AIG

Breaking News about AIG:

Former AIG Boss Hank Greenberg Bets On Obamacare

Source: Business Balla | Feb 17 2014, 5:10pm CST | by Forbes

Maurice “Hank” Greenberg, who built AIG into an insurance powerhouse, bought medical claims processor MultiPlan for $4....
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AIG CEO told has less than year to live

Aug 28 2014 12:51pm CDT | Source: USATODAY

Robert Benmosche sped up his departure from insurer AIG after learning of worsening health ...
Full article at: USATODAY
 

 

AIG's Benmosche: I Have 9 Months To A Year Left To Live

Aug 28 2014 8:06am CDT | Source: Business Insider

AIG's Bob Benmosche told Bloomberg Television's Betty Liu that because his cancer has worsened, he has decided to step down from his role as CEO earlier than he originally planned.  He stated that his cancer "had begun massive mutations" and that now he has nine months to one year left to live. Initially, Benmosche planned to step down in the first quarter of 2015. But after his revised pro ...
Full article at: Business Insider
 

 

Latest stories

Japan to aid connectivity upgrade in northeast India
Tokyo, Sep 1 (IANS) India and Japan Monday decided to strengthen cooperation for improving connectivity and socio-economic development in northeastern states of India. | by IANS
 
Three Ebola cases recorded in Nigeria oil hub
Abuja, Sep 1 (IANS) At least three cases of Ebola virus disease (EVD) have been recorded in Nigeria's oil hub of Port Harcourt, where a fatality was confirmed last week, the country's Minister of Health Onyebuchi Chukwu said here Monday. | by IANS
 
India, Japan to elevate strategic partnership
Tokyo, Sep 1 (IANS) Prime Minister Narendra Modi Monday said relations with Japan were of the "highest priority" for his government and announced a slew of initiatives, including turning the strategic partnership into a "special" partnership and a fast-track channel for Japanese investors. | by IANS
 
 

US loses bid to dismiss $25B lawsuit over bailout

Aug 26 2014 6:04pm CDT | Source: CNBC

A federal judge has rejected the United States' bid to dismiss a more than $25 billion lawsuit filed by ex-AIG CEO ...
Full article at: CNBC
 

 

Just 6% Of Stocks On The S&P Have 'Sell' Ratings

Aug 26 2014 4:59pm CDT | Source: Business Insider

FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. Out Of 12,052 Ratings On S&P Stocks, Just 6% Are 'Sells' (Bespoke Investment) Bespoke Investment observes there are now 12,052 analyst ratings on S&P 500 stocks, which equates to 24 ratings per stock. Of those, just 6% are rated "sell." Utilities have the fewest "buy" ratings while energy companies have the most. ...
Full article at: Business Insider
 

 

Bank Of America Raises Its Value For Investors

Aug 18 2014 4:53pm CDT | Source: SeekingAlpha

By Tom Dorsey:Bank of America (NYSE:BAC) announced on August 6, 2014 it will pay a dividend of $0.05 on September 26, 2014. BAC earned $0.19 per share for the second quarter of 2014, after a net income of $2.3 billion. The company is plus $0.14 for the quarter to grow its business and its book value. Investors will support the increased dividend and the profits that push the book value up, and we expect an increase in volume over the next 2 weeks.The Nega ...
Full article at: SeekingAlpha
 

 

HCA pays $65M for AIG campus

Aug 13 2014 2:07pm CDT | Source: Nashville Business Journal

HCA, a bedrock of Nashville's growing health care sector, has paid $65 million for offices and land in southern Davidson County from insurance giant AIG. HCA is the nation's largest for-profit hospital chain. The AIG campus sits near Interstate 65 at exit 74B, about 10 miles south of downtown Nashville. HCA has acquired about 300,000 square feet of office space and some land as well. A property deed was filed Wednesday, formalizing the sale. "We ...
Full article at: Nashville Business Journal
 

 

Under SEC Questioning, Jokes and Jitters

Aug 11 2014 6:17pm CDT | Source: WSJ.com: What's News US

Former AIG executive Joseph Cassano cited his Fifth Amendment right more than 200 times when facing questions posed by the SEC in 2009. The disclosure was among the crisis-related transcripts released by the ...
Full article at: WSJ.com: What's News US
 

 

AIG Q2 Earnings: Strong Underwriting, Demand For Retirement Products Drive Growth

Aug 6 2014 12:42pm CDT | Source: Forbes Real Time

AIG reported net income of $3.1 billion for the quarter, a 14% year-over-year increase on the back of strong performance in the property and casualty (P&C) and life and retirement businesses. The net income also included a $1.4 billion after-tax gain from the sale of AIG's non-core International Lease Finance Corporation to AerCap Irel ...
Full article at: Forbes Real Time
 

 

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