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GoPro Inc (NASDAQ:GPRO) Will Be The Main Sponsor Of The National Drone Racing Championships

The 2016 National Drone Racing Championships are beckoning given that they are scheduled to take place between Aug. 5 and seven at Governors Island in New York City. The event’s organizer, the Drone Sports Association says that it going be such a big event that is expected to attract hundred thousands of people. The popularity […]

American International Group Inc (NYSE:AIG) Plans to Take Steps To Reduce Regulatory Oversight

American International Group Inc (NYSE:AIG) the insurance company that received $182 billion from the government as bailout is planning to reshape the company. The move comes as an effort by the company to escape the American government risk tag that brings greater regulatory oversight. Peter Hancock, the CEO of AIG said that the discussion of […]

American International Group Inc (NYSE:AIG) Acquires Stake in K2 to Improve Cyber Security

American International Group Inc (NYSE:AIG) has announced that it now owns a minor stake in K2 intelligence and investigative consultancy. The two companies aim to work together towards helping customers manage their cyber risk. They plan to do this by developing products and services through AIG. K2 already hosts an impressive portfolio of being the […]

American International Group Inc (NYSE:AIG) Offers Expanded $1 Billion Casualty Capacity for North American Rail Companies

Boston, MA 10/10/2014 (wallstreetpr) – According to reports, American International Group Inc (NYSE:AIG) has decided to offer additional $1 billion casualty capacity for various North American Rail Companies. The decision was announced by AIG itself saying that it had expanded liability limitations for Class 1 railroads in Canada and US. The total cover would be […]

Stocks On Radar: American International Group Inc (NYSE:AIG), CME Group (NASDAQ:CME), HealthStream, Inc. (NASDAQ:HSTM)

Boston, MA 10/10/2014 (wallstreetpr) – Insurance provider American International Group Inc (NYSE:AIG) announced on 9th October that it has increased its exposure with respect to claims related to Class 1 railroads operated in U.S and Canada to $1 billion. The new liability limit has been defined for each occurrence, the company press note added. The […]

American International Group Inc (NYSE:AIG) Names Kevin Hogan The New Head of Insurance Business

Boston, MA 09/22/2014 (wallstreetpr) – According to reports, American International Group Inc (NYSE:AIG) has appointed Kevin Hogan as the new leader of its main life insurance business. He will be in-charge of financial offerings for individuals worldwide. The decision was taken soon after the new CEO Peter Hancock joined the company. Hogan replaces Jay Wintrob to […]

Is JPMorgan Chase & Co. (NYSE:JPM) Trying To Escape Swap-Trading curbs For Overseas Derivatives?

Boston, MA 09/12/2014 (wallstreetpr) – Provider of diversified financial services JPMorgan Chase & Co. (NYSE:JPM) is one among the many financial institutions to have been closely watched by the U.S. Treasury Department on a possible move to evade the curbs on swap-trading of overseas derivatives. Treasury Watching Treasury Department seems to have been seized of […]

US Fails to Dismiss The Law-Suit Appeal of The Ex American International Group Inc (NYSE:AIG) CEO

Boston, MA 08/27/2014 (wallstreetpr) – According to reports, a federal judge has rejected a bid of US to dismiss the law-suit appeal worth of $25 billion that was filed by Maurice “Hank” Greenberg. He is the former Chief Executive Officer of American International Group Inc (NYSE:AIG). What’s the matter: According to the statement given by […]

Does American International Group Inc (NYSE:AIG) Still Support Lobbying?

Boston, MA 08/18/2014 (wallstreetpr) – Large insurance players deploy registered lobbyists to influence the policymakers and government officials. The insurance major American International Group Inc (NYSE:AIG) received strong public criticism for such kind of incidences. Strong Lobby During the financial crisis, AIG though rescued through $182 billion bailouts by the U.S. Government; it continued to […]

Testing Times For American International Group Inc (NYSE:AIG)

Boston, MA 08/15/2014 (wallstreetpr) – It seems that American International Group Inc (NYSE:AIG) has to wait for some more time to raise its stake in local venture in India. As of now, the higher cap is locked at 26%. The new-proposed bill calls for a higher cap of 49%. The matter India’s Prime Minister Narendra […]

Two Senior Executives of American International Group Inc. (NYSE:AIG) Decides To Render Services to Berkshire Hathaway Inc. (NYSE:BRK.A)

Boston, MA 08/13/2014 (wallstreetpr) – People haven’t been able to trust insurance companies since 2009 when recession took place, and a lot of insurance companies became bankrupt. Although a decent return and security are guaranteed by the company, but still people don’t want to invest in insurance products. Because of this passive behavior from public, […]

Investor Alert: Xerox Corp (NYSE:XRX), American International Group Inc (NYSE:AIG), Atmel Corporation (NASDAQ:ATML), Halliburton Company (NYSE:HAL)

Boston, MA 08/12/2014 (wallstreetpr) – Xerox Corp (NYSE:XRX), services and technology company whose shares 1.29% to $13.36 on Monday but remained up 2.77% from last week, said it would reduce its workforce 468 in Houston following changes in businesses conditions for one of their clients. The company’s VP of corporate communications, Kevin Lightfoot, confirmed the […]

Benmosche’s last hurrah Takes American International Group Inc. (NYSE:AIG) Well Past Market Estimates

Boston, MA 08/05/2014 (wallstreetpr) – American International Group Inc. (NYSE:AIG) went past profit expectations of Wall Street on Monday by delivering eye-popping Q2 earnings of $1.25 per share to shareholders. It was 20 cents more than what consensus anticipated. History Repeats Itself: It is not the first time when American International Group Inc. (NYSE:AIG) has beaten market […]

American International Group Inc (NYSE:AIG) Sales Aircraft Leasing Business In A $7.6 Billion Deal

Boston, MA 05/15/2014 (wallstreetpr) – The global insurance company American International Group Inc (NYSE:AIG) has announced the sale of its aircraft leasing business to a Netherlands-based company. The company realized a total of $7.6 billion in proceeds from the sale of the asset. The asset, International Lease Finance Corp (ILFC), was transacted in cash and stock […]

American International Group Inc (NYSE:AIG): Solid Performance In 1Q2014

Boston, MA 05/08/2014 (wallstreetpr) – American International Group Inc (NYSE:AIG) has posted the results for the Q1 of the financial year 2014. The date on which the results were released was May 6, 2014. The company’s performance was reported to be good, but American International has failed to do well on a year-over-year basis. This signifies […]