Rent-A-Center (RCII) Misses Q2 EPS by 7c, Beats on Revenues
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July 28, 2017 6:49 AM EDT
Stifel raised its price target on Rent-A-Center (NASDAQ: RCII) to $13.00 (from $11.50) while maintaining a Hold rating, following the company's second quarter earnings report.
Analyst John Baugh notes the company delivered second quarter revenues above consensus projections, while offering earnings per share results below expectations,... More
July 25, 2017 2:14 PM EDT
(Updated - July 25, 2017 2:21 PM EDT)
Rent-A-Center (NASDAQ: RCII) shareholder Marcato Capital demanded the company's board start the process of selling itself or risk being thrown out, according to Reuters. Marcato is putting its weight behind hedge fund Engaged Capital, which has been urging... More
July 25, 2017 8:21 AM EDT
Engaged Capital, LLC (together with its affiliates, Engaged Capital), an investment firm specializing in enhancing the value of small and mid-cap North American equities and the largest shareholder of... More
July 24, 2017 4:49 PM EDT
Rent-A-Center (NASDAQ: RCII) snubbed takeover interest from HIG Capital and Lone Star Funds before turning down an offer from Vintage Capital this month, according to Reuters, citing people familiar with the matter.
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