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Stock Market News for Jan 6, 2011 - Market News
Thursday, January 6, 2011 - 9:07am | 1220Read More...Reports released yesterday showed a three times jump over economists' expectations regarding job creation in the private sector in December 2010. Positive data from the Institute of Supply Management also boosted investors' confidence. Additionally, on a sectoral basis, the financial sector led a...
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Benzinga's Political Roundup (AIG)
Wednesday, January 5, 2011 - 12:18pm | 123Read More...AIG (NYSE: AIG) was offered more than $3 billion for its Taiwanese life insurance unit, as it looks to pay back the U.S. government. The FDIC is suing ex-executives of failed banks to recover $2.5 billion. The Federal Reserve is standing by its quantitative easing policy, despite the rise in long-...
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AIG Trading Higher Today (AIG)
Wednesday, January 5, 2011 - 10:26am | 26Read More...AIG (NYSE: AIG) is trading higher today. At last check, AIG was trading at $59.10, up 4.09% from yesterday's close.
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Benzinga's Political Roundup (AIG)
Tuesday, January 4, 2011 - 12:05pm | 99Read More...AIG (NYSE: AIG) is considering an alternative proposal for its Taiwan unit, as it looks to pay back the U.S. government. The U.S. government cleared the way for some drillers to return to the Gulf of Mexico. The CFTC needs to come up with a Plan B on regulating derivatives if its budget is not...
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U.S. Debt Hits $14 Trillion And Counting
Tuesday, January 4, 2011 - 10:29am | 641Read More...The U.S. government is about to reach it's $14.3 trillion debt ceiling by the early spring of 2011. Yesterday, the White House Council of Economic Advisers Chairman Austan Goolsbee made a strong case that the debt ceiling would have to be raised or the economy in the United States would be...
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AIG to Sell Its Blackstone Stake? - Analyst Blog
Monday, January 3, 2011 - 2:30pm | 982Read More...In an attempt to repay the government bailout, American International Group Inc. (AIG) is planning to dispose its $510 million stake in The Blackstone Group (BX). According to the SEC filing, AIG had acquired 7% stake in Blackstone by investing $150 million in July 1998. In addition, during the...
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AIG to Sell Its Blackstone Stake? - Analyst Blog
Monday, January 3, 2011 - 1:53pm | 982Read More...In an attempt to repay the government bailout, American International Group Inc. (AIG) is planning to dispose its $510 million stake in The Blackstone Group (BX). According to the SEC filing, AIG had acquired 7% stake in Blackstone by investing $150 million in July 1998. In addition, during the...
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What's Hot on TheStreet
Monday, January 3, 2011 - 11:02am | 324Read More...Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet AIG's Fate Became a Wall Street Battleground When American International Group (NYSE: AIG) got into trouble more than two years ago, it turned to Blackstone (NYSE: BX) as one of the few Wall Street players it...
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American Financial Group Declares Quarterly Dividend of $0.16
Monday, January 3, 2011 - 9:00am | 43Read More...American Financial Group, Inc. (NYSE: AFG) announced that it has declared a quarterly dividend of $0.1625 per share of American Financial Group Common Stock. The dividend is payable on January 25, 2011 to holders of record on January 14, 2011.
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Zacks #5 Rank Additions for Monday - Tale of the Tape
Monday, January 3, 2011 - 8:30am | 344Read More...Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: ACI Worldwide Inc (ACIW) Alaska Comm Systems Inc (ALSK) BNC Bancorp (BNCN) Crescent Financial Corp (CRFN) Eastern Insurance Holdings (EIHI) View the entire Zacks #5 Rank List. ACI WORLDWIDE (ACIW): Free Stock Analysis...
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Zacks #5 Rank Additions for Monday - Tale of the Tape
Monday, January 3, 2011 - 8:14am | 344Read More...Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: ACI Worldwide Inc (ACIW) Alaska Comm Systems Inc (ALSK) BNC Bancorp (BNCN) Crescent Financial Corp (CRFN) Eastern Insurance Holdings (EIHI) View the entire Zacks #5 Rank List. ACI WORLDWIDE (ACIW): Free Stock Analysis...
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Benzinga's Political Roundup
Friday, December 31, 2010 - 12:05pm | 106Read More...Steve Rattner will pay $10 million to settle kickback allegations involving New York's pension fund. AIG (NYSE: AIG) may be preparing to sell its stake in Blackstone (NYSE: BX), which is worth $510 million, as it continues to pay back the U.S. government. The FDA approved 21 drugs this year, the...
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Options Brief: The Hartford (HIG)
Friday, December 31, 2010 - 10:14am | 102Read More...Shares of The Hartford Financial Services Group (NYSE: HIG) are higher on the session by 0.04%, trading at $26.32. Overall call volume is now running at 2.33x the daily average, with 6% of all calls traded being purchases on the offer. 16,095 contracts have traded on the session so far. The...
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AIG Settles $146M Lawsuit - Analyst Blog
Wednesday, December 29, 2010 - 1:33pm | 731Read More...Recently, American International Group Inc. (AIG) negotiated with the insurance regulators and settled a multi-state workers compensation probe for $146.5 million. This comprises about $100 million in fines and other penalties to resolve claims and about $46.5 million in additional taxes and...
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AIG Settles $146M Lawsuit - Analyst Blog
Wednesday, December 29, 2010 - 1:00pm | 731Read More...Recently, American International Group Inc. (AIG) negotiated with the insurance regulators and settled a multi-state workers compensation probe for $146.5 million. This comprises about $100 million in fines and other penalties to resolve claims and about $46.5 million in additional taxes and...
