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More Industry ETFs That Should Like The Trump White House
Tuesday, November 22, 2016 - 11:27am | 614Read More...Now two weeks removed from Election Day, it is not a stretch to say one of the safest spaces of all has been the U.S. equity market. Those looking for tactical safer spaces can certainly find them with myriad sector and industry exchange-traded funds with much of that safety coming from financial...
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Icahn Rep, Paulson To Join AIG Board
Thursday, February 11, 2016 - 6:32pm | 306Read More...American International Group Inc (NYSE: AIG) shares are up slightly in Thursday's after hours session despite a down day amid new commentary from Carl Icahn. The activist investor said he and Icahn Capital have reached an agreement with AIG where one of the fund's analysts will join the...
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AIG Plans On Reducing Its Exposure To Hedge Funds
Tuesday, February 9, 2016 - 10:33am | 273Read More...According to Bloomberg, American International Group Inc (NYSE: AIG) plans on reducing the number of hedge funds in which it is invested in by at least half. Bloomberg, citing "people familiar with the company's portfolio," reported that AIG is invested in more than 100 funds and...
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Carl Icahn Readies Activist Battle Against AIG With Slate Of Director Nominees
Tuesday, February 2, 2016 - 10:36am | 257Read More...Shares of American International Group Inc (NYSE: AIG) were trading lower by more than 1.5 percent ahead of Tuesday's market open as activist investor Carl Icahn prepares to wage an activist battle against the company's management. According to a report by Bloomberg, Icahn said that AIG...
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AIG Announces Sale Of Its Advisor Group Segment, Plans To Return $25 Billion To Investors Over Two Years
Tuesday, January 26, 2016 - 8:31am | 404Read More...Shares of American International Group Inc (NYSE: AIG) were trading higher by more than 1.5 percent early Tuesday morning after the company announced that it has agreed to sell its AIG Advisor Group segment to investments funds affiliated with Lightyear Capital, LLC. Terms of the deal were not...
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Carl Icahn Issues Another Open Letter To AIG
Tuesday, January 19, 2016 - 10:32am | 307Read More...Activist investor Carl Icahn wrote an open letter to American International Group Inc (NYSE: AIG) in which he argued it is "abundantly clear" that there is "only one sensible path" for AIG to follow. According to Icahn, AIG should become a "smaller" and "...
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6 Things AIG Could Do To Help Investors
Monday, January 4, 2016 - 6:00pm | 416Read More...American International Group Inc (NYSE: AIG) shares had a turbulent 2015, but finished the year up several dollars per share. Analysts at KBW think the stock will Outperform in the near-future and hold a price target of $72.00 on the stock -- 16 percent above current levels. Why the bullishness...
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Chatting With Chris Marinac Of FIG Partners: 2016's Top 5 Themes
Monday, January 4, 2016 - 1:16pm | 4867Read More...Tim Melvin: We're on today with Chris Marinac of FIG Partners, a firm that specializes in the research and trading of community bank stocks. Chris recently put out a piece titled "Issues for Banking in 2016," so we want to go over that. Chris, thanks a lot for spending time with...
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Carl Icahn And John Paulson Want AIG To Split Up; Directors Reportedly Discussing A Spinoff
Friday, October 30, 2015 - 10:36am | 357Read More...Shares of American International Group Inc (NYSE: AIG) were trading slightly lower by 0.30 percent Friday morning. The Wall Street Journal reported that the company's directors are discussing a potential spinoff or sale of certain divisions. Carl Icahn and John Paulson want to break...
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RBC Capital Markets On ACE's $28.3 Billion Acquisition Of Chubb
Wednesday, July 1, 2015 - 10:05am | 344Read More...ACE Limited (NYSE: ACE) and Chubb Corp (NYSE: CB) announced on Wednesday that the former will be acquiring the latter in a $28.3 billion cash and stock deal. As part of the deal, Chubb shareholders will receive 0.6019 ACE shares for every Chubb share and $62.93 in cash. Mark Dwelle, RBC Capital...
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Analyst Asks: Is AIG's Bull Thesis Stale Or Merely Delayed?
Thursday, April 16, 2015 - 3:15pm | 394Read More...In a new report, analysts at Deutsche Bank took an in-depth look at American International Group (NYSE: AIG) in an attempt to determine whether the bullish case for owning AIG stock is still intact. After reviewing the company’s current outlook, analysts remain bullish on the stock....
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AIG CEO On Bob Benmosche: The Company Wouldn't Have Survived Without Him
Saturday, February 28, 2015 - 7:47pm | 365Read More...Robert "Bob" Benmosche, former chairman and CEO of Metlife and the man who saved American International Group Inc (NYSE: AIG) from a potential bankruptcy, died on Friday. Current AIG CEO Peter Hancock was on CNBC to discuss the contributions made by Benmosche. "It...
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Ukraine Tension Prominent As Dow Suffers Triple Digit Loss; S&P 500 & NASDAQ Also Lower
Tuesday, August 5, 2014 - 4:46pm | 3092Read More...U.S. stocks declined and erased Monday's gains following reports that Russian troops were lining on the borders of Ukraine and preparing for an invasion, according to comments made by Poland's Foreign Minister. “Unfortunately, Russia has restored its combat readiness on the...
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Market Wrap For June 18: Markets Rally On Fed Comments And Tapering
Wednesday, June 18, 2014 - 4:34pm | 2069Read More...U.S. stocks rose as investors and traders digested comments from the Federal Reserve. The Federal Reserve Open Committee announced that it will further taper its asset purchases by another $10 billion. The Fed is now committing towards purchasing $35 billion of assets per month. The Fed also...
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5 Keys To Spotting Value Stocks
Tuesday, June 3, 2014 - 9:22am | 774Read More...In his book Investment Fables, Aswath Damodaran looks at what does and does not work in the stock market. He examines various theories of stock selection including the value, growth and momentum approaches. Value investors know that buying stocks that trade below book value outperforms the...
