Rent-A-Center (RCII) Misses Q2 EPS by 7c, Beats on Revenues
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Rent-A-Center (RCII) PT Raised to $13 at Stifel on Q4 Results; 'Still in Transition Mode'
July 28, 2017 6:49 AM EDTStifel 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
UPDATE: Rent-A-Center (RCII) Shareholder Marcato Backs Engaged Capital in Urging Company to Sell Itself - Reuters
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
Rent-A-Center (RCII) Shareholder Engaged Capital Says It's 'Outraged' Previous Approaches Weren't Disclosed
July 25, 2017 8:21 AM EDTEngaged 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
Rent-A-Center (RCII) Shunned Takeover Interested from HIG Capital, Lone Star Funds - Reuters
July 24, 2017 4:49 PM EDTRent-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.
... More