(SOLR) Increase Odds of Positive Earnings Surprises
Surprises are, by definition, unexpected. However, since we know that companies that report better-than-expected earnings tend to see their share prices rise after the announcement, and those that...
View Article(AIG) New York Federal Reserve Reports Earnings of $4.68 Billion from AIG...
The New York Federal Reserve (Fed) has reported that it earned about $4.68 billion from American International Group Inc.’s (
View Article(AIG) Company News for August 8, 2011 – Corporate Summary
• LinkedIn Corporation Class A Co (NYSE:LNKD) said it had earned profits for the second quarter in its first earnings report after it became a publicly traded company. The company reported adjusted...
View Article(AIG) American International Group Misses Expectations – Rebound to Come
American International Group Inc. (AIG) reported second quarter operating earnings of 69 cents per share that lagged both the Zacks Consensus Estimate of $1.15 per share and $1.18 per share reported in...
View Article(AGII) Company News for August 9, 2011 – Corporate Summary
• Share prices of America’s biggest bank, Bank of America Corp. (NYSE:BAC) fell 20.32% after a report in the New York Times said that American International Group, Inc. (NYSE:AIG) has filed a suit...
View Article(AA) Stock Market News for August 10, 2011 – Market News
An unprecedented step by the Federal Reserve to keep the interest rate near zero for another two years returned cheer to the markets as the Dow soared up by 429 points. The Street finally enjoyed one...
View Article(AIG) American International Group Dropped to Underperform
We downgraded our recommendation on American International Group Inc. (AIG) to Underperform from Neutral based on the critical sustainability factor given the weak global cues, sluggish insurance...
View Article(AIG) American International Group – Bear of the Day
We are downgrading our recommendation on American International Group (AIG) to Underperform on weak global cues, sluggish insurance dynamics and consistent cash outflow. The lock-in period for stock...
View Article(AIG) American International Group Offers Notes Worth $2 Billion
Yesterday, American International Group Inc. (AIG) vended off senior unsecured floating-rate notes worth $2.0 billion in a two-part offering. Accordingly, one part of senior unsecured notes is valued...
View Article(HIG) Hartford Financial Services Group Records High Third Quarter CAT Loss
Yesterday, Hartford Financial Services Group Inc. (HIG) announced that the devastation caused by Hurricane Irene will lead to substantially high catastrophe (CAT) losses in the third quarter of 2011....
View Article(MCO) Insurance Industry Stock Update – September 2011 – Industry Outlook
Despite a series of natural disasters and consequent above-average losses, the U.S. insurance industry could rebound only with help from rising rates and reduced pricing pressure. Though financials of...
View Article(AIG) American International Group Loss Soars on Weak Dynamics
American International Group Inc. (AIG) reported third quarter operating loss per share of $1.60, which came in way higher than the Zacks Consensus Estimate of a loss of 8 cents and 84 cents reported...
View Article(AIG) American International Group – Bear of the Day
American International Group’s (AIG) third-quarter loss came in significantly worse than the Zacks Consensus Estimate and year-ago quarter based on weak global cues, sluggish insurance dynamics and...
View Article(BKYF) U.S. TARP Becomes More Profitable
With the reimbursement of $210 million of bailout money by Bank of Kentucky Financial Corp. (BKYF) and First Midwest Bancorp Inc. (FMBI), the U.S. Treasury has recovered nearly $258 billion from the...
View Article(MET) MetLife Alters Regional Segregation
To provide a better reflection of its global presence, MetLife Inc. (MET) will undergo restructuring of its business segments. As a result, the company will now be divided into three geographical...
View Article(AIG) TARP Continues to Recover Funds
The Treasury has added $12.2 million to its kitty by selling warrants in 17 Troubled Asset Relief Program (TARP) banks that have already repaid the bailout money. This indicates that the Treasury is...
View Article(AIG) American International Group ILFC to Raise $650 Million from Notes
Yesterday, American International Group Inc.’s (AIG) aircraft leasing unit – International Lease Finance Corporation (ILFC) – announced the issue of long term notes worth $650 million. Accordingly, the...
View Article(AIG) American International Group Upped to Neutral
Last week, we upgraded our recommendation on American International Group Inc. (AIG) to Neutral from Underperform based on its improving capital flexibility. Besides, asset disposals and repayment of a...
View Article(PNX) Insurance Industry Stock Update – February 2012 – Industry Outlook
The impact of a series of natural disasters in 2011 and the ongoing economic uncertainty is still quite palpable in the performance of U.S. insurers. These impediments aside, there are fundamental...
View Article(AIG) American International Group to Sell About 13% Stake in AIA
In an attempt to repay the government bailout loan, American International Group Inc. (AIG) disclosed its plans earlier today to raise funds from the part-sale of its left over one-third stake in its...
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