Loews Corp (L.N)
Latest Key Developments (Source: Significant Developments)
Diamond Offshore Drilling Inc
Loews Corporation:Has priced a public offering of $500 million aggregate principal amount of 3.75% Senior Notes due 2026.Expects the offering to close on March 22.Intends to use the net proceeds from the offering for general corporate purposes. Full Article
Loews Corporation:Says declaration of quarterly dividend of $0.0625 per share of common stock.Payable on December 11 to shareholders of record date as on November 30. Full Article
Loews Corp:Sets quarterly dividend of $0.0625 per share. Full Article
Rig contractor Diamond Offshore Drilling Inc's chief executive officer, Marc Edwards, said on Monday oil prices needed to be "well over $60" to spur a recovery in offshore drilling.