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Stock Market & Financial Investment News

News Breaks
January 8, 2013
06:43 EDTAIGAIG may join lawsuit against U.S. government over rescue, NY Times reports
AIG's (AIG) board will meet tomorrow to consider whether to join a $25B shareholder lawsuit against the U.S. government, according to the New York Times, which cited court records. The plaintiffs are claiming that the government's rescue of the insurer took tens of billions of dollars from shareholders and violated the Fifth Amendment which prohibits the government from taking private property without just compensation, the newspaper reported. Reference Link
News For AIG From The Last 14 Days
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November 14, 2014
17:13 EDTAIGAppaloosa gives quarterly update on stakes
NEW STAKES: NXP Semiconductors (NXPI), Lorillard (LO), Alibaba (BABA), and Shire (SHPG). INCREASED STAKES: Whirlpool (WHR), Priceline (PCLN), Delta (DAL), CBS (CBS), and General Motors (GM). DECREASED STAKES: American Airlines (AAL), Disney (DIS), Apple (AAPL), MGM Resorts (MGM), and Eastman Chemical (EMN). LIQUIDATED STAKES: Expedia (EXPE), AIG (AIG), Prudential (PRU), Celanese (CE), and ASML Holding (ASML).
16:58 EDTAIGThird Point gives quarterly update on stakes
NEW STAKES: Alibaba (BABA), eBay (EBAY), Bed Bath & Beyond (BBBY), Shire (SHPG), and Parker Hannifin (PH). INCREASED STAKES: Actavis (ACT), Amgen (AMGN), EQT (EQT), Sensata (ST), Coca-Cola Enterprises (CCE). DECREASED STAKES: Williams Cos (WMB), Ally Financial (ALLY), Cheniere Energy (LNG), YPF (YPF), and FedEx (FDX). LIQUIDATED STAKES: AIG (AIG), T-Mobile (TMUS), Rackspace (RAX), Hertz (HTZ), and Citrix Systems (CTXS).

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