Read a media report stating that good times are coming to an end for Dollar stores. If you ask me, there appears to be no cloud on the horizon and major Dollar stores like $DG and $DLTR are doing well for sure.
$RIG's indirect subsidiary Transocean Proteus Ltd. closed offering of $625MM of 6.25% senior secured notes due 2024. The net proceeds of about $609MM from the Notes will be used primarily for the purpose of partially financing the construction of the Deepwater Proteus.
$ISIL's stockholders approved the merger agreement with Renesas Electronics Corp. The merger remains subject to satisfaction of certain other conditions, including antitrust approval by the China government and approval by Committee on Foreign Investment in the U.S. The transaction is expected to close during 1H17.
$UNM said non-executive Chairman Thomas Watjen has informed its BoD of his decision to not stand for re-election at Annual Meeting in May 2017. Watjen's retirement marks the completion of a two-year leadership transition that began in 2015 when he stepped down as CEO of the company and Richard McKenney assumed the role.
$WRB appointed Miklos Kallo as president of Berkley Regional Specialty. He succeeds Paul McAuliffe, who will retire at the end of the year after 15 years of service with the company. The appointment is effective immediately.