Stocks Trending Alert: Kroger Co (NYSE:KR), Ocwen Financial Corp (NYSE:OCN)

On Thursday, Shares of Kroger Co (NYSE:KR), subtract -0.53% and shut at $33.52 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $32.59 and $33.59. The Kroger Co. (KR) will host a conference call with shareholders on Thursday, December 1, 2016 at 10 a.m. (ET) to discuss financial results for the third quarter 2016.

The presentation will be broadcast online. Click on “Quarterly Results” to access the event. An on-demand replay of the webcast will be available at about 1 p.m. (ET) on Thursday, December 1, 2016.

Shares of Ocwen Financial Corp (NYSE:OCN), added 3.06 % and shut at $5.05 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $4.91and $5.08. The association’s commercial center capitalization is $639.19 million with the general uncommon loads of 123.99 million. Ocwen Financial Corporation, (OCN) (“Ocwen” or the “Company”), a leading financial services holding company, recently declared that $346.5 million aggregate principal amount (99.1%) of its 6.625% Senior Notes due 2019 (the “Existing Notes”) had been tendered as of 5:00 p.m. New York City time, on November 15, 2016 (such date and time, the “Early Tender Date”) following the formerly declared Exchange Offer (as defined below) by its partner Ocwen Loan Servicing, LLC (“OLS”).

On November 1, 2016, OLS begind an offer to exchange (the “Exchange Offer”) all outstanding Existing Notes held by eligible holders for up to $350 million aggregate principal amount of newly issued 8.375% Senior Secured Second Lien Notes due 2022 of OLS (the “New Second Lien Notes”) upon the terms and subject to the conditions set forth in the offering memorandum dated November 1, 2016 and the related letter of transmittal (collectively, the “Offering Materials”).  The CUSIP numbers for the Existing Notes are: 675746 AF8 (Registered), U67503 AA7 (Reg S) and 675746 AE1 (Rule 144A).

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