American International Group News

American International Group Inc has made tangible progress on its restructuring plan and will likely be able to repay the government's loan and much of its preferred equity stake, Moody's Investors Service said on Monday.

The direction of American International Group for speculative investors rode largely on third-quarter results.

American International Group may be a shadow of its former self but for the second straight quarter it has posted a profit.

Mr. Marron, who now runs private-equity firm Lightyear Capital, sees a "big opportunity for growth" with his acquisition of three broker-dealers from ING Bloomberg After months of pursuit, Donald Marron finally landed a broker-dealer network, and the former chairman and chief executive of PaineWebber Group Inc.

Boston Scientific Corp. /quotes/comstock/13*!bsx /quotes/nls/bsx said Friday that it has agreed in principle to settle an investigation with the Department of Justice for $296 million.

The expected sentencing this week of a Connecticut investor for conspiring to bribe foreign government officials highlights an emerging area of concern for directors and officers liability insurers and policyholders, observers say.

AIG, the giant insurer bailed out by the U.S. government, posted its second straight quarterly profit, helped by recovery in the value of its investments, but its underlying business remained weak and its shares fell.

Citigroup Inc said on Friday that new accounting rules for securitization trusts may prevent the bank from funding some of its assets with a top debt rating.

TWO YEARS AGO, ON NOV. 7, 2007, CISCO Systems CEO John Chambers sent shivers through the stock market, warning the company had seen signs of slowing demand from the U.S. enterprise sector.

Nov. 6 -- American International Group Inc., the insurer bailed out by the U.S., fell the most in two months in New York trading after posting sales declines at its property-casualty and life insurance divisions.

WASHINGTON - Consumers borrowed less for a record eighth straight month in September amid rising unemployment and tight credit conditions.

American International Group Inc. also said the amount of its government financial assistance dropped by 4 percent during the third quarter.

The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange: NYSE: American International Group Inc., down $3.80 at $35.48 The insurance company had a profitable quarter as the value of its investments rose, but the CEO warned that future results will be choppy.

Stock futures are holding steady as investors await the government's report on October employment.The report from the Labor Department is considered a key gauge of the health of consumer spending, a major component of economic activity.

Jim thinks that one of his colleagues could be involved in a med student's disappearance; and Melinda worries when Aiden mentions that he's afraid of "the shadows." Medium After her car is damaged, Allison rents an SUV, which contains a mysterious satellite radio that gives her the ability to receive other people's real conversations.

Friday, November 06 12:27:45 American International Group, the insurer bailed out by the U.S. government, posted its second-straight quarterly profit on Friday, helped by recovery in the value of its investments.

Among the shares expected to see active trade in Friday's session are those of American International Group Inc., Blackstone Group LP, and Scripps Networks Interactive Inc.

When Maurice "Hank" Greenberg has been in the news during the past five years, the story usually has been about AIG , the company he built into an insurance conglomerate and headed until his ouster in 2005.

Kenneth Feinberg has his work cut out for him. The Special Master for Troubled Asset Relief Program Executive Compensation told the general press on Monday that he and his staff were reviewing the 2010 pay packages for the top 25 officials at each of the seven firms, including American International Group , that took TARP funds.

A major shake-up is underway in the insurance industry, with key assets coming on the market across the globe as the fallout from the financial crisis continues.