Multi-line Insurance

The U.S. Treasury is set to make a small profit from the sale of $8.7 billion worth of American International Group (NYSE: AIG) stock, as the insurer looks to pay back the taxpayer for bailing it out in 2008. If Greece were to default, there could be contagion, and could push Portugal and...

Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only...

The Hartford (NYSE: HIG) today announced a definitive agreement to sell Federal Trust Corporation to CenterState Banks, Inc. The sale, which is subject to regulatory approval, is expected to close in the fourth quarter and is consistent with The Hartford's other recent sales of non-core operations...

International Lease Finance Corporation, a wholly-owned subsidiary of American International Group, Inc. (NYSE: AIG), announced today that it intends to offer, subject to market and other conditions, a benchmark offering of its unsecured senior notes, to be issued in two separate series, maturing...

“It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price. There could be many explanations for this” -Warren Buffett. If you look at Wall Street, it seems American International Group (AIG) IPO is finally going to happen. AIG and the government are...

NeoStem (NYSE: NBS),  an international biopharmaceutical company with product and service revenues, global research and development capabilities and operations in three distinct business units – U.S. adult stem cells, China adult stem cells, and China pharmaceuticals – announced today that an...

Greece is being pressured it sell some of its assets and deepen spending cuts in order to restructure the bailout package it received last year. The U.S. government has hit its debt ceiling today, and will try to avoid a default, which is set for 11 weeks from now. American International...

Assurant, Inc. (NYSE: AIZ) announces that its board of directors has declared a quarterly dividend of $.18 per share of common stock. This represents a 13 percent increase above the quarterly dividend of $.16 per share, declared on Jan. 14, 2011. The dividend will be payable on June 7, 2011 to...

NVIDIA Corporation (NVDA), provider of visual computing technologies and the inventor of the graphics processing unit, is down 6.3% premarket to $19.22, relative to a 52-week range of $8.65-$26.17. Penson Worldwide (PNSN), provider of a range of critical securities and futures processing...

The $9 billion American International Group (NYSE: AIG) stock offering from the U.S. Treasury may be postponed if the Treasury can't do it profitably. AIG and profitability haven't been going hand in hand lately. Just see 2008.

Raj Rajaratnam was found guilty yesterday of insider trading on companies like AMD (NYSE: AMD). Rajaratnam was convicted on all 14 counts of securities fraud and conspiracy against him. According to sources close to the situation, the $9 billion American International Group (NYSE: AIG) stock sale...

Cusick's Corner The market was not able to muster much of a bounce off the lows, all the major indices closed in the red. Short Dollar players got squeezed today and the Euro currency has broken, which only ratcheted up the pressure on the uber hot commodity markets. While this dynamic can change...

International Lease Finance Corporation, a wholly owned subsidiary of American International Group, Inc. (NYSE: AIG), today announced the appointment of Elias Habayeb to the position of Chief Financial Officer effective May 11, 2011. Mr. Habayeb will lead the company's financial operations...

Shares of Genworth Financial (NYSE: GNW) are higher on the session by 3.11%, trading at $11.60. Overall call volume is now running at 7.11x the daily average, with 54% of all calls traded being purchases on the offer. 12,691 contracts have traded on the session so far. Genworth Financial, Inc....

This morning, AIG (NYSE: AIG) and the U.S. Treasury announced that they would be going ahead with the "re-IPO" of AIG, and sell a combined 300 million shares of the embattled insurer back to the public. With AIG's share slide since the beginning of the year, is a $9 billion offering in the best...