NEW YORK (AP) _ American International Group Inc. (AIG) on Wednesday reported a loss of $1.26 billion in its third quarter.
The New York-based company said it had a loss of $1.41 per share. Losses, adjusted for non-recurring costs, were 34 cents per share.
The results missed Wall ...
NEW YORK (AP) _ American International Group Inc. (AIG) on Thursday reported second-quarter net income of $937 million.
The New York-based company said it had profit of $1.02 per share. Earnings, adjusted for non-recurring costs, were $1.05 per share.
The results fell short of Wall ...
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday:
Tesla Inc., down $16.70 to $284.45
The electric car maker took another big quarterly loss as it struggled to ramp up production of its Model 3 sedan.
Cardinal Health Inc., down $13.85 to ...
Insurer AIG is buying Validus in deal worth about $5.56B
NEW YORK (AP) — Insurer AIG is buying Validus, a provider of reinsurance, primary insurance, and asset management services, in a deal worth approximately $5.56 billion.
American International Group Inc. said Monday that it will pay $68 for each share of Validus Holdings Ltd. That’s a 45.5 ...
NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday:
Apple Inc., up $4.39 to $172.50
The tech giant said iPhone sales climbed in its latest quarter and its forecasts pleased investors.
Molina Healthcare Inc., up $10.18 to $79.18
The health insurer and ...
Man picked to fix AIG will step down after massive loss
NEW YORK (AP) — Three weeks after AIG reported a titanic loss, the person chosen to turn things around at one of the world’s largest insurance companies is stepping down.
AIG said Thursday that CEO Peter Hancock, appointed less than three years ago, will remain as the company’s chief ...
NY state settles fraud lawsuit vs. former AIG CEO Greenberg
NEW YORK (AP) — A 12-year legal battle between state prosecutors and the former chief executive of insurance company American International Group Inc. has been settled, both parties announced Friday.
A lawsuit claimed ex-AIG chief executive Maurice “Hank” Greenberg and ex-chief financial ...
91-year-old ex-AIG boss Greenberg testifies at state trial
NEW YORK (AP) — A 91-year-old former chief executive of insurance company AIG seems eager to defend himself against civil fraud charges in New York.
Maurice Greenberg recalled in testimony in state Supreme Court on Tuesday what he could from decades of leading American International Group ...
NEW YORK (AP) — AIG says it is selling its stake in United Guaranty to Arch Capital Group in a cash-and-stock deal worth $3.4 billion.
It’s part of New York-based American International Group Inc.’s ongoing effort to streamline its organization.
United Guaranty Corp. is a major ...