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Insurance company $TMK said it has priced an offering of $300MM in aggregate principal amount of its 6.125% Junior Subordinated Debentures maturing in 2056. The debentures are redeemable on or after June 15, 2021. The offering will close on April 5, 2016. The net proceeds may be used to redeem all of the $250MM of 6.375% Senior Notes due 2016.
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!
$AVGO reports 4Q earnings today. I am wondering what to expect.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.