American International News (NYSE:AIG)

DateTimeSource
Headline
02/21/20172:39PMDJNVail Resorts to Buy Stowe Mountain Resort Operations From AIG -- 4th Update
By Ezequiel Minaya and Leslie Scism Vail Resorts Inc. agreed to buy the ski operations of Stowe Mountain Resort in northern Vermont for about $50 million from insurance giant American International Group Inc. Vail Resorts will acquire Stowe's ski business, related infrastructure and machinery and summer season on-mountain... More...>>
02/21/20171:33PMDJNVail Resorts to Buy Stowe Mountain Resort Operations From AIG -- 3rd Update
By Ezequiel Minaya and Leslie Scism Vail Resorts Inc. said it would buy the ski operations of Stowe Mountain Resort in northern Vermont for about $50 million from the real-estate business of insurance giant American International Group Inc. Vail Resorts will acquire Stowe's ski business, related infrastructure and... More...>>
02/21/201712:14PMDJNVail Resorts to Buy Stowe Mountain Resort Operations From AIG -- 2nd Update
By Ezequiel Minaya and Leslie Scism Vail Resorts Inc. said it would buy the ski operations of Stowe Mountain Resort in northern Vermont for about $50 million from the real-estate business of insurance giant American International Group Inc. Vail Resorts will acquire Stowe's ski business, related infrastructure and... More...>>
02/21/201710:52AMDJNVail Resorts to Buy Stowe Mountain Resort Operations From AIG -- Update
By Ezequiel Minaya and Leslie Scism Vail Resorts Inc. said it would buy the ski operations of Stowe Mountain Resort in northern Vermont for about $50 million from the real-estate business of insurance giant American International Group Inc. Vail Resorts will acquire Stowe's ski business, related infrastructure and... More...>>
02/21/20179:43AMDJNVail Resorts to Buy Stowe Mountain Resort Operations From AIG
By Ezequiel Minaya Vail Resorts Inc. said it would buy the ski operations of Stowe Mountain Resort in northern Vermont for about $50 million from the real-estate business of insurance giant American International Group Inc. Vail Resorts will acquire Stowe's ski business, related infrastructure and machinery and summer... More...>>
02/21/20178:00AMBWAIG Global Real Estate Agrees to Sell Stowe Mountain Operations to Vail Resorts
AIG Global Real Estate announced today that it has signed an agreement to sell the mountain operations of Stowe Mountain Resort to Vail Resorts, Inc. The sale includes Stowe’s ski operations, related infrastructure and machinery, and the summer season on-mountain attractions. The deal is subject to Vermont administrative... More...>>
02/16/20173:03AMDJNAIG Reins In Goals, Hitting Stock -- WSJ
By Leslie Scism American International Group Inc.'s turnaround plan took a hit after disappointing fourth-quarter earnings sent its shares tumbling 9%. The insurance giant told analysts that it will now be more difficult to meet two important year-end targets for improving profitability in the company's core... More...>>
02/15/20176:48PMDJNAfter Earnings Miss, AIG Scales Back Profit Goals
By Leslie Scism American International Group Inc.'s turnaround plan took a hit following a disappointing fourth-quarter earnings report that sent its shares tumbling 9%. The insurance giant told analysts that it will now be more difficult to meet two important year-end targets for improving profitability in the company's... More...>>
02/15/20173:02AMDJNAIG Posts Loss on Higher Reserves -- WSJ
By Leslie Scism American International Group Inc. posted a $5.6 billion pretax charge to boost its claims reserves, larger than expected and leading to one of the company's worst quarterly results since the financial crisis. Even as AIG posted a $3.04 billion net loss, or $2.96 a share, its board announced a $3.5... More...>>
02/14/20176:46PMDJNAIG Posts Loss on Large Charge to Boost Reserves -- Update
By Leslie Scism American International Group Inc. posted a $5.6 billion pretax charge to boost its claims reserves, larger than expected and leading to one of the company's worst quarterly results since the financial crisis. Even as AIG posted a $3.04 billion net loss, or $2.96 a share, its board announced a $3.5... More...>>
02/14/20176:11PMDJNAIG Posts Loss on Large Charge to Boost Reserves -- Update
By Leslie Scism American International Group Inc. posted a $5.6 billion pretax charge to boost its claims reserves, larger than expected and leading to one of the company's worst quarterly results since the financial crisis. Even as AIG posted a $3.04 billion net loss, or $2.96 a share, its board announced a $3.5... More...>>
02/14/20175:03PMDJNAIG Posts Loss on Large Charge to Boost Reserves
By Leslie Scism American International Group Inc. posted a $5.6 billion pretax charge to boost its claims reserves, larger than expected and leading to one the company's worst quarterly results since the financial crisis. Even as AIG posted a $3.04 billion net loss, or $2.96 a share, its board announced a $3.5 billion... More...>>
02/14/20174:17PMBWAIG Reports Fourth Quarter 2016 Results
Transformative Actions Taken During 2016 American International Group, Inc. (NYSE:AIG) today announced results for the quarter and fiscal year ended December 31, 2016. "We took decisive actions in 2016 to dramatically reduce uncertainty and deliver higher quality, more sustainable earnings in the future," said Peter D... More...>>
02/14/20174:17PMBWAIG Board of Directors Authorizes Repurchase of Additional Shares of AIG Common Stock, Declares Common Stock Dividend
American International Group, Inc. (NYSE:AIG) today announced the following actions taken by its Board of Directors: Authorized the repurchase of additional shares of AIG Common Stock with an aggregate purchase price of up to $3.5 billion. During 2016, AIG repurchased approximately $11.5 billion of AIG Common Stock and... More...>>
02/13/20179:15AMBWAIG Names Robert Scheinerman President, Group Retirement; Appoints Todd Solash President, Individual Retirement
American International Group, Inc. (NYSE:AIG), today announced that Robert Scheinerman, currently President, Individual Retirement, will become President, Group Retirement. Adding to the strength and breadth of its management team, Todd Solash has joined AIG as President, Individual Retirement. “The goal of our Individual... More...>>
02/11/20173:02AMDJNSure Hand Steers a Berkshire Bet -- WSJ
A former AIG executive is leading the conglomerate's specialty-insurance foray By Nicole Friedman Peter Eastwood likes to say that a new insurance company he started is "not entitled to anybody's business." He also has an advantage that most don't: the backing of Warren Buffett. The billionaire... More...>>
02/11/20173:02AMDJNGreenberg Settles Civil-Fraud Allegations in AIG Case -- WSJ
By Leslie Scism Maurice "Hank" Greenberg struck a $9 million settlement to resolve 12-year-old civil-fraud allegations brought against him by New York's attorney general tied to when he ran American International Group Inc. The government originally had sought billions in damages. The mediated settlement... More...>>
02/10/20177:52PMDJNFormer AIG Chief Hank Greenberg Settles Fraud Case -- 3rd Update
By Leslie Scism Maurice "Hank" Greenberg struck a $9 million settlement to resolve 12-year-old civil-fraud allegations brought against him by New York's attorney general tied to when he ran American International Group Inc. The government originally had sought billions in damages. The mediated settlement... More...>>
02/10/20177:32PMDJNFormer AIG Chief Hank Greenberg Settles Fraud Case -- 2nd Update
By Leslie Scism Maurice R. "Hank" Greenberg struck a $9 million settlement to resolve 12-year-old civil-fraud allegations brought against him by New York's attorney general tied to when he ran American International Group Inc. In a statement Friday, Mr. Greenberg said that as a result of the transactions... More...>>
02/10/20176:44PMDJNFormer AIG Chief Hank Greenberg Settles Fraud Case -- Update
By Leslie Scism Maurice R. "Hank" Greenberg struck a $9 million settlement to resolve 12-year-old civil-fraud allegations brought against him by New York's attorney general tied to when he ran American International Group Inc. The government originally had sought billions in damages. The settlement enables... More...>>
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