American International Group Inc
NYSE: AIG
$76.45
+$0.68 (+0.9%)
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AIG Articles
According to Reuters, housing and consumer confidence both suffered record drops. Reuters reports that GMAC eased lending rules after the government provided it with $6 billion. Reuters reports that...
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A Bloomberg review of the S&P 500 stocks shows that the fourth quarter of 2008 will probably be the sixth quarter of declining earnings. According to the news service, "Fourth-quarter profit at...
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According to Reuters, as investors moved to cash, oil has come down, but that is not likely to last. Reuters writes that data from MasterCard (MA) shows holiday spending may have dropped as much as...
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If investors had a notion that short sellers were going to stay in big financials, they were wrong. Short interest in the weakest companies in the sector dropped. Shares short in Citigroup (C) fell...
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According to Reuters, Japan’s recession deepened as its exports fell sharply. Reuters reports that Ireland will spend $7.7 billion to bailout its largest banks. Reuters reports that Toyota (TM)...
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A lot of fairly well-known public companies either disappeared or went bankrupt this year. Circuit City is on the list. Based on the most recent news GM may get added soon. 24/7 Wall St. looked at...
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America is short on czars. The ones in charge of energy, the war on drugs, intellectual property, and, perhaps, cars are not enough. The one segment of the economy that has needed a czar more than...
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According to Reuters, retail sales will probably drop further after the holidays. Reuters reports that the shock waves of the Madoff scandal are spreading around the financial world. Reuters writes...
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The Nasdaq and NYSE have all sorts of rules about what a company has to have in terms of total shareholders, stock price, and balance sheet ratios to get listed. Both operations also have regulations...
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American International Group, Inc. (NYSE: AIG) is trying to correct or refute the article that appeared today in The Wall Street Journal saying it still has some $10 billion in undisclosed...
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24/7 Wall St. will name its annual CEO of the Year later this week. The executive will be picked from a field of ten which we will profiled over the last ten days. The CEOs are chosen on the basis of...
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Cutting jobs is one thing. Going out of business is another. As it becomes clear that millions of jobs will be lost by companies which are weak but will probably make it through the recession, the...
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Thornburg Mortgage (TMA) was just suspended from trading on the NYSE. Its price has been below $1 for too long. It trades at $.24. Extraordinary, because it 52-week high is $140.50. Losses and fear...
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According to Reuters, car company executives went before Congress and pleaded for billions of dollars. Reuters reports that governments are bracing for a long crisis ahead. Reuters reports that...
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According to Reuters, a bailout of US car companies gained support in Congress as GM (GM) and Chrysler said they needed money immediately to stay in business. Reuters reports that Merrill will cut...
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