What's On: AIG, Big Oil and Summer Movie Season
Here's what's up on Wednesday's Squawk on the Street:
--AIG was once too big to fail. Now the turn-around is almost complete is it prices an additional 300 million shares at the NYSE. We'll watch the stock open tick by tick on what is an historic day for the posterchild of the bail-out.
--It is analyst day for ExxonMobil. The big five oil companies including BP, Chevron, Shell and ConocoPhillips have been under a lot of heat for getting subsidies from the government. We're also watching the drillers on one analysts' call they're about to pop. On the list: Halliburton, Baker Hughes and Schlumberger.
--Going to the movies? Memorial Day is around the corner and with cinematic masterpieces like Hangover 2 and Pirates of the Caribbean showing this weekend who will be the bigger winner? We're talking about the movie theater stocks like IMAX, RegalEntertainment and Cinemark.
--Then General Motors is announcing it will add another 2,400 jobs. Will it be the auto industry that gets the middle class back to work?
--And the SEC will issue final rules on the government’s whistleblower bounty program during our show. Right now, whistleblowers are awarded up to 30 percent of the penalties. Do you think whistleblower bounties are a good way to keep corporate America from doing wrong? Share your opinion in today's Street Poll.
Squawk on the Street comes to you live from the New York Stock Exchange each weekday morning at 9 a.m. ET.