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NYSE: AIG   32.77 +3.67 (+12.61%)  Tuesday4:03 PM ET
Name: AIG
Industries: Insurance
Revenue: $79.73B ¹
Profit: -$63.73B ¹
Employees: 116,000
Headquarters: 70 PINE ST
NEW YORK, New York 10270
United States Of America
Website:
¹ TTM figures for 30-Sep-2009
AIG traces its roots back 90 years when an American entrepreneur named C.V. Starr founded AIG’s earliest predecessor company in Shanghai. What began as a small insurance business grew to become one of the world’s largest companies. By the end of 2007 AIG had assets of approximately $1 trillion, $110 billion in annual revenues, 74 million customers and 116,000 employees in 130 countries and jurisdictions. Yet, less than a year later, AIG found itself on the brink of failure and in need of emergency
AIG traces its roots back 90 years when an American entrepreneur named C.V. Starr founded AIG’s earliest predecessor company in Shanghai. What began as a small insurance business grew to become one of the world’s largest companies. By the end of 2007 AIG had assets of approximately $1 trillion, $110 billion in annual revenues, 74 million customers and 116,000 employees in 130 countries and jurisdictions. Yet, less than a year later, AIG found itself on the brink of failure and in need of emergency government assistance.
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1210999 55 min:
Curbing derivatives might hurt, not help, Greece
Derivatives have become a dirty word. The complex financial products helped blow up the U.S. housing market. They all but sank AIG. Now European officials want to crack down on a derivative called a credit default swap. It's an insurance-like product that... Credit default swap - American International ... - read more at San Francisco Chronicle
1210882 2 hours:
AIG
American International Group , the insurer rescued by the US government, rose to its highest price since Nov. 27 after four days of gains on speculation it may sell more assets. AIG this month said it will divest itself of two units to raise $51 billion. There's “chatter on more asset sales coming,'' ... - read more at Boston Globe
1210590 4 hours:
Metlife to buy ALICo
US life insurance giant MetLife will acquire a unit of American International Group (AIG) – American Life Insurance company – in a $15.5 billion deal that will help AIG pay back part of its government bailout, the firms said Monday. &$&$Source: Global Times &$&$ ... - read more at People's Daily
1210243 5 hours:
AIG Announces Pricing of Secondary Public Offering of Its Remaining ...
Visit StreetInsider.com at http://www.streetinsider.com/Press+Releases/AIG+Announces+Pricing+of+Secondary+Public+Offering+of+Its+Remaining+Shares+in+Transatlantic+Holdings/5424281.html for the full story. - read more at StreetInsider.com
1210157 6 hours:
AIG's ILFC unit selling new term loans
American International Group's big aircraft-leasing unit took a small first step toward funding itself independently. - read more at Market Watch
1209706 7 hours:
AIG's Rankings Will Weigh on Pay
American International Group is basing bonuses and incentive pay on its new "forced ranking" system that measures the performances of about 10,000 employees. - read more at Wall Street Journal
1208694 9 hours:
ILFC Debt Draws Strong Demand
A $1.3 billion loan offering from International Lease Finance Corp. has met with strong investor demand, which will enable the aircraft-leasing unit of AIG raise fresh funds to repay some of its maturing debt. - read more at Wall Street Journal - Market News
1208666 9 hours:
Covered-Call Sellers Make Note of Exits on American Airlines ...
Today's tickers: AMR, AIG, C, GME, HD, XLP, ALL, CMC, QLGC & YUM AMR - AMR Corp. – Bullish investors engaged in covered-call selling on AMR Corporation this afternoon after its subsidiary, American Airlines, revealed February passenger unit revenue increased between 6.5% to 7.5% as compared ... - read more at Phil’s Stock World
tags: AMR Corp 
1208231 9 hours:
Options Intellignece Report : AIG, Citigroup Options Edging ...
Insurance firm, American International Group, already reported plans to sell two units for $51 billion, but speculation that it may sell additional assets sparked rampant options trading activity on the stock this afternoon. Options traders are concentrating on Citigroup call options this afternoon ... - read more at iStockAnalyst
tags: Citigroup 
1207906 10 hours:
MetLife To Acquire ALICO From AIG In $15.5bn Deal
MetLife has entered into an agreement to acquire one of AIG's international subsidiaries, American Life Insurance Company (ALICO), for approximately $15.5bn, which consist of $6.8bn in cash and around $8.7bn in MetLife equity securities, to accelerates its global growth strategy. - read more at Insurance Business Review
tags: ALICO  MetLife 
Stock Tickers - TuesdayMar 94:03 PM ET
AIG
AFF
AIG.A
32.77 +3.67  (+12.61%)
Vol: 57.47M
High: 34.80
Low: 28.08
Mkt Cap: 4.42B
52Wk High: 55.90
52Wk Low: 6.60
P/E: 0.00
Div: 0.00
Yield: 0.00
1d | 1m | 3m | 6m | 1y | 5y | 10y
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Financial Performance
Income (in thousands of USD) 3 months ending
2009-09-30
12 months ending
2008-12-31
Revenue 25,090,000 39,706,000
Net Income 455,000 -99,289,000
Balance Sheet (in thousands of USD)
Current Assets -- --
Total Assets 839,801,000 860,418,000
Current Liabilities -- --
Total Liabilities 770,474,000 807,708,000
Total Shareholders Equity 72,712,000 52,710,000
Cash Flow (in thousands of USD)
Cash from Operating Activity 3,938,000 755,000
Cash from Investing Activity 1,586,000 47,484,000
Cash from Financing Activity -6,533,000 -41,919,000
Change in Cash -845,000 6,358,000
Key Stats 3 months ending
2009-09-30
Trailing 12 Months
Gross Profit Margin -- --
Net Profit Margin 1.81% -79.94%
Return on Assets 0.05% -7.59%
Return on Equity 0.63% -87.65%
Return on Invested Capital 0.19% -2.21%
AIG's Holdings
Industry Breakdown of All AIG 13F Holdings in Q4 2009
(by % of total market value of investments)
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Technology (15.15%)
 
Finance (11.27%)
 
Oil, Gas and Energy (8.96%)
 
Insurance (6.74%)
 
Retail (6.34%)
 
All Other Industries (51.54%)
Note: Chart shows exposure to top 5 industries. All other industry exposure is represented by "Other Industries". Market value of investments calculated using close of business price as of 2009-12-31.
AIG's Top Investments
Company Name Ticker Investment Mkt Value
Transatlantic Holdings Inc. TRH
$401,204,727
Exxon Mobil XOM
$208,502,958
QUALCOMM, Inc. QCOM
$153,411,410
Microsoft Corporation MSFT
$132,824,371
Apple Inc. AAPL
$126,460,827
PepsiCo PEP
$122,778,680
Hewlett-Packard HPQ
$121,889,229
PETROBRAS - PETROLEO BRASILEIRO SA PBR
$117,471,461
Google Inc. GOOG
$110,663,217
J.P. Morgan Chase JPM
$105,931,460
Note: Market value of investments calculated using close of business price as of 2009-12-31.
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