|Bid||46.04 x 800|
|Ask||46.05 x 800|
|Day's Range||45.81 - 46.44|
|52 Week Range||36.16 - 56.79|
|Beta (3Y Monthly)||1.30|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 6, 2019|
|Forward Dividend & Yield||1.28 (2.97%)|
|1y Target Est||50.87|
Kevin Hogan is chief executive of insurer AIG's Life & Retirement division, where he oversees the firm's individual retirement, life insurance business and more. He recently spoke with The Associated Press about longevity, financial anxiety and other issues surrounding retirement in the U.S.
Do you want to invest like real billionaires do?Most billionaires obviously have much more money to burn than the average investor. And they also have enough cash in the bank to wait things out should their stock picks turn sour.Still, given the so-called "smart money's" resources and intimate connections with some of the companies they own, it wouldn't be a crazy idea to study the top stocks that billionaires and high-asset hedge funds are plowing their long-term capital into. Rich people often get perpetually richer for a reason.Here are 50 top stocks of the billionaire class. In all cases, these companies represent major holdings (anywhere between 5% and 100% of the portfolio) of at least one ultra-wealthy person or a large hedge fund. In many cases, these stock picks are heavily owned by multiple high-net-worth individuals and/or are high-conviction picks by several fund managers. And while several of these stocks are popular blue chips, others fall far off the radar of most investors. SEE ALSO: Millionaires in America 2019: All 50 States Ranked
When I left the United States Army as a combat veteran (a.k.a. Society deemed me “unqualified” because, at age 23, all I had in my hands was my DD214 (a Proof of Service document), my high school diploma, and a PTSD diagnosis that, according to the VA was supposed to cripple me socially and psychologically. Add three years of active duty service, only to return home and be told you don’t qualify for any white-collar job.
The AIG chart, below, shows that the stock price had found consistent support around the $52.00 level from April through the middle of October in 2018. Mid-February saw a gap down on very heavy trading volume. Thursday, although trading volume is not notable, resistance has finally been violated to the upside with no notable overhanging resistance appearing, in our opinion, until the $52.00 range.
The stock of AIG is weighed down by competitive insurance markets and low interest rates, which are unlikely to offer any respite in the coming quarters.
AIG survey finds 53 percent want to live to 100—yet 51 percent are uncertain their savings will last
The 93-year-old Wall Street insurance legend and former AIG CEO said socialism "is not what America is about."
Seven women who said Bill Cosby sexually assaulted them decades ago and then labeled them liars by denying it have settled defamation lawsuits against the imprisoned actor.
American International Group, Inc. (AIG) today announced that Kathleen Zortman will join the company as President & Chief Executive Officer of Private Client Group, General Insurance. Ms. Zortman will report to Peter Zaffino, Chief Executive Officer of AIG General Insurance and Global Chief Operating Officer, AIG, and serve as a member of the General Insurance Executive Leadership Team.
American International Group, Inc. (AIG) will report financial results for the first quarter ended March 31, 2019 after the market closes on Monday, May 6, 2019. American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement products, and other financial services to customers in more than 80 countries and jurisdictions.
Insurance companies and banks are both financial intermediaries. However, they don't always face the same risks and are regulated by different authorities.
At its annual meeting in 2018, only 62 percent of shareholder votes backed the pay, an unusually low number compared with the roughly 95 percent support that major U.S. companies typically receive in such votes. Duperreault, known in the insurance industry as a turnaround expert, took charge of AIG in May 2017. For instance, the company said that although Duperreault could have achieved a short-term incentive award of $3.456 million, the board reduced that to $3.04 million in order to reflect “shared accountability” for overall company performance.
American International Group Inc NYSE:AIGView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock are seeing positive inflows * 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 | PositiveETF activity is positive. Over the last month, ETFs holding AIG are favorable, with net inflows of $9.51 billion. Additionally, the rate of inflows 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 of the last 3 years, 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.
The Morningstar Global Financial Services Index has underperformed the Morningstar Global Markets Index over the previous year (negative 7% compared with 1%) and has underperformed in the previous three months (8% compared with 11%). Currently, we see the most value in the banking industry, with around half of our banking coverage trading at 5 or 4 stars. There's 10% upside to the median price/fair value estimate of our asset management coverage after our coverage appreciated 11% in the previous three months.
NEW YORK, March 29, 2019 -- In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders,.
The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** Fiat Chrysler Automobiles says it ...
Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of December. At Insider Monkey, we follow nearly 750 active hedge funds and notable investors and by analyzing their 13F filings, we can determine the stocks that they are […]
American International Group, Inc. today announced the appointment of Betsy Palmer as Senior Vice President and Chief Marketing Strategy, Communications and Industry Leadership Officer, AIG Life & Retirement.
VALIC, a leading retirement plan provider for healthcare, K-12, higher education, government, religious, charitable and other not-for-profit organizations, will now be known as AIG Retirement Services. “The name change to AIG Retirement Services allows us to fully leverage the strength, scale and brand of our parent company, AIG, a Fortune Global 500 leader with deep experience in retirement and financial services that is celebrating 100 years of serving customers,” said Rob Scheinerman, President, AIG Retirement Services. With over $230 billion in retirement assets under management, AIG (AIG), helps more than 3 million Americans prepare for retirement.* The AIG brand will provide greater recognition in the marketplace and among plan sponsors, consultants and retirement plan participants.
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.
House Democrats have sent their request for President Trump's tax returns to the IRS. House Ways and Means Committee Chairman Richard Neal asked IRS Commissioner Charles Rettig for six years of Trump's personal and business tax information, including individual tax returns and returns from eight businesses linked to Trump. Yahoo Finance’s Dan Roberts, Akiko Fujita, Myles Udland, and Rick Newman discuss what this means for Trump’s presidency, and if Congress will ever receive the tax returns.