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Stock Market & Financial Investment News

News Breaks
November 19, 2012
10:58 EDTAIGJudge dismisses Greenberg's lawsuit against N.Y. Fed, WSJ says
A federal judge dropped Starr International's $25B lawsuit over the government's handling of the bailout of American International Group (AIG), says the Wall Street Journal. Starr is run by former AIG CEO Maurice "Hank" Greenberg. Reference Link
News For AIG From The Last 14 Days
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June 19, 2013
06:15 EDTAIGAIG price target raised to $56 from $52 at Deutsche Bank
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05:58 EDTAIGILFC selects Pratt & Whitney PurePower engines for additional 30 A320neo aircraft
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05:56 EDTAIGPratt & Whitney to provide PurePower engines on ILFC order
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05:53 EDTAIGAerolíneas Argentinas to lease four A330-200s from ILFC
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June 18, 2013
10:48 EDTAIGAIG subsidiary expands order for LEAP-1A engines
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07:21 EDTAIGAIG ILFC sale could be terminated, says Bernstein
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June 17, 2013
08:02 EDTAIGAIG extends deadline for ILFC sale deal, can solicit other offers
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07:15 EDTAIGILFC signs LOI to purchase 50 Embraer E-Jets E2 aircraft
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06:24 EDTAIGAIG subsidiary ILFC to purchase 50 incremental A320neo aircraft from Airbus
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June 16, 2013
21:30 EDTAIGILFC said to be set to order $5B worth of Airbus jets, Reuters reports
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June 13, 2013
08:38 EDTAIGAIG management to meet with Deutsche Bank
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June 12, 2013
09:17 EDTAIGAIG management to meet with Deutsche Bank
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June 7, 2013
08:17 EDTAIGPIMCO supports BofA's $8.5B mortgage settledment, Bloomberg reports
Bank of America's (BAC) $8.5B mortgage-bond settlement is “outstanding” for investors, says Kent Smith, an executive VP at Pimco who helped negotiate the agreement, and who testified in a trial over the agreement, reports Bloomberg. The settlement was reached after an investor group that included Pimco and BlackRock (BLK) at first demanded $12B. The accord resolves claims from Countrywide Financial mortgage-bond investors over loans bundled into securities. AIG (AIG) is fighting the settlement, saying Bank of America isn’t paying enough to compensate investors. Reference Link
June 5, 2013
10:07 EDTAIGOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Audience (ADNC) initiated with a Hold at Benchmark Co.... Bank of Ireland (IRE) initiated with an Underweight at HSBC... Ellie Mae (ELLI) initiated with an Outperform at FBR Capital... Haemonetics (HAE) initiated with an Outperform at William Blair... Jive Software (JIVE) initiated with a Buy at Janney Capital... Northern Tier (NTI) initiated with a Buy at Citigroup... Workday (WDAY) initiated with a Market Perform at FBR Capital... Carlyle Group (CG) initiated with a Buy at Sandler O'Neill... XL Group (XL) initiated with a Neutral at Nomura... Travelers (TRV) initiated with a Neutral at Nomura... Marsh & McLennan (MMC) initiated with a Neutral at Nomura... Aon plc (AON) initiated with a Neutral at Nomura... Allstate (ALL) initiated with a Neutral at Nomura... AIG (AIG) initiated with a Neutral at Nomura... ACE Ltd. (ACE) initiated with a Buy at Nomura... Progressive (PGR) initiated with a Reduce at Nomura... First Solar (FSLR) coverage assumed with a Sell at Maxim... Jive Software (JIVE) reinstated with a Neutral at Credit Suisse... Standard Pacific (SPF) initiated with a Buy at BofA/Merrill... Axiall (AXLL) initiated with a Buy at BofA/Merrill.
09:19 EDTAIGAIG reports escrow agent received deposit for ILFC deal
American International Group disclosed in a regulatory filing that on June 5 its Escrow Agent advised AIG that it had received the Deposit Amount related to the Share Purchase Agreement, dated as of December 9, 2012, by and among AIG, its subsidiary AIG Capital, and Jumbo Acquisition Limited related to the purchase up to 90.0% of International Lease Finance Corporation’s common stock.
08:26 EDTAIGAIG initiated with a Neutral at Nomura
06:09 EDTAIGAIG says $8.5B settlement with BofA not big enough, Reuters reports
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