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Observing Stocks Update-) The Western Union Company (NYSE:WU), American International Group Inc (AIG)

On Monday, Shares of The Western Union Company (NYSE:WU) increased 0.27% and closed at $18.70 after opening 18.63 with the overall traded volume of 2.53 million shares. The company’s Market capitalization reached to $8.90 billion, $471.25 million outstanding shares. Its low price was $18.59 and the highest price was $18.83.

The Western Union Company (WU) announced that President and CEO Hikmet Ersek and Executive Vice President and Chief Financial Officer Raj Agrawal will host a webcast and conference call to discuss second quarter 2017 results on August 3, 2017 at 4:30 p.m. EDT. A press release highlighting the financial results will be issued at approximately 4:00 p.m. EDT the same day.

The webcast and slide presentation will be available at http://ir.westernunion.com. Registration for the event is required, so please register at least five minutes prior to the scheduled start time.

To listen to the conference call via telephone, dial 1 (888) 317-6003 (U.S.) or +1 (412) 317-6061 (outside the U.S.) ten minutes prior to the start of the call. The pass code is 9405564.

A webcast replay will be available at http://ir.westernunion.com.

Shares of American International Group Inc (NYSE:AIG) decreased -0.44% and closed at $63.07 after opening 63.08 with the overall traded volume of 3.14 million shares. The company’s Market capitalization reached to $58.41 billion, $942.48 million outstanding shares. Its low price was $62.98 and the highest price was $63.30. The EPS is 0.35.

American International Group Inc (AIG) announced the appointment of Peter Zaffino as Executive Vice President, Global Chief Operating Officer effective August 1, 2017. Mr. Zaffino joins AIG after serving as Chief Executive Officer of Marsh LLC – a leading global insurance brokerage and risk management firm and subsidiary of Marsh & McLennan Companies, Inc. (MMC) – and as Chairman of the Risk and Insurance Services segment of MMC since 2015. He was also a member of MMC’s Executive Committee since 2008.

In his role at AIG, Mr. Zaffino will lead the day-to-day business of all country operations, including U.S. Commercial field operations and AIG’s Multinational organization, as well as Global Business Services, Administration and Communications. Working closely with the CEO and Executive Leadership Team, he will develop AIG’s long-term strategy and operating plan, and be responsible for executing the Commercial and Consumer strategies to achieve growth and profitability objectives.

Brian Duperreault, AIG’s President and Chief Executive Officer, said: “Peter is one of the most talented executives operating in the insurance industry. AIG’s field operations will benefit from Peter’s experience across all aspects of the business, most recently with one of the world’s largest brokers. Adding his deep insurance knowledge and expertise to the leadership team at AIG will accelerate our efforts to build and expand on this great franchise.”

 

 

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