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A collection of news and information related to American International Group published by this site and its partners.

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    May 17, 2013 |Story| Reuters
  1. Judge revives Dexia's mortgage lawsuit vs. JPMorgan

    Reuters
    (Reuters) - A federal judge has revived a closely watched lawsuit accusing JPMorgan Chase & Co of misleading Belgian-French bank Dexia SA into buying more than $1.6 billion of troubled mortgage debt. Citing a recent federal appeals court decision...

    Tags: Justice System, Trials, Bears Stearns Cos., Manhattan (New York City), Laws

  2. May 15, 2013 |Story| Reuters
  3. Hedge funds shop at Supervalu, sour on Apple

    Reuters
    NEW YORK (Reuters) - Barry Rosenstein's JANA Partners liked grocery chain Supervalu Inc in a big way in the first quarter, while Philippe Laffont's Coatue Management lost its stomach for the company's shares. Regulatory filings revealed that JANA, a...

    Tags: Apple iPhone, Computer Hardware, Sprint Nextel Corporation, Yahoo! Inc., Humana Incorporated

  4. May 9, 2013 |Story| Reuters
  5. Hedge fund manager Cooperman likes banking company Monitise

    Reuters
    LAS VEGAS, May 9 (Reuters) - Billionaire hedge fund manager Leon Cooperman listed some of his favorite stocks on Thursday and said the biggest winner of all might be mobile banking company Monitise Plc "That's a five bagger," Cooperman, who runs Omega...

    Tags: Yelp, Inc., Goldman Sachs Group, Inc., Rentals, Qualcomm Inc., Citigroup Incorporated

  6. May 7, 2013 |Story| Reuters
  7. AIG may pursue fraud case vs BofA over Countrywide

    Reuters
    * AIG says misled over Countrywide securities * California judge rules in $10 billion case * Bank of America to defend against remaining claims By Jonathan Stempel May 7 (Reuters) - American International Group Inc may pursue a lawsuit accusing...

    Tags: Justice System, Trials, Judges, Mortgages, Merrill Lynch & Company Inc.

  8. May 7, 2013 |Story| Reuters
  9. U.S. RESEARCH ROUNDUP: AIG, Yahoo, Gap, BroadSoft

    Reuters
    May 7 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including AIG, Gap, TJX and Yahoo, on Tuesday. HIGHLIGHTS * Yahoo : Stifel raises price target to $31 from $27; rating * Retail:...

    Tags: Adobe Systems Inc., Goldman Sachs Group, Inc., Deutsche Bank AG, GameStop, Marketing

  10. May 7, 2013 |Story| Reuters
  11. BRIEF-AIG shares down following ratings cut from Goldman

    Reuters
    NEW YORK, May 7 (Reuters) - American International Group Inc : * Shares down 1.6 percent in premarket trade following ratings cut from Goldman
  12. May 6, 2013 |Story| Reuters
  13. Loeb's Third Point up 10.5 pct for year through April -letter

    Reuters
    By Katya Wachtel NEW YORK, May 6 (Reuters) - Daniel Loeb's flagship hedge fund gained 1.4 percent in April, pushing returns to 10.5 percent for the year, according to an investor note reviewed by Reuters. The broader stock market gained 1.9 percent in...

    Tags: Japan, International Paper Company

  14. May 6, 2013 |Story| Reuters
  15. U.S. RESEARCH ROUNDUP: Apple, Berkshire Hathaway, Walt Disney, AIG

    Reuters
    May 6 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Apple, Berkshire Hathaway and Walt Disney, on Monday. HIGHLIGHTS * Apple : Barclays ups target price to $525 from $465; rating...

    Tags: Deutsche Bank AG, Marketing, United States Cellular Corporation, Ratings, Agilent Technologies Incorporated

  16. May 3, 2013 |Story| Reuters
  17. U.S. RESEARCH ROUNDUP: Estee Lauder, Actavis, MGM Resorts

    Reuters
    May 3 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Estee Lauder and MGM Resorts, on Friday. HIGHLIGHTS * LinkedIn Corp : BMO, JP Morgan, Canaccord Genuity, others raise...

    Tags: Goldman Sachs Group, Inc., Deutsche Bank AG, Marketing, Fortune Brands Incorporated, Ratings

  18. May 3, 2013 |Story| Reuters
  19. CANADA STOCKS-TSX set to open higher after strong U.S. jobs data

    Reuters
    May 3 (Reuters) - Canada's main stock index looked set to open higher on Friday after stronger-than-expected U.S. jobs data raised hopes about the outlook for the North American economy. TOP STORIES * U.S. employment rose more than expected in April,...

    Tags: TransCanada Corporation, Canadian Natural Resources Limited, Sierra Wireless Incorporated, Marketing, Petroleum Industry

  20. May 3, 2013 |Story| Reuters
  21. U.S. housing regulator lifts objection to $8.5 bln BofA deal

    Reuters
    By Karen Freifeld NEW YORK, May 3 (Reuters) - The Federal Housing Finance Agency on Friday withdrew its conditional objection to Bank of America Corp's proposed $8.5 billion settlement with investors in Countrywide mortgage-backed securities. Other...

    Tags: Finance, Economy, Business and Finance, Fannie Mae, Manhattan (New York City), Mortgages

  22. May 3, 2013 |Story| Baltimore Sun
  23. Working poor didn't cause crash

    I must take issue with letter writer Stanley Glinka's assertion that it was "the policy of forcing banks to give loans to people who could not afford them" that led to our current financial mess ("Stop blaming Bush," May 1).
    I must take issue with letter writer Stanley Glinka's assertion that it was "the policy of forcing banks to give loans to people who could not afford them" that led to our current financial mess ("Stop blaming Bush," May 1). First of all, we need to...

    Tags: Personal Income, Federal Deposit Insurance Corporation

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