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American International Group Popping 7% (AIG)
Tuesday, December 14, 2010 - 11:46am | 52American International Group, Inc. (NYSE: AIG) is up $3.64 to $52.16, a gain of 7.5%. The stock has been up 70% and the two biggest shareholders the U.S. Treasury and Bruce Berkowitz of Fairholme Capital stand to reap huge profits once their stakes are finally sold off.
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S&P Upgraded Outlook on Loews - Analyst Blog
Tuesday, December 14, 2010 - 11:30am | 624Standard & Poor's Ratings Services (S&P) upgraded the outlook on Loews Corporation (L) to "positive" from "stable". The rating agency also affirmed the investment-grade counterparty credit rating of “A”. Based on Loews' strength of cash flows coupled with solid earnings to service debt...
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S&P Upgraded Outlook on Loews - Analyst Blog
Tuesday, December 14, 2010 - 11:00am | 624Standard & Poor's Ratings Services (S&P) upgraded the outlook on Loews Corporation (L) to "positive" from "stable". The rating agency also affirmed the investment-grade counterparty credit rating of “A”. Based on Loews' strength of cash flows coupled with solid earnings to service debt...
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American International Group Up In December
Monday, December 13, 2010 - 8:56am | 74American International Group, Inc. (NYSE: AIG) is slightly higher in pre-market trading, but the more important note is the stock is up 11% in December. Last week, the company announced it was moving out from the Federal Reserve's credit line, as part of the proceeds from the sale of its two...
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The "Greater Good" of TARP - Analyst Blog
Monday, December 13, 2010 - 4:30am | 788According to the data obtained by The Associated Press on Thursday, the $700 billion Troubled Asset Relief Program (TARP) has already earned about $35 billion in income. The program was initiated two years back to rescue the nation's financial industry. So the government's highly criticized...
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Friday's Mid-Day Options Volume Leaders (C, BAC, CSCO, AIG, NFLX)
Friday, December 10, 2010 - 11:18am | 113The market continues to consolidate at these lofty levels, which is constructive. It will be interesting to see how we close today, as well as how options expiration week fairs. Here are you mid-day options volume leaders… 1. Citigroup (NYSE: C) 27,667 contracts, 79.9% calls, 20.1% puts 2. Bank of...
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The "Greater Good" of TARP - Analyst Blog
Friday, December 10, 2010 - 10:00am | 788According to the data obtained by The Associated Press on Thursday, the $700 billion Troubled Asset Relief Program (TARP) has already earned about $35 billion in income. The program was initiated two years back to rescue the nation's financial industry. So the government's highly criticized...
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Stock Market News For Dec 10, 2010 - Market News
Friday, December 10, 2010 - 9:33am | 948On Thursday, markets registered modest upward movement. The blue chip index was led slightly lower primarily due to a weak forecast from DuPont (NYSE: DD), but the S&P 500 closed at its two year high, while Nasdaq moved to its highest level since December 2007. The major benchmark indices...
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The "Greater Good" of TARP - Analyst Blog
Friday, December 10, 2010 - 9:23am | 788According to the data obtained by The Associated Press on Thursday, the $700 billion Troubled Asset Relief Program (TARP) has already earned about $35 billion in income. The program was initiated two years back to rescue the nation's financial industry. So the government's highly criticized...
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The "Greater Good" of TARP - Analyst Blog
Friday, December 10, 2010 - 9:23am | 788According to the data obtained by The Associated Press on Thursday, the $700 billion Troubled Asset Relief Program (TARP) has already earned about $35 billion in income. The program was initiated two years back to rescue the nation's financial industry. So the government's highly criticized...
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Stock Market News For Dec 10, 2010 - Market News
Friday, December 10, 2010 - 9:10am | 948On Thursday, markets registered modest upward movement. The blue chip index was led slightly lower primarily due to a weak forecast from DuPont (NYSE: DD), but the S&P 500 closed at its two year high, while Nasdaq moved to its highest level since December 2007. The major benchmark indices...
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Insurance Industry Stock Review - Dec. '10 - Zacks Analyst Interviews
Thursday, December 9, 2010 - 4:18pm | 2122After enduring stress with respect to pricing pressure and reduced insured exposure through mid-2009, the overall health of the U.S. insurance industry has started improving. Though the market turmoil forced many companies to take immense write-downs, the worst of the crisis appears to be now...
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Insurance Industry Stock Review - Dec. '10 - Industry Outlook
Thursday, December 9, 2010 - 4:18pm | 2122After enduring stress with respect to pricing pressure and reduced insured exposure through mid-2009, the overall health of the U.S. insurance industry has started improving. Though the market turmoil forced many companies to take immense write-downs, the worst of the crisis appears to be now...
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Insurance Industry Stock Update - Dec. 2010 - Industry Outlook
Thursday, December 9, 2010 - 4:18pm | 2122After enduring stress with respect to pricing pressure and reduced insured exposure through mid-2009, the overall health of the U.S. insurance industry has started improving. Though the market turmoil forced many companies to take immense write-downs, the worst of the crisis appears to be now...
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Insurance Industry Stock Update - Dec. 2010 - Industry Outlook
Thursday, December 9, 2010 - 4:06pm | 2122After enduring stress with respect to pricing pressure and reduced insured exposure through mid-2009, the overall health of the U.S. insurance industry has started improving. Though the market turmoil forced many companies to take immense write-downs, the worst of the crisis appears to be now...