Kolkata, West Bengal -- (SBWIRE) -- 09/18/2013 -- 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 Synovus Financial Corp. (NYSE:SNV), American International Group Inc(NYSE:AIG), Office Depot Inc (NYSE:ODP).
Synovus Financial Corp. (NYSE:SNV) shares gained 3.12% and closed at $3.30. The company will begin trading ex-dividend on September 17, 2013. A cash dividend payment of $0.01 per share is scheduled to be paid on October 01, 2013. Shareholders who purchased SNV stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 17th quarter that SNV has paid the same dividend. At the current stock price of $3.27, the dividend yield is 1.22%
Additionally, the company’s Chairman and CEO, Kessel D. Stelling, was scheduled to present at Barclays Global Financial Services Conference in New York on September 9, 2013 at 3:30 p.m. ET. Shareholders and other interested persons may listen to this presentation via simultaneous Internet broadcast by going to www.synovus.com/webcasts.
Should Investors Buy SNV After Yesterday’s Jump? Find Out Here
American International Group Inc(NYSE:AIG) shares gained 1.55% to $50.46. 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.
How Should Investors Trade AIG After The Recent Volatility? Get Free Trend Analysis Here
Office Depot Inc (NYSE:ODP) shares increased 1.65% to $4.31. The Office Depot Foundation - the independent, nonprofit philanthropic arm of Office Depot, Inc. (NYSE: ODP), a leading global provider of school supplies and services on Sept. 16 invites middle schools across the United States to participate in the Foundation's new "Be The Difference. Speak Up Against Bullying!" Program.
Additionally, the company on August 29 announced the results of its previously announced cash offer to purchase any and all of its $250,000,000 in aggregate principal amount of outstanding 9.75% Senior Secured Notes due 2019 (CUSIP 676220AG1 and U67518AC1) (the "notes") pursuant to its offer to purchase dated July 30, 2013 (the "Offer to Purchase"). As of the expiration time of the offer (11:59 p.m., Eastern time, August 28, 2013), the Company did not receive any valid tenders from holders of the notes.
Is ODP A Good Buy After The Recent Price Movement? Find Out Here
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