Worth Watching Stocks: Transocean LTD (NYSE:RIG), American Eagle Outfitters (NYSE:AEO), BB&T Corporation (NYSE:BBT)

On Thursday, Shares of Transocean LTD (NYSE:RIG), subtract -0.10% and closed at $10.07 in the last trading session. The last trading range of the stock ranges between $9.92 and $10.31. Transocean Ltd. (RIG) declared recently that Transocean Phoenix 2 Limited, one of its wholly-owned indirect auxiliaries (the “Issuer”), has priced an offering of senior secured notes. The Issuer will issue U.S. $600 million in aggregate principal amount of senior secured notes due 2024 (the “Notes”) following Rule 144A/Regulation S to eligible purchasers.

The Notes will be guaranteed by Transocean Ltd., Transocean Inc. and a wholly-owned indirect partner that owns the Deepwater Thalassa. The Notes will be secured by a lien on the Deepwater Thalassa and certain other assets related to the rig.

The Notes will bear interest at the rate of 7.75% per annum and will be callable after October 15, 2020. The offering is expected to close on or about October 19, 2016, subject to customary closing conditions. The Issuer anticipates to receive aggregate net proceeds of about U.S. $583 million from the offering, after deducting the initial purchaser`s discount and estimated offering costs.

American Eagle Outfitters (NYSE:AEO), jumped 0.93% and closed at $17.30 in the last trading session. The last trading range of the stock ranges between $16.91 and $17.34. The company’s Market capitalization is $3.18 Billion with the total Outstanding Shares of 181.76 million. – Bright Pink, a national non-profit organization focusing on the prevention of breast and ovarian cancer in young women, is proud to declare an integrated program with Aerie and American Eagle Outfitters in support of Breast Cancer Awareness Month. Aerie will offer a Limited-Edition Bright Pink Sunnie Demi Bra, while American Eagle Outfitters will offer a Limited-Edition Aerie Undie, Boxer and Boxer Brief with 100% of sales benefitting Bright Pink. This will mark the seventh successive year for the partnership but the first time both brands are participating.  The campaign will run both in Aerie and American Eagle Outfitters stores and online.

In addition, Aerie will introduce several opportunities for customers to assist the cause, counting inviting shoppers to donate to Bright Pink in Aerie stores by rounding up their purchase totals at the register. The partnership aims to spark important conversations among women about the risk of breast and ovarian cancer and inspire them to take take action, while also raising funds to fuel Bright Pink’s life-saving education programs.

BB&T Corporation (NYSE:BBT), gained 0.31% and closed at $38.96 in the last trading session. The last trading range of the stock ranges between $38.60 and $39.01. During the 52-week trading session the minimum price at which share price traded, registered at $29.95 and reached to max level of $39.47. BB&T Corporation (BBT) recently declared it has reached a contract with the United States Department of Justice (DOJ) that settles certain legacy mortgage matters involving the origination of mortgage loans insured by the U.S. Department of Housing and Urban Development’s Federal Housing Administration (FHA).

BB&T fully cooperated with all agencies involved in this matter. The inquiry was settled for $83 million without any admission of liability to avoid the cost and uncertainty of potential litigation. The investigation, potential claims and estimated potential net exposure to losses were formerly revealed. The settlement will have no negative effect on BB&T’s financial condition or results of operations as a result of previous accruals totaling $85 million. In a related matter, BB&T is pursuing a potential recovery of about $70 million.

BB&T remains committed to providing a high-quality mortgage experience together with exceptional service to assist our clients achieve economic success and financial security.

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