Endurance Specialty Holdings Ltd. (NYSE:ENH) [Trend Analysis] moved down reacts as active mover, shares a loss -0.01% to traded at $92.20 and the percentage gap between open changing to regular change was 0.02%. Endurance Specialty Holdings Ltd. (ENH) released that it has planned a special general meeting of its shareholders to seek approval for the acquisition of 100% of the outstanding ordinary shares of Endurance by SOMPO Holdings, Inc.
The Endurance special general meeting will be held on Friday, January 27, 2017, at 9:00 a.m. (Atlantic Time) at Endurance`s offices at Waterloo House, 100 Pitts Bay Road, Pembroke HM 08, Bermuda. Holders of Endurance ordinary shares and 6.35% non-cumulative preferred shares, Series C of record as of the close of business on December 28, 2016, will be entitled to vote as a single class at the Endurance special general meeting. The proxy statement will provide voting instructions as well as detailed information for shareholders about the acquisition. Endurance expects to commence mailing the proxy statement to its shareholders on or about January 4, 2017.
The firm past twelve months price to sales ratio was 2.51 and price to cash ratio remained 4.71. As far as the returns are concern, the return on equity was recorded as 8.40% and return on investment was 7.60% while its return on asset stayed at 2.90%. The firm has total debt to equity ratio measured as 0.14.
The Kroger Co. (NYSE:KR) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 0.43% to close at $33.07 with the total traded volume of 8.56 Million shares. The Kroger Co. (KR) released its succession plan for group vice president and chief digital officer.Kevin Dougherty, 63, group vice president and chief digital officer, will retire on Jan. 27, 2017, after 15 years of distinguished service. Yael Cosset, 43, chief commercial officer and chief information officer of 84.51°, will succeed Mr. Dougherty effective upon his retirement.
NKevin Dougherty to Retire as Group Vice President and Chief Digital Officer. Mr. Dougherty joined Kroger in 2001 as vice president of supply chain operations. He was promoted to group vice president of logistics in 2004, before being named group vice president and chief supply chain officer in 2010. Under his leadership, Kroger made considerable progress on its associate safety initiatives. The firm has institutional ownership of 77.40%, while insider ownership included 0.60%. Its price to sales ratio ended at 0.28. KR attains analyst recommendation of 2.20 with week performance of -0.09%.