AIG Posts $2.4 Billion Net Loss Friday, November 5, 8:16 AM ET, by Market News Video Staff American International Group (AIG) posted a net loss of $2.4 billion for the third quarter ...
Best and Worst ETF Performers of the Week Friday, November 5, 4:36 PM ET, by Market News Video Staff The Fed issued its "beige book report" and Republicans gained control of the Congress this ...
BLK Upgraded at Citigroup Thursday, November 11, 1:11 PM ET, by Market News Video Staff Investment management giant BlackRock (BLK) was upgraded by Citigroup (C) today, from hold to buy. ...
Four Potential Buyers Looking at AIG’s Taiwan Unit Tuesday, November 23, 10:04 AM ET, by Market News Video Staff There is interest from four potential acquirers in American International Groups (AIG) Taiwan-based Nan Shan ...
AIG to Sell Bonds For First Time Since Bailout Tuesday, November 30, 1:05 PM ET, by Market News Video Staff American International Group (AIG) has filed for a bond offering. The timing and maturities of ...
By Market News Video Staff, Friday, November 5, 8:16 AM ET
American International Group (NYSE:AIG) posted a net loss of $2.4 billion for the third quarter of 2010, or a loss of $17.62 per diluted common share, compared to net income of $455 million, or $0.68 per diluted common share, in the third quarter of 2009.
Shares of AIG are trading lower by 1.7% in the premarket.
The Rydex S&P Equal Weight Financial ETF (AMEX:RYF) counts AIG as its top holding at 1.45% of its portfolio. Other big holdings include Prologics (NYSE:PLD), T Rowe Price Group (NASDAQ:TROW) and Discover Financial Services (NYSE:DFS).
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