Stocks to Watch (AIG, APC, CXW, EXH, FACT)

American International Group, Inc. (NYSE: AIG) The insurer bailed out by the U.S. is in talks with former Chief Executive Officer Maurice “Hank” Greenberg to settle legal disputes, the Wall Street Journal reported, without saying where it got the information. Mark Herr, a spokesman for the New York-based insurer, declined to comment to Bloomberg. Beth Dozier, a spokeswoman for Greenberg, also declined to comment.

Anadarko Petroleum Corporation (NYSE: APC) The second-biggest producer of natural gas in the U.S. and Tullow Oil Plc (TUWLY:US) may rise if exploration the companies have under way off the coast of West Africa yields significant oil and gas production, Barron’s reported, citing analysts.

Corrections Corporation of America (NYSE: CXW) The prison operator, Geo Group Inc. (GEO:US) and Cornell Cos. (CRN:US) will keep benefiting from an influx of new prisoners in the U.S. even as states attempt to rein in the costs of incarceration, Barron’s reported.

Exterran Holdings, Inc. (NYSE: EXH) The largest independent operator of contract compression equipment for natural-gas production may be overvalued by as much as 40 percent, Barron’s reported, without citing anyone. Exterran Holdings, Inc. is engaged in the full-service natural gas compression business. It provides operations, maintenance, service and equipment for oil and natural gas production, processing and transportation applications.

Facet Biotech Corporation (NASDAQ: FACT) Biogen Idec, the world’s largest maker of multiple sclerosis drugs said it extended its unsolicited $356 million offer to purchase the outstanding shares of Facet until Dec. 16. Facet Biotech Corporation is a biotechnology company. The Company is engaged in identifying and developing oncology therapeutics.