On Monday, American International Group, Inc. (NYSE:AIG)’s shares surged 1.54% to $57.46, after American International declared that the Federal Aviation Administration (FAA) has approved AIG’s request to operate small unmanned aerial vehicles (UAVs) to conduct inspections for risk assessment, risk administration, loss control, and surety performance for customers in the U.S. The exemption also permits AIG to implement a robust research and development program to explore new and innovative ways to employ UAVs in support of the needs of its customers.
UAVs can assist accelerate surveys of disaster areas with high resolution images for faster claims handling, risk assessment, and payments. They can also quickly and safely reach areas that could be dangerous or inaccessible for manual inspection, and they provide richer information about properties, structures, and claim events.
AIG has already established an international UAV research and development program and conducted flights in New Zealand. These flights have offered valuable insights on technology, flight operations, and image collection techniques that will be incorporated into AIG’s global UAV strategy. AIG’s global presence puts the company in a unique position to build our expertise recently and to operate UAVs safely and effectively in the U.S. and around the globe.
American International Group, Inc. provides insurance products and services for commercial, institutional, and individual customers in the United States, the Asia Pacific, and internationally.
RPM International Inc. (NYSE:RPM)’s shares gained 1.52% to $48.13, during the last trading session on Monday, after RPM International declared that its RPM2 Group has attained Morrells Woodfinishes Ltd., the United Kingdom’s largest manufacturer of high-performance wood finishes.
Based outside of Manchester, Morrells has annual net sales of about $33 million and nearly 150 employees. The company will remain a stand-alone operation within RPM2’s Wood Finishes Group. Terms of the transaction, which is predictable to be accretive to earnings within one year, were not revealed.
RPM International Inc. manufactures, markets, and sells specialty chemical products for industrial and consumer markets in the United States and internationally. The company’s Industrial segment offers waterproofing, coatings, and institutional roofing systems; sealants, air barriers, tapes, and foams; residential home weatherization systems; roofing and building maintenance and related services; polymer flooring systems; commercial and decorative flooring; and industrial and commercial tile systems, in addition to provides various solutions.
At the end of Monday’s trade, Breitburn Energy Partners LP (NASDAQ:BBEP)’s shares gained 1.43% to $5.68, as an independent oil and gas partnership, declared that its administration will present at the 2015 IPAA OGIS New York Conference at 11:40 am (ET) on Monday, April 20th at the Sheraton New York Times Square Hotel.
Breitburn Energy Partners LP, an independent oil and gas partnership, attains, exploits, and develops oil, natural gas liquids (NGLs), and natural gas properties in the United States. The company’s oil, NGL, and natural gas reserves are primarily located in seven producing areas comprising the Arkansas, Louisiana, and East Texas; Michigan, Indiana, and Kentucky; Permian Basin in Texas and New Mexico; the Mid-Continent covering Oklahoma, Kansas, and the Texas Panhandle; Rockies in Wyoming; Florida and Alabama; and California.
Finally, American Eagle Outfitters, Inc. (NYSE:AEO), ended its Monday’s trading session with 1.42% gain, and closed at $17.90, as on March 26, an intimate apparel line Aerie launches recently a limited-edition collaborative bra collection for girls 11-15 called Aerie for Yellowberry. Yellowberry is a start-up intimates brand created by 19-year-old entrepreneur Megan Grassell for preteen girls. Founded in 2013 from a Kickstarter campaign, it is on a powerful mission to empower young girls with colorful, fun and unique bras for their youthful stages in life.
Aerie for Yellowberry offers the brand’s signature confidence-inspiring styles such as Lil’ Sis, Fresh Picked and Freebird and is accessible exclusively on www.aerie.com ranging in price from $29.95 to $34.95.
Aerie is bras, undies, swim and more for every girl. Designed in sizes 30A to 40DD, Aerie is committed to making bras for girls of all sizes feel good about themselves, inside and out. No supermodels. No retouching.
American Eagle Outfitters, Inc. (AEO) is a leading global specialty retailer offering high-quality, on-trend clothing, accessories and personal care products at affordable prices under its American Eagle Outfitters® and Aerie® brands.
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