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Stock Market & Financial Investment News

News Breaks
December 17, 2012
19:36 EDTAIGAIG prices entire remaining stake of AIA Group
American International Group announced that it has priced the sale in Hong Kong of approximately 1.65B ordinary shares of AIA Group Limited by means of a placing to certain institutional investors. This represents all of the AIA ordinary shares owned by AIG. Upon the closing of the placing, which is scheduled for December 20 in Hong Kong, and is subject to customary closing conditions, AIG will receive gross proceeds of approximately $6.45B, based upon a purchase price of HK$30.30, approximately $3.91, per share. AIG expects to use the net proceeds from the placing of AIA ordinary shares for general corporate purposes.
News For AIG From The Last 14 Days
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April 9, 2014
07:02 EDTAIGAIG poised to surge this year, says Bernstein
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April 8, 2014
06:04 EDTAIGStocks with implied volatility movement; WFM AIG
Stocks with implied volatility movement; Whole Foods (WFM) 33, AIG (AIG) 24 according to iVolatility.
April 7, 2014
07:03 EDTAIGAIG loss ratio to continue to improve, says Bernstein
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April 4, 2014
07:21 EDTAIGAIG sues NY regulator over investigation of insurance marketing, Reuters says
AIG said it is suing the New York State Department of Financial Services and its superintendent, Benjamin Lawsky, to force them to back off a threatened expensive enforcement proceeding over possible violations of state law by a former unit, reported Reuters. Reference Link
April 3, 2014
06:55 EDTAIGAIG shares can double or more, says Bernstein
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