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American International Group Inc


  • SAN FRANCISCO, Feb 13- President Barack Obama will meet with chief executive officers on Friday at a summit in Silicon Valley held by the White House that aims to build support for beefing up cybersecurity laws in the wake of massive hacks at Target Corp, Sony Corp and Anthem Inc. "By getting this right, businesses and people around the world will continue to want to...

  • NEW YORK, Feb 12- American International Group Inc reported lower-than-expected fourth-quarter earnings on Thursday as low interest rates and refinancing expensive debt hurt the insurer's results. The New York- based company, the largest commercial insurer in the United States and Canada, reported a 67 percent drop in net income to $655 million, or $0.46 per...

  • AIG misses on profit, announces $2.5B buyback Thursday, 12 Feb 2015 | 5:10 PM ET
    A pedestrian walks past the American International Group offices in New York.

    AIG reported quarterly profit that missed Wall Street expectations.

  • After-hours buzz: AIG, CBS, King Digital & more Thursday, 12 Feb 2015 | 5:09 PM ET
    NYSE New York Stock Exchange traders markets

    Check out which companies are making headlines after the bell Thursday: AIG, CBS, King Digital & more.

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

    Stocks closed sharply higher as investors cheered a deal between Russia and Ukraine, amid firming oil prices and strong earnings reports.

  • Greece is simply 'too big to fail': Yoshikami Thursday, 12 Feb 2015 | 1:55 PM ET
    Protesters take part in an anti-austerity pro-government demonstration in front of the parliament in Athens February 11, 2015.

    Here's why markets shouldn't be worried about Greece not honoring past debt agreements, says Michael Yoshikami.

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

    U.S. stock index futures signaled a higher open on Thursday, following gains in Europe on the back of strong bank earnings.

  • Wall Street shrugs off Greece fears, eyes retail sales Thursday, 12 Feb 2015 | 5:56 AM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stock index futures signaled a higher open on Thursday, following gains in Europe on the back of strong bank earnings.

  • Looking for solid ground in Greece, US data Wednesday, 11 Feb 2015 | 7:15 PM ET
    A man adjusts a Greek flag ahead of the visit of Greek Prime Minister Alexis Tsipras at the European Commission headquarters in Brussels February 4, 2015.

    Europe will take central focus, as investors take in the latest developments on the Greek-euro zone standoff while eyeing U.S. data.

  • Feb 11- United State's largest life insurer MetLife Inc reported a better-than-expected quarterly profit due to gains from investments and derivatives, reflecting falling interest rates and a rising dollar. MetLife reported net investment gains of $230 million in the fourth quarter ended Dec. 31, compared with a loss of $178 million a year earlier.

  • Where you can find opportunity: Goldman's Kostin Tuesday, 10 Feb 2015 | 11:52 AM ET
    David Kostin, chief U.S. equity strategist at Goldman Sachs Group.

    Valuations are stretched right now, but investors looking to make money can find opportunity, Goldman's David Kostin told CNBC. Here's where.

  • Here's how to find winners when rates rise Friday, 6 Feb 2015 | 11:15 AM ET

    After a better-than-expected jobs report, it may be finally time to dust off those rising-rate trades.

  • NEW YORK, Jan 29- With a scheduled trial just four weeks away, the former chairman of American International Group Inc said New York's attorney general should abandon his nearly decade-old fraud case against him, calling it a waste of taxpayer dollars in pursuit of a hollow "trophy" victory. The non-jury trial, scheduled for Feb. 24 in Manhattan before State Supreme...

  • AIG unveils celebrity 'scandal insurance' policy Thursday, 29 Jan 2015 | 4:45 PM ET
    Tiger Woods wearing a Nike cap.

    Companies can now hedge against their celebrity endorser's scandals and mishaps.

  • WASHINGTON, Jan 13- MetLife Inc said it plans to sue U.S. regulators on Tuesday over a decision to subject the insurer to tougher oversight because it harbors enough risk to endanger the financial system in a crisis. "FSOC's designation of MetLife is premature," MetLife Chief Executive Officer Steve Kandarian said in a statement. "It is completely appropriate for...

  • Fund with woman’s touch beating market Friday, 9 Jan 2015 | 7:23 AM ET
    CEO of PepsiCo Indra Nooyi speaks at the official opening of a PepsiCo bottling plant in Domodedovo, near Moscow, on July 8, 2009.

    Having more females in higher positions could help a company's stock, if the initial performance of Barclay's Women in Leadership ETN is any guide.

  • Midday movers: Apple, Ford Motor, Yahoo & more Thursday, 8 Jan 2015 | 1:28 PM ET
    Exchange Place NYSE

    Some of Thursday's midday movers:

  • Strategists’ stock picks for 2015’s economy Wednesday, 7 Jan 2015 | 8:29 AM ET
    A Gulfstream G280 jet, by Gulfstream Aerospace Corp., a unit of General Dynamics.

    With low oil and other conditions in mind, several analysts and major research firms recommend these two sectors for 2015.

  • These are your favorite stocks right now: TD Monday, 5 Jan 2015 | 12:30 PM ET
    GoPro photo

    Retail investors stayed bullish on stocks heading into the new year, and picked these names as their favorites.

  • NEW YORK, Dec 23- A U.S. appeals court on Tuesday threw out most of the claims in an investor lawsuit against Bank of New York Mellon Corp as trustee for subpar mortgage-backed securities involved in an $8.5 billion settlement by Bank of America Corp.. The 2nd U.S. Circuit Court of Appeals in New York said Bank of New York Mellon did not have to face claims stemming...