On Wednesday, Lincoln National Corporation (NYSE:LNC)’s shares inclined 4.68% to $49.48.
Lincoln Financial Group (LNC) declared the next generation of its Lincoln AssetEdge® Variable Universal Life (VUL) insurance offering, featuring expanded investment options for tax-efficient cash accumulation with downside protection, and supplemental income potential, as well as life insurance protection.
In addition to offering clients an income tax-free death benefit and more than 80 market-driven variable investment options from the Lincoln Elite Series of Funds for maximum growth potential, Lincoln AssetEdge® VUL now offers three indexed accounts for moderate growth potential with guaranteed downside protection, and a fixed account for more conservative, predictable growth. Clients have the ability to adjust investment allocations over time to align with changing needs and financial goals.
Lincoln National Corporation, through its auxiliaries, engages in multiple insurance and retirement businesses in the United States. It operates through Annuities, Retirement Plan Services, Life Insurance, and Group Protection segments.
HD Supply Holdings Inc (NASDAQ:HDS)’s shares gained 2.91% to $31.78.
HD Supply, Inc, an indirect wholly-owned partner of HD Supply Holdings, Inc. (HDS) declared its intention to enter into a new Senior Secured Term Loan Facility, the proceeds of which the Company intends to use, together with cash on hand and borrowings under its existing Senior Secured Revolving Facility, to refinance its existing Senior Secured Term Loan Facility. The Company anticipates the new Senior Secured Term Loan Facility will mature in 2021 and will permit the Company to pay down certain existing indebtedness, counting using the predictable proceeds of the recently declared sale of its Power Solutions business unit to redeem all of its outstanding 11% Senior Secured Second Precedingity Notes due 2020 (the “Second Precedingity Notes”). The Company presently anticipates that the Power Solutions transaction will be accomplished in the Company’s fiscal third quarter; however, there can be no assurances that the transaction will be accomplished, as it is subject to market and other customary conditions. The Company anticipates the new Senior Secured Term Loan Facility will generally contain terms and conditions compriseent with its existing Senior Secured Term Loan Facility; however, there can be no assurance that a new facility will be accessible on terms satisfactory to the Company or that the Company will enter into any such facility.
HD Supply Holdings, Inc. operates as an industrial distributor in North America. The company’s Facilities Maintenance segment offers electrical and lighting items, plumbing, appliances, janitorial supplies, hardware, kitchen and bath cabinets, window coverings, textiles and guest amenities, healthcare maintenance, and water and wastewater treatment products, in addition to heating, ventilating, and air conditioning products.
At the end of Wednesday’s trade, Joy Global Inc. (NYSE:JOY)‘s shares dipped -0.22% to $22.92.
Joy Global Inc. (JOY) declared recently that Randal W. Baker, the Company’s Executive Vice President and Chief Operating Officer, will leave the Company effective September 4, 2015 to pursue other opportunities. Mr. Baker formerly served as President of Joy Global Surface Mining Inc. from November 2009 until his appointment as Chief Operating Officer in December 2013.
Joy Global Inc. is a worldwide leader in mining equipment and services for surface and underground mining.
Joy Global Inc. manufactures and services mining equipment for the extraction of coal, copper, iron ore, oil sands, gold, and other minerals. It operates in two segments, Underground Mining Machinery and Surface Mining Equipment. The Underground Mining Machinery segment produces armored face conveyors, battery haulers, continuous chain haulage systems, continuous miners, conveyor systems, feeder breakers, flexible conveyor trains, hard rock mining products, high angle conveyors, long wall shearers, powered roof supports, road headers, roof bolters, and shuttle cars. This segment also provides equipment assemblies, services, repairs, rebuilds, parts, enhancement kits, and training. The Surface Mining Equipment segment produces blasthole drills, conveyor systems, electric mining shovels, feeder breakers, high angle conveyors, walking draglines, and wheel loaders.
Alaska Air Group, Inc. (NYSE:ALK), ended its Wednesday’s trading session with 2.37% gain, and closed at $76.32.
Alaska’s annual fall fare sale kicks off, with steep discounts on popular routes throughout North America.
One-way fares start at $59 and comprise new and popular destinations like Albuquerque, New Mexico, Puerto Vallarta, Mexico and Honolulu, Hawaii.* Visit www.alaskaair.com to find great savings and purchase tickets, or call 1-800-ALASKAAIR (800-252-7522 or Hearing & Speech Impaired (TTY): Dial 711 for Relay Services).
With Alaska’s new flight experience, Alaska Beyond™, customers will enjoy more of what they love, throughout their journey. Depending on the route flown, onboard amenities may comprise free entertainment on customers’ own devices and power at every seat to keep gadgets charged. Customers will also enjoy inspired Northwest food and beverages, such as Beecher’s Flagship cheese, exclusively blended Canoe Ridge wine and an entrée by award-winning chef Tom Douglas.
Alaska Air Group, Inc., through its auxiliaries, provides passengers and cargo air transportation services primarily in the United States. The company operates through Alaska Mainline and Alaska Regional segments. It serves about 100 cities in Alaska, the Lower 48, Hawaii, Canada, and Mexico. As of December 31, 2014, the company’s fleet comprised of 137 Boeing 737 jet aircraft; and 51 Bombardier Q400 turboprop aircraft.
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