AIG (NYSE:AIG) reported weak fourth quarter earnings on Tuesday, with its net loss crossing $3 billion on a larger than expected pretax charge of $5.6 billion to boost reserves for future claims. The company’s revenues fell 6% to $13 billion …
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American International Group, Inc. (NYSE:AIG) today announced that its Board of Directors declared a quarterly dividend of $0.32 per share on AIG Common Stock, par value $2.50 per share. The dividend is payable on September …
WASHINGTON (AP) — The Treasury Department said Wednesday it is selling $6 billion worth of the $41.8 billion in common stock it holds in insurance giant American International Group Inc., which received the biggest bailout of …
Once left for dead, shares of bailed-out American International Group Inc. have defied critics and rallied to become one of the market's top performers in 2010. On Tuesday, AIG's publicly traded shares closed 45 cents lower at $58.93, …
Shares of American International Group Inc. rallied 2.4% in after-hours trade Wednesday, after the insurance company reported a second-quarter profit that beat expectations. Net income rose fell to $1.13 billion, or $1.19 a share, from …
It was American International Group accounting change blunders in 2005 that hurt the company's stock, not any misdeeds on his part, AIG's ousted chairman and chief executive officer, Maurice Greenberg, argues in new court …
A: It's strange, but true. You've lost money on AIG even though the share price has risen. The reason? The troubled insurance company performed a 20-for-1 reverse stock split after the market closed June 30. In a reverse stock split, a …