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 $15.70.
NEW YORK-- A Barclays analyst on Monday raised his ratings for American International Group Inc. and The Hartford Financial Services Group Inc., saying that both insurers could boost value for their shareholders by buying back stock at steep discounts.
Aflac Inc. fell$. 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.
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.
*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.
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.