AIG - American International Group, Inc.
| Previous Close | 53.95 |
| Open | 54.11 |
| Bid | 52.89 x 1300 |
| Ask | 54.88 x 4000 |
| Day's Range | 53.89 - 54.69 |
| 52 Week Range | 49.57 - 65.55 |
| Volume | 5,049,164 |
| Avg. Volume | 4,237,679 |
| Market Cap | 47.878B |
| Beta | 1.25 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -7.20 |
| Earnings Date | Oct 31, 2018 - Nov 5, 2018 |
| Forward Dividend & Yield | 1.28 (2.40%) |
| Ex-Dividend Date | 2018-09-14 |
| 1y Target Est | 62.00 |
- InvestorPlace•15 hours ago
Stuart Varney of FOX Business Network and the Lessons of the 2008 Financial Crisis
FOX Business Network Anchor Stuart Varney was reporting from Wall Street during the thick of the 2008 financial crisis. As the investing world marks 10 years since those events unfolded, InvestorPlace asked him about his memories of that time and to provide his take on what investors should have learned from those dark days. Early in September, Fannie Mae and Freddie Mac were taken over by the government.
- Business Wire•20 hours ago
VALIC Named Exclusive Retirement Program Provider for PGA of America Golf Retirement Plus Program
VALIC, an AIG company (AIG) and a leading group retirement plan provider, has been named the exclusive retirement provider for the PGA of America Golf Retirement Plus Program. VALIC assumes sole responsibility of the program’s PGA Members – nearly 6,500 golf professionals. “Our significant investments in people and technology have enabled VALIC to partner closely with a number of new institutions, and we are delighted to continue that momentum through our new, exclusive relationship with the PGA of America,” said Rob Scheinerman, President, Group Retirement.
- CNBC•22 hours ago
The toxic alphabet soup that almost took down Wall Street is staging a comeback
Wall Street's profit-generating machine created a jumble of products (MBS, ABS, CDO...) designed to profit off of the relatively mundane business of mortgage lending. Banks, insurance companies, hedge funds and others were hungry to partake, but what seemed like easy profit at first stopped working when borrowers stopped paying on their loans. Ten years ago, the Treasury announced the $700 billion federal Troubled Asset Relief Program or TARP.
- CNBC•22 hours ago
The toxic alphabet soup that almost took down Wall Street is staging a comeback
Wall Street's profit-generating machine created a jumble of products (MBS, ABS, CDO...) designed to profit off of the relatively mundane business of mortgage lending. These products, which fueled the financial crisis, haven't disappeared and in some cases they are staging a comeback.
- Bloomberg•2 days ago
The Bailout of AIG Ten Years Later
On September 16th, 2008, the U.S. government bailed out the financial services and insurance firm AIG. At over $180 billion, it was the largest bailout of a private company in history. AIG eventually returned ...
Markit•2 days agoSee what the IHS Markit Score report has to say about American International Group Inc.
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. Index (PMI) data, output in the Financials sector is rising.
- Bloomberg•4 days ago
No Deal, No Problem as Luxembourg Welcomes Brexit Bankers' Kids
Luxembourg’s schools can teach the U.K. a thing or two when it comes to preparing for Brexit. Starting on Monday, parents will be able to send their children to one of four recently opened free state-schools offering whole departments delivering an English-language curriculum, with the added bonus of teaching French or German, plus Luxembourgish. English-language education in the country -- which is the world’s second biggest fund market and a hub for multinationals such as Amazon.com Inc. -- has already grown exponentially since 2016, when the U.K. voted to leave the 28-nation bloc.
- GuruFocus.com•5 days ago
3 Companies Warren Buffett Turned Down During the Financial Crisis
Warning! GuruFocus has detected 3 Warning Sign with SQ. Lehman Brothers Holdings' collapse occurred 10 years ago on Sept. 15. Buffett had at least three chances to come to the $639 billion bank's aid in 2008, according to a bankruptcy proceedings examiner's report.
- Business Wire•6 days ago
AIG Announces Adjustments to Warrant Exercise Price and Shares Receivable upon Warrant Exercise
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 $43.6582 per share from $43.6911 per share and the number of shares of AIG Common Stock receivable upon Warrant exercise will increase to 1.032 from 1.031. Each of these adjustments will be effective at the close of business on September 17, 2018. Any Warrant exercised on or prior to September 17, 2018 will not be entitled to these adjustments.
Markit•7 days agoSee what the IHS Markit Score report has to say about American International Group Inc.
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. Index (PMI) data, output in the Financials sector is rising.
- Zacks•8 days ago
Will Hurricane Florence Rattle Property & Casualty Insurers?
Hurricane Florence to cause loss to insurers, but huge capital buffer to act as a shield.
- Investopedia•9 days ago
Too Big to Fail Banks: Where Are They Now?
On September 15, 2008, Lehman Brothers, a well-known and respected investment bank, filed for bankruptcy protection after the Bush Administration's Treasury Secretary, Hank Paulson, refused to grant them a bailout. While there had been market volatility during the preceding months, the fall of Lehman Brothers marks what many consider the beginning of a global financial crisis. After the Dow Jones Industrial Average closed down 504 points – roughly four and a half percent – and the Nasdaq lost three and a half percent in response to the Lehman bankruptcy, policymakers reversed their stance on bailouts and initiated a $700 billion program to stabilize financial markets.
Markit•9 days agoSee what the IHS Markit Score report has to say about American International Group Inc.
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. Index (PMI) data, output in the Financials sector is rising.
- Business Wire•10 days ago
Catherine Duffy to Join AIG as Country Manager of Bermuda
American International Group, Inc. (AIG) today announced that Catherine Duffy will join the company’s General Insurance business as Country Manager of Bermuda, at a date to be determined. In this role, Ms. Duffy will oversee AIG’s insurance operations and strategy in Bermuda, reporting to Lex Baugh, Chief Executive Officer of North America General Insurance. Ms. Duffy will work closely with product leadership to drive innovation and service excellence for our clients and distribution partners.
GuruFocus.com•10 days agoAmerican International Group Looks Cheap
After a 12% drop for the 52 weeks through Sept. 7, American International Group Inc. (AIG), the multinational finance and insurance corporation, is trading more affordably, as is illustrated in the chart by GuruFocus. The share price is plainly below the 200-day simple moving average line and on par with the 50- and 100-SMA lines. The market capitalization is $47.68 billion on the New York Stock Exchange.
- Reuters•10 days ago
After its near-death, AIG CEO plots revival by returning to basics
Brian Duperreault, who rejoined American International Group Inc (AIG.N) as chief executive officer last year to turn the company around, remembers another era when the insurer was trying to blaze a trail toward greatness. In 1973, Duperreault arrived at AIG's old Lower Manhattan office to interview for an actuarial position. The company's name was painted on the brick exterior of the building and linoleum tiles were missing from the floor inside, leaving spots of exposed cement and old, dried glue.
- Reuters•10 days ago
After its near-death, AIG CEO plots revival by returning to basics
Brian Duperreault, who rejoined American International Group Inc (AIG.N) as chief executive officer last year to turn the company around, remembers another era when the insurer was trying to blaze a trail toward greatness. In 1973, Duperreault arrived at AIG's old Lower Manhattan office to interview for an actuarial position. The company's name was painted on the brick exterior of the building and linoleum tiles were missing from the floor inside, leaving spots of exposed cement and old, dried glue.
Reuters•15 days agoAIG CEO sees 'huge potential' in investor market for insurance risk
The insurance linked securities (ILS) market, which developed over the past couple of decades as a way for insurers to pass on to investors some of their risks, mainly those associated with natural disasters, is a "good tool," Duperreault said at an insurance conference sponsored by investment bank KBW, a unit of Stifel Financial Corp (SF.N). Insurance companies that participate in the market typically issue catastrophe bonds, or CAT bonds.
- Business Wire•16 days ago
AIG Releases 2017 Corporate Citizenship Report
American International Group, Inc. (AIG) announced today the release of its 2017 Corporate Citizenship Report, which showcases how the company is connecting with the world through socially responsible business practices and values. “As an insurance company, our work makes a difference in the lives of our clients every day. Through this, along with our commitment to being a good corporate citizen, we aim to step up and do the right thing whenever and wherever we can for those in need,” said Brian Duperreault, AIG President and Chief Executive Officer, in the report’s opening letter.
Markit•21 days agoSee what the IHS Markit Score report has to say about American International Group Inc.
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. Index (PMI) data, output in the Financials sector is rising.
- Business Wire•23 days ago
AIG to Present at the Keefe, Bruyette & Woods Insurance Conference
American International Group, Inc. (AIG) announced today that Brian Duperreault, AIG President and Chief Executive Officer, will present at the Keefe, Bruyette & Woods Insurance Conference on Wednesday, September 5, 2018, at 10:10 a.m. ET in New York City, NY. A link to the audio webcast will be available in the Investors section of AIG's website https://www.aig.com. A replay of the audio webcast will be available at the same location until November 2, 2018.
- Business Wire•29 days ago
Validus Holdings, Ltd. Announces Quarterly Preferred Share Dividends
Validus Holdings, Ltd. , an American International Group, Inc. company, announced today that its Board of Directors has declared cash dividends on Validus’ Series A 5.875% Preferred Shares and Series B 5.800% Preferred Shares of $0.3671875 and $0.3625000 per depositary share, respectively.
- Morningstar•23 hours ago
Undervalued, No-Moat AIG Looks to New CEO
AIG's new management team should help bring the firm's subpar returns closer to peers.
Yahoo Finance Video•3 days agoYahoo Finance Live: Market Movers
Yahoo Finance's LIVE stock market coverage and analysis.
Bloomberg Video•6 days agoBailing Out AIG: 10 Years After the Financial Crisis
Sep.14 -- Jim Millstein, founder and chief executive officer at Millstein & Co. and former chief restructuring officer at the U.S. Treasury, recounts the bailout of AIG and the impact on insurers in the aftermath of the financial crisis. He speaks with Bloomberg's David Westin on "Bloomberg Daybreak: Americas."
