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Stock Market & Financial Investment News

News Breaks
January 9, 2013
10:15 EDTAIGAIG management says will not join suit against U.S., Gasparino says
Members of AIG's management are saying "no way" the company will join a lawsuit against the government over its bailout, but was legally obligated to "consider" joining the lawsuit, according to Twitter posts from Charles Gasparino of Fox Business. Gasparino added that an official decision is "imminent" from AIG. 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

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