American International Group Inc

NYSE: AIG
$75.60
+$0.97 (+1.3%)
Closing Price on October 9, 2024

AIG Articles

Two years ago, Citigroup shares traded for $55.  Last week, after the government said it might own as much as 36% of the company, the stock dropped to $1.40.  Citigroup is about to become a penny...
According to Reuters, too much dependence on government aid could cause a second recession when the companies are forced to stand on their own. Reuters reports that Obama is considering funds to buy...
Clearly feeling the need to debase themselves further after their role in the subprime mortgage mess, the two major credit agencies are signaling that they will hold their ratings on AIG (AIG) ...
According to Reuters, AIG (AIG) will receive as much as $30 billion from the government in a deal which pieces of some of the insurance company will be owned by the Fed. Reuters reports that HSBC...
It seems like a devilishly clever plan. The US government already owns 80% of AIG (AIG). Why not break the company into pieces and let taxpayers own larger chunks of the parts? The plan assumes that...
Short sellers think financial stocks believe that financial stocks still have further to fall. Based on data as of February 15, short sellers kept a big bet on Citigroup (C). Share short in AIG (AIG)...
According to Reuters, Obama is pushing for a new health-care plan which will take ten years to fully take effect. Reuters says Obama is pushing for quick Wall St. reform. Reuters reports that...
According to Reuters, Obama set out his goals in an address before Congress. Reuters reports that UAW leaders are urging members to vote for the new Ford (F) contract. Reuters reports that The San...
American International Group (AIG) Needs more government funding. Down to $.38 from 52-week high of $52.25. Office Depot (ODP) Posts a loss for the last quarter. Plunges to $1.02 from 52-week high of...
According to Reuters, JPMorgan (JPM) cuts its dividend. Reuters reports that AIG (AIG) got bids from Met Life and Axa for its life unit. Reuters says that healthcare spending is taking a higher...
Management at AIG (AIG) has calculated exactly how much money the Treasury and Fed will have access to after all of the TARP, financial stimulus, and mortgage bailout projects have been funded. The...
Intel (INTC) Tech loses its immunity. Concerns about PC and server sales. Drops to $12.05 from 52-week high of $25.29. Schwab (SCHW) Retail traders fleeing the market? Falls to $12.10 from 52-week...
There is a fear in America today, and it is a real one.  It is part of the reason you keep seeing destruction of value in the stock market every day.  That growing fear is the new “N” word. ...
According to Reuters, Congress and The White House are working on the final stimulus package. Reuters reports that Wall St CEOs will defend their use of bailout money before Congress. Reuters reports...
Skechers (SKX) Big loss and analysts cuts. The daily double. Drops to $7.11 from 52-week high of $25.20. AIG (AIG) Report says government investment in the company is a bust. Sells down to $.90 from...