All Posts Tagged With: "FIG"

(ACAS) American Capital Reports Quarterly Earnings In Line

American Capital Ltd.’s (ACAS) second-quarter 2011 operating income of 20 cents per share was in line with the Zacks Consensus Estimate. However, results outpaced the prior-year quarter’s earnings of 9 cents per share. The favorable...

3Aug2011 | | 0 comments | Continued

(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 sanction came with certain...

16Jun2011 | | 0 comments | Continued

(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 sanction came with certain...

11Jun2011 | | 0 comments | Continued

(ACAS) American Capital Quarterly Report Runs Ahead Estimates

American Capital Ltd.’s (ACAS) first-quarter 2011 operating income of 23 cents per share surpassed the Zacks Consensus Estimate by 5 cents. The results were also ahead of the prior-year quarter’s earnings of 17 cents per share....

5May2011 | | 0 comments | Continued

(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 Rail Services Inc....

25Apr2011 | | 0 comments | Continued

(C) Company News for March 22, 2011 – Corporate Summary

• On Sunday AT&T (NYSE:T) announced its plans to buy T-Mobile USA from Deutsche Telekom AG in a cash-and-stock deal worth $39 billion. However, the deal could face regulatory issues since it would reduce the number of wireless carriers with national...

22Mar2011 | | 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...

28Feb2011 | | 0 comments | Continued

(ACAS) American Capital Earnings Report Runs Ahead of Estimates

American Capital Ltd.’s (ACAS) fourth-quarter 2010 operating income of 19 cents per share surpassed the Zacks Consensus Estimate by 2 cents. The results were also ahead of the prior-year quarter’s earnings of 7 cents per share....

18Feb2011 | | 0 comments | Continued

($AIG) AIG Announces Sale of Japan-based Star & Edison Units

After the successful completion on the recapitalization front last month, yesterday American International Group Inc. (AIG) announced the sale of its Japan-based AIG Star Life Insurance Co. (Star) and AIG Edison Life Insurance Co....

3Feb2011 | | 0 comments | Continued

(AIG) American International Group Settles $146 Million Lawsuit

Recently, American International Group Inc. (AIG) negotiated with the insurance regulators and settled a multi-state workers compensation probe for $146.5 million. This comprises about $100 million in fines and other penalties to resolve...

29Dec2010 | | 0 comments | Continued

(AIG) American International Group to Sell Rail Unit – Fitch Rates Debt

Going ahead with its asset disposal strategy to repay the U.S. government bailout loan, yesterday, American International Group Inc. (AIG) announced its intention to vend its rail-car leasing wing, AIG Rail Service Inc, according to...

22Dec2010 | | 0 comments | Continued

(AIG) American International Group Moves to Loss on High Charges

American International Group Inc. (AIG) reported third quarter operating loss of $200 million or $1.47 per share, dramatically behind the Zacks Consensus Estimate of $1.35 per share and operating income of $1.62 billion or $2.42 per...

15Nov2010 | | 0 comments | Continued

(ACAS) American Capital’s Earnings for Second Quarter 2010 Fall Short

American Capital Ltd’s (ACAS) second quarter operating income of 9 cents per share had fallen short of the Zacks Consensus Estimate by 5 cents. The results were negatively affected due to a rise in debt refinancing costs. Last year,...

6Aug2010 | | 0 comments | Continued

(FIG) GMAC to Sell European Mortgage Business to Affiliates of Fortress Investment Group

In an effort to reduce its exposure to legacy mortgage business, GMAC Financial Services of GMAC Inc. (GJM) yesterday announced a deal to sell its European mortgage business. The company said that its mortgage subsidiary, Residential...

13Apr2010 | | 0 comments | Continued

($BAC) Bank of America to Issue Commercial Mortgage Backed Securities

The Bank of America (BAC) is planning to sell $460 million of commercial mortgage backed securities (CMBS). The issue with a term of seven years will be collateralized by office buildings and industrial facilities in Florida. Fortress...

1Dec2009 | | 0 comments | Continued