|Bid||7.58 x 800|
|Ask||10.50 x 1000|
|Day's Range||9.57 - 10.00|
|52 Week Range||7.22 - 13.89|
|PE Ratio (TTM)||80.33|
|Forward Dividend & Yield||0.32 (3.09%)|
|1y Target Est||N/A|
Apogee Enterprises Inc (NASDAQ:APOG), a manufacturer of architectural glass and metal glass framings, which has One World Trade Center and Petronas Towers in Kuala Lumpur among its clients, has seen its stock decline by over 20% in the last 12 months. Among the reasons for the decline were lower-than-expected results, with the company missing both […]
Rent-A-Center Inc (NASDAQ: RCII ) has been under pressure from activist investors to explore a sale, and said in early April it plans on reaching a decision by the second quarter. In the meantime, valuing ...
The company, which has been under pressure from its shareholders Engaged Capital and Marcato Capital to sell itself, has previously rejected buyout offers. The company's comparable-store sales have not risen in the past two years, but are now expected to rise 0.9 percent in the first quarter, according to Thomson Reuters I/B/E/S.
The buyout firm is among the final bidders for the rent-to-own retailer. It joins private equity firm Vintage Capital, which The Deal has learned has raised outside funding for its bid.
Shares of Rent-A-Center (RCII) increased following rumors that it is being considered for a buyout by Vintage Capital Management LLC, along with other bidders.
Rent-A-Center Inc (NASDAQ:RCII) shares were soaring on Tuesday as reports suggested that the company may be preparing itself for a buyout.Source: Wikipedia
A sale of the rent-to-own retailer is likely to be announced in a month or two, people familiar with the situation said.
Rent-A-Center Inc., under pressure to improve performance and possibly sell itself, intends to cut about 250 jobs as part of a cost-cutting program that targets at least $65 million in annualized savings, ...
Rent-A-Center's (RCII) major shareholder, Engaged Capital, and activist investor, Marcato Capital, compels management to look for strategic alternatives.
Shares of Rent-A-Center Inc. skyrocketed in after-hours trading as the Plano company announced cost savings from extensive layoffs among its corporate staff. Rent-A-Center (RCII) said Wednesday that it will reduce its corporate headcount by 250 positions, or 25 percent. Including general and administrative expenses, the layoffs are expected to produce roughly $28 million in annual run-rate cost savings, with about $20 million saved in 2018.
Rent-A-Center Inc is in active talks with multiple parties for a possible buyout, the rent-to-own furniture retailer said on Wednesday, while also announcing 250 layoffs at its Plano, Texas headquarters. Rent-A-Center, which has been under pressure from its largest shareholder Engaged Capital to sell itself, has previously rejected buyout offers. Another activist investor, Marcato Capital, has also pushed the company to sell itself.
Rent-A-Center Inc. said late Wednesday it is laying off about 25% of its corporate workforce in Plano, Texas, to "better align" the company's structure with its operations under a plan to save ...
Rent-A-Center Inc said on Wednesday it will cut about 250 jobs, or about 25 percent of its workforce in Plano, Texas, as part of its plan to reduce costs. The job cuts along with other cost-cutting activities ...
Rent-A-Center Inc (NASDAQ:RCII) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017.
Rent-A-Center Inc. disclosed Wednesday that Chief Operating Officer Joel Mussat resigned, which the household goods leasing company said was a "termination without "cause," effective Feb. ...
Rent-A-Center (RCII) continued with its dismal performance in the final quarter of 2017 as well, wherein both the top and bottom line fell short of expectations.
On a per-share basis, the Plano, Texas-based company said it had net income of 65 cents. Losses, adjusted for pretax gains, came to 41 cents per share. The results did not meet Wall Street expectations. ...