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American International Group Inc

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  • The resignation of nine Toshiba executives, including the CEO, for doctoring books places the company beside the growing rogues' gallery of corporate desperados. The Houston company set a new standard for creative accounting practices. Tyco's CEO Dennis Kozlowski became the singular image of excess on Wall Street, throwing a $2 million birthday party for his...

  • July 21- Property and casualty insurer Travelers Cos Inc reported a stronger-than-expected quarterly operating profit as catastrophe losses halved and underwriting gains doubled. In the industry's biggest deal, Swiss insurer ACE Ltd said this month it would buy Travelers' arch rival Chubb Corp for $28.3 billion. "We already compete against these two...

  • July 21- Property and casualty insurer Travelers Cos Inc reported a stronger-than-expected quarterly net profit as catastrophe losses almost halved and the company recorded a gain from the resolution of tax issues. The company, which vies with American International Group Inc for the title of biggest U.S. commercial property and casualty insurer, said it...

  • Hedge funds top 2014 gain with these stocks Thursday, 18 Jun 2015 | 9:35 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Hedge fund returns in the first five months of the year have already surpassed the total for 2014. Here's how they're doing it.

  • Early movers: FDX, KYTH, HRC, PFE, LLY & more Wednesday, 17 Jun 2015 | 7:54 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • At stake in a financial meltdown: $26 trillion? Tuesday, 16 Jun 2015 | 2:36 PM ET
    Stacks of cash dollars

    As the system keeps getting bigger, so does the amount for which taxpayers, in an extreme case, would be exposed should things go haywire again.

  • Surprise ruling in AIG case that could end bailouts Tuesday, 16 Jun 2015 | 2:41 AM ET

    The judge's decision in the A.I.G case could have far-reaching consequences should another financial crisis occur.

  • Traders on the floor of the New York Stock Exchange.

    U.S. stocks closed lower as investors remained anxious over stalled Greece debt talks and the upcoming two-day Federal Reserve meeting.

  • WASHINGTON/ NEW YORK, June 15- A U.S. judge on Monday awarded no damages to American International Group Inc shareholders led by former CEO Maurice "Hank" Greenberg in their lawsuit against the U.S. government, despite finding that the U.S. While Judge Thomas Wheeler of the Federal Court of Claims in Washington, D.C. sided with Greenberg on a key legal claim, the...

  • WASHINGTON, June 1- A leading mutual fund trade group is asking U.S. regulators to pressure their international counterparts to abandon efforts to draft criteria that could be used by countries to designate large funds as systemically risky. In a May 28 letter made public on Monday, Investment Company Institute President Paul Schott Stevens told the heads of...

  • McDonald's, other stocks hedge funds are buying Thursday, 28 May 2015 | 3:06 PM ET

    One research firm believes it found a way to capture winning plays from the filings of hundreds of hedge funds.

  • Buy oil during hurricane season? It actually works Thursday, 28 May 2015 | 7:00 AM ET
    Operations map at the National Hurricane Center.

    A lot of research has gone into how the markets perform during this season, and a few insights stick out to help the best investors brace themselves.

  • For insurer AIA Group, Asia is a sweet spot Thursday, 21 May 2015 | 8:56 PM ET
    Mark Tucker, chief executive officer of AIA Group.

    AIA Group remains committed to Asia and has no plans to venture abroad, Group CEO and President Mark Tucker said.

  • Bernanke slams Warren's new Fed bill Friday, 15 May 2015 | 12:19 PM ET
    Former Federal Reserve Chairman Ben Bernanke (L) and Sen. Elizabeth Warren (R).

    The former Fed chairman decried proposed legislation that would limit the U.S. central bank's lending authority during a crisis.

  • May 11- The U.S. government on Monday said MetLife Inc's lawsuit fighting its designation as being systemically important to the economy, often referred to as "too big to fail," should be dismissed. MetLife had in January became the first nonbank to challenge a decision by the Financial Stability Oversight Council, a panel led by Treasury Secretary Jacob Lew, that...

  • May 6- MetLife Inc, the largest U.S. life insurer, reported a better-than-expected quarterly profit due to gains from investments and derivatives. MetLife has long had a substantial derivatives program designed to smooth out risks stemming from changes to interest rates, currency exchange rates and equities. MetLife's total operating revenue fell slightly...

  • Berkshire too big? Don't be silly, Buffett says Saturday, 2 May 2015 | 4:32 PM ET
    Warren Buffett at the Berkshire Hathaway Annual Shareholder's Meeting in Omaha Nebraska on May 2, 2015.

    Warren Buffett rejected the idea that Berkshire is so big that it is now too big to fail and requires tighter regulatory oversight.

  • OMAHA, Neb., May 2- Warren Buffett on Saturday rejected the idea that Berkshire Hathaway Inc, a sprawling conglomerate he has built over 50 years, has grown so big that it is now too big to fail and requires tighter regulatory oversight. Those catastrophes can be costly, and both the September 11 attacks on the World Trade Center and Pentagon as well as Hurricane...

  • Early movers: NWL, MCO, VFC, CVS, LNKD & more Friday, 1 May 2015 | 7:53 AM ET

    Some of the names on the move ahead of the open.

  • Thursday's after-hours buzz: LinkedIn, AIG & more Thursday, 30 Apr 2015 | 5:35 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Take a look at some of Thursday's after-hours buzz: LinkedIn, AIG & more