Zibb.com: American International Group (Industry News & Blogs)

American International Group (AIG) NewsBite - AIG Is On The Move ...

Tue, 17 Nov 2009 10:16:18 GMT

American International Group (NYSE: AIG) opened at $35.84. So far today, the stock has hit a low of $35.48 and a high of $36.43. AIG is now trading at $36.06, up $.31 (0.87%). Over the last 52 weeks the stock has ranged from a low of $6.60 to a high of $55.90. AIG shares are rising this morning

Pay Czar to Approve $10.5M for AIG Head

Mon, 05 Oct 2009 15:45:27 GMT

The U.S. Treasury's pay czar is planning to approve a $10.5 million pay deal for the head of American International Group, a source close to the office said.

AIG questions remain despite big run-up

Fri, 28 Aug 2009 14:38:00 GMT

Despite outsized gains for American International Group Inc.’s common stock in recent weeks, the performance of its debentures and preferred stock suggest that more sophisticated investors are unsure about its future, according to a Dow Jones Newswires report.

AIG Turns Profit, Warns of 'Volatility'

Sat, 08 Aug 2009 04:00:00 GMT

American International Group,the insurance giant whose near-collapse threatened to bring down the financial system last year,on Friday reported its first quarterly profit since 2007,attributing the results to steadier performance in some of its businesses but warning that pitfalls could lie ahead...

Business Exchange: AIG

Thu, 06 Aug 2009 17:23:14 GMT

AIG - updated news, articles and reactions. Find AIG blogs, resources and related information for business professionals. AIG, one of the biggest insurance companies in the world, was hit hard by the turmoil in the credit markets in September 2008. After an $85 billion government bailout, news

AIG taps former MetLife chief as CEO: report (Reuters)

Mon, 03 Aug 2009 17:24:26 GMT

Troubled insurer American International Group Inc has chosen former MetLife Inc chief Robert Benmosche as its new CEO, The Wall Street Journal reported, citing people familiar with the matter.

TARP Capital Investments Slow in Late March

Mon, 06 Apr 2009 15:17:38 GMT

The Treasury Department invested another $273.7 million through the Troubled Asset Relief Program from March 20 through March 27 after investing $1.7 billion in the first half of the month. The late-March investments, made through the capital purchase program (CPP), involved one publicly-traded

Lloyds said to review insurance units

Mon, 30 Mar 2009 10:56:00 GMT

Lloyds Banking Group has appointed Deutsche Bank to review its insurance operations, including potential disposals, a person familiar with the matter said on Monday.

Bank of America may increase investment bankers' salaries

Sat, 28 Mar 2009 20:44:23 GMT

The online version of UAE based newspaper Gulf News covering breaking news, polls, opinion, pictures, live weather, sport and features from the seven emirates of the United Arab Emirates (Dubai, Abu Dhabi, Sharjah, Ajman, Umm Al Quwain, Fujairah and Ras Al Khaimah), the Middle East and the world.

AIG Executive Defends Bonuses to Conn. Lawmakers

Thu, 26 Mar 2009 22:23:54 GMT

Stephen Blake, head of human resources for American International Group Inc. financial products group, testifies before the Connecticut state legislature's Banks Committee at the Legislative Office Building in Hartford, Conn., Thursday, March, 26, 2009.

AIG woes could hurt Boeing (Everett Herald)

Thu, 26 Mar 2009 07:11:06 GMT

EVERETT -- A major Boeing Co. customer needs funding from its troubled parent company, American International Group, AIG, or another source to stay afloat. International Lease Finance Corp. warned its future is in jeopardy in a regulatory fil

More Troubled Companies Are Paying Bonuses

Thu, 26 Mar 2009 00:00:00 GMT

About $50 million in retention bonuses will be paid by 19 companies receiving government money, the New York Times reports.

UPDATE 2-Suncor to buy Petro-Canada for $15 bln

Mon, 23 Mar 2009 08:40:34 GMT

* Deal comes after troubled period for Petro-Canada * Suncor paying 28 percent premium in all-share deal * 1.28 Suncor shares of 1 Petro-Canada share (recasts with confirmation of deal, details)

Panel tackles ethics of business

Sat, 21 Mar 2009 03:43:29 GMT

Paul Delva of Fairchild Semiconductor, left, defended the role of corporate boards while Rick Bennett of The Corporate Library said AIG's woes were foreseen.

Wal-Mart Joins the Bonus Ball

Fri, 20 Mar 2009 15:50:00 GMT

Wal-Mart (WMT) plans to award about $2 billion to employees following strong sales. The awards for hourly employees include about $933.6 million in bonuses, $788.8 million in profit-sharing and retir

Judge says Merrill bonus info must be disclosed

Thu, 19 Mar 2009 15:04:00 GMT

A New York state judge on Wednesday ordered Bank of America Corp. to disclose information about bonuses given to employees at Merrill Lynch & Co. just before the bank bought the brokerage company.

New Study Suggests Cholesterol-Lowering Statins Reduce Severe Ast...

Sun, 15 Mar 2009 07:17:26 GMT

Insurance news continually updated from thousands of sources around the net.

Citi Is Urged to Replace Its Chairman

Mon, 12 Jan 2009 04:44:20 GMT

Federal banking regulators are pressing Citigroup to shake up its board and replace its chairman in an effort to restore confidence in the beleaguered financial giant.

New Game Awaits Humbled Hedgies (at TheStreet.com)

Mon, 29 Dec 2008 20:28:58 GMT

Even so, and though their numbers might shrink in the coming months, the surviving hedge funds could emerge stronger than ever.. Check out TheStreet for the latest stock market news and financial investment headlines.

Stocks slip following bleak Toyota profit outlook (AP)

Mon, 22 Dec 2008 19:34:08 GMT

Stocks slip following bleak Toyota profit outlook. - NEW YORK (AP) -- Wall Street began a holiday-shortened week cautiously Monday, slipping as investors reacted to a bleak outlook from Toyota Motor Corp. and disappointing earnings from drugstore operator Walgreen Co.

Stocks slip as Toyota cuts profit outlook

Mon, 22 Dec 2008 17:38:35 GMT

Wall Street began a holiday-shortened week cautiously Monday, slipping as investors reacted to a bleak outlook from Toyota Motor Corp. and disappointing earnings from drugstore operator Walgreen Co.

Business in the courts - The News Journal

Sun, 07 Dec 2008 08:52:19 GMT

Five labor unions have appealed a Florida judge's ruling dismissing a proposed class-action lawsuit over claims AstraZeneca misled consumers about risks associated with its anti-psychotic drug, Seroquel. The appeal was filed this week in the U.S.

More money for AIG

Wed, 26 Nov 2008 13:45:00 GMT

Filed under: Citigroup Inc. (C), Amer Intl Group (AIG), Financial Crisis

Citigroup bailout may assist some homeowners

Tue, 25 Nov 2008 08:00:00 GMT

The government's multibillion-dollar bailout of Citigroup Inc. requires the giant financial services company to lower loan rates for struggling home buyers who are behind on their mortgage payments. Borrowers whose loans are in a $306 billion pool of...

Analysis: Why Uncle Sam rescued Citigroup

Tue, 25 Nov 2008 06:38:00 GMT

Taxpayers may be wondering why they're forking over more money to rescue yet another behemoth, Citigroup.. The answer is that Uncle Sam thinks letting Citi fail is unthinkable.