MarketBeat (Free subscription) | yesterday
Shares of American International Group Inc. are stumbling, losing 13% after the company released earnings that disappointed investors and left open the possibility of further problems in coming quarters. AIG shares have not been a happy place. The insurance giant, a member of the Dow Jones Industrial Average, lost $5.36 billion on more mortgage-related write-downs. This [...]
MarketBeat (Free subscription) | 3 hours ago
It would be tempting to blame this crack-up on American International Group Inc. on its own, and really, they get the lion’s share. Insurance giant AIG dropped 18% for its worst day sInc. May 29, 1981 (just before the premiere of the first Indiana Jones film), but its $5.93 per-share drop accounts for just 48 [...]
Free Internet Press (Free subscription) | 3 hours ago
American International Group Inc. posted its third straight quarterly loss, a rude awakening to investors hoping that troubles in the insurer's mortgage market investments were starting to level off. Shares of AIG fell nearly 8 percent in after-hours trading. The world's largest insurer suffered a deficit of $5.36 billion in the second quarter after losing $5.56 billion, or $3.62 billion after taxes,...
MarketBeat (Free subscription) | 5 hours ago
The staggering losses suffered Thursday by shares of American International Group Inc. put it on a course for its worst one-day decline sInc. May of 1981. Yes, that’s right — this day has been worse than the October 1987 crash for the insurance giant. The company’s earnings miss ranks as the third-worst of the quarter [...]
www.OSIR.org.in (Free subscription) | yesterday
Resize Insurer AIG posts large loss on bad mortgage bets NEW YORK (Reuters) - American International Group Inc.(AIG.N) posted its third consecutive quarterly net loss of more than $5 billion on Wednesday as it wrote down bad mortgage-related Source: www.washingtonpost.com Environment Manager (build And Release Manager / Team Leader) - Retail BulletinJob DescriptionThis [...]
Commercial Insurance Knowledge (Free subscription) | yesterday
American International Group Inc. said Wednesday that it lost more than $5 billion in the second quarter, as struggling credit markets stripped several billions of dollars in value from its credit default swaps … Bookmark To:
SignalBlog (Free subscription) | yesterday
American International Group Inc. said Wednesday that it lost more than $5 billion in the second quarter, as struggling credit markets stripped several billions of dollars in value from its credit default swaps portfolio and other investments. The world’s largest insurer lost $5.36 billion in the April-to-June period, or $2.06 per share. In the same period [...]
DeepMarket Stock Market Blog (Free subscription) | 08/03/2008
Image via WikipediaInverted Head and Shoulders chart found for the following stocks: WH Energy Services Inc. (WHQ) over a 7 day period with about a 92% match. The Pepsi Bottling Group Inc. (PBG) over a 30 day period with about a 91% match. Flextronics International Ltd. (FLEX) over a 12 day period with about a 87% match. Ltd. Brands [...]
News On Women (Free subscription) | 07/17/2008
American International Group Inc. (AIG), headquartered in New York, appointed Suzanne Nora Johnson to its Board of Directors. Suzanne is a former Vice Chairman of The Goldman Sachs Group. Read more about it in the Business Wire press release.
www.OSIR.org.in (Free subscription) | 07/17/2008
The Board of Directors of American International Group, Inc. (AIG) today elected Suzanne Nora Johnson a Director. Ms. Nora Johnson, 51, retired as Vice Chairman of The Goldman Sachs Group, Inc. in 2007. Ms. Nora Johnson had been at the firm for more Source: www.forbes.com
PR News Wire (Free subscription) | 07/18/2008
CHICAGO, July 18 /PRNewswire/ -- Seven Summits Research issues PriceWatch Alerts for key stocks. Seven Summits Strategic Investments' PriceWatch Alerts are available at (Note: You may have to copy this link into your browser then press the [ENTER] key.) Today's PriceWatch Alerts cover the following stocks: CitiGroup Inc. (NYSE: ), Potash Corp. of Saskatchewan, Inc. (NYSE: ), American International...
Home Personal Finance (Free subscription) | 07/10/2008
Reuters - Shares of American International Group Inc., the world's largest insurer, fell sharply on Thursday on concerns that a rating cut at its mortgage insurance unit could signal more losses in the pipeline.
Financial Services (Free subscription) | 07/08/2008
Telegraph.co.uk Opening Glance: InsurersForbes, NY - 1 hour agoAmerican International Group Inc. (nyse: AIG - news - people ) was flat at $25.94. Hartford Financial Services Group Inc. climbed 71 cents to $64.33.Stocks Drop After Bernanke Comments BusinessWeekBernanke seeks new powers for Fed MarketWatchUS STOCKS-Market set to open flat after Bernanke comments guardian.co.ukBoston Globe - Reuters South...
Gearlog (Free subscription) | 07/02/2008 | Technology
If you have an Audiovox or UTStarcom phone, it may be a limited edition. The mobile phone company, which spun off and changed its name in 2006, is about to do it again. UTStarcom plays a strange and interesting role in the mobile phone industry. They make a whole bunch of low-end phones for Verizon and Sprint that typically get awful reviews, but sell well because they're cheap. They also import high-end,...
PR News Wire (Free subscription) | 07/07/2008
CHICAGO, July 7 /PRNewswire/ -- Seven Summits Research issues PriceWatch Alerts for key stocks. Seven Summits Strategic Investments' PriceWatch Alerts are available at (Note: You may have to copy this link into your browser then press the [ENTER] key.) Today's PriceWatch Alerts cover the following stocks: Apple Inc. (Nasdaq: ), American International Group, Inc. (NYSE: ), Honeywell International...
