Health-care REIT HCP Inc. (HCP +0.8%) bounces back from an early sell off after the facilities...

|By:, SA News Editor

Health-care REIT HCP Inc. (HCP +0.8%) bounces back from an early sell off after the facilities manager earlier agreed to sell 7.8M shares to Citigroup (C +3.8%). The company plans to utilize the proceeds to repay debt as well as various other corporate needs.