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Stock Market & Financial Investment News

News Breaks
January 11, 2013
18:43 EDTAIGAIG sues Federal Reserve over lawsuit rights, WSJ reports
AIG (AIG) has filed a lawsuit against a Federal Reserve Bank of NY vehicle, Maiden Lane II, that was established to hold some of the company's mortgage assets as part of its government bailout, according to a Wall Street Journal report. The report says that AIG did not ask for a payout as part of the suit, but asked that the court clarify the contract in terms favorable to the company. 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).
November 6, 2014
11:29 EDTAIGFinancial Stability Board updates list of global systemically important insurers
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10:54 EDTAIGGenworth sinks after raising reserves, taking goodwill impairments
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09:17 EDTAIGInvestor sentiment towards AIG overly negative, says BMO Capital
BMO Capital believes that AIG delivered "fairly solid" Q3 results, while investor sentiment towards the name appears to be rather negative. The firm does not believe that the company is facing any systemic challenges to its continued improvement and keeps an Outperform rating on the shares.
07:53 EDTAIGPepsi, Amazon among many said to have secret Luxembourg tax deals, ICIJ reports
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