Court, Southern District of New York, and docketed under 14-cv-08659, is on behalf of a class consisting of all persons or entities who purchased American Realty securities between Feb. 27 and Oct. 28.Class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.Complaint alleges that throughout the Class Period, defendants made materially false and misleading statements regarding the Company's business, operational and compliance policies.Company's statements contained errors related to the improper classification of its AFFO resulting in an overstatement for the three months ended March 31 and an overstatement of AFFO and an understatement of net loss for the three and six months ended June 30.  Full Article

American Realty Capital Properties announces monthly common stock and Series F preferred stock dividends for Nov. 2014
Monday, 20 Oct 2014 04:00pm EDT 

American Realty Capital Properties Inc:Declares an annualized common stock dividend of $1.00 per share.Payable on Nov. 14 of record date of Nov. 7.Declares monthly dividend to holders of its 6.70 pct Series F Cumulative Redeemable Preferred Stock, par value $0.01 per share.Payable on Nov. 17.Holders of Series F Preferred Stock on November 1, 2014 will be eligible to receive such dividend.  Full Article

DDR Corp and joint venture closes acquisition of 71 shopping centers from American Realty Capital Properties
Monday, 20 Oct 2014 06:00am EDT 

DDR Corp:And an affiliate of Blackstone Real Estate Partners VII say that a joint venture formed by the two entities has closed on the acquisition of 71 shopping centers previously owned by American Realty Capital Properties Inc for $1.93 billion.  Full Article

RCS Capital Corp to acquire Cole Capital for $700 mln from American Realty Capital Properties
Wednesday, 1 Oct 2014 06:30am EDT 

RCS Capital Corp:To acquire Cole Capital Partners, LLC and Cole Capital Advisors, Inc. (together, Cole Capital) from American Realty Capital Properties, Inc for $700 mln plus contingent consideration.Cole Capital is the private capital management business of ARCP, which includes a broker-dealer, wholesale distribution, and a non-traded real estate investment trust, or REIT, sponsor and advisory businesses.  Full Article

American Realty Capital Properties Inc lowers FY 2014 AFFO guidance; gives FY 2015 AFFO guidance
Wednesday, 1 Oct 2014 06:15am EDT 

American Realty Capital Properties Inc:Revised FY 2014 AFFO guidance to a range of $1.06 to $1.08 per share.Expects FY 2015 AFFO guidance range to a range of $1.11 to $1.14 per share.Says FY 2015 AFFO per share guidance is based on a range of balance sheet acquisitions between $2.5 bln and $3.5 bln as well as $4 bln to $5 bln of acquisitions on behalf of the Managed Funds and ARC Global II in 2015.FY 2014 FFO of $1.09 - Thomson Reuters I/B/E/S.  Full Article

American Realty Capital Properties promotes David S. Kay to Chief Executive Officer and Lisa E. Beeson to President
Tuesday, 30 Sep 2014 05:00pm EDT 

American Realty Capital Properties Inc:Announces that effective Oct. 1, as previously communicated through its shareholder letters, David S. Kay will become Chief Executive Officer and Lisa E. Beeson will become President.Nicholas S. Schorsch, who had served as CEO, will remain Chairman of the Board.  Full Article

American Realty Capital Properties announces monthly common stock and series F preferred stock dividends for Oct. 2014
Friday, 19 Sep 2014 04:01pm EDT 

American Realty Capital Properties Inc:Declared an annualized common stock dividend of $1.00 per share to be paid monthly to holders of common stock of record at the close of business on the 8thday of each month, payable on the 15thday of such month.Accordingly, on Oct. 15, ARCP will pay a distribution of $0.0833333 per share to holders of common stock of record at the close of business on Oct. 8.Additionally, ARCP will pay a monthly dividend to holders of its 6.70 pct Series F Cumulative Redeemable Preferred Stock, par value $0.01 per share, in respect of the period commencing Sept. 15 through Oct. 14, on Oct. 15.Holders of Series F Preferred Stock on Oct. 1 will be eligible to receive such dividend.  Full Article

American Realty Capital Properties Inc announces monthly common stock and series F preferred stock dividends for Sept. 2014
Wednesday, 20 Aug 2014 04:05pm EDT 

American Realty Capital Properties Inc:Declares annualized common stock dividend of $1.00 per share to be paid monthly to holders of common stock of record at the close of business on the 8thday of each month, payable on the 15thday of such month.Accordingly, on Sept. 15, it will pay a distribution of $0.0833333 per share to holders of common stock of record at the close of business on Sept. 8.Additionally, it will pay a monthly dividend to holders of its 6.70pct Series F Cumulative Redeemable Preferred Stock, par value $0.01 per share, in respect of the period commencing Aug. 15, 2014 through Sept. 14, on Sept. 15.Holders of Series F Preferred Stock on Sept. 1 will be eligible to receive such dividend.Dividend for the Series F Preferred Stock accrues daily on a 360-day annual basis equal to an annualized dividend rate of $1.675 per share, or $0.1395833 per 30-day month.  Full Article

Ex-American Realty chairman accused of ordering accounting changes

- A former executive of American Realty Capital Properties Inc alleged former chairman Nicholas Schorsch directed her and another executive to manipulate financial results.

Search Stocks