Ahead of the long-awaited $9 billion stock offering for American International Group Inc. after the close Tuesday, we figured we’d just have a look at how the shares have performed this year. And it’s ugly. The stock is down some 38% …
WASHINGTON -- The government says it expects to receive $750 million more from the latest sale of stock held in American International Group. The sales are part of an effort to recoup taxpayer money from the largest bailout of …
WASHINGTON -- The government's sale of American International Group Inc., stock will generate an additional $2.7 billion to boost the profit to U.S. taxpayers to $15.1 billion on the insurance giant's bailout, the Treasury Department …
American International Group, Inc. (NYSE:AIG) today announced the following actions taken by its Board of …
The stock of American International Group Inc. AIG seems to be in rough waters. The company is struggling with property and casualty market challenges that are dragging down revenues of one of its most important segment - …
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In a statement on Monday, the Treasury said it launched an underwritten public offering for AIG's remaining 234.2 million shares of common stock. The Treasury shares were priced at $32.50, according to sources familiar with the situation. …
while AIG has tumbled more than 59%. Richard Staite, analyst with Atlantic Equities, said there were two main catalysts for Monday's selloff in Bank of America's stock. First, the slump in Bank of America's stock is being triggered by …
NEW YORK (Ben Berkowitz and Clare Baldwin) - American International Group and the Treasury on Wednesday said they will sell around $9 billion in AIG stock, but sources familiar with the situation said the Treasury would pull the sale …
(Reuters) - The U.S. government cut its stake in American International Group Inc to about 21.5 percent on Monday, making a profit of $12.4 billion on the insurer’s crisis-era bailout and bringing the unpopular rescue closer to its end. The …
AIG ended up using about $125 billion of the promised money; with loans repaid and the stock sold, the government got all the money back — plus $22.7 billion. The initial bailout terms were made over the protests of Greenberg, who was shut …