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Friday 19 June 2015
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Afternoon Trade Stocks Recap: SeaDrill Limited, (NYSE:SDRL), American Realty Capital Properties, (NASDAQ:ARCP), Whole Foods Market, (NASDAQ:WFM)

During Tuesday’s Afternoon trade, Shares of SeaDrill Limited (NYSE:SDRL), lost -0.96% to $11.30, despite U.S. crude oil prices edged up on Tuesday, supported by warnings that a tropical storm threatened to hit the coast of the oil-producing state of Texas, but oversupply weighed on Brent.

U.S. crude, also known as West Texas Intermediate (WTI), was up 34 cents at $59.86 a barrel at 1044 GMT, staying within a range of $57-$62 per barrel that has been in place since the starting of May.

Seadrill Limited, an offshore drilling contractor, provides offshore drilling services to the oil and gas industry worldwide. The company operates through Floaters and Jack-up Rigs segments.

Shares of American Realty Capital Properties, Inc. (NASDAQ:ARCP), declined -0.41% to $8.44, during its current trading session.

On June 2, American Realty Capital Properties, declared the hiring of Lauren Goldberg as Executive Vice President, General Counsel and Secretary.

Ms. Goldberg’s experience comprises general counsel for a public company, as an Assistant United States Attorney and in private practice. “Lauren’s well-rounded background across regulatory matters, compliance, securities law, litigation, M&A and financing provides the experience we need to navigate the Company’s current landscape,” explained Glenn J. Rufrano, Chief Executive Officer of ARCP. “She will work closely with our leadership team to enhance corporate governance and enhance transparency with our stakeholders, while managing our in-house legal teams.”

Ms. Goldberg most recently served as Executive Vice President, General Counsel and Chief Compliance Officer for global cosmetics company Revlon. In this role, she was responsible for all aspects of Revlon’s legal and regulatory affairs, served on the senior operating committee and oversaw Revlon’s corporate governance matters. Additionally, Ms. Goldberg served as Senior Vice President – Law for MacAndrews & Forbes Inc.; Assistant United States Attorney for the United States Attorney’s Office in the Southern District of New York; and as an Associate with both Stillman & Friedman, P.C. and Fried, Frank, Harris, Shriver & Jacobson LLP. Ms. Goldberg also has preceding accounting experience as an associate at Coopers & Lybrand. She received her law degree from the Columbia Law School and her undergraduate degree in accounting from the Wharton School, University of Pennsylvania.

American Realty Capital Properties, Inc. owns and acquires single tenant, freestanding commercial real estate that is net leased on a medium-term basis, primarily to investment grade credit rated and other creditworthy tenants. The company principally invests in retail and office properties.

Finally, Whole Foods Market, Inc. (NASDAQ:WFM), gained 1.64%, and is now trading at $40.96.

Whole Foods Market, declared the name of its new streamlined, value-focused brand: 365 by Whole Foods Market. Slated to start opening in 2016, the new stores will offer convenience and everyday low prices on natural and organic products that meet the company’s industry-leading quality standards.

Jeff Turnas, a 20-year Whole Foods Market veteran, will serve as president of 365 by Whole Foods Market and will be based at the company’s headquarters in Austin. Turnas has held various leadership positions on both the product and operations fronts, counting president of the company’s North Atlantic Region, and most recently as president of its U.K. Region.

“We are excited to introduce 365 by Whole Foods Market to bring healthy foods to even more communities with a fresh, quality-meets-value shopping experience that’s fun and convenient,” Turnas said. “A modern, streamlined design with innovative technology and a carefully curated product mix will offer an efficient and rewarding way to grocery shop.”

Whole Foods Market, Inc. operates as a retailer of natural and organic foods. The company’s stores offer produce and floral, grocery, meat, seafood, bakery, prepared foods and catering, coffee, tea, beer, wine, cheese, nutritional supplements, vitamins, and body care products, in addition to lifestyle products, counting books, pet products, and household products.

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