AIG

Halloween and the Day of the Dead arrive this week. If analysts' forecasts are correct, there are only a few earnings reports that may scare investors. For instance, Alpha Natural Resources (NYSE: ANR) earnings are predicted to have fallen 93.1% year over year to $0.58 per share. Allstate (NYSE:...

Investor groups said to be vying for $9.65 billion in U.S. property loans held by Anglo Irish Bank include those led by Blackstone Group (NYSE: BX), Centerbridge Capital Partners, TPG Capital and Cerberus Capital Management. The deadline for bids was yesterday. The Dublin-based bank was...

Quarterly reports of note scheduled for this week include those from Archer Daniels Midland (NYSE: ADM), General Motors (NYSE: GM), MasterCard (NYSE: MA), Procter & Gamble (NYSE: PG) and Time Warner (NYSE: TWX), all of which are expected to post earnings growth, as well as Pfizer (NYSE: PFE)...

J.P. Morgan is out with its report today on AIG (NYSE: AIG), resuming coverage on AIG at Neutral. In a note to clients, J.P. Morgan writes, "We are resuming coverage of AIG with a Neutral rating and 12/31/11 price target of $32. We had been restricted on the company due to its restructuring and J....

Bank of America Merrill Lynch is out with its report today on AIG (NYSE: AIG), maintaining Buy. In a note to clients, Bank of America Merrill Lynch writes, "We are initiating coverage of AIG with a Buy rating. We believe that with the shares trading at under 60% of our estimated year-ahead book...

Goldman Sachs initiated its coverage of AIG (NYSE: AIG) with Neutral. At the same time, Goldman placed the price target on the company's stock at $31. In a research report published today, Goldman stressed that near-term risks will offset any opportunities for the company's share price to rise. In...

Has AIG (NYSE: AIG) gone from “too big to fail” to “too cheap to overlook”? Maybe. Conventional wisdom says that the smart money is found in leading the herd from pasture to pasture. However, it is unlikely you, a lone investor, have the financial means to move the entire market overnight, the way...

So the latest batch of Chicken Littles is certain that doomsday is May 21, 2011. Of course this is just the latest in a long line of end-of-the-world predictions. Someone is bound to be correct eventually, I suppose. But will this be the day? We will see soon. In the meanwhile, here are five...

Will taxpayers come out ahead when AIG (NYSE: AIG) settles its debt? Company CEO Robert Benmosche says that yes – and by about $10 billion. In fact, Benmosche told CNBC that taxpayers could see a $15 billion profit. Benmosche also said that higher value for AIG's shares would be beneficial to...

Shares of MetLife, Inc. (NYSE: MET) are currently trading at $43.97, down 4.69% from $46.04 at yesterday's close. Thus far, the trading range for MET has been from a high of $44.77 to a low of $43.74 today. The average price target analysts have for this stock is $54.53, according to Yahoo! (NASDAQ...

Reuters is reporting that AIG (NYSE: AIG) and the US Treasury are planning a public offering for 2011. According to Reuters, sources close to the matter say, "AIG and the Treasury would both sell stock in the offering, which could total more than $10 billion. An offering could come as early as...

American International Group, Inc. (NYSE: AIG) reported 3Q10 net operating income of $2.1 billion, Keefe, Bruyette & Woods reports. “The company has also announced a recapitalization plan and successfully executed upon the sales of the foreign life businesses,” KBW writes. “We are raising our...

American International Group (NYSE: AIG) closed down after a rumor began to spread about the company possibly announcing a stock offering. The shares of the company were initially higher today and briefly traded in the $54/share range. However at 3pm the rumor broke of a possible secondary issuing...

American International Group (NYSE: AIG) is poised for a strong open today. Trading in pre-market indicates an open of around $54.00/share or 11.75% above yesterday's close. The company has been very volatile with huge volume over the past several months. If it does open at the $54 level it will...

American International Group (AIG) is poised to drop around 6% this morning, after plummeting about 14% yesterday and 34% since last Friday. The run up from around $15/share in the beginning of August has largely been speculative, with no news. A downgrade and price target of $10/share from...