AIG

Latest stories

8h
Business Insurance
Expanded board adds pressure to break up AIGBreaking American International Group Inc. into separate property/casualty, lif
Expanded board adds pressure to break up AIG
Business Insurance / Posted 8 hours ago
Breaking American International Group Inc. into separate property/casualty, life and mortgage insurance units might be good for shareholders, but not necessarily for risk managers. Activist investor Carl Icahn, who's been calling for an AIG breakup... Read more
1d
International Business Times
Stock market: Share buy-backs programmes have not had desired effect on UK stocks so far this year Shares buyback programmes have been a common theme in the UK and US markets in
Stock market: Share buy-backs programmes have not had desired effect on UK stocks so far this year
International Business Times / Posted yesterday
Shares buyback programmes have been a common theme in the UK and US markets in the first two months of 2016, as companies on both sides of the Atlantic have moved to repurchase their own stocks. An extremely common practice in the US, where,... Read more
1d
Bangkok Post - Thailand's English news
Wall Street tries to reset debate on activismNEW YORK - Wall Street is hoping to reset the debate on US corporate governance
Wall Street tries to reset debate on activism
Bangkok Post - Thailand's English news / Posted yesterday
NEW YORK - Wall Street is hoping to reset the debate on US corporate governance following a wave of shareholder activism that has challenged many of the biggest companies. Wall Street is hoping to reset the debate on US corporate governance... Read more
1d
TheStreet.com
Mega Insurer AIG and Activist Carl Icahn End Three Month Dispute Mega insurer American International Inc. (AIG) on Thursday reached a settleme
Mega Insurer AIG and Activist Carl Icahn End Three Month Dispute
TheStreet.com / Posted yesterday
Mega insurer American International Inc. (AIG) on Thursday reached a settlement with Carl Icahn, ending a three month public battle the latter launched about three months earlier. AIG... Read more
23 related stories
1d
TheStreet.com
Crude surge boosts stocks in late-week rallyStocks ended the week on a better note than they started, rallying to close at
Crude surge boosts stocks in late-week rally
TheStreet.com / Posted yesterday
Stocks ended the week on a better note than they started, rallying to close at session highs as crude oil scored its best daily performance in seven years. The S&P 500 was up 1.95%, the Dow Jones Industrial Average gained 2%, and the Nasdaq climbed... Read more
4 related stories
1d
San Antonio Express-News
AIG Posts Big Loss, but Investors Are Still HappyInsurance giant American International Group has come a long way since its bai
AIG Posts Big Loss, but Investors Are Still Happy
San Antonio Express-News / Posted yesterday
Insurance giant American International Group has come a long way since its bailout at the hands of taxpayers during the financial crisis. After having once been a sprawling financial empire with a wide swath of different businesses, AIG has taken... Read more
23 related stories
1d
Business Insurance
AIG faces up to past losses, future challenges as break-up pressure mountsPoor commercial property/casualty insurance results helped push American Intern
AIG faces up to past losses, future challenges as break-up pressure mounts
Business Insurance / Posted yesterday
Poor commercial property/casualty insurance results helped push American International Group Inc. to a net loss of $1.84 billion during the fourth quarter of 2015 from a net gain of $655 million during the same period a year earlier, the New... Read more
23 related stories
1d
TheStreet.com
Stocks extend highs as crude oil soarsStocks extended highs in a rally on Friday afternoon as crude oil spiked and ba
Stocks extend highs as crude oil soars
TheStreet.com / Posted yesterday
Stocks extended highs in a rally on Friday afternoon as crude oil spiked and banking stocks recovered after steep declines a day earlier. The S&P 500 was up 1.5%, the Dow Jones Industrial Average gained 1.6%, and the Nasdaq climbed 1.3%. Crude oil... Read more
4 related stories
1d
Investopedia
Can the Market Predict a Recession?Can the market predict a recession? A “yes” answer might seem tautological on t
Can the Market Predict a Recession?
Investopedia / Posted yesterday
Can the market predict a recession? A “yes” answer might seem tautological on the surface, but isn’t. A recession is technically a reduction in economic activity, rather than in stock prices. Rephrasing the question a little, is it possible to have,... Read more
1d
Business Insurance
AIG faces up to past losses, future challenges as break-up pressure mountsPoor commercial property/casualty insurance results helped push American Intern
AIG faces up to past losses, future challenges as break-up pressure mounts
Business Insurance / Posted yesterday
Poor commercial property/casualty insurance results helped push American International Group Inc. to a net loss of $1.84 billion during the fourth quarter of 2015 from a net gain of $655 million during the same period a year earlier, the New... Read more
23 related stories
1d
TheStreet.com
Stocks jump as oil, banks lead gainsStocks bounced on Friday, looking to end the week with a rally, as crude oil sp
Stocks jump as oil, banks lead gains
TheStreet.com / Posted yesterday
Stocks bounced on Friday, looking to end the week with a rally, as crude oil spiked and banking stocks recovered after steep declines a day earlier. The S&P 500 was up 0.53%, the Dow Jones Industrial Average gained 0.71%, and the Nasdaq climbed... Read more
4 related stories
2d
Newsmax
Paulson, Icahn Score AIG Board Seats, Only to Face Uphill BattleJohn Paulson and Carl Icahn, who became billionaires by identifying mispriced s
Paulson, Icahn Score AIG Board Seats, Only to Face Uphill Battle
Newsmax / Posted 2 days ago
John Paulson and Carl Icahn, who became billionaires by identifying mispriced securities and pushing for corporate shakeups, face a new challenge after winning seats on the board of American International Group Inc., the insurer that’s been too big... Read more
23 related stories
2d
CNBC
Early movers: JPM, BA, ITT, NFLX, CBS, P & moreCheck out which companies are making headlines before the bell: Boeing — The s
Early movers: JPM, BA, ITT, NFLX, CBS, P & more
CNBC / Posted 2 days ago
Check out which companies are making headlines before the bell: Boeing — The stock was downgraded to "neutral" from "overweight" at JPMorgan Chase, which points to recent reports of a Securities and Exchange Commission probe into Boeing's accounting... Read more
2d
TheStreet.com
Stock futures are setting up for a rallyStock futures were rising Friday, looking to end the week with a rally as Europ
Stock futures are setting up for a rally
TheStreet.com / Posted 2 days ago
Stock futures were rising Friday, looking to end the week with a rally as European markets rebounded from an ugly session on Thursday. S&P 500 futures were up 1.1%, Dow Jones Industrial Average futures gained 0.9%, and Nasdaq futures climbed... Read more
4 related stories
2d
Business Insider
10 things you need to know before the opening bellThe world has entered a bear market. On Thursday, the MSCI All-Country World In
10 things you need to know before the opening bell
Business Insider / Posted 2 days ago
The world has entered a bear market. On Thursday, the MSCI All-Country World Index ended down 20% from its May peak, marking the start of a global bear market. The index tracks large and mid-cap stocks in 23 developed and 23 emerging... Read more
2d
TheStreet.com
10 things you should know for Friday, Feb. 12Here are : 1. -- U.S. stock futures were rising Friday and European stocks reb
10 things you should know for Friday, Feb. 12
TheStreet.com / Posted 2 days ago
Here are : 1. -- U.S. stock futures were rising Friday and European stocks rebounded and oil prices came off 12-year lows. Asian shares finished the session lower, after Japan's main stock index lost... Read more
4 related stories
2d
Calcutta News
Icahn, Paulson given board seats by AIG to avoid proxy fight NEW YORK American International Group has given two boardroom seats to Carl I
Icahn, Paulson given board seats by AIG to avoid proxy fight
Calcutta News / Posted 2 days ago
NEW YORK American International Group has given two boardroom seats to Carl Icahn and John Paulson, thus avoiding a possible public showdown with the billionaire investors over the... Read more
23 related stories
2d
Market Watch
AIG makes peace with Icahn, PaulsonBillionaire investors Carl Icahn and John Paulson dropped their public fight wi
AIG makes peace with Icahn, Paulson
Market Watch / Posted 2 days ago
Billionaire investors Carl Icahn and John Paulson dropped their public fight with American International Group Inc. on Thursday, promising a year of peace in exchange for two board seats. The pact ends a monthslong showdown between the two activist... Read more
23 related stories
2d
The Star
Friday, February 12Market wrap: Bank shares dragged Wall Street lower on Thursday on concerns the
Friday, February 12
The Star / Posted 2 days ago
Market wrap: Bank shares dragged Wall Street lower on Thursday on concerns the slowing global economy will continue to pressure interest rates, while energy shares helped pare losses late in the session. Volume was high as the S&P 500 touched its... Read more
2d
Stamford Advocate
Carl Icahn and John Paulson just scored a big winCarl Icahn and John Paulson scored a big win on Thursday. The billionaire inve
Carl Icahn and John Paulson just scored a big win
Stamford Advocate / Posted 2 days ago
Carl Icahn and John Paulson scored a big win on Thursday. The billionaire investors got seats on the board of insurance giant AIG. Icahn won't be on the board, but he'll have one of his firm's analysts take the seat. Paulson will have a... Read more
2 related stories
2d
Connecticut Post
Carl Icahn and John Paulson just scored a big winCarl Icahn and John Paulson scored a big win on Thursday. The billionaire inve
Carl Icahn and John Paulson just scored a big win
Connecticut Post / Posted 2 days ago
Carl Icahn and John Paulson scored a big win on Thursday. The billionaire investors got seats on the board of insurance giant AIG. Icahn won't be on the board, but he'll have one of his firm's analysts take the seat. Paulson will have a... Read more
2 related stories
2d
Fortune
AIG Settles with Activist Carl IcahnScore another victory for activists, sort of. On Thursday, American Internatio
AIG Settles with Activist Carl Icahn
Fortune / Posted 2 days ago
Score another victory for activists, sort of. On Thursday, American International Group aig agreed to give two board seats to hedge fund managers Carl Icahn and John Paulson, both of whom had called for the giant insurer to be split up. Paulson, who... Read more
23 related stories
2d
CNBC
After-hours buzz: CBS, P, TWTR, FEYE & moreFireEye shares were lower in extended trading after the virtual security provid
After-hours buzz: CBS, P, TWTR, FEYE & more
CNBC / Posted 2 days ago
FireEye shares were lower in extended trading after the virtual security provider's CEO, Dave DeWalt, said he sees cybersecurity spending growing at a reduced rate this year. DeWalt said the industry's sales were boosted last year by "emergency... Read more
2d
TheStreet.com
Under pressure from Icahn, AIG hikes dividend despite earnings lagAlong with the quarterly payout of 32 cents a share, the New York-based company
Under pressure from Icahn, AIG hikes dividend despite earnings lag
TheStreet.com / Posted 2 days ago
Along with the quarterly payout of 32 cents a share, the New York-based company approved $5 billion in share buybacks, on top of $2.5 billion so far this year. The company's stock rose about 1% to $51 in after-hours trading in New York. "These... Read more
23 related stories
2d
Morningstar
AIG Reaches Agreement With Icahn for Board RepresentationAIG will add billionaire investor John Paulson and Samuel Merksamer, a top lieu
AIG Reaches Agreement With Icahn for Board Representation
Morningstar / Posted 2 days ago
AIG will add billionaire investor John Paulson and Samuel Merksamer, a top lieutenant of Carl Icahn, to its board at the 2016 annual meeting. The board will expand to 16 members. The announcement came as AIG released fourth-quarter results. The... Read more
23 related stories
2d
Channel NewsAsia
AIG strikes deal with Icahn, posts bigger-than-expected lossREUTERS: American International Group Inc capitulated in its boardroom fight wi
AIG strikes deal with Icahn, posts bigger-than-expected loss
Channel NewsAsia / Posted 2 days ago
REUTERS: American International Group Inc capitulated in its boardroom fight with activist investor Carl Icahn, nominating both his representative and billionaire John Paulson to its board, as it unveiled a bigger-than-expected quarterly... Read more
23 related stories
2d
Market Watch
AIG averts proxy fight with Carl IcahnAmerican International Group Inc. reached a settlement with activist investors,
AIG averts proxy fight with Carl Icahn
Market Watch / Posted 2 days ago
American International Group Inc. reached a settlement with activist investors, averting the possibility of a proxy fight at the insurance giant. AIG will add billionaire investor John Paulson and Samuel Merksamer, a top lieutenant of Carl Icahn, to... Read more
23 related stories
2d
Business Insurance
AIG strikes deal with Icahn, posts bigger-than-expected loss(Reuters) — American International Group Inc. capitulated in its boardroom figh
AIG strikes deal with Icahn, posts bigger-than-expected loss
Business Insurance / Posted 2 days ago
(Reuters) — American International Group Inc. capitulated in its boardroom fight with activist investor Carl Icahn, nominating both his representative and billionaire John Paulson to its board, as it unveiled a bigger-than-expected quarterly... Read more
23 related stories
2d
Business Insider
Carl Icahn and John Paulson just scored a big winCarl Icahn and John Paulson scored a big win on Thursday. The billionaire inve
Carl Icahn and John Paulson just scored a big win
Business Insider / Posted 2 days ago
Carl Icahn and John Paulson scored a big win on Thursday. The billionaire investors got seats on the board of insurance giant AIG. Icahn won't be on the board, but he'll have one of his firm's analysts take the seat. Paulson will have a... Read more
2 related stories
2d
FOX Business
AIG Posts Hefty Loss, Hurt By Weak UnderwritingAmerican International Group Inc , the biggest U.S. commercial insurer b
AIG Posts Hefty Loss, Hurt By Weak Underwriting
FOX Business / Posted 2 days ago
American International Group Inc , the biggest U.S. commercial insurer by premiums, reported a bigger-than-expected quarterly operating loss, hurt by weak underwriting and lower returns on investments in a turbulent market. Shares of the... Read more
23 related stories
2d
FOX Business
AIG Posts Hefty Loss, Hurt By Weak UnderwritingAmerican International Group Inc , the biggest U.S. commercial insurer b
AIG Posts Hefty Loss, Hurt By Weak Underwriting
FOX Business / Posted 2 days ago
American International Group Inc , the biggest U.S. commercial insurer by premiums, reported a bigger-than-expected quarterly operating loss, hurt by weak underwriting and lower returns on investments in a turbulent market. Continue Reading... Read more
23 related stories
2d
Morningstar
Dow, S&P 500 Post 5th Straight Loss, Dogged By Global Market TurmoilThe Dow and S&P 500 rang up their fifth losing day in a row Thursday, amid a gl
Dow, S&P 500 Post 5th Straight Loss, Dogged By Global Market Turmoil
Morningstar / Posted 2 days ago
The Dow and S&P 500 rang up their fifth losing day in a row Thursday, amid a global rout in risk assets led by tumbling oil prices and losses in financial stocks. The main indexes tried to stage a comeback in late-afternoon trade, following... Read more
7 related stories
2d
Channel NewsAsia
AIG posts bigger-than-expected loss, boosts share buybackREUTERS: American International Group Inc , the biggest U.S. commercial insurer
AIG posts bigger-than-expected loss, boosts share buyback
Channel NewsAsia / Posted 2 days ago
REUTERS: American International Group Inc , the biggest U.S. commercial insurer by premiums, reported a bigger-than-expected quarterly operating loss, hurt by weak underwriting and lower returns on investments in a turbulent market. Shares of the... Read more
23 related stories
2d
Market Watch
AIG swings to fourth-quarter operating lossAmerican International Group Inc. AIG, -3.68% late Thursday reported it swung t
AIG swings to fourth-quarter operating loss
Market Watch / Posted 2 days ago
American International Group Inc. AIG, -3.68% late Thursday reported it swung to a fourth-quarter operating loss of $1.3 billion, or $1.10 a share, from an operating income of $1.4 billion, or 97 cents a share, in the year ago period. Operating... Read more
2d
CNBC
AIG reports larger-than-expected quarterly lossAmerican International Group reported results on Thursday, posting a fourth-qua
AIG reports larger-than-expected quarterly loss
CNBC / Posted 2 days ago
American International Group reported results on Thursday, posting a fourth-quarter loss of $1.10 per share. Analysts expected AIG to to report a loss of 93 cents per share on $13.54 billion in revenue, according to a consensus estimate from Thomson... Read more
23 related stories
2d
Reuters
AIG posts bigger-than-expected loss, boosts share buybackThe AIG logo is seen at its building in New York's financial district March 19,
AIG posts bigger-than-expected loss, boosts share buyback
Reuters / Posted 2 days ago
The AIG logo is seen at its building in New York's financial district March 19, 2015. American International Group Inc (AIG.N), the biggest U.S. commercial insurer by premiums, reported a bigger-than-expected quarterly operating loss, hurt by weak... Read more
23 related stories
2d
TheStreet.com
AIG keeps on breaking downAIG (AIG - Get Report) is putting in new February lows today as the stock exten
AIG keeps on breaking down
TheStreet.com / Posted 2 days ago
AIG (AIG - Get Report) is putting in new February lows today as the stock extends this month's drop to 10%. This pre-earnings selloff has been fueled by a massive selling wave that has driven the stock through multiple support levels. In the near... Read more
2d
Business Wire
AIG Reports Fourth Quarter 2015 After-Tax Operating Loss of $1.3 Billion or $1.10 Per Diluted ShareNEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today
AIG Reports Fourth Quarter 2015 After-Tax Operating Loss of $1.3 Billion or $1.10 Per Diluted Share
Business Wire / Posted 2 days ago
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today reported an after-tax operating loss of $1.3 billion, or $1.10 per diluted share, for the fourth quarter of 2015, compared to after-tax operating income of $1.4 billion,... Read more
23 related stories
2d
Business Wire
AIG Board of Directors Authorizes Repurchase of Additional Shares of AIG Common Stock, Declares Increased Common Stock DividendNEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today
AIG Board of Directors Authorizes Repurchase of Additional Shares of AIG Common Stock, Declares Increased Common Stock Dividend
Business Wire / Posted 2 days ago
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced the following actions taken by its Board of Directors: Authorized the repurchase of additional shares of AIG Common Stock with an aggregate purchase price of... Read more
2d
Business Wire
AIG Announces Expansion of Board of Directors and Nominates Two New DirectorsNEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE:AIG) said t
AIG Announces Expansion of Board of Directors and Nominates Two New Directors
Business Wire / Posted 2 days ago
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE:AIG) said today that its Board of Directors has agreed to expand the size of the AIG Board from 14 seats to 16 seats. The Board will nominate its existing Board of Directors, as... Read more
2d
Zero Hedge
It Was Never About Oil, Part 2: It Was Always Leverage & VolatilitySubmitted by Jeffrey Snider via Alhambra Investment Partners, The entire point
It Was Never About Oil, Part 2: It Was Always Leverage & Volatility
Zero Hedge / Posted 2 days ago
Submitted by Jeffrey Snider via Alhambra Investment Partners, The entire point of leveraged positions is the margin of safety. That is true on both sides of that equation, as for the provider and the borrower/user. In the most famous examples of... Read more
2d
Morningstar
Dow Tumbles 350 Points As Global Market Rout, Yellen Testimony WeighU.S. stocks were mired in the red Thursday, sinking amid a global rout in risk
Dow Tumbles 350 Points As Global Market Rout, Yellen Testimony Weigh
Morningstar / Posted 2 days ago
U.S. stocks were mired in the red Thursday, sinking amid a global rout in risk assets led by tumbling oil prices and stress in the banking sector. Testimony from Federal Reserve Chairwoman Janet Yellen--continuing a second day of hearings to explain... Read more
7 related stories
2d
Investopedia
Too Big to Fail Gets Its Day in Court (MET, AIG)One of the key provisions of the 2010 Dodd-Frank Act is the systematically impo
Too Big to Fail Gets Its Day in Court (MET, AIG)
Investopedia / Posted 2 days ago
One of the key provisions of the 2010 Dodd-Frank Act is the systematically important financial institution (Sifi) designation, which subjects "too big to fail" bank and non-bank financial institutions to regulations that many firms find onerous. One... Read more
5 related stories
2d
The Christian Post
Ken Ham: Atheistic 'Sunday Assembly' Rips Off Church Like Nones Rip Off MarriageThe Sunday Assembly event in Los Angeles on Nov. 10, 2013. Answers in Genesis
Ken Ham: Atheistic 'Sunday Assembly' Rips Off Church Like Nones Rip Off Marriage
The Christian Post / Posted 2 days ago
The Sunday Assembly event in Los Angeles on Nov. 10, 2013. Answers in Genesis CEO and President Ken Ham has accused the atheistic "Sunday Assembly" movement of hypocritically following its own religious dogma, while at the same time "ripping off"... Read more
2d
Yahoo News
Dow falls 350, S&P briefly off 2% as Europe, oil weigh Cramer: I've been hideously negative! U.S. equities fell sharply Thursday as
Dow falls 350, S&P briefly off 2% as Europe, oil weigh
Yahoo News / Posted 2 days ago
Cramer: I've been hideously negative! U.S. equities fell sharply Thursday as investors digested a massive global sell-off and oil prices fell further. "The Chinese H share index didn't wait... Read more
4 related stories
2d
CNBC
Wall Street should fear the next president3) Markets: Cruz wants to end the Export-Import Bank that subsidizes expensive
Wall Street should fear the next president
CNBC / Posted 2 days ago
3) Markets: Cruz wants to end the Export-Import Bank that subsidizes expensive products so that those in other countries can buy U.S. products. Such a plan might cut into corporate earnings and market returns. If Trump were president, he may lash out... Read more
3d
TheStreet.com
Markets Worldwide, Crude Oil, U.S. Futures All DownNEW YORK (TheStreet) -- U.S. stock futures are down sharply in premarket tradin
Markets Worldwide, Crude Oil, U.S. Futures All Down
TheStreet.com / Posted 3 days ago
NEW YORK (TheStreet) -- U.S. stock futures are down sharply in premarket trading Thursday amid a wider global market selloff as falling crude prices once again take their toll on markets. Brent crude was down $0.57 to $30.27 per barrel, while West... Read more
3d
Zero Hedge
Deutsche Bank Is Back: 5 Year Sub CDS Soar To Record High101 if you include Cramer's mug in the mix. These 'experts' will then probably
Deutsche Bank Is Back: 5 Year Sub CDS Soar To Record High
Zero Hedge / Posted 3 days ago
101 if you include Cramer's mug in the mix. These 'experts' will then probably commit suicde. Trading will be awesome today across all markets. Get ready boys! Using the last of their cash to buy up debt in a bankrupt company (themselves) sounds... Read more
3d
Business Insider
10 things you need to know before the opening bellCoco bonds are getting hit hard. A lot of the recent worries with European bank
10 things you need to know before the opening bell
Business Insider / Posted 3 days ago
Coco bonds are getting hit hard. A lot of the recent worries with European banks have been centered on coco bonds, or contingent convertible bonds. These bonds automatically convert debt to equity when a bank's cash reserves fall below a certain... Read more
3d
Zero Hedge
Markets Around The World Are Crashing; Gold SoarsYesterday morning, when musing on the day's key event namely Yellen's congressi
Markets Around The World Are Crashing; Gold Soars
Zero Hedge / Posted 3 days ago
Yesterday morning, when musing on the day's key event namely Yellen's congressional testimony, we dismissed the most recent bout of European bank euphoria which we said "will be brief if not validated by concrete actions, because while central banks... Read more
More

People in this news