All Posts Tagged With: "AIG"
(XLF) Stock Market News for June 17, 2011 – Market News
Except the Nasdaq, all the benchmarks closed higher on Thursday as investor sentiment was somewhat lifted by economic reports. However, concerns about Greece’s debt situation kept gains in check. The gains made during a volatile trading session were also attributable to...
(AIG) American International Group’s Nan Shan Deal Back on Track
American International Group Inc.’s (AIG) $2.16 billion sale of its local unit, Nan Shan Life Insurance Co., has finally been sanctioned by Taiwan’s Financial Supervisory Commission (FSC). However, the...
(AIG) American International Group Nan Shan Deal Back on Track
American International Group Inc.’s (AIG) $2.16 billion sale of its local unit, Nan Shan Life Insurance Co., has finally been sanctioned by Taiwan’s Financial Supervisory Commission (FSC). However, the...
(XLE) Stock Market News for June 10, 2011 – Market News
Finally, investors enjoyed some cheer as the markets broke their six-day losing streak buoyed by positive data on export levels and a shrinking trade deficit. While this report provided optimism about a recovery in the economy, job data once again failed to suggest any improvement....
(XLE) Stock Market News for June 6, 2011 – Market News
After four consecutive weeks of losses, investor hopes were dashed once again this week as weak economic data dragged the indices down to their fifth straight week of losses. On Friday, weak jobs data from the Labor department ensured that indices remained in the red, reflecting...
(ADP) Stock Market News for June 3, 2011 – Market News
A volatile day of trading came to a close with benchmarks ending in the red and as it stands there are now clear signs of markets heading into a fifth consecutive week of losses. Investors refrained from betting big ahead of the crucial jobs report from the Labor Department,...
(AIG) U.S. Treasury Makes Some Gains on AIG Stock Offering
Yesterday, American International Group Inc. (AIG) announced that it has priced its first secondary stock offering of 300 million shares since 2008, initiated with the US Treasury about a fortnight ago, at...
(A) Company News for May 16, 2011 – Corporate Summary
• Agilent Technologies’ (NYSE:A) Q2 EPS of $0.74, ex-items, topped the Zacks Consensus Estimates of $0.65 per share
• Nvidia’s (NASDAQ:NVDA)...
(AIG) AIG and U.S. Treasury Announce $300 Million Stock Offering
Yesterday, American International Group Inc. (AIG) and the US Treasury announced their decision to go ahead with the public offering of AIG’s common shares. While 100 million shares will be sold by AIG,...
(AIG) Company News for May 12, 2011 – Corporate Summary
• Shares of Ener1, Inc. (NASDAQ:HEV) plunged by 27.35%, after the company reported a large first-quarter net loss this week. Ener1 Inc. was also downgraded by Wunderlich Securities from “Hold” to “Sell”...
(AIG) Company News for May 9, 2011 – Corporate Summary
• American International Group Inc. (NYSE: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...
(MET) MetLife Progresses with ALICO Results Included
MetLife Inc. (MET) reported first quarter operating earnings per share of $1.33, exceeding the Zacks Consensus Estimate of $1.26 per share and $1.04 per share in the year-ago quarter. Operating earnings increased...
(PRU) Prudential Financial Quarterly Estimates Top Analysts Expectations
Prudential Financial Inc.’s (PRU) first quarter 2011 earnings of $1.69 per share topped the Zacks Consensus Estimate of $1.48 as well as the prior-year quarter’s earnings of $1.45 per...
(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...
(RAA) Insurance Industry Stock Update – May 2011 – Industry Outlook
After enduring stress with respect to pricing pressure and reduced insured exposure through mid-2009, the overall health of the U.S. insurance industry has improved to some extent in recent quarters. Though the market turmoil forced many companies to take immense write-downs,...
(FSR) Fitch Increases American International Group Life
On Monday, Fitch Ratings agency raised the insurer financial strength ratings (FSR) of American International Group Inc.’s (AIG) life insurance unit, SunAmerica Financial Group,...
(AIG) U.S. Treasury Troubled Asset Relief Program Reports $60 Billion Available
According to a top Troubled Asset Relief Program (TARP) watchdog, the Treasury still has the capacity to spend $60 billion of taxpayers’ money for TARP to support housing and other programs, MarketWatch reported today. The program was initiated two years ago to rescue the...
(AIG) American International Group to Sell Rail Unit
Going ahead with its asset disposal strategy to repay the U.S. government bailout loan, yesterday American International Group Inc. (AIG) announced its decision to sell the company’s rail car leasing unit,...
(AIG) Stock Market News for April 15, 2011 – Market News
On the second day featuring a choppy session, markets posted marginal gains as investors chose to overlook disappointing jobless data in favor of upcoming earnings announcements. Markets lacked definite direction at the beginning of the earnings season and late-day activity...
(AIG) American International Group Buys Assets in Fed Auction
American International Group, Inc. (AIG) has bought assets in the New York Federal Reserve’s auction of mortgage backed securities, which was acquired by Fed from the AIG during the height of the financial...
(AIG) American International Group International Lease Finance Swaps Notes
American International Group Inc.’s (AIG) jet leasing unit International Lease Finance Corporation (“ILFC”) has planned to swap new debt for old notes.
AIG’s subsidiary ILFC has stated that...
(AIG) American International Group’s International Lease Finance Refinances Debt
In order to refinance debt, American International Group Inc. (AIG)’s jet leasing unit International Lease Finance Corporation (ILFC) has secured a $1.3 billion term loan with a group of 15 banks from Europe,...
(AIG) American International Group Denied RMBS Purchase by Federal Reserve Bank of New York
Finally, the Federal Reserve Bank of New York (FRBNY) turned down American International Group Inc.’s (AIG) offer to repurchase its $15.7 billion residential mortgage-backed securities (RMBS) on Maiden II....
(MET) MetLife Seals Taiwan Deal
The Wall Street Journal has reported that MetLife Inc. (MET) has finally been able to vend its Taiwan life insurance unit to Chinatrust Financial...
(PRU) Prudential Financial Analyst Reiterates Shares at Neutral
We are reiterating our Neutral recommendation on the shares of Prudential Financial Inc.(PRU).
Prudential has one of the best collections of businesses in the U.S. life insurance sector, with strong...
(MET) MetLife Allows American International Group to Raise $10 Billion
Executing the terms of the American Life Insurance Co. (ALICO) deal sooner-than-expected, on Tuesday MetLife Inc. (MET) gave its consent to American International Group Inc. (
28Mar2011 | vitalstocks | 0 comments | Continued(C) Citigroup Announces Plans for Dividend and Reverse Stock Split
On Monday, Citigroup Inc. (C) announced a reverse stock split plan of its common stock and its intention of reinstating dividend payment to shareholders.
According to the nature of the reverse stock split,...
(AIG) Troubled Asset Relief Program – Will Banks Get Addicted?
Considering the effectiveness in easing credit and capital market pressure and restoring confidence in the financial system as well as a near 99% recovery of the injected money at a lower-than-expected cost, there is no doubt that the Troubled Asset Relief Program (TARP) is...
(AIG) American International Group Analyst Upgrades Shares to Outperform
Yesterday, we upgraded our recommendation on American International Group Inc. (AIG) to Outperform from Underperform based on increased optimism about gaining capital flexibility. Despite the financial upheaval...
(AIG) American International Group – Bull of the Day
We are upgrading our recommendation on the shares of American Int’l Group (AIG) to Outperform based on increased optimism about gaining capital flexibility. While asset disposals and repayment of a chunk...