QUOTE AND NEWS
TheStreet.com  May 3  Comment 
NEW YORK (TheStreet) -- American International Group was the financial stock winner on Friday, with shares rising 6% to close at $44.52. Investors cheered strong first-quarter results that AIG reported after Thursday's market close, which...
StreetInsider.com  May 3  Comment 
This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today. 52-Week High: American International Group, Inc. (NYSE: AIG) $44.90. AIG popping 6.6 percent on the session after reporting...
TheStreet.com  May 3  Comment 
Updated from 9:42 a.m. ET with very strong morning action for AIG's shares, along with comment from William Blair analyst Adam Klauber. NEW YORK (TheStreet) -- "Since mid-2011 the focus of our company has been to get the fundamentals...
Market Intelligence Center  May 3  Comment 
American International Group Inc (NYSE: AIG) closed Thursday's trading session at $42.13. In the past year, the stock has hit a 52-week low of $27.18 and 52-week high of $42.66. American International Group (AIG) stock has been showing support...
Reuters  May 3  Comment 
When New York Attorney General Eric Schneiderman gave up a claim for damages against former AIG chief Hank Greenberg, he also likely neutralized a long-awaited challenge to his office's power.
TheStreet.com  May 3  Comment 
NEW YORK -- LinkedIn, the career Web site, forecast on Thursday second-quarter sales and earnings below analysts' estimates. The Mountain View, Calif-based Internet company said it expects to post earnings before interest, depreciation and...
TheStreet.com  May 2  Comment 
NEW YORK -- Facebook , the social networking giant, posted first-quarter earnings on Wednesday that were mixed compared to Wall Street's expectations. Facebook earned 12 cents a share in the quarter on revenue of $1.46 billion, an increase of...




 

After its excessive risk-taking necessitated a dramatic bailout from the federal government, AIG is finally poised to be returned to common shareholders. Though still a major presence in property-casualty and life insurance, the new AIG will be a smaller insurance organization, having shed a good deal of its global growth potential. AIG has no economic moat, in our opinion, and the onetime insurance leader will have a difficult time returning to its former dominant position. AIG is still one of the largest insurance and financial services firms in the world, even after disposing of its Asian insurance subsidiaries. It operates through a wide range of subsidiaries that provide general insurance, life insurance, and other financial services. The government has started selling its shares in 2011, and ownership will eventually be returned to common equity shareholders.

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