Top Financial Stock Picking: American International Group, Inc. (AIG), Morgan Stanley (MS)

Top Financial Stock Picking: American International Group, Inc. (AIG), Morgan Stanley (MS)

Top Financial Stock Picking: American International Group, Inc. (AIG), Morgan Stanley (MS)

American International Group, Inc. (AIG) ended last trading session with a change of 0.16 percent. It trades at an average volume of 6.35M shares versus 8.15M shares recorded at the end of last trading session. The share price of $63.18 is at a distance of 31.88 percent from its 52-week low and down -6.36 percent versus its peak. The company has a market cap of $62.02B and currently has 981.58M shares outstanding. The share price is currently -1.03 percent versus its SMA20, -2.67 percent versus its SMA50, and 5.11 percent versus its SMA200. The stock has a weekly performance of -0.94 percent and is -3.26 percent year-to-date as of the recent close.

On March 14, 2017 American International Group, Inc. (AIG) announced that in accordance with the terms of the outstanding warrants (CUSIP number 026874156) (the “Warrants”) to purchase shares of AIG Common Stock, par value $2.50 per share, the Warrant exercise price will be reduced to $44.2948 per share from $44.4305 per share and the number of shares of AIG Common Stock receivable upon Warrant exercise will increase to 1.016 from 1.013. Each of these adjustments will be effective at the close of business on March 15, 2017. Any Warrant exercised on or prior to March 15, 2017 will not be entitled to these adjustments.

Morgan Stanley (MS) recently recorded -0.49 percent change and currently at $46.26 is 103.68 percent away from its 52-week low and down -2.26 percent versus its peak. It has a past 5-day performance of -0.67 percent and trades at an average volume of 10.86M shares. The stock has a 1-month performance of 3.14 percent and is 9.99 percent year-to-date as of the recent close. There were about 1.87B shares outstanding which made its market cap $86.68B. The share price is currently 0.15 percent versus its SMA20, 4.33 percent versus its SMA50, and 31.98 percent versus its SMA200.

March 9, 2017 — Colm Kelleher, President of Morgan Stanley (MS), will speak at the Annual Morgan Stanley European Financials Conference in London on Tuesday, March 21, at 10:40 a.m. Eastern Time.

Both live and on-demand versions of the webcast will be available on www.morganstanley.com in the Investor Relations section.

 

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