American International Group (AIG) Moving In A Congestion Zone
By Mark Moneymaster
November 25, 2009 12:02 PM
November 25, 2009 12:02 PM
American International Group Inc. (NYSE: AIG) has been authorised to pay its CEO Robert Benmosche's $7 million in compensation, after it laid to rest concerns that he might quit his post. This breaks down into a cash and stock deal in fully-vested Amercian International Group Inc. (AIG) stock, which he can't sell for five years.
American International Group Inc. (AIG) stock has been hovering between $34-$39 level, and at $34.75, with symmetrical triangle between its moving average and daily charts, is yet to give clear signals of moving up.
(c) 2011 Benzinga.com. All rights reserved. This material may not be published in its entirety or redistributed without the approval of Benzinga.
We're Loving
