American International Group Inc (AIG) - NYSE
  • Jul. 28, 2009, 7:49 AM

    AIG (AIG) used $2.4B from recent asset sales to improve the capital position of its property-casualty unit rather than paying down some of its government debt. The move will undoubtedly raise questions about the insurer's ability to repay its bailout.

    | Jul. 28, 2009, 7:49 AM | 1 Comment
  • Jul. 27, 2009, 3:29 PM

    AIG (AIG +4.8%) renames its AIU Holdings unit "Chartis" to further distance the property-casualty unit from its parent, and names former EVP Kristian Moor to run it.

    | Jul. 27, 2009, 3:29 PM | 1 Comment
  • Jul. 27, 2009, 7:39 AM

    Pay Czar Ken Feinberg gets down to business, pushing firms to renegotiate contracts and reduce overall outlays. Citigroup (C), BoA (BAC), AIG (AIG), GM, Chrysler, Chrysler Financial and GMAC must submit their compensation proposals by August 13.

    | Jul. 27, 2009, 7:39 AM
  • Jul. 16, 2009, 9:00 AM

    Premarket gainers: BFRM +42%. MOS +11%. HGSI +7%. ING +6%. ELN +5%. BUCY +4%. ANPI +4%. SAY +4%. BIIB +4%. ESLR +4%. PCX +4%. SNDK +4%.
    Losers: NOK -12%. MTG -11%. SLT -10%. TRGT -8%. XLNX -6%. CELL -7%. RFMD -5%. MOT -5%. HOG -5%. AIG -4%.

    | Jul. 16, 2009, 9:00 AM
  • Jul. 16, 2009, 8:19 AM
    AIG (AIG) speeds its efforts to take Alico public and get it listed on the stock market.
    | Jul. 16, 2009, 8:19 AM
  • Jul. 16, 2009, 7:52 AM

    AIG (AIG) reportedly asks the buyout firms bidding for its Taiwan life insurance unit to partner with local companies in the next round of bidding to help secure regulatory approval for the potential $2B deal.

    | Jul. 16, 2009, 7:52 AM
  • Jul. 15, 2009, 5:37 PM
    AIG says it's taking steps to accelerate positioning its American Life Insurance Co. (ALICO) as a separate entity, and will pursue an IPO.
    | Jul. 15, 2009, 5:37 PM
  • Jul. 15, 2009, 5:14 PM

    Sources report Prudential (PRU) has resumed talks with AIG (AIG) over buying two Japanese insurance units, after discussions stalled earlier in the year. A sale could yield $3B for AIG, though the two sides aren't yet close to a deal.

    | Jul. 15, 2009, 5:14 PM
  • Jul. 15, 2009, 7:39 AM
    The lead bidders for AIG's (AIG) asset management unit pull out of talks, citing irreconcilable strategic differences within the bidding group. The latest twist raises questions about how AIG has managed the negotiations and why they have dragged on for so long.
    | Jul. 15, 2009, 7:39 AM
  • Jul. 14, 2009, 6:07 PM
    AIG (AIG) expects to receive as much as $975M selling loan holdings of American General Finance Corp. - its consumer lender - to Credit Suisse Group. The loans have a balance of about $1.6B. AIG shares +2.3% AH.
    | Jul. 14, 2009, 6:07 PM
  • Jul. 14, 2009, 9:00 AM

    Premarket gainers: NOVN +22%. CIT +19%. AIB +10%. SQNM +8%. AIG +5%. ADY +5%. FCS +5%.
    Losers: HNT -20%. TTWO -11%. HUM -8%. AGNC -4%.

    | Jul. 14, 2009, 9:00 AM | 2 Comments
  • Jul. 13, 2009, 9:00 AM

    Premarket gainers: CYTR +14%. OSIP +8%. CPHD +6%. AIG +6%. HBAN +6%. STP +6%. JASO +5%. PHG +5%. CTIC +4%. BAC +4%. DAN +4%. GS +4%. DFS +4%. FITB +4%.
    Losers: BEAT -34%. CIT -16%.

    | Jul. 13, 2009, 9:00 AM
  • Jul. 10, 2009, 11:51 AM

    AIG (AIG) is pressing the government to approve millions of dollars in bonuses. Strictly speaking, AIG doesn't need compensation czar Kenneth Feinberg's go-ahead, because the bonuses were promised long before Feinberg took his post. Still, AIG executives are uncomfortable about moving forward without political cover.

    | Jul. 10, 2009, 11:51 AM | 1 Comment
  • Jul. 9, 2009, 9:00 AM

    Premarket gainers: RIGL +18%. AXL +16%. NVAX +12%. HBAN +11%. CTIC +10%. HGSI +8%. SOL +6%. SKS +6%. AA +6%. ALU +6%. TJX +6%. AAUK +6%. GNW +5%. DB +5%. SAY +6%. TGT +4%. ESLR +4%. SAP +4%. YGE +4%. CLF +4%. MT +4%. ABB +4%. X +4%. F +4%. GOLD +4%. ICE +4%.
    Losers: ELX -14%. AIG -4%.

    | Jul. 9, 2009, 9:00 AM
  • Jul. 9, 2009, 7:58 AM

    AIG (AIG) will likely have zero value left for private shareholders after repaying the government, says a Citigroup analyst. AIG 'has not been forthcoming' about some potential losses, and CEO Liddy's 'motivation and ability to lead may be compromised.'

    | Jul. 9, 2009, 7:58 AM | 3 Comments
  • Jul. 9, 2009, 7:15 AM

    AIG (AIG) is in preliminary talks to sell key business Alico to rival MetLife (MET), potentially bringing in as much as $15B. Talks could still fall apart, as they did earlier this year, over a disagreement on price.

    | Jul. 9, 2009, 7:15 AM
Company Description
American International Group, Inc. operates as a global insurance company, which provides property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services. Its offerings include products and services that help businesses and individuals protect... More
Sector: Financial
Industry: Property & Casualty Insurance
Country: United States