International Business News - AIG http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Shares of United Technologies Corp. rose in a short trading session Thursday, as the Dow Jones industrial average recovered from an annual low. In an abbreviated session that ended at 1 p.m., the blue chip index gained 73.03 points to 11,288.54. Earlier in the day, the Dow hit an annual low of 11,157.21, and the index is trading at its lowest levels since August 2006. http://www.ibtimes.com/articles/20080703/djia-leaders-laggards-utx-aig.htm Thu, 03 Jul 2008 14:13:37 EDT Shares of insurers opened mixed Thursday morning as the broader market veered between positive and negative territory after the Labor Department said the unemployment rate held steady at 5.5 percent in June. http://www.ibtimes.com/articles/20080703/opening-glance-insurers-open-mixed.htm Thu, 03 Jul 2008 10:07:53 EDT Shares of insurers mostly rose Wednesday morning along with the broader market despite expectations that a new report will show factory orders slowed in May because of shrinking demand due to higher energy prices. http://www.ibtimes.com/articles/20080702/opening-glance-insurers.htm Wed, 02 Jul 2008 10:06:03 EDT American International Group Inc will give its former chief executive Martin Sullivan a $47 million exit package. http://www.ibtimes.com/articles/20080701/aig-retirment-package-sullivan.htm Tue, 01 Jul 2008 20:37:19 EDT Shares of insurers were split Tuesday with financial insurers mostly declining while property and casualty insurers mostly rose. The broader market posted slight gains, rebounding from sharp declines earlier in the session as oil prices rose again toward a new record high. http://www.ibtimes.com/articles/20080701/closing-glance-insurers-end-mixed.htm Tue, 01 Jul 2008 16:11:28 EDT Shares of insurers mostly rose Tuesday morning even as the broader market declined amid continued worry about how rising oil prices will affect the economy. http://www.ibtimes.com/articles/20080701/opening-glance-insurers.htm Tue, 01 Jul 2008 10:10:03 EDT The Dow Jones industrial average ended higher on Monday, with shares of Verizon Communications Inc. posting the biggest gain. The Dow rose 3.50 to 11,350.01, as the price of oil set another record above $143 a barrel, but retreated later in the session. http://www.ibtimes.com/articles/20080630/djia-leaders-laggards-aig-vz.htm Mon, 30 Jun 2008 16:53:36 EDT Shares of Verizon Communications Inc. rose at midday, making the biggest gains on the Dow Jones industrial average as the blue chip index moved higher. http://www.ibtimes.com/articles/20080630/midday-leaders-laggards-djia.htm Mon, 30 Jun 2008 13:22:18 EDT Shares of insurers mostly fell early Monday morning as the broader market slipped slightly on a continued rise in oil and amid a report that bond insurer MBIA Inc. is selling bonds to raise cash. http://www.ibtimes.com/articles/20080630/opening-glance-insurers.htm Mon, 30 Jun 2008 11:55:21 EDT American International Group Inc will accept up to $5 billion in losses from sales of investments from a dozen insurance units after they suffered $13 billion in writedowns linked to the collapsed subprime mortgage market. http://www.ibtimes.com/articles/20080627/aig-subprime.htm Fri, 27 Jun 2008 13:20:09 EDT American International Group Inc. said Thursday it will retain its aircraft leasing division, contrary to some reports that suggested the unit may be spun off. http://www.ibtimes.com/articles/20080626/aig-decides-to-retain-aircraft-leasing-unit.htm Thu, 26 Jun 2008 19:09:54 EDT Among the stock activity stories for Thursday, June 26, from AP Financial News: NEW YORK (AP)--Shares of Herman Miller Inc. rose on Thursday, after the furniture maker reported strong fourth-quarter results, helped by international results. http://www.ibtimes.com/articles/20080626/movers-roundup-herman-miller-city-national.htm Thu, 26 Jun 2008 17:41:53 EDT The Dow Jones industrial average plunged Thursday, and all 30 component stocks declining following a new surge in oil prices and concerns about key sectors of the economy, including the financial, high-tech and automotive sectors. http://www.ibtimes.com/articles/20080626/djia-leaders-laggards-gm-bac-c-axp.htm Thu, 26 Jun 2008 16:38:05 EDT Shares of insurers fell sharply Thursday along with the broader market as oil prices surged and companies in the financial, automotive and high-tech industries warned of slowdowns. http://www.ibtimes.com/articles/20080626/closing-glance-insurers.htm Thu, 26 Jun 2008 16:08:47 EDT Shares of American International Group Inc. hit an 11-year low Thursday, as investors remain concerned that the world's largest insurer could post losses for the third straight quarter. http://www.ibtimes.com/articles/20080626/aig-shares-tumble-to-11-year-low.htm Thu, 26 Jun 2008 14:28:12 EDT A downgrade from a Goldman Sachs analyst helped sink General Motors Corp. shares to their lowest levels in decades Thursday, and the auto maker took the biggest midday loss as the Dow Jones industrial average tumbled to a 21-month low. http://www.ibtimes.com/articles/20080626/midday-leaders-laggards-djia.htm Thu, 26 Jun 2008 12:36:18 EDT Shares of insurers fell early Thursday morning after Specialty Underwriters' Alliance rejected a takeover bid that would have paid shareholders an 18 percent premium over Wednesday's closing price and as the broader market declined sharply. http://www.ibtimes.com/articles/20080626/opening-glance-insurers-decline.htm Thu, 26 Jun 2008 10:19:43 EDT Shares of insurers mostly rose Wednesday, holding onto gains after the Federal Reserve Board kept a key interest rate at 2 percent, but said rising energy prices are likely to quicken inflation and limit growth. http://www.ibtimes.com/articles/20080625/closing-glance-insurers-mostly-rise.htm Wed, 25 Jun 2008 16:25:50 EDT Shares of insurers mostly rose Wednesday morning as the broader market posted gains ahead of an expected announcement later in the day that the Federal Reserve Board will keep its key interest rate at 2 percent. http://www.ibtimes.com/articles/20080625/opening-glance-insurers.htm Wed, 25 Jun 2008 10:15:29 EDT AIG Investments, the asset management unit of American International Group Inc., said late Tuesday it and partner Highstar Capital sold their 50 percent stake in InterGen NV, a power generation company based in the Netherlands. http://www.ibtimes.com/articles/20080625/aig-investments-sells-stake-in-intergen.htm Wed, 25 Jun 2008 10:10:03 EDT