All Posts Tagged With: "AIA"
(AIG) American International Group Upped to Neutral
Last week, we upgraded our recommendation on American International Group Inc. (AIG) to Neutral from Underperform based on its improving capital flexibility. Besides, asset disposals and repayment of a chunk of debt appears to be favorable for the new stock buyback program. AIG...
14Jan2012 | vitalstocks | 0 comments | Continued(AIG) American International Group Loss Soars on Weak Dynamics
American International Group Inc. (AIG) reported third quarter operating loss per share of $1.60, which came in way higher than the Zacks Consensus Estimate of a loss of 8 cents and 84 cents reported in the year-ago quarter. Consequently, operating loss of $3.0 billion increased...
6Nov2011 | vitalstocks | 0 comments | Continued(AIG) American International Group Dropped to Underperform
We downgraded our recommendation on American International Group Inc. (AIG) to Underperform from Neutral based on the critical sustainability factor given the weak global cues, sluggish insurance dynamics and consistent cash outflow. Despite raising funds in the past few quarters...
15Aug2011 | vitalstocks | 0 comments | Continued(AIG) American International Group Suffers From Catastrophe Losses
American International Group Inc. (AIG) reported first quarter operating income of $2.03 billion or $1.30 per share, well ahead of the Zacks Consensus Estimate of a loss of 15 cents per share and earnings of $637 million or 95 cents per share in the year-ago quarter. On a GAAP...
6May2011 | vitalstocks | 0 comments | Continued(AIG) American International Group Posts Slightly Smaller Loss Then Forecasted
American International Group Inc. (AIG) reported fourth quarter operating loss of $2.21 billion or $16.20 per share, slightly below the Zacks Consensus Estimate of a loss of $16.98 per share but higher than the net loss of $1.34 billion or $9.88 per share in the year-ago quarter. On...
28Feb2011 | vitalstocks | 0 comments | Continued(AIG) American International Group Faces Lawsuit
Along with the burden of repaying the bailout money, American International Group Inc. (AIG) agreed on Friday to pay $725 million to three Ohio public pension funds for the settlement of a class action lawsuit, filed with Securities and Exchange Commission in October 2004 over...
19Jul2010 | vitalstocks | 0 comments | Continued(AIG) AIG Plans to Sell Consumer Finance Unit, American General Finance
In order to attain funds for repaying the government’s bailout amount, on Wednesday, American International Group Inc. (AIG) reportedly publicized its intentions to vend off its consumer finance unit, American General Finance (AGF), according to the Financial Times. However,...
30May2010 | vitalstocks | 0 comments | Continued(PUK) Fitch Ratings Cautious on Prudential Plc
Following the announcement by Prudential Plc (PUK) to purchase Asian life-insurance unit American International Assurance (AIA) from American International Group Inc. (AIG), Fitch Ratings has become cautious with regard to execution risks that the deal may bring along. The value...
4Mar2010 | vitalstocks | 0 comments | Continued(AIA) Let Asian Growth Propel Your Portfolio Higher
by Tony Daltorio, Investment U Research Tuesday, January 5, 2009 I’ve got good news and bad news… The good news: Consumer confidence is rising sharply. The bad news: Those consumers live in Asia. According to the Nielsen research group, developing countries are seeing...
5Jan2010 | InvestmentU | 0 comments | Continued($AIG) American International Group Asia IPO to Raise $20 Billion
American International Group Inc. (AIG) has moved to advanced levels to list its Asian life insurance unit American International Assurance (AIA) in Hong Kong in an initial public offering (IPO) that could raise money up to $20 billion. Moving a step further today, the company...
17Dec2009 | vitalstocks | 0 comments | Continued