Walgreen Co. Message Board

BMO Capital analyst Charles Sebaski raised estimates and his price target on Outperform-rated AIG to $53 following Q1 results, that at $1.34 handily beat the consensus of $0.87 and his estimate of $0.89.

Once CVS is forced to reveal their sales numbers, their stock will plummet.

WHAT?????????????????

Thanks Walgreens

CVS DUMPED on his head again!

at the end of the quarter, up 12 percent from last year.

AIG’s property casualty division logged operating income of $1.6 billion in the first quarter, up from $1 billion in the year-earlier period, thanks to rising underwriting profits and net investment income. Net premiums written dipped 4.3% to $8.4 billion.
Meanwhile, AIG’s life and retirement division grew operating income 7.7% to $1.4 billion thanks to “robust equity markets,” which boosted investment returns. Assets under management climbed 12% to $297 billion at the end of the first quarter.
Residential mortgage guaranty profits soared to $41 million last quarter, up from just $8 million in the year-earlier period, as net premiums written jumped to $246 million from $191 million.
"We are pleased with these results and look to continue to build on our successes, especially as we continue to make progress towards achieving our 2015 aspirational goals," Benmosche said.

By Matt Egan

FOX

Sentiment: Strong Buy

And our next question comes from the line of Robert Chapman from Chapman Capital.

Robert Chapman
I'm glad that the prior question had comments about management and I was surprised to hear Ed Evans say that management has changed, because the current CEO, Ed Evans -- and I'm glad that you're on this call instead of having gone home to Oklahoma before it began -- that you were here at the company during the decision to buy Tinet. You came on the board in November 2008, when the stock were at $10 per share, this is all dividend adjusted. At that time you were on the board, you were CEO of a company called Stelera Wireless, which is now defunct. So that business went the same way as, I guess, Tinet and Inteliquent. Then, as a board member, you voted for the Tinet acquisition at $100 million, plus $30 million or so of CapEx, now being sold for 40% of the acquisition plus CapEx just 2.5 years later. And then while CEO of the company, you are overseeing, or negligent in doing so, an essential #$%$ raping of AT&T, the company's largest customer, to the tune of tens of millions of dollar and potentially fraudulent traffic direction and charges. And with the stock now down 60% since you became a board member and you're apparently negligent over a side of the company and it's largest customer, and potentially fraudulent acts, I don't understand why it is that Ed Evans hasn't resigned. And I guess I just want to ask you directly, since you're on the call, since -- Ed, you've been proven at Selera, at Inteliquent, to be something of a weapon of mass destruction to Inteliquent owners and countless employees and counter-parties. Can you justify your continued employment at the company or instead are you just going to ask the operator to move onto the next question in the queue?

G. Edward Evans - Chief Executive Officer, Director and Chairman of Capital Allocation Committee
No, I don't mind addressing the question. I appreciate your comments. Some of your facts are not accurate, and frankly, I won't to take the time to address those here on this call. I am curious as to whether or not you called my 8-year-old son at home in order to get the number for this conference call like you've done to reach me previously, which is a little bit unprofessional, but I guess that's a different issue. To your point, I appreciate the criticism. You're right, I was on the board, I was part of that decision. I take full responsibility for that. I also take responsibility for whats going on with the company now, which I think has marked an improvement and going forward with it. And so, I've got a Board of Directors that I answer to and they have mind that they want to make a change, they are certainly welcome to do that. And I understand that they need to do that, but unfortunately, it's not really your decision. But I do appreciate your comments and thanks for calling in today