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Market Winners & Losers: AIG, CIT
The markets closed out the week mixed, with the Dow losing 0.5%, the S&P 500 losing 0.4% and the Nasdaq gaining 0.2% on Friday.
AIG, Merck, YRC Worldwide are big movers
Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market: NYSE: American International Group Inc., down $3.62 at $9.48 An analyst said the insurer's equity may be zero due to risk of continued losses from credit default swaps and assets sold cheaply.
Goldman Sachs Reverts to Pre-Lehman Risk Mean With Accelerating Earnings
Goldman Sachs Group Inc. is poised to report the largest profit since it set earnings records in 2007, marking the return of a business model that was the envy of Wall Street before the financial crisis devastated competitors and spurred a government bailout.
Attack on Fed Grows In Congress; FBI: Mortgage Fraud UP! AIG Bonuses - Redux
A proposal from a long-time congressional foe of the Federal Reserve that could give lawmakers sway over monetary policy has won the support of a majority in the House of Representatives, alarming officials at the U.S. central bank.
Thursday Options Update: AIG, ABC, RGS, & CSCO
American International Group, Inc. Investor uncertainty over the fate of the insurance company surged this morning following extremely bearish reports from analysts at Citigroup.
AIG set to pay more bonuses: report
Struggling insurance giant AIG is readying to dole out millions in bonuses to its executives.
AIG Probably Has `Zero' Value For Private Holders, Citigroup Analyst Says
American International Group Inc. , the insurer bailed out four times by the government, fell the most in nine months after Citigroup Inc.
AIG may have zero equity value: Citigroup
American International Group Inc , the insurer rescued by a series of federal bailouts, may have zero equity value due to the risk of more credit default swap losses and the disposal of key assets at low valuations, Citigroup said.
AIG in talks to sell big Alico unit to MetLife: report
American International Group Inc has resumed talks to sell its American Life Insurance Co unit to MetLife Inc in a transaction that could help the stricken insurer raise more than $15 billion, the Financial Times said.
Report: AIG in talks for unit sale to MetLife
American International Group Inc. is discussing a deal for all or part of its foreign unit, American Life Insurance Co., with MetLife Inc., according to a published report Wednesday that cited people familiar with the matter.
Goldman Sachs pumps $3 bn into global equity fund
Goldman Sachs Group Inc. lined up $3 billion in new capital to bolster its Global Equity Opportunities Fund after it lost $1.4 billion, or 28 per cent, in the past two weeks.
Closing Bell: Investors gear down earnings expectations
Filed under: Amer Intl Group , Marvell Technology Group This was an interesting day in the markets.
AIG Falls, Extending Decline After `Kiss of Death' 1-for-20 Reverse Split
American International Group Inc. led decliners on the Standard & Poora s 500 Index, extending its plunge since government trustees approved a 1-for-20 reverse stock split last week.
Market Winners & Losers: Constellation Brands, AIG
The first day of Wall Streeta TMs third quarter brought gains to the major indices as the week looks to a holiday-shortened end.
Feds taking GM, bigger bite of economy
Capping a series of bold government actions to rescue failing corporate giants, the White House has won approval of its restructuring plan for General Motors Corp., putting the government on track to take ownership of the storied automaker by the end of the week.
A.I.G. Lawyer Says Greenberg Lied to Rewrite History
Maurice R. Greenberg , the former chief executive of the American International Group , fabricated documents and lied under oath in a bid to rewrite history and cloud who is the rightful beneficiary of a large and valuable block of A.I.G. stock, a lawyer for A.I.G., Ted Wells, told a federal jury on Monday.
Aon: Airline insurers suffer terrible June
Axa SA, Allianz SE and American International Group Inc. lead a group of airline insurers poised to record the most monthly losses since September of 2001 and may raise prices to bolster reserves, Aon Corp.
SchaeffersResearch.com Daily Market Blog
American International Group, Inc. (AIG) CEO Comments Captivate Call Traders
Option traders have centered on American International Group, Inc. today, in the wake of comments made at the company's annual meeting.
Obama plan could trim back financial powerhouses
In this April 17, 2009 file photo, a sign at the Citigroup Center is seen in New York.
Insurers like Allstate post record 3Q losses
U.S. property and casualty insurers, a group including American International Group Inc.