On Monday, Shares of Marathon Oil Corporation (NYSE:MRO), added 0.61% and closed at $14.93 in the last trading session. The last trading range of the stock ranges between $14.45 and $15.00. The company’s Market capitalization is $12.44 Billion with the total Outstanding Shares of 847.21 million. During the 52-week trading session the minimum price at which share price traded, registered at $6.52 and reached to max level of $18.72. The EPS of company is strolling at -2.16. Marathon Oil Corporation operates as an energy company. It operates through three segments: North America E&P, International E&P, and Oil Sands Mining. The North America E&P segment develops, explores for, produces, and markets crude oil and condensate, natural gas liquids, and natural gas in North America. The International Exploration and Production segment explores for, produces, and markets crude oil and condensate, natural gas liquids, and natural gas in Equatorial Guinea, Gabon, the Kurdistan Region of Iraq, Libya, and the United Kingdom; and produces and markets products manufactured from natural gas, such as liquefied natural gas and methanol in Equatorial Guinea. The Oil Sands Mining segment mines, extracts, and transports bitumen from oil sands deposits in Alberta and Canada; and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil. As of December 31, 2015, it had rights to take part in developed and undeveloped leases totaling about 32,000 net acres.
Shares of American International Group Inc (NYSE:AIG), jumped 1.78% and closed at $64.45 in the last trading session. The last trading range of the stock ranges between $63.55 and $64.72. The company’s Market capitalization is $66.31 Billion with the total Outstanding Shares of 1.04 billion. During the 52-week trading session the minimum price at which share price traded, registered at $48.41 and reached to max level of $64.72. The EPS of company is strolling at 0.53. American International Group, Inc. (AIG) recently declared that it has agreed to sell its Japan life insurance business AIG Fuji Life Insurance Company, Ltd. (AFLI) to FWD Group, the insurance arm of Pacific Century Group. The transaction is subject to regulatory approvals. Terms of the deal were not revealed.
This transaction does not affect AIG’s extensive non-life insurance business in Japan, the leading of any foreign-based insurer in the country.
AIG will continue to focus on Japan’s property and casualty (P&C) market through its local auxiliaries Fuji Fire & Marine, Ltd., AIU Insurance Company, Ltd., and American Home Assurance Company, Ltd. These companies provide commercial insurance and services, in addition to personal insurance coverage lines, counting accident & health, auto, homeowners, and travel insurance. Japan, where AIG has operated since 1946, is the third leading commercial market and the leading personal insurance market globally for AIG, based on net premiums written by country.