A report said Devon Energy, Anadarko Petroleum and Facebook are among the multinational S&P 100 corporations hit with the highest tax rates in 2013.» Read More
WASHINGTON, Sept 9- A top Federal Reserve official on Tuesday warned the biggest U.S. banks they will soon face capital surcharges that exceed international standards, a move he said could encourage some firms to shrink.
Aflac Inc. fell$. 46 or. 8 percent, to $60.59. American International Group fell$. 29 or. 5 percent, to $54.90. MBIA fell$. 20 or 2.0 percent, to $9.73.
Aflac Inc. fell$. 48 or. 8 percent, to $60.57. American International Group fell$. 59 or 1.1 percent, to $54.60. MBIA fell$. 16 or 1.6 percent, to $9.77.
SYDNEY, Sept 9- LeapFrog Investments, a private equity firm backed by George Soros and JP Morgan, said it has raised $400 million for socially responsible investments in Asia and Africa- the largest ever for a fund specializing in low-income emerging market financial services.
Aflac Inc. fell$. 41 or. 7 percent, to $61.05. American International Group rose$. 28 or. 5 percent, to $55.32. MBIA fell$. 10 or 1.0 percent, to $9.92.
Aflac Inc. fell$. 28 or. 5 percent, to $61.18. American International Group rose$. 25 or. 5 percent, to $55.29. MBIA fell$. 11 or 1.1 percent, to $9.91.
Aflac Inc. rose$. 03 or percent, to $61.49. MGIC Investments Corp. rose$. 24 or 2.9 percent, to $8.44. MetLife rose$. 24 or. 4 percent, to $55.50.
Aflac Inc. rose$. 01 or percent, to $61.25. American International Group fell$. 24 or. 4 percent, to $54.99. MBIA fell$. 18 or 1.8 percent, to $9.95.
MBIA fell$. 06 or. 5 percent, to $10.08. MGIC Investments Corp. fell$. 06 or. 7 percent, to $8.20. XL Group PLC fell$. 06 or. 2 percent, to $33.92.
WASHINGTON, Aug 28- The U.S. systemic risk council will meet on Sept. 4 to discuss naming nonbank financial firms for tougher regulatory oversight, the U.S. Treasury Department said on Thursday.
AIG CEO Benmosche learned in May that he had less than a year to live, leading to his decision to resign earlier, Bloomberg Businessweek reported.
Aug 26- A federal judge has rejected the United States' bid to dismiss a more than $25 billion lawsuit filed by Maurice "Hank" Greenberg, the former chief executive of American International Group, over the insurer's government bailout, clearing the way for a Sept. 29 trial.
Hedge funds that bet on corporate shake-ups have long been industry darlings, and clients remain bullish despite July losses.
The "Fast Money" traders share their final trades of the day.
NEW YORK, Aug 19- Private equity firm Apax Partners LLP is exploring a sale of U.S. healthcare information technology company TriZetto Corp, hoping to fetch as much as $3 billion including debt, according to people familiar with the matter.
Aug 13- Berkshire Hathaway Inc has hired two senior executives from American International Group Inc's Asia operations to boost its insurance business in the region, the Wall Street Journal reported citing people familiar with the matter.
Bank of America directors are supportive of its proposed $16 billion to $17 billion mortgage-securities settlement, according to someone familiar with the matter.
U.S. stock-index futures pointed to a weak open on Tuesday, with the ISM report likely to be the main feature of the session.
Some of the names on the move ahead of the open.
The company also announced an additional $2 billion buyback and said it settled for $960 million a class action lawsuit.