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Stock Market & Financial Investment News

News Breaks
December 7, 2012
16:06 EDTAIGAIG sees preliminary estimate of losses from Hurricane Sandy about $1.3B
American International Group announced that its preliminary estimate of AIG's after-tax losses related to Storm Sandy, net of reinsurance, will total approximately $1.3B. This estimate reflects a pre-tax loss estimate, net of reinsurance, totaling approximately $2B. AIG expects to make a capital contribution to its U.S. property casualty insurance subsidiaries of $1B from existing, readily available funds. In 2012, AIG Property Casualty has paid dividends to AIG Inc. totaling $2.4B. As of September 30, AIG Property Casualty's equity totaled $49.6B, and AIG Inc.'s equity totaled $102.4B.
News For AIG From The Last 14 Days
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August 18, 2014
07:15 EDTAIGAIG ramps up lobbying in Washington, Reuters reports
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August 14, 2014
17:08 EDTAIGSoros Fund Management gives quarterly update on stakes
NEW STAKES: CONSOL Energy (CNX), Google (GOOG), Level 3 (LVLT), Time Warner (TWC), and New Oriental (EDU). INCREASED STAKES: YPF SA (YPF), Apple (AAPL), Facebook (FB), AIG (AIG), and American Airlines (AAL). DECREASED STAKES: Teva (TEVA), Liberty Global (LBTYK), Barrick Gold (ABX), EQT (EQT), and Comcast (CMCSA). LIQUIDATED STAKES: FedEx (FDX), Monster Beverage (MNST), Google (GOOGL), Devon Energy (DVN), Marathon Petroleum (MPC).
12:58 EDTAIGJANA Partners gives quarterly update on stakes
NEW STAKES: Apache (APA), FMC Corp (FMC), Civeo (CVEO), PetSmart (PETM), and Charter Communications (CHTR). INCREASED STAKES: Actavis (ACT), AIG (AIG), Mallinckrodt (MNK), HD Supply (HDS), and American Capital (ACAS). DECREASED STAKES: Liberty (LVNTA), Oil States International (OIS), eBay (EBAY), Liberty Media (LMCA), and Liberty Interactive (LINTA). LIQUIDATED STAKES: Sirius XM (SIRI), Juniper (JNPR), Golar LNG (GLNG), Outerwall (OUTR), and Teva (TEVA).
August 13, 2014
06:11 EDTAIGTwo AIG executives leaving for Berkshire Hathaway, WSJ reports
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