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	<title>Stock Blog Hub &#187; iShares S&amp;P Asia 50 Index</title>
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		<title>(AIG) American International Group to Sell About 13% Stake in AIA</title>
		<link>http://www.stockbloghub.com/2012/03/06/aig-american-international-group-to-sell-about-13-stake-in-aia/94366</link>
		<comments>http://www.stockbloghub.com/2012/03/06/aig-american-international-group-to-sell-about-13-stake-in-aia/94366#comments</comments>
		<pubDate>Tue, 06 Mar 2012 22:00:44 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[AIA]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[American International Group Inc]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[iShares S&P Asia 50 Index]]></category>
		<category><![CDATA[MET]]></category>
		<category><![CDATA[MetLife Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=94366</guid>
		<description><![CDATA[In an attempt to repay the government bailout loan, American International Group Inc. (AIG) disclosed its plans earlier today to raise funds from the part-sale of its left over one-third stake in its Asian wing – AIA Group Limited (AIA). According to Reuters and Bloomberg, AIG is looking forward to selling nearly approximately 1.7 billion shares in AIA at about 7% discount to the latter’s closing price of HK$29.20 on Friday, at the Hong Kong stock exchange, to raise over $6 billion. While the shares will be priced no later than tomorrow, AIG’s share in AIA was worth $15 billion at last week’s closing price. Meanwhile, all the shares will be sold among the institutional investors through private placement, although they remain unnamed. AIG will still hold about 19% of ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AIG) American International Group Upped to Neutral</title>
		<link>http://www.stockbloghub.com/2012/01/14/aig-american-international-group-upped-to-neutral/89621</link>
		<comments>http://www.stockbloghub.com/2012/01/14/aig-american-international-group-upped-to-neutral/89621#comments</comments>
		<pubDate>Sat, 14 Jan 2012 18:33:02 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[AIA]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[American International Group Inc]]></category>
		<category><![CDATA[iShares S&P Asia 50 Index]]></category>
		<category><![CDATA[MET]]></category>
		<category><![CDATA[MetLife Inc.]]></category>
		<category><![CDATA[PRU]]></category>
		<category><![CDATA[Prudential Financial Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=89621</guid>
		<description><![CDATA[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 reported third quarter operating loss per share of $1.60, which came in way higher than the Zacks Consensus Estimate of a loss of $0.08 and $0.84 reported in the year-ago quarter. Consequently, operating loss of $3.0 billion increased drastically from $114 million in the year-ago quarter. Results reflected weak performance across all operating segments based on the challenging macro economic environment. Though AIG has been able to head off a collapse by getting government bailout, it continues to face significant threat to its business model, customer base ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(AIG) American International Group Loss Soars on Weak Dynamics</title>
		<link>http://www.stockbloghub.com/2011/11/06/aig-american-international-group-loss-soars-on-weak-dynamics/86539</link>
		<comments>http://www.stockbloghub.com/2011/11/06/aig-american-international-group-loss-soars-on-weak-dynamics/86539#comments</comments>
		<pubDate>Sun, 06 Nov 2011 20:46:41 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[AIA]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[American International Group Inc]]></category>
		<category><![CDATA[CAT]]></category>
		<category><![CDATA[Caterpillar Inc.]]></category>
		<category><![CDATA[iShares S&P Asia 50 Index]]></category>
		<category><![CDATA[MET]]></category>
		<category><![CDATA[MetLife Inc.]]></category>
		<category><![CDATA[PRU]]></category>
		<category><![CDATA[Prudential Financial Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=86539</guid>
		<description><![CDATA[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 drastically from $114 million in the year-ago quarter. On a GAAP basis, AIG reported a net loss of $4.1 billion or $2.16 per share as compared with $2.5 billion or $18.53 per share in the year-ago quarter. The reported quarter included net realized capital loss of $112 million against $33 million in the year-ago quarter, along with loss from divested operations of $1.0 million against gain of $4 million in the prior-year period. Additionally, net loss from discontinued operations was recorded at $221 million versus ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AIG) American International Group Dropped to Underperform</title>
		<link>http://www.stockbloghub.com/2011/08/15/aig-american-international-group-dropped-to-underperform/81269</link>
		<comments>http://www.stockbloghub.com/2011/08/15/aig-american-international-group-dropped-to-underperform/81269#comments</comments>
		<pubDate>Mon, 15 Aug 2011 13:59:37 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[AIA]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[American International Group Inc]]></category>
		<category><![CDATA[CAT]]></category>
		<category><![CDATA[Caterpillar Inc.]]></category>
		<category><![CDATA[iShares S&P Asia 50 Index]]></category>
		<category><![CDATA[MET]]></category>
		<category><![CDATA[MetLife Inc.]]></category>
		<category><![CDATA[PRU]]></category>
		<category><![CDATA[Prudential Financial Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=81269</guid>
		<description><![CDATA[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 and repaying a chunk of its debt, AIG is yet to attain capital flexibility. The inability to generate cash flow from operations and a dangling capital position has been severely weighing on the share prices that plummeted over 50% between January and July 2011. AIG’s operating cash flow has been declining to an outflow of $3.5 million from cash generation of $16.9 million in 2010 and $18.6 million in 2009. Additionally, AIG has limited sources of raising funds at this juncture, now that Treasury’s stock offering has also been locked ]]></description>
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		</item>
		<item>
		<title>(AIG) American International Group Posts Slightly Smaller Loss Then Forecasted</title>
		<link>http://www.stockbloghub.com/2011/02/28/aig-american-international-group-posts-slightly-smaller-loss-then-forecasted/67659</link>
		<comments>http://www.stockbloghub.com/2011/02/28/aig-american-international-group-posts-slightly-smaller-loss-then-forecasted/67659#comments</comments>
		<pubDate>Mon, 28 Feb 2011 16:29:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[AGF]]></category>
		<category><![CDATA[AIA]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[American International Group Inc]]></category>
		<category><![CDATA[FIG]]></category>
		<category><![CDATA[Fortress Investment Group LLC]]></category>
		<category><![CDATA[iShares S&P Asia 50 Index]]></category>
		<category><![CDATA[MET]]></category>
		<category><![CDATA[MetLife Inc.]]></category>
		<category><![CDATA[PowerShares DB Agriculture Long ETN]]></category>
		<category><![CDATA[PRU]]></category>
		<category><![CDATA[Prudential Financial Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=67659</guid>
		<description><![CDATA[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 a GAAP basis, AIG reported a net income of $11.18 billion or $16.60 per share as compared with a net loss of $8.87 billion or $65.51 per share in the year-ago quarter. The reported quarter included deferred income tax valuation allowance charge, FRBNY total amortization and net realized capital losses on SunAmerica DAC, marginally offset by gain from divested businesses and discontinued operations along with non-qualifying derivative hedging and net realized capital gains. Although results appeared sluggish due to AIG’s ongoing business ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AIG) AIG Plans to Sell Consumer Finance Unit, American General Finance</title>
		<link>http://www.stockbloghub.com/2010/05/30/aig-aig-plans-to-sell-consumer-finance-unit-american-general-finance/38909</link>
		<comments>http://www.stockbloghub.com/2010/05/30/aig-aig-plans-to-sell-consumer-finance-unit-american-general-finance/38909#comments</comments>
		<pubDate>Sun, 30 May 2010 17:09:05 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[AGF]]></category>
		<category><![CDATA[AIA]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[American International Group Inc]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[iShares S&P Asia 50 Index]]></category>
		<category><![CDATA[MET]]></category>
		<category><![CDATA[MetLife]]></category>
		<category><![CDATA[PowerShares DB Agriculture Long ETN]]></category>
		<category><![CDATA[Prudential plc]]></category>
		<category><![CDATA[PUK]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=38909</guid>
		<description><![CDATA[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, the amount AIG expects to raise from the AGF sale or the preference of any buyer remains undisclosed. AGF constitutes 1,200 branches with 1 million customers across the U.S. In 2009, this AIG unit recorded an operating loss of $800 million due to loan defaults in lower-income consumers segment that soared given the downturn in the funding market. Hence, AIG has been reportedly hunting for potential buyers and has appointed Bank of America Merrill Lynch, a wing of Bank of America Corp. (BAC) to organize and sell its non-core consumer finance ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PUK) Fitch Ratings Cautious on Prudential Plc</title>
		<link>http://www.stockbloghub.com/2010/03/04/puk-fitch-ratings-cautious-on-prudential-plc/29691</link>
		<comments>http://www.stockbloghub.com/2010/03/04/puk-fitch-ratings-cautious-on-prudential-plc/29691#comments</comments>
		<pubDate>Thu, 04 Mar 2010 16:42:01 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Life Insurance]]></category>
		<category><![CDATA[AIA]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[American International Group Inc]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[iShares S&P Asia 50 Index]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Prudential plc]]></category>
		<category><![CDATA[PUK]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=29691</guid>
		<description><![CDATA[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 of the deal, estimated at approximately $35 billion, is greater than the company’s market value, which is $23 billion at present. Prudential Plc, which anticipates completing the deal by third quarter of 2010, expects to pay $25 billion in cash, $8.5 billion in face value of equity and equity-linked securities and $2 billion in face value of its preferred stock. Prudential Plc is considering a rights offering to raise $20 billion to fund the AIA deal. Credit Suisse Group (CS), HSBC Holdings Plc (HBC) and JPMorgan Chase &#38; Co. (JPM) ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AIA) Let Asian Growth Propel Your Portfolio Higher</title>
		<link>http://www.stockbloghub.com/2010/01/05/aia-let-asian-growth-propel-your-portfolio-higher/24216</link>
		<comments>http://www.stockbloghub.com/2010/01/05/aia-let-asian-growth-propel-your-portfolio-higher/24216#comments</comments>
		<pubDate>Tue, 05 Jan 2010 22:20:23 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[AIA]]></category>
		<category><![CDATA[EWY]]></category>
		<category><![CDATA[FXI]]></category>
		<category><![CDATA[iShares FTSE-Xinhua China 25 Index]]></category>
		<category><![CDATA[iShares MSCI South Korea Index]]></category>
		<category><![CDATA[iShares S&P Asia 50 Index]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=24216</guid>
		<description><![CDATA[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 renewed interest in purchasing products. Meanwhile, the Western world isn’t looking nearly as enthusiastic, and consumer confidence levels in particularly the United States have dropped below the global average. While Asian nations such as the Philippines, Indonesia and India have perked up significantly, China in particular has benefited from a rebound in consumer consumption. Purchases of groceries, clothing and home entertainment have all headed higher amid optimism over the job market and as the number of middle class citizens rises. The latter point is noted by Chris ]]></description>
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