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, Tuesday, November 30, 1:05 PM ET
American International Group (NYSE:AIG) has filed for a bond offering. The timing and maturities of the offering were not disclosed in the filing, however Bloomberg reports the offering could come as early as today, and that the firm will likely issue notes due in January 2014 and December 2020.
The offering would be AIG’s first since the government bailout in 2008.
AIG shares are trading down 0.9% Tuesday.
At 1.52% of the fund, AIG is the fourth-largest holding in the Rydex S&P Equal Weight Financial Fund (AMEX:RYF). Discover Financial Services (NYSE:DFS), Prologis (NYSE:PLD) at and T. Rowe Price (NASDAQ:TROW) share the title of top holding, at 1.54% each. State Street (STT) is 1.48% of the fund.
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