American International Group, Inc. (NYSE: AIG) is still one of the most hated companies, but not so by private equity buyers looking to see what meat can picked off of a carcass. …
American International Group, Inc. (NYSE: AIG) is making money on an operating basis. Joe Public, a.k.a. the Taxpayer, is making money then rightg? Maybe. Uncle Sam Insurance reported earnings of $1.14 EPS,…
Jon C. Ogg Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
Reuters: BP plc (NYSE: BP) has made final plans to plug its well. Reuters: The dollar index fell to a three-month low due to a slowing economy. Reuters: Goldman Sachs Group (NYSE:…
Updated throughout the day. Facebook may postpone its IPO until 2012 (Reuters) American International Group (NYSE: AIG) will add Citigroup (NYSE: C) as another underwriter of its AIA IPO. (Reuters) China hedge…
Reuters: Second quarter growth slowed on imports and lower consumer spending. Reuters: Republicans blocked a small business plan. Reuters: The House will take up legislation on offshore drilling. Reuters: Citigroup (NYSE: C)…
Updated throughout the day. BP plc’s CEO Tony Hayward will step down, or not (Times of London, Reuters) AIG (NYSE: AIG) picked Morgan Stanley (NYSE: MS) and Goldman Sachs Group (NYSE: GS)…
Updated throughout the day. The CEO of Nokia (NYSE: NOK) Olli-Pekka Kallasvuo is on the way out (WSJ) Robert H. Benmosche of American International Group (NYSE: AIG) may have set up two…
Updated throughout the day. “American International Group Inc.’s appointment of Mark Tucker as chief executive officer of its Asian unit shows AIG may eventually be planning a takeover bid of Prudential Plc’s…
Reuters: Moody’s downgraded Ireland’s debt. Reuters: Engineers detected seepage around the capped BP well. Reuters: The National Association for Business Economics says companies will begin to hire again but the service sector…
Updated throughout the day. American International Group (NYSE: AIG) may begin the process for an AIA IPO. (Reuters) Avis (NYSE: CAR) will top the Hertz (NYSE: HTZ) bid for Dollar-Thrifty. (NYSE: DTG)…
MarketWatch: Moody’s downgraded Portugal two notches to A1 Reuters: BP plc (NYSE: BP) will test a new oil cap in place. Reuters: The Wall St. reform bill is nearing a final vote…
If you look through activist investor hedge fund filings, one of the top fund managers and funds to watch is Bruce Berkowitz of Fairholme Capital Management, L.L.C. It is of little surprise…
Reuters: Maria Cantwell (D-WA) will support the Senate financial reform bill, giving Democrats a boost. Reuters: Automakers had a setback in June, an indication that the industry is facing slow growth. Reuters: …
Updated throughout the day. Robert Benmosche, CEO of American International Group (NYSE: AIG) threatened to resign, again. (Bloomberg) Morgan Stanley Group (NYSE: MS) will hire 100 new private bankers (NY Times) Douglas…
