AIG
that's it.. putting a tight stop on my $AIG.. at least i'll make $60.. yay.. :/
AIG
$AIG (American Intl Group Inc) $22.82 crossed its 1st Pivot Point Resistance #emppv #stocks
http://empirasign.com/l/gjm0.htm
AIG
ouch $AIG.. whatta let down.. literally.. rally is unsustainable apparently... we need MORE good news.. and less bullshit..
AIG
$AIG posted yesterday about heavy accumulation.
AIG
if $AIG is picking back up.. there's a hell of a broad market cover coming..
AIG
$MET $AIG Bloomberg reports MetLife may use $8 bln in stock to fund possible $15 bln bid for an AIG life insurance unit. MET shares hit
AIG
$AIG Rumor of $MET considering using 8 bln in a stock for ALICO unit
AIG
this is what i was waiting for on $AIG.. back to $25.. and maybe i'll make $500..
AIG
MetLife $MET said to weigh using $8B in stock for a deal with AIG $AIG
AIG
shoulda bought more of that $AIG.. only holding 200 shares.. average $22.35..
AIG
OMG!! SHITE! $AIG just bumped like crazy up to $22.90.. maybe not.. the rally continues..
AIG
LOL! spoke a little too soon on $AIG.. looks like this might be the top of this rally here..
AIG
$AIG is still good to go.. MACD indicates building support over $22.60..
AIG
picked up another 100 shares of $AIG at 22.30
AIG
American International Group Inc $AIG Not Moving. BBEP, KWK, CME, NTES, AIG, KEY, CADX, IDSA Popular Stocks: http://bit.ly/9rc0cX
AIG
American International Group Inc $AIG Not Moving. BBEP, KWK, CME, NTES, AIG, KEY, CADX, IDSA Popular Stocks: http://bit.ly/bL5zC9
AIG
$AIG closed below resistance, a close under $22....we go much lower $$
AIG
$GS - The Devil is in the Details (blog article with longer, worse title on HuffPost) http://bit.ly/cu24Lr $$ ($AIG FAIL)
AIG
$AIG is known in some circles as Arrogance, Ignorance, Greed via @IanFraser http://bit.ly/acLQk2
AIG
http://bit.ly/dmB4Te $AIG $HMC Need to know: Sandvik loss ... Workspace results ... Honda profits ...
AIG
http://bit.ly/czu5dA $AIG AIG plans to pay $100 million in another round of bonuses
AIG
http://bit.ly/cmI02E $AIG $BCS Barclays Said to Help A.I.G.'s in Derivatives Deals
American International Group, Inc. - AIG Insiders
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American International Group, Inc. - AIG information
American International Group, Inc., through its subsidiaries, provides insurance and financial services in the United States and internationally. It operates in four segments: General Insurance, Life Insurance and Retirement Services, Financial Services, and Asset Management. The General Insurance segment underwrites various business insurance products, including large commercial or industrial property insurance, excess liability, inland marine, environmental, workers? compensation, and excess and umbrella coverages. It also offers various specialized forms of insurance, such as aviation, accident and health, equipment breakdown, directors and officers liability, difference-in-conditions, kidnap-ransom, export credit and political risk, and professional errors and omissions coverages. In addition, this segment provides property and casualty reinsurance products to insurers; automobile insurance products; residential mortgage guaranty insurance products; and commercial and consumer lines of insurance products. The Life Insurance and Retirement Services segment offers individual and group life, payout annuities, endowment, and accident and health policies, as well as retirement savings products consisting of fixed and variable annuities. The Financial Services segment provides commercial aircraft and equipment leasing, capital market operations, consumer finance, and insurance premium financing. The Asset Management segment offers investment-related services and investment products to individuals, pension funds, and institutions. The company was founded in 1967 and is based in New York, New York....
www.aig.com
96,000 Employees
Founded in 1967
AMERICAN INTERNATIONAL GROUP (AIG:New York)
LAST $38.47 USD
CHANGE TODAY -0.50 -1.28%
VOLUME 2.4M
As of 8:04 PM 07/30/10 All times are local (Market data is delayed by at least 15 minutes).
Snapshot of AMERICAN INTERNATIONAL GROUP (AIG)
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OPEN
$38.33
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PREVIOUS CLOSE
$38.97
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DAY HIGH
$39.30
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DAY LOW
$38.01
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52 WEEK HIGH
08/28/09 - $55.90
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52 WEEK LOW
07/31/09 - $12.87
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MARKET CAP
26.8B
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AVERAGE VOLUME 10 D
4.5M
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EPS TTM
$-32.55
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SHARES OUTSTANDING
697.9M
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EX-DATE
09/23/08
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P/E TTM
--
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DIVIDEND
--
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DIVIDEND YIELD
--
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| K = Thousands M = Millions B = Billions | ||
related news for AMERICAN INTERNATIONAL GROUP (AIG)
Stock Picks; AIG, Martha Stewart, Texas Instruments, UPS
04/27/2010 2:18 PM ET
Wall Street analyst opinions on stocks making headlines in Tuesday's market
Key developments for AMERICAN INTERNATIONAL GROUP (AIG)
American International Group, Inc. Announces Executive Changes
07/19/2010
American International Group, Inc. expected to appoint Mark Tucker as head of its Asian business, AIA. Mr. Tucker, who stood down as Prudential's chief executive in October, will replace Mark Wilson in a role that will see him go head-to-head with his former employer for market share across the 'sweet spot' economies of South-East Asia. The appointment, will end Mr. Tucker's nine-month sabbatical from the world of business. He was succeeded at Prudential by Tidjane Thiam.
American International Group, Inc. to Pay $725 Million to Settle Fraud Case
07/17/2010
American International Group Inc. agreed to pay $725 million to settle a long-running securities fraud lawsuit led by three Ohio public pension funds, in class action settlements in US history. AIG would pay $175 million within 10 days of preliminary court approval of the settlement with a class of shareholders. The company may fund the remaining $550 million through one or more common stock offerings. The litigation, which began in October 2004, involved allegations that AIG engaged in accounting fraud, bid-rigging and stock price manipulation. The settlement resolves allegations of AIG's fraud from October 1999 to April 2005 and brings the expected recovery for AIG shareholders to about $1 billion. This settlement ends a long-standing lawsuit, allowing AIG to continue to focus its efforts on paying back taxpayers and restoring the value of its franchise for the benefit of all its stakeholders. As part of the overall case, the Ohio funds previously announced a $72 million settlement with General Reinsurance Corp, a $97.5 million settlement with PricewaterhouseCoopers LLP and a $115 million settlement with former AIG Chief Executive Maurice Hank Greenberg, other AIG executives and related corporate entities.
American International Group, Inc. Approves Terms of Settlement with the Lead Plaintiffs in the Putative Securities Fraud Class Suit
07/16/2010
On July 14, 2010, American International Group, Inc. approved the terms of a settlement with the lead plaintiffs in the putative securities fraud class actions filed beginning in October 2004 in the Southern District of New York, titled In re AIG Securities Litigation. Under the terms of the Settlement, if consummated, AIG will pay an aggregate of $725 million, $175 million of which is to be paid into escrow within ten days of preliminary court approval.
AIG Competitors
| Company | Last | Change |
| Allianz SE | €88.75 EUR | -0.12 |
| Assicurazioni Generali SpA | €15.46 EUR | -0.11 |
| Berkshire Hathaway Inc | $117,000 USD | +134.00 |
| UnitedHealth Group Inc | $30.45 USD | +0.01 |
| Zurich Financial Services AG | SFr.243.20 CHF | -0.10 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | AIG | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.1x |
|
| Price/Book | 1.7x |
|
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
|
AIG |
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AIG transactions
| Type Date |
Target |
|
Merger/Acquisition
March 7, 2010 |
American Life Insurance Company |
|
Merger/Acquisition
March 1, 2010 |
AIA Group Limited |
|
Bankruptcy
February 12, 2010 |
Vulcan Advanced Mobile Power Systems, LLC |
American International Group, Inc. - AIG news
Elite Investment Club Sides With Berkshire, Fairholme
2010-07-29 02:15:51
Keywords: Elite Investment Club Sides With Berkshire, Fairholme, acf,aig,axp,brk-a,brk-b,fairx,gs,ko,wfc, ideas-and-strategies
Quote: Bloomberg report highlights some of the favorite investments among members of Tiger 21, an exclusive investment club in which members control more than $10 billion in aggregate capital.Club cofounder Michael Sonnenfeldt explained, "No one wants to be a stock picker, but if they are, they're going to back someone who has essentially created wealth through buying stock."So it's no surprise that a survey revealed Warren Buffett's Berkshire HathawayBRK-ANewsBRK-BNews) was the top stock among Tiger 2...Read article
UPDATE - Pakistan plane crashes, all 152 on board dead
2010-07-29 02:15:50
Keywords: Pakistan,Asia,Emerging countries,Domestic Politics,National and international security,Diplomacy; International Relations,Air transport,Aerospace and defense,Disasters,United States of America,Turkey,Western Europe,Europe,General News,Media type Graphics,
Quote: Two Americans were among the victims, a U.S. embassy
spokesman told Reuters. He had no further details. While thick fog and rainy weather are considered the most
likely reasons for the crash, Kaira declined to rule out
sabotage and said all possibilities would be investigated. Kaira said the plane's "black box" data recorder had yet to
be recovered. The plane lost contact with the control room of the
Islamabad International Airport at 0443 GMT. It was carrying
146 passengers and six crew members...Read article
US securities fraud suits drop, alleged losses up
2010-07-28 08:06:22
Keywords: United States of America,U.S. corporate debt,Debt,Banks (industry group),Financials,Banks,Management issues/policy,Legislation,Judicial processes/court cases/court decisions,Integrated oil and gas,Energy and Resources,United Kingdom,Western Europe,Europe,
Quote: American International Group Inc's (AIG.N) $725 million
accord this month with a group of Ohio pension funds pushed
total settlements for the insurer to $1.01 billion, making it
......Read article
Goldman Sachs to Blow the Cover Off This Thing Once and for All by Producing Hard Hitting Movie About Itself
2010-07-28 08:06:21
Keywords: Goldman Sachs,Lloyd blankfein,Goldman Movie,Goldman Documentary,Ric Burns,Ken Burns,That Movie Look Good!,AIG,GS
Quote: Goldman Sachs, The MovieScene 1The camera slowly pans a black & white photo of a battlefield, could be the Civil War, or even the Spanish American War, who knows! But the camera slowly pans the carnage on the ground as someone who sounds like Shelby Foote delivers the voiceover narration. NARRATOR: Just as in the original stock market crash of 1929, there were no suicides on Wall Street that day. The real effect of the sudden unwinding of several trillion dollars in complex derivatives contr...Read article
Stop Focusing On Your Core Business
2010-07-28 08:06:21
Keywords: Core Business, Corporate Strategy, Focus, Leadership, Managing
Quote: Collins, who is known to have received more than $100,000 for a single speech, said all American management should emulate Circuit City and Fannie Mae. Surely leaders aren't emulating those examples now.What happened to bring down all these great names, and for that matter to bring on the Great Recession? It would seem a great deflection to blame it all on government. Most of the last decade saw Republican pro-business policies dominate the landscape, and contraction in government oversight acro...Read article
UPDATE - P&C insurer ACE Q2 trumps Wall Street view
2010-07-28 08:06:19
Keywords: Insurance - multiline,Insurance (industry group),Financials,United States of America,Insurance - property and casualty,Reinsurance,Switzerland,Western Europe,Europe,Financial service providers,Insurance,Central and Eastern Europe,Company News item,Economi
Quote: The company also said it expects to be at the top end of
its previous 2010 operating earnings forecast of $6.25 a share
to $6.75 a share.Ace has largely skirted the toxic investments that
weakened some of its competitors, including American
International Group Inc (AIG.N), XL Capital Ltd (XL.N) and
Swiss Re (RUKN.VX). "Slow economic recovery in the major developed economies of
the United States, Europe and Japan and competitive global
insurance markets impacted total premium growth, and I expect...Read article
Berkowitz Likes AmeriCredit Deal
2010-07-27 01:28:50
Keywords: Berkowitz Likes AmeriCredit Deal, acf,aig,fairx,gs,luk, ideas-and-strategies
Quote: Last Thursday we noted that the General Motors' $3.5 billion bid for AmeriCreditACFNewsa score for Bruce Berkowitz and investors in his Fairholme FundFAIRXNews).After the bell on Friday, Berkowitz confirmed our sentiment when Fairholme disclosed an 18.4% stake in AmeriCredit and said it will vote in favor of the GM deal, which put a 24% premium on shares as of Wednesday's close -- the last session prior to the announcement.Fairholme Capital Management's top-15 U.S.-listed equity holdings from th...Read article
UPDATE - Goldman coughs up counterparties on AIG hedge
2010-07-26 02:52:25
Keywords: Financials,Banks (industry group),Fund management and asset allocation,United States of America,Banks,Washington / US Government News,Regulation and enforcement,Domestic Politics,Credit default swaps,Investment for individuals (retail market),Mortgage-bac
Quote: Fri Jul 23, 2010 4:42pm EDT
* Source says list given to financial crisis panel * Firms including Morgan Stanley, Citi, Deutsche Bank By Karey Wutkowski WASHINGTON, July 23 (Reuters) - Morgan Stanley (MS.N),
Citigroup (C.N) and JPMorgan Chase (JPM.N) were among banks
that sold Goldman Sachs (GS.N) protection against the risk of a
collapse of giant insurer American International Group (AIG.N),
a source familiar with the matter said on Friday. Goldman Sachs has turned over a list of the counterpar...Read article
Cuomo re-opens probe of AIG's Cassano-report
2010-07-26 02:52:24
Keywords: Insurance - multiline,Insurance (industry group),Financials,United States of America,Regulation and enforcement,Municipal debt,Debt,Legislation,Financial service providers,Insurance,Business activities,Crime law and justice,General News,Politics Internati
Quote: NEW YORK |Fri Jul 23, 2010 7:01pm EDT
NEW YORK July 23 (Reuters) - New York State Attorney
General Andrew Cuomo reopened his investigation into former
American International Group Inc (AIG.N) executive Joseph
Cassano after U.S. authorities ended their own probes,
Bloomberg reported, citing a person familiar with the matter. Cuomo's office met with Cassano's lawyers and AIG earlier
this month and will likely hold additional meetings, Bloomberg
reported, citing the person. Cassano is the former he...Read article
[$$] N.Y. Fed Taps Dahlgren to Watch Banks
2010-07-26 02:52:23
Quote: BY SUDEEP REDDY The Federal Reserve Bank of New York named Sarah Dahlgren, who has led the Fed's oversight of American International Group Inc. since it was rescued by the government, to be its new head of bank supervision. Ms. Dahlgren, 46 years old, will lead the New York Fed's 600-member team of bank supervisors as the central bank bolsters its oversight of financial institutions and takes on new responsibilities from the recent financial legislation. She will assume her new post in January, ...Read article
Law Sharpens 'Clawback' Rules for Improper Pay
2010-07-26 02:52:21
Quote: Martinez, a member of five public-company boards, says they're already mulling how to bolster clawbacks that "don't go far enough." He expects necessary changes will occur this year but declines to be more specific.American International GroupLiz ClaibornePepsiCo Inc.Sysco Corp. adopted a clawback policy in 2009 that affects annual bonuses for about 175 top managers and doesn't exclude former officers, according to Mark Palmer, a spokesman for the food distributor. But directors don't try to rec...Read article
[$$] Repeat of AgBank's Success Won't Be Easy for AIA
2010-07-26 02:52:21
Quote: Article ExcerptRepeat of AgBank's Success Won't Be Easy for AIABY PETER STEIN Can AIA pull off an AgBank? American International Group Inc. seems hubristically determined to test whether it can repeat Agricultural Bank of China Ltd.'s success at launching one of the world's biggest initial public offerings in the middle of a lousy market. This month, AgBank successfully raised $19.23 billion with its dual listings in Hong Kong and Shanghai. AIG is eyeing a listing before the year's end of its ma...Read article
Trading Range Charts of the Dow 30
2010-07-23 01:56:58
Quote: Below we have run our trading range screen on the 30 members of theDow Jones Industrial Average.This screen allows investors to get aquick reading on how a large number of stocks have been trending latelyas well as where they're currently trading relative to their normalranges.As you'll see below, the members of the Dow are currently allover the place.Some stocks are oversold (Bank of America (BAC), Home Depot (HD),Johnson & Johnson (JNJ)), some are overbought (American Express (AXP),Caterpi...Read article
Feinberg Faults Banks for $1.6 Billion in Bonuses
2010-07-23 01:56:56
Keywords: Mergers & Acquisitions, Investment Banking, I PO, I.P.O.s, IPOs, Offerings, Private Equity, Hedge Funds, Venture Capital, Legal, The New York Times, Andrew Ross Sorkin, Andrew Sorkin, DealBook, deal maker, Wall street, wall st., Goldman Sachs, Goldman Sa
Quote: The group includes Wall Street giants like Citigroup, Goldman Sachs and the American International Group as well as small lenders like Boston Private Bank. Mr. Feinberg’s report calls out companies that he says paid eye-popping sums or used haphazard criteria for awarding bonuses, the people with knowledge of his findings said.
Mr. Feinberg is expected to say that the payouts were ill-advised but not unlawful or contrary to the public interest, the people said.
President Obama’s po...Read article
[$$] A Set of Scribbled Notes Helped Scuttle AIG Probe
2010-07-23 01:56:55
Quote: His derivatives unit helped drag insurance giant American International Group into near-collapse, prompting a $182 billion federal bailout in 2008 that remains contentious today. Vanity Fair magazine dubbed him "The Man Who Crashed the World." Prosecutors, envisioning a high-profile criminal case, found invective-strewn recorded phone calls appearing to suggest Mr. Cassano misled investors about AIG's bets on subprime mortgages, according to people familiar with the matter. They interviewed AIG...Read article
[$$] Family Sues AIG Over Policy on Mom's Life
2010-07-23 01:56:55
Quote: BY LESLIE SCISM AND MARK MAREMONT A dispute over a huge life-insurance policy on an Indianapolis woman who drowned, fully clothed, in her bathtub took a new twist this week when her family alleged American International Group Inc. ran a "scheme" to let investors buy big policies on older people as speculative bets. The woman's estate is seeking $45 million in damages from the New York insurer, according to a filing late Wednesday in federal court in Indianapolis. The filing was part of pending c...Read article
Obama signs financial reform into law
2010-07-22 07:38:26
Quote: President Barack Obama signed into law the sweeping financial reform legislation Wednesday.The signing ceremony was attended by 400 people and drew criticism immediately from Congressional GOP leaders.“Because of this law, the American people will never again be asked to foot the bill for Wall Street’s mistakes,” Obama said at the signing ceremony. “There will be no more taxpayer-funded bailouts. Period.”Instead of keeping large financial institutions alive when the...Read article
A.I.G.: The First Test of Financial Reform?
2010-07-22 07:38:20
Keywords: Mergers & Acquisitions, Investment Banking, I PO, I.P.O.s, IPOs, Offerings, Private Equity, Hedge Funds, Venture Capital, Legal, The New York Times, Andrew Ross Sorkin, Andrew Sorkin, DealBook, deal maker, Wall street, wall st., Goldman Sachs, Goldman Sa
Quote: Do the sweeping financial regulations that just became law give the government another tool to deal with the American International GroupTreasury Department do with its new power?
Henry M. Paulson Jr. has said that if he had been able to use that process in fall 2008, he would have used it.If not then, why shouldn’t the government act now?
The government appears to have this power with respect to A.I.G., although it would require some procedural hurdles and a determination that A.I.G. is ...Read article
UPDATE - Chinatrust: Still interested in AIG Taiwan unit talks
2010-07-22 07:38:19
Keywords: Taiwan,Asia,Hong Kong,China,United States of America,Emerging countries,Banks (industry group),Financials,Insurance (industry group),Mergers and Acquisitions (including Changes of Ownership),Fund management and asset allocation,Private equity funds,Banks,
Quote: Thu Jul 22, 2010 3:08am EDT
* Chinatrust reiterates interest in Nan Shan as growth driver * Would use same price as last year's rejected bid as base(Adds comment on price) By Rachel Lee TAIPEI, July 22 (Reuters) - Chinatrust Financial Holding Co
(2891.TW), Taiwan's top credit card issuer, is happy to talk to
American International Group Inc (AIG) (AIG.N) about its Taiwan
life insurance unit if the U.S. firm is unable to seal an
existing deal to sell the unit. "We are still interested in Nan Sha...Read article
[$$] AIG Picks Coordinators for AIA Unit IPO This Fall
2010-07-22 07:38:19
Quote: BY ALISON TUDOR HONG KONG—American International Group Inc. has chosen Goldman Sachs Group Inc. and Morgan Stanley as global coordinators in listing its Asian life-insurance unit this autumn, people familiar with the matter said Wednesday, kick-starting a share sale that could raise as much as US$23 billion for U.S. taxpayers. The insurer, which is majority-owned by the U.S. government after being rescued in 2008, has also enlisted Deutsche Bank AG as a global coordinator for the initial ...Read article