44.28 0.00 (0.00%)
After hours: 6:41PM EDT
|Bid||44.01 x 3200|
|Ask||44.99 x 3100|
|Day's Range||44.19 - 44.68|
|52 Week Range||36.16 - 56.79|
|Beta (3Y Monthly)||1.32|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 13, 2019 - May 17, 2019|
|Forward Dividend & Yield||1.28 (2.91%)|
|1y Target Est||50.20|
American International Group (AIG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
American International Group, Inc. (AIG) today announced that in accordance with the terms of the outstanding warrants (CUSIP number 026874156) (the “Warrants”) to purchase shares of AIG Common Stock, par value $2.50 per share, the Warrant exercise price will be reduced to $43.2776 per share from $43.4750 per share and the number of shares of AIG Common Stock receivable upon Warrant exercise will increase to 1.041 from 1.036. Each of these adjustments will be effective at the close of business on March 15, 2019. Any Warrant exercised on or prior to March 15, 2019 will not be entitled to these adjustments.
American International Group Inc NYSE:AIGView full report here! Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for AIG with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold AIG had net inflows of $2.95 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. AIG credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Neil Barofsky, who oversaw the $700 billion bailout fund, says regulatory rollbacks will inevitably force the government to bail out more "too big to fail" firms in the next crisis.
Some troubled financial institutions ended up being absorbed, while others recovered nicely on their own.
Essentially, AIG gave new meaning to the term “counterparty risk.” The insurance giant guaranteed lots of debt with funny acronyms, and when things went south, its clients came calling, looking for cash.
Insurance companies and banks are both financial intermediaries. However, they don't always face the same risks and are regulated by different authorities.
Since that time -- early December 2012 -- Hong Kong’s benchmark Hang Seng Index has generated a total return of about 60 percent, while the S&P 500 Index has paid a very healthy 125 percent. AIG sold its PICC Group stake Thursday, and came out 1.75 percent ahead with a profit of HK$67.8 million ($8.6 million), including the dividends it received, Bloomberg calculations show. AIG raised $482 million selling its 1.11 billion PICC shares at HK$3.40 each, near the bottom of the marketed range, according to terms for the deal obtained by Bloomberg.
Challenges in the insurance market, exposure to catastrophes and issues in reserving practices hurt American International (AIG)
In addition to New York, Kryon has offices in Atlanta, Amsterdam, Frankfurt, Tel Aviv, India, and Singapore.
The new trading week got started with a bullish bang, but the effort faded as Monday wore on. By the time the closing bell rang, what had been a 0.7% gain was pared back to a 0.12% gain, leaving the market's true undertow in question.The broad market could have easily ended yesterday's session in the red were it not for General Electric (NYSE:GE). Shares of the iconic but struggling industrial giant were up more than 6% on the heels of news that it was shedding its biopharma unit for $21.4 billion. Weighing the market down more than most other names was Genworth Financial (NYSE:GNW). The stock lost 6.5% of its value yesterday following news that suitor China Oceanwide's auditor abruptly resigned. The news raised red flags with investors, even though the impact on Genworth and the impending deal isn't entirely clear.Neither are great trading prospects today, however. Rather, the stock charts of UnitedHealth Group (NYSE:UNH), Invesco (NYSE:IVZ) and American International Group (NYSE:AIG) are shaping up as your best prospects. Here's why, and what has to happen next.InvestorPlace - Stock Market News, Stock Advice & Trading Tips American International Group (AIG)Like most other stocks, American International Group was pounded pretty severely between October and December of last year. Since then, and even in the midst of the beatdown, AIG has tried to break past an increasingly familiar technical ceiling. It has just never happened. * 7 Cheap Stocks That Make the Grade It still hasn't happened as of yesterday. But, the stock's increasingly moving to within reach of a break above that ceiling, and as of Monday is in better position to make that breakout thrust than it's been in months. Click to Enlarge • The line in the sand is around $44.60, plotted with a yellow dashed line on both stock charts. Monday's high tested the area, and though shares didn't hurdle it, the stock did manage to close above the gray 100-day moving average line with the move.• For the first time in a long time, we've seen solid bullish volume more often than not since early last week.• Should the potential breakout take hold, the most plausible upside target is around $55.80. Plotted with a blue dashed line on both stock charts, that area served as a ceiling in the middle part of last year. UnitedHealth Group (UNH)With just a quick glance, UnitedHealth Group looks to be in reasonably good shape. Though down a little on Tuesday, many stocks were. Last year's big gain and this year's big rebound from the December drubbing mean UNH deserves a breather.Take a step back, though, and UNH may be closer to being is serious trouble than it seems on the surface. Knowing that it can take two or three tries to put a new trend into motion, it's the next setback that could really start to do some damage in the wake of the recent hint. Click to Enlarge • That hint is the purple 50-day moving average line's move below the white 200-day moving average line. With that so-called "death cross" in place, the next move below the 50-day average line might not end as sweetly as the previous ones have.• Zooming out to the weekly chart of UnitedHealth Group, we can gain some much-needed perspective. The runup between 2016 and 2018 was nice, but it also left shares overbought and ripe for more profit-taking.• There's a subtle hint to that end in the RSI indicator. Its bigger trend is still pointed downward after moving into oversold territory in 2017. The buyers haven't been able to achieve escape velocity ever since. Invesco (IVZ)No matter which resistance line you're talking about, Invesco is above it. That leaves just one plausible ceiling ahead, and it was tested yesterday. Although the bulls failed that test with their first effort, getting a breakout going is more of a process and less of an event. The bulls will get another shot, and the recent action suggests they'll get over the hump. Click to Enlarge • The last line in the sand is the 100-day moving average line, plotted in gray on both stock charts. Invesco shares tested it today, but didn't hurdle.• Still, all the falling technical ceilings that capped rebound efforts going back to early 2018 -- plotted with white dashed lines on both stock charts -- are no longer above the stock.• If Invesco can get over that last hump, the odds of a major move are good. IVZ is on the verge of completing an upside-down head and shoulders pattern, which generally signals the completion of an outright reversal effort.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Monthly Dividend Stocks to Buy to Pay the Bills * 9 High-Growth Stocks to Buy Now for Monster Returns * 7 Healthy Dividend Stocks to Buy for Extra Stability Compare Brokers The post 3 Big Stock Charts for Tuesday: American International, Invesco and UnitedHealth appeared first on InvestorPlace.
Investment firm Caxton Associates (Trades, Portfolio) bought shares of the following stocks during the fourth quarter. Warning! GuruFocus has detected 1 Warning Sign with AMZN. The firm boosted its Amazon.com Inc. (AMZN) holding by 2,282.7%, impacting the portfolio by 17.73%.
For the past nine years, our primary goal with the Ultimate Stock-Pickers concept has been to uncover investment ideas that reflect the most recent transactions of our grouping of top investment managers in a timely enough manner for investors to get some value from them. With 22 out of our 26 Ultimate Stock-Pickers having reported their holdings for the fourth quarter of 2018, we now have a good sense of what stocks piqued their interest during the period. Recall that when we look at the buying activity of our Ultimate Stock-Pickers, we focus on high-conviction purchases and new-money buys.
The guru established a new position in American International Group Inc. (AIG), buying 7,397,530 shares, impacting the portfolio by 1.71%. Warning! GuruFocus has detected 3 Warning Sign with AIG. The insurance company has a market cap of $38.77 billion and an enterprise value of $62.36 billion.
The S&P 500 and the Dow slipped while the Nasdaq posted a slim gain on Thursday as investors struggled to square grim retail sales data with hopes that high-level talks in Beijing could resolve the ongoing U.S.-China trade dispute. Paring earlier losses, the S&P 500 held above its 200-day moving average, a key technical level, for the third straight session.
Stocks that moved substantially or traded heavily on Thursday: MGM Resorts International, down $1.86 to $27.37 The casino operator beat Wall Street forecasts, but CEO Jim Murren raised concerns over a ...
Wall Street struggled to reverse early losses on Thursday as an unexpected drop in retail sales dampened investor hopes for progress at the ongoing U.S.-China trade talks in Beijing. The S&P 500 eked out a small gain and held above its 200-day moving average, a key technical level.
Bloomin' Brands BLMN — Shares of the hospitality company jumped 8.95 percent on stronger-than-expected quarterly results. Avon Products AVP — The cosmetics maker's stock dropped 11 percent after Avon reported mixed results for the fourth quarter. MGM Resorts MGM — Shares of MGM fell 6.36 percent after the casino and resort operator reported a diluted loss per share of 6 cents in the current quarter compared to diluted earnings per share of $2.39 in the prior year quarter.