Aig Stories
AIG rallies to fresh high on ILFC report, Fed move
American International Group shares rose nearly 7 percent to a one-year high on Wednesday on news that it could reap billions of dollars from asset sales in the near future.
Analysis: How AIG will - or won't - generate a bailout profit
CEO Bob Benmosche says U.S. taxpayers will earn up to $10 billion on the $182 billion rescue of American International Group , the insurance company he runs. Of course, that depends on how one defines profit.
AIG CEO: Taxpayers will profit on bailout
AIG expects American taxpayers to end up with a profit of $5 billion to $10 billion on the company's 2008 rescue when all is said and done, the chief executive of the bailed-out insurer said on Monday.
AIG says repaid government $1.5 billion
American International Group said on Thursday it has repaid the Treasury its remaining $1.5 billion preferred equity investment, but the insurer still owes taxpayers an estimated $45 billion for the bailout it received during the financial crisis.
AIG says repays U.S. government $1.5 billion
American International Group said on Thursday it has repaid the U.S. Treasury its remaining $1.5 billion preferred equity investment, but the insurer still owes taxpayers an estimated $45 billion for the bailout it received during the financial crisis.
AIG says repays government $1.5 billion
American International Group said on Thursday it has repaid the Treasury its remaining $1.5 billion preferred equity investment, but the insurer still owes the government and Federal Reserve $45 billion for the bailout it received during the financial crisis.
Gold Miners Say Mali Coup Not an Issue For Them
A coup d'etat currently underway in Mali is not affecting gold production there, miners in the country are saying, as events related to the military uprising seem confined to the country's capital, hundreds of miles away from where gold deposits are located.
Jeb Bush 'Stupidly' Endorses Mitt Romney
Walt Osterman is the author of Not Home Yet: A Tale Concerning Israel's Rebirth. He served in Vietnam and is a Bronze Star recipient. He lives in Wyoming.
Banks eye AIG toxic assets held by NY Fed: WSJ
Several banks including Goldman Sachs have shown an interest in buying American International Group Inc's complex and troubled assets tied to the insurer's bailout, the Wall Street Journal said, citing people familiar with the matter.
Top After Market NYSE Movers (FTK, CCI, CYH, EP, GCA, HOV, HRB, JNY, AIG, SPF, NNN, TXI)
The top aftermarket NYSE gainers Wednesday were: Flotek Industries, Crown Castle International Corp, Community Health Systems, El Paso Corp, Global Cash Access Holdings and Hovnanian Enterprises. The top aftermarket NYSE losers were: H&R Block, Jones Group, American International Group, Standard Pacific Corp, National Retail Properties and Texas Industries.
U.S. Treasury to Sell $7 Billion AIG Shares
The U.S. Treasury is seeking to raise $6 billion by selling shares of American International Group Inc. (AIG), the insurer that was rescued in 2008.
Treasury Selling $6B In AIG Stock
The Treasury Department plans to sell $6 billion of American International Group stock and struck another deal for the insurer to pay down $8.5 billion more in obligations, taking a major step forward in an election year to unwind the unpopular crisis-era bailout.
U.S. to sell $6 billion in AIG stock
The Treasury Department said on Wednesday it will sell $6 billion worth of American International Group stock and struck another deal for the insurer to pay down $8.5 billion more in obligations, taking a major step forward in an election year to unwind the unpopular crisis-era bailout.
Treasury to sell $6 billion in AIG stock
The Treasury Department plans to sell $6 billion of American International Group stock and struck another deal for the insurer to pay down $8.5 billion more in obligations, taking a major step forward in an election year to unwind the unpopular crisis-era bailout.
Treasury to sell $6 billion in AIG stock
The Treasury Department said on Wednesday it will sell $6 billion worth of American International Group stock and struck another deal for the insurer to pay down $8.5 billion more in obligations, taking a major step forward in an election year to unwind the unpopular crisis-era bailout.
AIA shares slide after $6 billion AIG selldown
Shares in AIA Group Ltd had their second-biggest one-day percentage fall on Tuesday after its former parent, American International Group ), raised about $6 billion by selling shares at the bottom end of the marketing range.
AIG raises $6 billion via bottom-of-range AIA stake selldown
- American International Group raised about $6 billion by cutting its AIA Group stake in a deal that was priced at the bottom of the bailed-out U.S. insurer's own expectations.
AIG Raises $6B in Sale of AIA Stake
American International Group raised $6 billion through the sale of its stake in AIA Group, a move that allows the U.S. insurer to repay part of its government bailout.
AIG to Sell Slice of Asian Unit for about $6B to Pay Off U.S.
American International Group, Inc. (NYSE:AIG) tagged Hong Kong investors in its Asian unit with a nasty surprise Sunday evening, announcing it will be selling a substantial amount of its stake in the subsidiary at a discount -- a move that will hurt current stockholders in the concern. AIG is pursuing the action in order to raise $6 billion, a small amount of the $182.3 billion bailout it received from the U.S. government in 2008 and is still to pay back in full.
AIG selling $6 billion of AIA shares, to repay bailout
American International Group is selling part of its stake in AIA Group to raise about $6 billion to help the U.S. insurer repay a huge federal government bailout.
AIG Selling 6 Billion of AIA Shares, to Repay Bail-out
American International Group is selling part of its stake in AIA Group to raise about $6 billion to help the U.S. insurer repay a huge federal government bail-out.
AIG selling billion of AIA shares, to repay bail-out
American International Group is selling part of its stake in AIA Group to raise about $6 billion to help the U.S. insurer repay a huge federal government bail-out.
AIG Plans to Raise $6 Billion by Selling AIA Shares
American International Group Inc. (AIG) has stated that it has started selling shares of AIA Group Ltd, listed in Hong Kong, for raising $6 billion, in order to repay the bailout it received from the U.S. government in 2008.
Insurer AIG selling AIA shares, to raise about $6 billion
American International Group is looking to raise about $6 billion by selling part of its stake in Asia subsidiary AIA Group Ltd in a long-awaited move to help the bailed-out U.S. insurer repay the federal government.
AIG to raise about $6 billion from AIA stake
American International Group is looking to raise about $6 billion by selling part of its stake in Asia subsidiary AIA Group Ltd in a long-awaited move to help the bailed-out U.S. insurer repay the federal government.
AIG sells shares of AIA Group to investors
Bailed-out insurer American International Group Inc has announced the sale of shares of Hong Kong-based AIA Group Ltd by means of a placing to certain institutional investors.
U.S. seeks dismissal of lawsuit on AIG takeover
The U.S. government has asked a court to dismiss a lawsuit relating to its 2008 takeover of American International Group that was filed by a company run by former AIG Chief Executive Maurice Greenberg, court documents showed.
S&P 500 Hits Highest Level Since '08 on Economic Data; Dow Touches 13,000
Buoyed by another round of better-than-expected economic data, the Standard & Poor's 500 advanced above its highest close since June 2008. Optimism on the economy also lifted the Dow Jones Industrial Average back above 13,000.
Wall St flat, rally may be vulnerable
Stocks were little changed on Friday, hovering around highs not seen since June 2008, while energy shares gained alongside crude oil prices.
Futures Suggest Higher Open for US Stocks Friday
U.S. stock index futures pointed to a slightly higher open for equities on Friday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 rising 0.1 percent to 0.2 percent.