Shares of American International Group Inc (NYSE:AIG) ended Tuesday session at $57.84 with 5.09 million shares getting traded. Post opening the session at $58.09, the shares hit an intraday low of $57.78 and an intraday high of $58.12 and the price vacillated in this range throughout the day. The company has a market cap of $61.86 billion and the numbers of outstanding shares have been calculated to be 1.08 billion shares.
American International Group Inc (AIG) announced that it will hold an Investor Day in New York City on Friday, November 18, 2016. Members of AIG’s senior management team will discuss the company’s businesses, strategies and financial outlook.
Further details will be announced closer to the date of the meeting.
Shares of E*TRADE Financial Corp (NASDAQ:ETFC) ended Tuesday session in red amid volatile trading. The shares closed down -0.30 points or -1.05% at $28.19 with 3.37 million shares getting traded. Post opening the session at $28.70, the shares hit an intraday low of $28.09 and an intraday high of $28.75 and the price vacillated in this range throughout the day. The company has a market cap of $7.81 billion and the numbers of outstanding shares have been calculated to be 273.69 million shares.
E*TRADE Financial Corp (ETFC) on September 12, 2016 announced that it completed the acquisition of Aperture New Holdings, Inc., the ultimate parent company of OptionsHouse. The Company also announced changes to its executive leadership to better align the Company for growth, including the appointment of Rodger A. Lawson (previously serving as the Chairman of the Board) as Executive Chairman, Karl A. Roessner (previously serving as General Counsel) as Chief Executive Officer and Board member, and Michael J. Curcio (previously serving as CEO of Aperture) as Chief Brokerage Officer, as well as the departure of previous Chief Executive, Paul T. Idzik. Kevin T. Kabat has been appointed Lead Independent Director.
“With the OptionsHouse transaction drawn to a close, we have a significant opportunity to reconfigure the Company’s leadership to better focus on growing the business both organically and inorganically,” said Rodger Lawson, Executive Chairman of E*TRADE Financial. “While the E*TRADE Board applauds the foundational enhancements and significant regulatory progress made by the Company over the past three years, our core brokerage growth has come under pressure. Accordingly, we are restructuring the Company’s leadership, elevating Karl Roessner—a proven and embedded leader with deep company expertise—to Chief Executive Officer, and positioning Michael Curcio—an industry and E*TRADE veteran—as Chief Brokerage Officer, to lead our core business. Additionally, I am personally excited to serve the Company in its daily operations. The Board intensely weighed these leadership shifts and strongly believes we can best deliver on our renewed commitment to shareholders to grow the business through these timely actions. On behalf of our entire Board, I would also like to extend our gratitude to Mr. Idzik for his contributions, which have helped set the stage for the next phase of the Company’s evolution. We wish him the best in his future endeavors.”