|Bid||0.00 x 800|
|Ask||0.00 x 4000|
|Day's Range||43.32 - 44.17|
|52 Week Range||36.16 - 65.05|
|Beta (3Y Monthly)||1.36|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 6, 2019 - Feb 11, 2019|
|Forward Dividend & Yield||1.28 (2.97%)|
|1y Target Est||51.71|
By word and example, Bogle proselytized on behalf of patient, long-term investing in a diversified group of well-run companies. Initially greeted with skepticism, the Vanguard 500 Index Fund, an unmanaged portfolio of the stocks represented in the Standard & Poor’s 500 Index, has more than $441 billion in assets.
Tuesday ended better than it started, with the S&P 500 advancing 1.07% for the day. The quick recovery erases most of the doubts raised by Monday's modest stall. Netflix (NASDAQ:NFLX) did more than its fair share of the heavy lifting, gaining 6.5% after announcing it would be imposing price hikes. Investors chose to see the glass as half-full rather than half-empty, assuming subscribers will pay the new, higher rates rather than choose to cancel their service. Blue Apron Holdings (NYSE:APRN) investors enjoyed the bigger gain, however, as shares soared 45% after the company projected a swing to profit in 2019. While most stocks were up, there were some notable losers. PG&E (NYSE:PCG) fell another 17.5% as the market continued to digest the ramifications of its bankruptcy filing. The latest chapter in the saga? The company failed to make its most recent payment due on its debt. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Between the December rout, the January bounce and now the advent of earnings season against a backdrop of a government shutdown, finding reliable trading setups is anything but easy. The stock charts of Gap (NYSE:GPS), American International Group (NYSE:AIG) and Walt Disney (NYSE:DIS), however, look like they're able to follow through on the hints they've dropped. ### Walt Disney (DIS) If it had happened in another place under any other circumstances, it might not even be worth noting. * 8 Dividend Stocks With Growth on the Horizon But, where and how Walt Disney shares lost even just a little bit of ground yesterday sets the stage for more downside … as long as the broad market tide doesn't have other plans. The bears just have one more task to take care of. Click to Enlarge• Tuesday's bar is in some ways an outside day, where the high and the low engulf Monday's range in its entirety. But, it was also an inside day in the sense that yesterday's open and close were both within Monday's open/close range. Both point to a change of heart. • Underscoring the red flag of Tuesday's action is the fact that the bulls made five consecutive attempts to hurdle the gray 100-day moving average lines, but couldn't. The pullback unfurled on above-average volume too. • Though another pullback today would put an exclamation point on the pivot, there's still a potential technical floor at $109 -- where the 20-day and 200-day moving average lines have converged -- that could be support. ### Gap (GPS) A little over a week ago, Gap was featured as a stock trapped in a downtrend, unable to break out of the bearish rut even when the market's tide was bullish. That has not changed in the meantime. In fact, the factors forcing it lower than have since solidified, pulling the stock lower. Even the floor of the bearish range that's taken shape since early last year, however, isn't terribly close (and it's falling fast). Click to Enlarge • The ceilings in question are a combination of the purple 50-day moving average line, the blue 20-day moving average line and the straight-line ceiling plotted as a dashed line that has guided GPS shares lower for weeks now. • Monday's retest of the 20-day average set up Tuesday's loss … making GPS one of only a few stocks that couldn't get traction yesterday. • The next-best hope is the lower edge of the falling trading range, currently at $23.50 but falling fast. ### American International Group (AIG) Most financial stocks are recovering from a brutal September, and American International Group is no exception to that trend. AIG is now doing something most of the others aren't, however, which suggests it may fare better from here than its peers will. Click to Enlarge • Though still below average, the buying volume has not only been bullish, it has been growing. More buyers are coming to the table the higher it goes. • Last week's cross of the purple 50-day moving average is also a key buy signal. Though most stocks have done well, AIG has logged eight consecutive days of gains, further suggesting the bulls are on a mission. • Keep an eye on the $44.60 level, which was a ceiling in November and December, and could become resistance again. Above that level, the next plausible resistance is above $52. As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can follow him on Twitter, at @jbrumley. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Companies That Could Post Decelerating Profits * 10 A-Rated Stocks the Smart Money Is Piling Into * Mizuho: 7 Long-Term Value Stocks to Buy Now Compare Brokers The post 3 Big Stock Charts for Wednesday: Walt Disney, Gap and American International Group appeared first on InvestorPlace.
The Board of Directors of American International Group, Inc. (AIG) today elected Thomas “Tom” Firouz Motamed as a Director, effective immediately. Mr. Motamed has also been appointed to the Board’s Risk & Capital Committee and the Compensation & Management Resources Committee. Prior to CNA, Mr. Motamed spent 31 years at The Chubb Corporation, where he began his career as a claims trainee and rose to Vice Chairman and Chief Operating Officer.
American International Group Inc. and Allstate Corp. have greatest exposure to PG&E bonds though their investment portfolios at about 50 basis points of “statutory surplus,” according to Kinar. Other insurers that have exposure to PG&E bonds include Travelers Companies Inc., Hartford Financial Services Group, Arch Capital Group Ltd. and Chubb Ltd.
# American International Group Inc ### NYSE:AIG View full report here! ## Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short 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 flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $9.72 billion over the last one-month into ETFs that hold AIG are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap | Negative The 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.
has exuded confidence about its ability to navigate tricky ownership rules. Airlines operating within the EU need to show at least half their shares are held and controlled by EU nationals. IAG is coy about how it would avoid falling foul of the ownership rules.
Moderating expectations for interest rate hikes and lower asset prices have created some buying opportunities in some financial firms.
Reinsurance prices, chiefly set in two batches at the beginning of January and July, have fallen in recent years as traditional reinsurers face competition from new players and products such as catastrophe bonds. JLT Re said rate increases were restricted to categories which had suffered substantial losses or where performance had worsened. "Despite another active catastrophe year in the United States, property-catastrophe rate changes were modest," said Ed Hochberg, chief executive officer of JLT Re in North America.
JLT Re's global property-catastrophe reinsurance index fell 1.2 percent at the key Jan. 1 policy renewal season, the broker said on Wednesday, dashing the industry's hopes of higher reinsurance premiums after the second straight year of big losses. Reinsurance prices have fallen in recent years as traditional reinsurers face competition from new players and products such as catastrophe bonds, but industry giants were hoping for higher rates after facing the most costly quarter on record in 2017. "Despite another active catastrophe year in the United States, property-catastrophe rate changes were modest," said Ed Hochberg, chief executive officer of JLT Re in North America.
American International Group, Inc. (AIG) today announced that AIG Life Limited, a UK subsidiary of AIG Life & Retirement, has completed the previously agreed acquisition of Ellipse, a specialist group life, critical illness and income protection provider in the UK, from Munich Re. AIG believes Ellipse’s group protection expertise, alongside its technology-enabled business model, makes it a strong strategic fit with the existing AIG Life Limited operation in the UK. AIG Life will now distribute both group and individual protection insurance products to UK consumers through financial intermediaries, employee benefits consultants and partnerships.
A challenging property and casualty market, exposure to catastrophes, little gain on restructuring initiatives will keep the stock of AIG under pressure.
Fund investors would like to see their actively managed funds beat the market every year, but they've been left wanting for well over a decade. The lack of consistent outperformance on the part of large-cap active managers (the main contributors to the Ultimate Stock-Pickers concept) has been well documented by the S&P Indices Versus Active Funds (SPIVA) U.S. Scorecard. Other investment styles fared better, as 58.0% of large-cap value managers and 63.7% of large-cap growth managers outperformed their respective benchmarks.
AIG Life Limited (U.K.), a division of American International Group, Inc. (AIG), today announced the appointment of Philip Willcock as Chief Executive Officer, subject to regulatory approval, effective March 1, 2019. Willcock spent over 20 years with Aviva holding various senior positions in the U.K. Health and Life businesses.
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 $43.4750 per share from $43.6582 per share and the number of shares of AIG Common Stock receivable upon Warrant exercise will increase to 1.036 from 1.032. Each of these adjustments will be effective at the close of business on December 12, 2018. Any Warrant exercised on or prior to December 12, 2018 will not be entitled to these adjustments.
GE announced that Reynolds had joined its board on Dec. 7, replacing former Vanguard Group Inc. CEO Jack Brennan. Reynolds was CEO of Duke Energy Corp.’s energy power services subsidiary in the late 1990s and then led gas-distribution company AGL Resources (now called Southern Co. after a 2016 merger) until 2006. Within days of that deal closing, she was tapped to become American International Group Inc.’s chief restructuring officer and charged with raising cash via asset sales to repay a government bailout.
Shares of American International Group (AIG) hit a 52-week low on Dec 7 due to its catastrophe loss forecast and weak revenues.
Topping nearly $193 billion in market capitalization before the tech bubble burst in 2000s, the now $31 billion American International Group (AIG) appears it could be a great value pick. Warning! GuruFocus has detected 3 Warning Sign with AIG. Meanwhile, AIG did show some signs of improvement in its combined ratio--an industry-specific metric--whereby its different business segments registered lower year over year figures for the recent quarter albeit still above 100--A combined ratio of less than 100 indicates underwriting income and a combined ratio of over 100 indicates an underwriting loss.
With the third-quarter round of 13F filings behind us it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the fourth quarter. One of these stocks was American International Group Inc (NYSE:AIG). Is American International Group Inc […]