The stock price of property and casualty insurer, American International Group, Inc. AIG, has plunged 6% year to date, significantly underperforming the Zacks categorized Insurance Multi Line industry's 0.3% gain. Stock price largely …
Marshall Hargrave: Shares of insurer American International Group (NYSE:AIG) are now down more than 10% since activist investor Carl Icahn first pitched his thesis for splitting up the company back in October. However, he now has …
AIG used to be the company (and stock) we all loved to hate. The insurer needed a massive taxpayer-funded bailout in 2008 to stay alive. And even with the government's help, many investors thought that AIG would never fully recover. But …
Shares or Warrants? On January 19, 2021, If the stock price is above $76.89, the warrants on a percentage basis will be more profitable. At that price, both will give a return of 127%. AIG will have to return 16%+ a year for the warrants to be …
AIG broke a new record this week by selling $20.7 billion of stock. The sale of Treasury stock from the insurer’s 2008 bailout was the largest U.S. follow-on in history, according to Thomson Reuters. By increasing its initial $18 billion sale, …
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 …
This is Part I of a series of articles discussing the returns on common stock and TARP warrants for a few financial institutions relative to the institution's book value. During the crisis, AIG (NYSE:AIG) received aid from the government …
NEW YORK (CNNMoney.com) -- AIG's stock closed at $47.84 on Thursday. At the start of the month, shares were trading at a mere $13.14. What's going on here? AIG's stock has nearly quadrupled in August, but the company is no closer to …
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 …