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Stock Market & Financial Investment News

News Breaks
February 10, 2013
13:10 EDTCEO, AIG, NXY, GNOM, AONEChines firms expand investments in U.S., WSJ says
Even though major U.S. companies are essentially unattainable to Chinese buyers, deals are getting done on smaller companies like Wanxiang Group's recent purchase of A123 Systems (AONEQ) and China's BGI-Shenzhen purchase of Complete Genomics (GNOM), says the Wall Street Journal. adding that the largest China-U.S. deal announced in 2012, the sale of 80.1% of AIG's (AIG) aircraft leasing business, International Lease Finance to a consortium of Chinese financial-services firms still need approval by U.S. regulators. Reference Link
News For AONE;NXY;CEO;GNOM;AIG From The Last 14 Days
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June 30, 2015
05:32 EDTCEOCNOOC Bozhong 28/34 oilfields comprehensive project commences production
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June 25, 2015
11:50 EDTCEOAnadarko, Jera in talks over Mozambique long-term gas import deal, Reuters says
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June 24, 2015
17:57 EDTAIGWall Street applauds Senate giving go-ahead for 'fast track' trade powers
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June 22, 2015
07:34 EDTCEOTullow says it settled capital gains tax dispute with Uganda government
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June 17, 2015
16:21 EDTAIGAres, Varagon establish joint venture for senior secured loans
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June 16, 2015
17:49 EDTAIGStarr International to appeal AIG ruling, WSJ says
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16:22 EDTAIGStarr International to appeal court decision on AIG damages, CNBC says
10:01 EDTAIGOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AIG (AIG) downgraded to Hold from Buy at Deutsche Bank... Alumina (AWCMY) downgraded to Neutral from Outperform at Credit Suisse... Avalanche Biotechnologies (AAVL) downgraded on lack of catalysts at SunTrust... DealerTrack (TRAK) downgraded to Hold from Buy at Craig-Hallum... Greenbrier (GBX) downgraded to Hold from Buy at Stifel... Methode Electronics (MEI) downgraded to Neutral at Baird... Profire Energy (PFIE) downgraded to Hold from Buy at Maxim... Standard Pacific (SPF) downgraded to Neutral from Outperform at Credit Suisse... The Fresh Market (TFM) downgraded to Sell from Neutral at Northcoast... Twitter (TWTR) downgraded to Neutral at MKM Partners on stalled user growth... United Natural Foods (UNFI) downgraded to Hold from Buy at Argus... United Rentals (URI) downgraded to Underperform from Neutral at Macquarie.
08:51 EDTAIGCourt decision removes AIG overhang, says Bernstein
After a judge ruled that the government's bailout of AIG was illegal but awarded no damages, Bernstein says that AIG will most likely not have to pay any damages as a result of the lawsuit. The firm believes that the decision is a significant positive catalyst for the stock, It keeps a $65 price target and Outperform rating on the shares.
07:11 EDTAIGSurprise AIG ruling may make future bailouts unlikely, even if needed, NYT says
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06:39 EDTAIGAIG downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank analyst Joshua Shanker downgraded AIG to Hold citing valuation with the stock near his price target of $64. Yesterday's Starr court decision removes some overhangs, and the stock is "not without positive catalysts," Shanker tells investors in a research note. Nonetheless, the analyst thinks outperformance in the first half of 2015 has brought the stock around the levels where it will be trading at this time next year. Shares of AIG closed yesterday up 69c to $62.58.

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