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Tag: NASDAQ:ORBT

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AVP, Avon Products Inc.

** AVP reported that in 2012 the company will separate the roles of Chairman and Chief Executive Officer.

Hercules Offshore, Inc. (NASDAQ:HERO) reported an investment of $10 million in Discovery Offshore S.A. ("Discovery Offshore"), a newly formed Luxembourg-based company, focused on ownership of ultra high-specification jackup rigs. Discovery Offshore will construct two ultra high-specification jackup rigs, with options for two additional jackup rigs, at Keppel FELS in Singapore.

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