AIG News 55.80 09/03/2014 04:24:19 American International Group

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NE Ohio Common Pleas Court to Distribute More than $6 Million to Ohio Charities; over 200 Charities Across the State of Ohio Will Benefit
PRWeb - Tue Sep 02, 11:07PM CDT
The Cuyahoga County Common Pleas Court will be distributing more than $6 million to over 200 charities from across the State of Ohio during a ceremony on September 4. The Honor Project Trust emanates from litigation pursued by the Ohio Attorney General's Office in a case captioned State of Ohio, et al. v. American International Group, Inc., et al., Cuyahoga County Court of Common Pleas, Case No. CV 07 633857.

Insurance Equities Scrutiny - American Intl., Hartford Financial Services, Loews, Aon PLC, and Marsh and McLennan Cos
PR Newswire - Tue Sep 02, 8:20AM CDT
The US markets on Friday, August 29, 2014 ended on a positive note as the Dow Jones Industrial Average finished at 17,098.45, up 0.11% and the NASDAQ Composite closed at 4,580.27, up 0.50%. The S&P 500 finished the session 0.33% higher at 2,003.37. During the trading session, all the ten sectors finished on a higher note. The S&P 500 Financials Sector Index ended the day at 313.99, up 0.52%, with the index advancing 4.74% in the previous three months. Investor-Edge has initiated coverage on the following equities: American International Group Inc. (NYSE: AIG), The Hartford Financial Services Group Inc. (NYSE: HIG), Loews Corporation (NYSE: L), Aon PLC (NYSE: AON), and Marsh and McLennan Companies Inc. (NYSE: MMC). Free research on these five companies can be accessed at:

Highwoods Properties Signs 154,000 Square Foot Lease; Launches 203,000 Square Foot Development
Marketwire - Tue Sep 02, 8:15AM CDT
Highwoods Properties, Inc. (NYSE: HIW) will begin development of a LEED-certified, multi-tenant office building located in the Company's Seven Springs development in Nashville's Davidson County's highly-desirable Brentwood submarket, a best business district (BBD). The building is 76% pre-leased to the life insurance division of American International Group, Inc. (NYSE: AIG), and will encompass approximately 203,000 square feet with structured parking.

AIG names Peter D Hancock as president and CEO
M2 - Tue Sep 02, 3:05AM CDT
American International Group Inc (NYSE:AIG), an insurance organisation, disclosed on Monday that as per its succession plan Peter D Hancock has assumed the role of president and chief executive officer (CEO) and also joined its board of directors.

Peter D. Hancock Assumes Role as AIG President and Chief Executive Officer
Business Wire - Mon Sep 01, 7:00AM CDT
American International Group, Inc. (NYSE:AIG) today announced that, in accordance with the company's succession plan, previously disclosed on June 10, 2014, Peter D. Hancock has assumed the role of President and Chief Executive Officer of AIG, and has joined AIG's Board of Directors. Mr. Hancock succeeds Robert H. Benmosche, who retired and now serves as an advisor to AIG.

Technical Updates, Service Deployment, Corporate Citizenship Report, and Financial Results - Research Reports on Morgan Stanley, MasterCard, AIG, AMG and Prospect Capital
PR Newswire - Fri Aug 29, 8:00AM CDT
Today, Analysts Review released its research reports regarding Morgan Stanley (NYSE: MS), MasterCard Inc. (NYSE: MA), American International Group Inc. (NYSE: AIG), Affiliated Managers Group, Inc. (NYSE: AMG) and Prospect Capital Corporation (NASDAQ: PSEC). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6074-100free.

Old Republic International Down to Sell on Weak Q2 Earnings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Aug 28, 5:00PM CDT
Old Republic (ORI) downgraded to sell, following earnings miss in the second quarter.

How Will American International Group (AIG) Stock Be Affected By CEO's Resignation?
at The Street - Thu Aug 28, 2:10PM CDT
American International Group (AIG) CEO Robert Benmosche announced that he will be stepping down this weekend due to the progression of his cancer diagnosis.

7 Lessons about Banking from 200 Years of History
John Maxfield, The Motley Fool - Motley Fool - Thu Aug 28, 10:08AM CDT
The scene on Wall Street during the Panic of 1907. Source: Wikimedia Commons The history of finance is dominated by the fact that banks are innately unstable. Even the most conservative lender is only one severe credit cycle away from failure. ...

Fitch Affirms AIG's Ratings; Outlook Stable
Business Wire - Thu Aug 28, 9:59AM CDT
Fitch Ratings has affirmed American International Group, Inc.'s (AIG) Issuer Default Rating (IDR) at 'A-', senior debt obligations at 'BBB+', the Insurer Financial Strength (IFS) ratings of AIG's rated property/casualty insurance subsidiaries at 'A', and the IFS ratings of the company's U.S. life and retirement insurance subsidiaries at 'A+'. The Rating Outlook is Stable. A complete list of ratings is provided at the end of this release.

Goldman Sachs' 50 Stocks That Matter Most to Hedge Funds
at The Street - Wed Aug 27, 9:58AM CDT
This list of 50 stocks from Goldman Sachs Spreadsheet are those that appear most frequently among the top holdings of hedge funds. The portfolio beat the S&P 500 YTD gain.

AIG Hits New 52-Week High Post Strong Q2 Earnings & Outlook - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Aug 26, 4:41PM CDT
Riding on a steady growth momentum, shares of American International Group Inc. (AIG) reached a new 52-week high at $56.09 on Aug 25.

AIG Releases 2013 Corporate Citizenship Report
Business Wire - Tue Aug 26, 2:40PM CDT
American International Group, Inc. (NYSE:AIG) today announced the release of its 2013 Corporate Citizenship Report, which showcases the company's governance, environmental, and social performance, as well as its commitment to long-term sustainability.

American International (AIG) Approaches New Upside Target of $56.35
Comtex SmarTrend(R) - Tue Aug 26, 10:41AM CDT
Shares of American International (NYSE:AIG) have bullishly opened above the pivot of $55.86 today and have reached the first resistance level of $56.12. Should the shares continue to rise, the resistance pivots of $56.35 and $56.84 will be of interest.

American International Set to Possibly Pullback After Yesterday's Rally of 1.01%
Comtex SmarTrend(R) - Mon Aug 25, 3:49PM CDT
American International (NYSE:AIG) traded in a range yesterday that spanned from a low of $55.60 to a high of $56.09. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $55.75 on volume of 8.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Watch for American International to Potentially Pullback After Gaining 1.01% Yesterday
Comtex SmarTrend(R) - Mon Aug 25, 3:49PM CDT
American International (NYSE:AIG) traded in a range yesterday that spanned from a low of $55.60 to a high of $56.09. Yesterday, the shares gained 1.0%, which took the trading range above the 3-day high of $55.75 on volume of 8.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

2014: The Year Bad Mortgages Became Good Investments
Amanda Alix, The Motley Fool - Motley Fool - Sun Aug 24, 8:44AM CDT
Flickr / Jeff Turner. In a strange twist of fate, toxic mortgages – the very loans that became synonymous with the housing crash and the attendant financial crisis – are experiencing a sort of renaissance. Once reviled, these loan products are...

American International (AIG) Upped to Buy on Higher Estimates - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Aug 22, 4:30PM CDT
On Aug 22, Zacks Investment Research upgraded American International Group Inc. (AIG) by a notch to a Zacks Rank #2 (Buy).

SmarTrend Watching for Potential Pullback in Shares of American International After 1.29% Gain
Comtex SmarTrend(R) - Thu Aug 21, 3:47PM CDT
American International (NYSE:AIG) traded in a range yesterday that spanned from a low of $54.73 to a high of $55.75. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $55.01 on volume of 8.0 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
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