Noble Corp plc (NYSE:NE) has priced an offering of $1.1 billion aggregate principal amount of senior unsecured notes. The offering was made in three separate tranches, with $250 million of 4.000% senior notes due 2018, $450 million of 5.950% senior notes due 2025 and $400 million of 6.950% senior notes due 2045. The weighted average coupon of all three tranches is 5.87%. On Thursday shares of Noble Corp plc (NYSE:NE) closed at $14.21. Company’s sales growth for last 5 years was -2.40%.
Zacks downgraded shares of Smith Micro Software Inc (NASDAQ:SMSI) from an outperform rating to a neutral rating in a report issued on Tuesday. They currently have $1.60 target price on the stock. Smith Micro Software Inc. (NASDAQ:SMSI) in last trading activity decreased -7.63% to close at $1.21. Company weekly performance is -15.97% while its quarterly performance stands at 23.47%. Smith Micro Software Inc. (NASDAQ:SMSI) is -43.46% away from its 52 week high.
Lloyds Banking Group plc (NYSE:LYG) said that it has entered talks with Spanish peer Banco de Sabadell SA. over the potential sale of the British lender’s stake in the TSB Banking Group Plc (LON:TSB), the challenger bank that was recently spun out of Lloyds. The FTSE 100 major said that it would be inclined to accept an offer, should a satisfactory offer be forthcoming. On last trading day Lloyds Banking Group plc (NYSE:LYG) increased 1.28% to close at $4.74. Its volatility for the week is 1.52% while volatility for the month is 1.35%. LYG’s sales growth for past 5 years was -7.40% and its EPS growth for past 5 years was -23.20%. Lloyds Banking Group plc (NYSE:LYG) monthly performance is 4.18%.
The breadth of Delta Air Lines Inc. (NYSE:DAL)’ latest round of cuts at Cincinnati/Northern Kentucky International Airport became a lot clearer this week. Delta is downsizing flights to 14 more cities as part of the airline’s plan to eventually close its once-booming CVG hub. Service is being pared down to several business markets, including Chicago, Philadelphia, Charlotte, Baltimore, St. Louis and Pittsburgh. On Thursday shares of Delta Air Lines, Inc. (NYSE:DAL) closed at $45.33. Company’s sales growth for last 5 years was 7.50% and EPS growth for next 5 years is recorded as 19.88%.
A New York federal judge has awarded Merck & Co. Inc. (NYSE:MRK) summary judgment in a Vioxx case, finding the plaintiff failed to establish a question of fact as to whether the painkiller caused inadequate bone repair and delayed the healing of his broken leg. Merck & Co. Inc. (NYSE:MRK) in last trading activity increased 0.20% to close at $56.17. Company weekly performance is -3.12% while its quarterly performance stands at -5.69%. Merck & Co. Inc. (NYSE:MRK) is -11.71% away from its 52 week high.