A Lloyd's of London unit is underwriting two forms of insurance to cover businesses that shut down as a result of Ebola and other diseases.» Read More
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.
Some of Thursday's midday movers:
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.
Check out which companies are making headlines after the bell Monday: AIG, Avis, Tenet Healthcare & more.
Aug 4- American International Group Inc reported a better-than-expected 12.5 percent rise in quarterly profit, helped by strong performance across all its key businesses, and the insurer said it would expand its buyback program by $2 billion.
Aug 4- American International Group Inc reported a 12.5 percent rise in quarterly profit, helped by strong performance across all its key businesses. Net income attributable to AIG rose to $3.07 billion, or $2.10 per share, in the second quarter ended June 30 from $2.73 billion, or $1.84 per share, a year earlier.
U.S. stock index futures take their lead from Europe and show signs of recovery following last week's global stock market rout.
WASHINGTON, July 31- The top U.S. regulatory panel tasked with policing the safety of the financial system said on Thursday it is launching a review of potential risks in the asset management industry. FSOC said it had agreed in its closed-door meeting not to rescind the designations of two other non-banks, American International Group and GE Capital.
WASHINGTON, July 31- A U.S. regulatory panel tasked with policing the biggest risks to the financial system said on Thursday it plans to launch a "more focused analysis" of the asset management industry.
July 30- MetLife Inc reported a lower-than-expected quarterly profit as the largest U.S. life insurer paid out more in claims, sending its shares down nearly 2 percent.
NEW YORK, July 29- Awas, the aircraft leasing company owned by British private equity firm Terra Firma, is working on a break-up that could value the Dublin- based lessor at roughly $13 billion, according to people familiar with the matter.