Shares of Unum Group (NYSE:UNM) ended Thursday session in red amid volatile trading. The shares closed down -0.53 points or -1.50% at $34.69 with 1.09 million shares getting traded. Post opening the session at $35.11, the shares hit an intraday low of $34.55 and an intraday high of $35.50 and the price vacillated in this range throughout the day. The company has a market cap of $8.23 billion and the numbers of outstanding shares have been calculated to be 234.64 million shares.
Unum Group (UNM) announced that it will release its third quarter 2016 results Wednesday, Oct. 26, at approximately 4:15 p.m. Eastern. The earnings news release and the financial supplement will be available in the Investors section of the company’s website, which can be directly accessed at www.investors.unum.com.
Members of Unum Group senior management will host a conference call on Thursday, Oct. 27, at 9 a.m. Eastern to discuss the results of operations for the third quarter. Topics may include forward-looking information, such as guidance on future results or trends in operations, as well as other material information. Interested parties are invited to listen to the call and participate in the question-and-answer segment by dialing the appropriate number.
For callers in the U.S. and Canada: 800-753-9057, conference ID 1162703
For international callers: 913-312-0860
A live webcast of the call will be accessible from the Investors section of the company’s website in a listen-only mode. It is recommended that interested parties access the webcast approximately 5-10 minutes prior to the start of the call. The company will maintain a replay of the call on its website through Thursday, Nov. 3, 2016. Interested parties may access the replay by dialing the appropriate number.
For callers in the U.S. toll free: 888-203-1112
For callers in the U.S. toll: 719-457-0820
Conference ID 1162703
Shares of Ares Capital Corporation (NASDAQ:ARCC) ended Thursday session in red amid volatile trading. The shares closed down -0.07 points or -0.45% at $15.46 with 2.16 million shares getting traded. Post opening the session at $15.54, the shares hit an intraday low of $15.46 and an intraday high of $15.65 and the price vacillated in this range throughout the day. The company has a market cap of $4.86 billion and the numbers of outstanding shares have been calculated to be 313.95 million shares.
Ares Capital Corporation (ARCC) on September 15, 2016 announced that it has priced an underwritten public offering of $600.0 million in aggregate principal amount of 3.625% notes due 2022. The notes will mature on January 19, 2022 and may be redeemed in whole or in part at Ares Capital’s option at any time at par plus a “make-whole” premium, if applicable.
BofA Merrill Lynch, Wells Fargo Securities, J.P. Morgan, SunTrust Robinson Humphrey, Barclays, Citigroup, Morgan Stanley, BMO Capital Markets, Deutsche Bank Securities, Mizuho Securities, RBC Capital Markets and SMBC Nikko are acting as joint book-running managers for this offering. The offering is expected to close on September 19, 2016, subject to customary closing conditions.
Ares Capital expects to use the net proceeds of this offering to repay certain outstanding indebtedness under its debt facilities. Ares Capital may reborrow under its debt facilities for general corporate purposes, which include investing in portfolio companies in accordance with its investment objective.