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AIG Earnings Preview: Lower Profit From Divested Assets

In spite of low expectations for profit, market-watchers are actually increasingly bullish on AIG, believing the most important thing to watch when the company reports quarterly results Thursday will be its plans to buy back stock from its largest shareholder, the U.S. government.
Facebook IPO

IPOs? Did Facebook?s Disaster Poison The Pipeline?

Since its May 17 pricing at $38 a share, the stunning collapse in the value of Facebook (Nasdaq: FB) the No. 1 social networking site has made history ? for its sheer size and magnitude.The IPO market remains weak.
Gold prospector

Does Friday?s Panicked Gold Rush Indicate A Gilded Rebound?

Stocks have wiped out their year-to-date gains. US payrolls are down while unemployment is up. Yields on high-demand government bonds are at record lows. Speculation abounds the US Fed might even print more money. Is it any wonder some are talking about gold?s rebound?
American International Group

Judge Tosses Part Of AIG Suit Against Bank Of America

American International Group Inc. (NYSE: AIG) was partially rebuffed in its effort to get $10 billion out of Bank of America Corp. (NYSE: BAC) Wednesday, as a Los Angeles U.S. district judge dismissed some of the New York re-insurer's claims in its securities lawsuit against the giant Charlotte, North Carolina- bank.
Freddie Mac

Freddie Mac Names Donald Layton CEO

Freddie Mac (OTC: FMCC), the second-largest U.S. mortgage guarantor, said Thursday it was appointing Donald Layton, the former head of E*Trade as its CEO.
General view of the Cash Room of the Treasury Department during the FSOC in Washington

Treasury Dept. to Sell $5 Billion of Insurance Giant AIG

The U.S. Treasury Department will sell $5 billion in shares of American International Group Incorporated (NYSE: AIG) as it continues to divest its balance sheets of the bailed-out insurance company, which has agreed to purchase $2 billion of its own shares as part of the stock offering, the company announced Monday.
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The companies whose shares are moving in pre-market trade Monday are: GTSI Corp, Tata Motors, Frontier Communications, Yahoo, National Bank of Greece, Cognizant Technology Solutions, American International Group, Southern Community Financial, Huntsman Corp. and Genworth Financial Corp.
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Pre-Market Movers (DGI, LNKD, VE, DB, DOW, NRF, SDRL, AIG)

The companies whose shares are moving in pre-market trade Friday are: DigitalGlobe Inc, Linkedin Corporation, Veolia Environnement, Deutsche Bank, The Dow Chemical Company, Northstar Realty Finance Corp and Seadrill Ltd American International Group Inc.
A woman browses job openings at a job fair in Los Angeles

US Unemployment Rate Likely To Hold At 8.2% In April

Hiring in the U.S. probably picked up somewhat in April after a disappointing showing in March renewed fears of another spring slump in the labor market, economists said in anticipation of the April non-farm payroll report due Friday.

AIG Returns To U.S. Real Estate Investment

American International Group Inc., the beleagued insurance company that was brought to its knees by the subprime mortgage collapse, is re-entering U.S. real estate investment later this year.


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