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 $35.92 USD
CHANGE TODAY +0.26 0.73%
VOLUME 2.3M
As of 8:04 PM 09/2/10 All times are local (Market data is delayed by at least 15 minutes).
Snapshot of AMERICAN INTERNATIONAL GROUP (AIG)
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OPEN
$35.56
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PREVIOUS CLOSE
$35.66
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DAY HIGH
$36.00
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DAY LOW
$35.21
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52 WEEK HIGH
09/22/09 - $54.40
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52 WEEK LOW
02/5/10 - $21.54
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MARKET CAP
25.1B
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AVERAGE VOLUME 10 D
2.9M
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EPS TTM
$-35.53
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SHARES OUTSTANDING
698.0M
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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 | ||
Key developments for AMERICAN INTERNATIONAL GROUP (AIG)
Fubon May Consider Bidding For Nan Shan Life
09/1/2010
On September 1, 2010, Fubon Financial Holding Co. Ltd. indicated that the company is considering the possibility of acquiring Nan Shan Life Insurance Company, Ltd., after the government rejected a bid by a Hong Kong consortium to buy the company. President of Fubon, Victor Kung said, We would evaluate the possibility of buying any asset at a reasonable price. Chinatrust Financial Holding Co. Ltd. and Cathay Financial Holding Co. Ltd. are also reportedly interested in buying Nan Shan Life from American International Group, Inc. (AIG). Earlier, it was reported that Fubon lost a bid for Nan Shan Life to the consortium, which comprised of Primus Financial Holdings Limited Ltd. and China Strategic Holdings Ltd. However, Victor Kung declined to confirm that Fubon had bid for Nan Shan Life and he declined to furnish further details regarding company's plans for Nan Shan Life. According to a Taiwanese spokesman for AIG, the company has no intention of looking for a new buyer at this time. On August 31, 2010, Taiwan's Financial Supervisory Commission (FSC) rejected an application for the Hong Kong consortium to buy AIG's 97.57% stake in Nan Shan Life for $2.15 billion. The report mentioned that the value of Nan Shan is estimated to be worth TWD 140.3 billion.
Japanese, Qatari Investment Firms May Reportedly Eye Nan Shan Life Insurance
08/30/2010
Japanese and Qatari investment firms may consider a bid for American International Group, Inc.s (AIG) Nan Shan Life Insurance Company, Ltd. if a current bid for it does not go through, Commercial Times reported. The report cited a former Taiwanese diplomat as saying he had set up a company to make a bid and had talked to Firix Partners and a Qatari fund about funding for a bid worth some $2.5 billion. AIG's $2.2 billion sale of the Nan Shan unit to a group led by China Strategic has stalled amid concern the buyer group is backed by mainland Chinese money and lacks both experience in the insurance business and the ability to raise funds for future operations. Taiwan's Financial Supervisory Commission started a final review of the China Strategic bid earlier this month and could make a decision on the sale as soon as next month. AIG has said it is committed to the sale to China Strategic and will not entertain any other bids. Chinatrust Financial Holding Co. Ltd. has said it would bid for Nan Shan if the current deal falls through.
AIG Reportedly Scraps Plans To Seek Strategic Investor For AIA
08/27/2010
American International Group, Inc. (AIG) has scrapped its plans to sell a strategic stake in AIA Group Limited, ahead of its initial public offering, a source familiar with the process said on August 27, 2010. About four consortiums consisting of Chinese investors had approached AIG with offers to buy a stake in AIA Group, sources previously told Reuters. The report added that, AIG declined to comment.
AIG Competitors
| Company | Last | Change |
| Allianz SE | €84.20 EUR | +0.54 |
| Assicurazioni Generali SpA | €14.80 EUR | +0.07 |
| Carrefour SA | €37.90 EUR | 0.00 |
| UnitedHealth Group Inc | $32.86 USD | +0.27 |
| Zurich Financial Services AG | SFr.235.90 CHF | +1.70 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | AIG | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.2x |
|
| Price/Book | 0.9x |
|
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
|
AIG |
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AIG transactions
| Type Date |
Target |
|
Merger/Acquisition
August 20, 2010 |
American International Group, Inc., Central Piece of Atlantic Station |
American International Group, Inc. - AIG news
Wells Fargo: Financial Winners & Losers
2010-09-03 03:31:31
Keywords: Financial, News, Stock, Market, Headlines, Investments, Quotes, Trading, TheStreet.com, Maria Woehr ,Financial Winners & Losers
Quote: The bank's stock was up 21 cents, to $24.87, on news that Wells will begin a test program that lets customers use smartphones to pay for purchases in stores.American International Group's AIG) stock was up 10 cents on news the insurer had filed an application with the Hong Kong Stock Exchange to list AIA, the insurer's Asian life insurance unit. AIG's stock was trading at $35.76 a share.Bank of America's BAC) have a November 12 deadline in order to file for their portion of a $150 million Secur...Read article
Hurricane Earl Losses To Hit Allstate, AIG
2010-09-03 03:31:29
Keywords: Financial, News, Stock, Market, Headlines, Investments, Quotes, Trading, TheStreet.com, Maria Woehr ,Financial Services
Quote: According to the Insurance Information Institutute,the leading writers of commercial property and casualty insurance are American International Group( AIG), with 7% of the marketshare; Travelers(TRV), with 6.9% of the market, Liberty Mutual, with 5.9% of the market and Zurich Financial , with 4.5% of the market.Morgan Stanley's (MS) Gregory Locraft states in research note that Allstate (ALL) and Travelers were the most exposed to Hurricane Earl's losses because they do most of the underwriting f...Read article
[$$] AIG Loads Up for Unit's IPO
2010-09-03 03:31:28
Quote: BY NISHA GOPALANAND ALISON TUDOR HONG KONG—American International Group Inc.'s application to list its main pan-Asian life insurer contained a record 11 bookrunners, people familiar with the matter said, a further sign that the company is determined to raise as much money as possible from the IPO to repay U.S. taxpayers. The New York-headquartered firm lodged the application to list AIA Group Ltd. with the Hong Kong stock exchange as expected on Thursday, the first formal step in a proces...Read article
Bear Stearns Help Was ‘Original Sin,’ Wallison Says
2010-09-02 04:20:53
Quote: “Companies
probably didn’t believe they had to raise as much capital as
they might have needed because the government would ultimately
rescue them, and fewer creditors were going to be worried about
their capitalization.â€
American International Group Inc. while
allowing Lehman Brothers Holdings Inc. to fail. The Treasury
Department committed as much as $700 billion to bolster
companies through the Troubled Asset Relief Program.
“The decision to rescue Bear Stearns, to ...Read article
Morse Says Primus Considering Appeal for AIG Taiwan Unit: Video
2010-09-02 04:20:51
Quote: Robert Morse, co-chief executiveofficer and chairman of Primus Financial Holdings Ltd., talksabout the regulatory rejection of its bid for AmericanInternational Group Inc.'s Taiwan unit, Nan Shan Life InsuranceCo.
A group comprised of Primus Financial and China StrategicHoldings Ltd. failed to convince Taiwan's Financial SupervisoryCommission they had the financial capability and long-termcommitment to operate the business, Wu Tang-chieh, vice chairman
of the regulator, said at a briefing in Tai...Read article
[$$] AIG Runs Into Another Roadblock in Asia
2010-09-01 10:01:18
Quote: BY TING-I TSAI,ARIES POON TAIPEI—Government officials here rejected the planned $2.15 billion sale of American International Group Inc.'s Taiwanese life-insurance unit to a Hong Kong consortium, delivering another blow to AIG's efforts to raise money through the disposal of its Asian assets. Taiwan's Financial Supervisory Commission said Tuesday that it decided to reject the deal because it had doubts about China Strategic Holdings Ltd.'s financial strength and commitment to Nan Shan Life...Read article
AIG Weighs Scaling Back Taiwan Operation After Sale Is Rejected
2010-09-01 10:01:17
Quote: American International Group Inc.,
the insurer selling assets to repay a bailout, will consider
scaling back operations at its Taiwan unit after a planned $2.15
billion sale of the business was rejected by local regulators.
Primus Financial
Holdings Ltd.China Strategic Holdings Ltd.Wu Tang-chieh, vice chairman of the regulator, said
yesterday at a briefing in Taipei.
Lauren Day, a spokeswoman for New York-based AIG.
“As a matter of prudence, AIG will also evaluate its options to
limit it...Read article
Taiwan's Fubon: would consider AIG Taiwan unit buy
2010-09-01 10:01:15
Keywords: Taiwan,China,Asia/Pacific,Hong Kong,United States,Mergers / Acquisitions / Takeovers,Financials,Insurance,Financials,Insurance - multiline,Multi-Industry,Emerging Market Countries,Electrical Components / Equipment,Semiconductors / Semiconductor Equipment,
Quote: TAIPEI, Sept 1 |Wed Sep 1, 2010 3:52am EDT
TAIPEI, Sept 1 (Reuters) - Taiwan financial holding firm
Fubon Financial (2881.TW) would consider buying American
International Group Inc's (AIG) (AIG.N) Taiwan insurance unit if
it was put back on sale, Fubon's president said on Wednesday. Speaking at an industry conference, Victor Kung said that the
bank would look at whether the unit, Nan Shan Life, was offered
at a "reasonable" price. He did not elaborate. AIG's plan to sell the unit for $2.2 billio...Read article
Primus Said to Consider Appealing Rejection of Bid for AIG's Taiwan Unit
2010-09-01 10:01:15
Quote: will
consider appealing a decision by Taiwan regulators to reject its
$2.15 billion bid for American International Group Inc.’s local
unit, Chief Executive Officer Raymond Or said.
The Hong Kong-based company, seeking to acquire Nan Shan
Life Insurance Co., will discuss whether to appeal with bidding
partner Primus Financial Holdings Ltd. and AIG, Or said. Primus
is also considering an appeal, two people with knowledge of the
matter said.
The financial firm set up by Robert Morse, the f...Read article
US regulators see Dodd-Frank help on systemic risk
2010-09-01 10:01:12
Keywords: Insurance - multiline,Insurance,Financials,United States,Financials,Banking Services,US Government News,Regulations / Standards,Banks,US Federal Reserve,Consumer financial services,Insurance,General News,Company News item,General news stories,
Quote: It was followed days later by extraordinary government aid
to American International Group (AIG.N) as credit markets froze
with fear....Read article
UPDATE - Buyers step up for AIG's Taiwan unit
2010-09-01 10:01:12
Keywords: Hong Kong,China,United States,Taiwan,Asia/Pacific,Mergers / Acquisitions / Takeovers,Emerging Market Countries,Insurance,Financials,Financials,Government / Politics,Insurance - multiline,Multi-Industry,Banks,Major Breaking News,Insurance - Life / Health,B
Quote: Wed Sep 1, 2010 7:51am EDT
* Taiwan's Fubon says it would consider a bid * Rejected buyer says may appeal against ruling * Analysts see a new sale to Taiwan firm most likely(Adds comments from China Strategic and Primus Nan Shan) By Jonathan Standing and Alison Leung TAIPEI/HONG KONG, Sept 1 (Reuters) - Taiwan's Fubon
Financial (2881.TW) put its name forward on Wednesday as a
possible buyer of American International Group Inc's (AIG)
(AIG.N) Taiwan unit after the collapse of a planned $2.2 billi...Read article
AIG's Planned $2.15 Billion Sale of Taiwan Life Unit to Primus Is Rejected
2010-08-31 05:58:30
Quote: American International Group Inc.’s
planned $2.15 billion sale of its Taiwan life insurance unit was
blocked by local regulators, setting back the U.S. insurer’s
effort to repay its $182.3 billion government bailout.
Primus Financial Holdings Ltd.Hwang Jung-chiouChina Strategic
Holdings Ltd.
Chinatrust Financial Holding Co. to bid for Nan Shan,
Taiwan’s third-largest insurer by premiums.
Monika Yang, who helps
oversee $2 billion at Hamon Asset Management Ltd. in Hong Kong...Read article
TIMELINE-The protracted sale of AIG's Taiwan unit Nan Shan
2010-08-31 05:58:28
Keywords: Taiwan,China,Asia/Pacific,United States,Mergers / Acquisitions / Takeovers,Insurance,Financials,Financials,Insurance - Life / Health,Multi-Industry,Emerging Market Countries,Funds,Semiconductors / Semiconductor Equipment,Hong Kong,Banks,Private Equity Fun
Quote: Tue Aug 31, 2010 4:07am EDT
Aug 31 (Reuters) - Taiwan's regulators rejected American
International Group's (AIG.N) sale of its unit Nan Shan Life to
China Strategic (0235.HK) and Hong Kong investment firm Primus
Financial some 10 months after it was first agreed. Concerns over the buyers' backing by political rival
mainland China and lack of experience in running an insurance
business held up the regulatory review. For a full story, click [ID:nTOE67U05I] For a related factbox, click [ID:nTOE67T0...Read article
[video] AIG Reportedly Scraps Plans to Sell Strategic Stake in AIA
2010-08-30 01:29:04
Keywords: Business,Personal Finance,Large Cap Stocks
Quote: Smucker, HormelHospira CEO Begley to RetireHewlett-Packard, Dell Earnings BeatBHP, Rio Tinto JV Reportedly DeadFAA Reportedly Set to Fine American AirlinesToday's Big Gainers: MFE, NAL, HSFT, OTEXToday's Big Losers: SWS, NL, SCHS, SFN, HUSAThursday Sector Leaders: Security Software & Services, Silver StocksThursday Sector Laggards: Residential Construction, Machine Tools & AccessoriesDaily Dividend Report:FL, Q, NOV, ROST, TIFUpgrades:DVN, SIRI, AMATDowngrades:EV, BRCD, RIGRetail Earnings: Sears...Read article
AIG: Financial Winners & Losers
2010-08-30 01:29:03
Keywords: Financial, News, Stock, Market, Headlines, Investments, Quotes, Trading, TheStreet.com, Lauren Tara LaCapra ,Financial Winners & Losers
Quote: NEW YORK (TheStreet) -- Bank stocks were mixed on Friday morning, following news that the economy grew last quarter and that the government is prepared to step in if something goes awry.Outside of the banking sector, American International GroupAIG) was up 2.1% at $34.71, as speculation about its impending spin-off of a life-insurance division persisted.Much like the broader market, the KBW Bank Index had been alternating between positive and negative territory as Federal Reserve Chairman Ben Be...Read article
AIG Hanging On To AIA Ownership Ahead Of IPO
2010-08-30 01:29:03
Quote: Home
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Sales & Marketi...Read article
Mozilo case heats up ahead of October trial date
2010-08-30 01:29:02
Keywords: Lawmaking,Crime,Judicial Process / Court Cases / Court Decisions,Class Actions,United States,Financials,Mortgage-Backed Markets,Investment Banking and Brokerage Services,Funds,Banking Services,Financials,Banks,Insurance,Crime/Law/Justice,Money Internation
Quote: Earlier this year, federal probes were dropped against
ex-American International Group (AIG.N) executive Joseph
Cassano, who headed the insurer's Financial Products unit. Countrywide was acquired by Bank of America (BAC.N) for
$2.5 billion in 2008. The company recently agreed to pay $600
million to settle a class-action lawsuit brought by investors
who claimed they were misled. While an SEC case could result in fines, a criminal
prosecution would raise the specter of prison time. Federal
prosecu...Read article
AIG insurers cover $60 mln of ex-CEO, ex-CFO costs
2010-08-30 01:29:01
Keywords: United States,US Corporate Bonds,Debt / Fixed Income Markets,Financials,Insurance,Financials,Management Issues / Policies,Company Management Issues,Judicial Process / Court Cases / Court Decisions,US Government News,Regulations / Standards,Insurance - mul
Quote: The payouts to Greenberg and former Chief Financial Officer
Howard Smith are in addition to $90 million that American
International Group Inc's (AIG.N) insurers, as previously
reported, will pay directly to the company as part of the proposed
settlement. The $150 million of payouts were revealed in an Aug. 25
agreement filed in Delaware Chancery Court, and obtained Friday by
Reuters. They stem from litigation in which investors accused more than
20 onetime AIG executives and directors of poor ov...Read article
Japan, Qatar funds may bid for AIG Taiwan unit-paper
2010-08-30 01:28:59
Keywords: Taiwan,China,Asia/Pacific,United States,Qatar,Middle East,Mergers / Acquisitions / Takeovers,Insurance,Financials,Financials,Funds,Hong Kong,Japan,Insurance - multiline,Electrical Components / Equipment,Semiconductors / Semiconductor Equipment,Emerging Ma
Quote: TAIPEI |Sun Aug 29, 2010 9:30pm EDT
TAIPEI Aug 30 (Reuters) - Japanese and Qatari investment
firms may consider a bid for American International Group's
(AIG.N) Taiwan unit if a current bid for it does not go through,
Taiwan's Commercial Times newspaper said on Monday. The paper cited a former Taiwanese diplomat as saying he had
set up a company to make a bid and had talked to Japan-based
Firix Partners and a Qatari fund about funding for a bid worth
some $2.5 billion. AIG's $2.2 billion sale of...Read article
Tata Power eyes InterGen stake for upto $1.2 bln-source
2010-08-27 02:10:37
Keywords: India,Emerging Market Countries,Asia/Pacific,Mergers / Acquisitions / Takeovers,Deals,Company Events,Utilities,Construction - Supplies / Fixtures,Engineering / Construction,United States,Energy,Utilities - Electric,Utilities,Electrical Components / Equipm
Quote: GMR Infrastructure, based in Bangalore, bought 50 percent
of InterGen in 2008 for $1.1 billion from a fund owned by
American International Group Inc (AIG.N). The rest of InterGen
is owned by Ontario Teachers' Pension Plan.(Reporting by Surojit Gupta; Editing by Jui Chakravorty)......Read article