Multi-line Insurance

Shares of State Street Corp (NYSE: STT) jumped in the morning, reflecting investor appreciation of the company’s decision to buy Italy's Intesa Sanpaolo for $1.9 billion. STT’s move up on the stock market drove financial stocks higher in the day. STT’s shares added 3.62%, placing the company next...

Bloomberg quoted sources close to the people familiar with the matter as saying that American International Group Inc (NYSE: AIG) has called off its planned initial public offering for its Chartis property-casualty unit, formerly known as AIU Holdings. According to the unidentified source, AIG’s...

According to a Bloomberg report, the following stocks were amongst the major movers in equity markets. American International Group (NYSE: AIG) gained 5.5%, the second biggest in the S&P 500 index. Semiconductor major Amkor Technology (NASDAQ: AMKR) gained 9.5% on news that revenue would...

The top ten stories of the year 2009 according to the Associated Press are: 1) The U.S. economy continued to sputter throughout the year despite the $787 billion stimulus package. The federal deficit tripled, the jobless rate topped to 10 percent and stocks fell to their lowest levels. Insurance...

Below are the top 5 mid-cap stocks on the NYSE and the NASDAQ in terms of highest cash per share. Canadian Imperial Bank of Commerce (NYSE: CM) has cash per share of $1,490. CM’s market capitalization is $3.06 billion. Credit Suisse upgraded CM from “underperform” to “neutral.” American...

American International Group, Inc. (NYSE: AIG) CEO Robert Benmosche, today said that AIG needs at least two years to repay the aid it received from the government. AIG is currently trading at $28.18, decreased by 0.04%. The 52-week trading range for AIG is $6.60 - $55.90. In the last trading...

Below are the top 5 large-cap stocks on the NYSE and the NASDAQ in terms of lowest short ratio. The short ratio for Unilever plc (NYSE: UL) is 0.1. UL’s market capitalization is $34.62 billion. UBS upgraded UL from “sell” to “neutral.” The short ratio for Banco Santander (Brasil) SA (NASDAQ: BSBR)...

American International Group (NYSE: AIG), the global insurance group that is 80% owned by the government, intends to list its Asian life insurance unit on the Hong Kong stock exchange, sources familiar with the matter said Thursday. Analysts said AIG could expect to earn $20 billion from the...

Google (NASDAQ: GOOG) shares broke the old 52-week barrier of $597.31 to create a new high of $600.37. GOOG witnessed impressive growth in its display advertising business from the commencement of the year until Q3. American National Insurance Co (NASDAQ: ANAT) shares broke their 52-week old...

Below are the top 5 large-cap stocks on the NYSE and the NASDAQ in terms of highest earnings growth estimate. The five-year earnings growth estimate for AngloGold Ashanti Ltd (NYSE: AU)(FREE stock trend analysis) is 95.3%. AU’s market capitalization is $15.14 billion. AU had $1.12 billion of total...

Below are the top 5 mid-cap stocks on the NYSE and the NASDAQ in terms of the highest cash per share. Canadian Imperial Bank of Commerce (NYSE: CM) has cash per share of $1,500. CM’s market capitalization is $3.13 billion. Credit Suisse upgraded CM from “underperform” to “neutral.” American...