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American Realty Falls to Record Low After Accounting Errors

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American Realty Capital Properties Inc. fell for a second day after reporting accounting errors that led to the resignations of two top executives, sparking concern about the company’s ability to raise money for growth.

The stock sank 5.8 percent to $9.42, a record low, following a 19 percent plunge yesterday. Moody’s Investors Service today joined Standard & Poor’s in saying it may cut the company’s credit rating to junk status.