Kolkata, West Bengal -- (SBWIRE) -- 09/13/2013 -- Specialpennystockalert.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on American International Group Inc(NYSE:AIG), Corning Incorporated (NYSE:GLW), The Dow Chemical Company (NYSE:DOW).
American International Group Inc(NYSE:AIG) shares declined 0.94% to $49.28. The company will begin trading ex-dividend on September 10, 2013. A cash dividend payment of $0.1 per share is scheduled to be paid on September 26, 2013. Shareholders who purchased AIG stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -54.55% decrease from the prior year.
Additionally, the company has decided against signing new reinsurance contracts with Berkshire Hathaway Inc. (BRK/A) after Warren Buffett’s company started a commercial insurer competing against AIG, according to a person with knowledge of the decision. AIG stopped entering into the deals with Berkshire units including National Indemnity Co. and General Re about two months ago, said the person, who asked not to be identified because negotiations are private. Existing contracts aren’t affected, the person said on Sept. 11.
Should Investors Buy AIG After Yesterday’s Jump? Find Out Here
Corning Incorporated (NYSE:GLW) shares decreased 2.69% to $14.49. The company on Sept. 11 announced at the Intel Developer Forum (IDF) in San Francisco, that its optical cables have been Thunderbolt certified by Intel Corporation. Thunderbolt™ Optical Cables by Corning are the first all-optical fiber cables for the Thunderbolt community. Compatible with both Intel's Thunderbolt and Thunderbolt 2 computer and peripheral connectivity protocols, Thunderbolt Optical Cables by Corning have successfully undergone a rigorous certification process that ensures they provide users with an optimal experience.
How Should Investors Trade GLW After The Recent Volatility? Get Free Trend Analysis Here
The Dow Chemical Company (NYSE:DOW) shares dropped 2.48% and closed at $38.86 in the last trading session. On Sept. 12, the Dow Jones Sustainability World Index announced its rating of The Dow Chemical Company (NYSE: DOW) as one of the top performers in the global chemical industry - marking the 13thtime Dow has received this recognition since the launch of the index.
Additionally, the company on Sept. 12 has declared a dividend of 32 cents per share, payable Oct. 30, 2013, to shareholders of record on Sept. 30, 2013. This marks the 408th consecutive cash dividend issued by the Company. Dow has paid its shareholders cash dividends every quarter since 1912.
Is DOW A Good Buy After The Recent Price Movement? Find Out Here
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