American International Group Inc

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

AIG Articles

According to Reuters, Democrats say that the Senate will pass the stimulus bill today. Reuters reports that Moody’s cut Toyota’s (TM) rating for the first time in 10 years. Reuters writes that...
According to Reuters, Wall St. workers face a bleak future. Reuters reports that the Senate has agreed to a soft "buy America plan." Reuters reports that the government needs an investment plan for...
Pendulums often swing too far in either direction.  It has been shown that complete deregulation or total self-regulation leads to "Big Business Gone Wild."  And now the pendulum in regulation over...
Marshall & Ilsley (MI) Dragged down by big drop in financial sector. Hits a low of $3.47 off a 52-week high of $29.97. SunTrust Banks (STI) Credit concerns cause big sell-off in regional banks....
The federal government has put $150 billion into rescuing AIG (AIG), which was once the most profitable insurance company in the world. With financial relationships linking it to banks and brokerages...
AIG (AIG) will make $450 million in payments to workers at it derivatives unit to make sure that they don’t leave. “I was extremely disappointed — but not surprised — to learn that AIG will...
According to Reuters, American Express (AXP) earnings dropped 72% but still beat expectations. Reuters writes that Geithner was confirmed to be Treasury Secretary. Reuters reports that people lost...
According to Reuters, a House committee advanced the economic stimulus bill. Reuters reports that China’s GDP growth slowed. Reuters reports that exports from Japan dropped sharply. Reuters writes...
The raging debate about the largest American banks is whether their stock market values should be zero. Economist Nouriel Roubini, the most highly paid pessimist in the world, recently said that US...
According to Reuters, Chrysler and Fiat in are in talks about a possible partnership. Reuters reports that Carlos Slim will invest $250 million in The New York Times. Reuters writes that China is...
According to Reuters, Detroit’s efforts to build "green" cars may come too late. Reuters reports that Obama is seeking the $350 billion still left in the TARP. Reuters writes that prosecutors will...
Usually when there are rumors that management is being changed at a company, its shares go up. There are stories flying around Wall St. that the Citgroup (C) chairman Win Bischoff will be pushed out...
Three days ago, Sprint (S) traded at $1.79. Today, it hit $2.32 in early trading, up 30%. AT&T (T) and Verizon (VZ) are down during the same period, to some extent because analysts have expressed...
Financial stocks may have enjoyed sizable bounces from their lows in November and December, but not all analysts are following them up.  The insurrance sector and some of the re-insurance names have...
The management at AIG (AIG) is extremely clever. Every time it runs into trouble paying back the $144 billion credit facilities provided by the federal government, it asks for a change in the terms...