Famous consumer advocate Ralph Nader has renewed his efforts on behalf of common shareholders of bailed-out Fannie Mae and Freddie Mac, reports TheStreet.com.» Read More
Aflac Inc. rose$. 72 or 1.3 percent, to $54.56. American International Group rose $1.44 or 3.2 percent, to $46.08. MBIA fell$. 03 or. 2 percent, to $15.67.
Aflac Inc. rose$. 38 or. 7 percent, to $54.22. American International Group rose $1.15 or 2.6 percent, to $45.79. MBIA rose$. 11 or. 7 percent, to $15.81.
NEW YORK-- Ally Financial Inc. said Tuesday that it agreed to back a settlement plan to resolve potential financial claims stemming from its bankrupt mortgage division, Residential Capital LLC. The only exception: securities claims by the Federal Housing Finance Agency and the Federal Deposit Insurance Corp. in its role as receiver for certain failed banks.
Aflac Inc. rose$. 41 or. 8 percent, to $54.25. American International Group rose$. 68 or 1.5 percent, to $45.32. MBIA rose$. 09 or. 6 percent, to $15.79.
Aflac Inc. fell$. 11 or. 2 percent, to $53.84. American International Group rose$. 46 or 1.0 percent, to $44.64. MBIA rose$. 28 or 1.8 percent, to $15.70.
A bubble in dividend stocks might be forming, Barbara Marcin of GAMCO Investors says.
Where AIG shares go from here may depend on how quickly it starts returning capital to shareholders, analysts say.
NEW YORK-- A Barclays analyst on Monday raised his ratings for American International Group Inc. and The Hartford Financial Services Group Inc., saying that both insurers could boost value for their shareholders by buying back stock at steep discounts.
Aflac Inc. fell$. 18 or. 3 percent, to $53.77. American International Group rose$. 46 or 1.0 percent, to $44.64. MBIA rose$. 08 or. 5 percent, to $15.50.
Aflac Inc. fell$. 33 or. 6 percent, to $53.62. American International Group rose$. 14 or. 3 percent, to $44.32. MBIA rose$. 24 or 1.6 percent, to $15.66.
A roundup of some of the most compelling conversations and noteworthy moments broadcast on CNBC.
Since the Dow Jones Industrial Average's recent low on November 15, 2012, the 12 stocks pulled from the blue chip index since 1999 have outperformed the Dow even with new highs.
The Dow is up 20 percent since the recent low on Nov. 15, but 12 stocks that have been kicked out of the index over the years are up an average of 30 percent.
This is an unofficial transcript of Warren Buffett and Bill Gates appearing live on CNBC's Squawk Box on Monday, May 6, 2013 from 6 am ET to 9 am ET.
*Bank of America to defend against remaining claims. May 7- American International Group Inc may pursue a lawsuit accusing Bank of America Corp's Countrywide unit of causing billions of dollars of losses by fraudulently inducing it to buy risky residential mortgage-backed securities.
**ARUBA NETWORKS INC, $17.18, down 22 pct. **RUCKUS WIRELESS INC, $14.51, down 23 pct. **MERU NETWORKS, $4.25, down 10 pct.
Some of the names on the move ahead of the open.
NEW YORK, May 7- American International Group Inc:.
*Goldman cuts to neutral from buy- Theflyonthewall.com. Reuters Station users, click. 1568. Reuters Station users, click. 4899 (; ().
*MBIA shares close up 45 pct, Bank of America up 5.2 pct. May 6- Bank of America Corp has agreed to pay $1.6 billion in cash to MBIA Inc and will receive the right to buy a 4.9 percent stake in the bond insurer to resolve long-running litigation, the companies said on Monday.