aia group

American International Group Reported Q4 Profit Thanks To Asset Sales (AIG)

Published on Thu, 02/24/2011 - 17:54
By FNNO Staff in General Interest, 2008, aia group, aig, american international group, analyst, bailout, ceo, company, consensus, debt, earnings, eps, fat cats, financial, government, insurance, iou, ipo, loss, market, nyse, profit, public offering, recession, repay, revenue, robert benmosche, stock, tax, taxpayer, trade, wall street, Earnings Reports

The company said its after-tax operating loss was $2.2 billion compared to a $1.3 billion loss in the same 2009 period.

Robert H. Benmosche, AIG President and Chief Executive Officer, said, "We completed several key restructuring milestones in the quarter and we remain focused on long-term growth and building value at our ongoing insurance operatio

2008, aia group, aig, american international group, analyst, bailout, ceo, company, consensus, debt, earnings, eps, fat cats, financial, government, insurance, iou, ipo, loss, market, nyse, profit, public offering, recession, repay, revenue, robert benmosche, stock, tax, taxpayer, trade, wall street, sales, assets

American International Group (NYSE:AIG) reported a Q4 profit of $11.2 billion, bolstered by $17.6 billion in gains from the sale of businesses and the IPO of AIA Group.

By FNNO Staff
fnnonline@gmail.com

Latest News from FNNO

Earnings Look Back: Comcast Is Up 3.1% S...

When Comcast (NASDAQ:CMCSK) reported earnings 17 days ago on May 1st, 2013, analysts, o ...

Earnings Flashback: Since Reporting Quar...

A week ago on May 6th, 2013 Liberty Global (NASDAQ:LBTYA) reported earnings and analyst ...

Earnings Look Back: Kelly Services Is Up...

When Kelly Services (NASDAQ:KELYA) reported earnings a week ago on May 8th, 2013, analy ...

Liberty Media Earnings Review: 10 Days a...

When Liberty Media (NASDAQ:LINTA) reported earnings a week ago on May 8th, 2013, analys ...

Central Garden and Pet Earnings Hindsigh...

A week ago on May 8th, 2013 Central Garden and Pet (NASDAQ:CENTA) reported earnings and ...

Comcast Earnings Review: 17 Days after A...

When Comcast (NASDAQ:CMCSA) reported earnings 17 days ago on May 1st, 2013, analysts, o ...

Earnings Flashback: Since Reporting Quar...

A week ago on May 7th, 2013 Discovery Communications (NASDAQ:DISCA) reported earnings a ...

Jazz Pharmaceuticals Earnings In Retrosp...

11 days ago, on May 7th, 2013, Jazz Pharmaceuticals (NASDAQ:JAZZ) reported its earnings ...

Most Popular Video News

  •
    01:10 PM MIDWEEK MARKET WRAP UP:New Report Expected to Shakeup Libor

    From FNNO.com, this is the Financial News Network. I’m Cleo
    Stiller-Farrell and this is your Midweek Market Wrap Up. The British
    Bankers’ Association, which has the supervisory role of setting the
    influential Libor rates, announced that it would be willing to give up
    its...

    +
  • 11:04 AM What's in the News for September 26, 2012

    The Wall Street Journal reports that home prices showed their best year-to-date gains since 2005, up 5.9% through July, signaling the housing market's steady march toward recovery. Also from the Wall Street Journal, IBM (IBM) will increase its efforts to sell so-called cloud computing services...

    +
  • 11:04 AM Yahoo Makes Ken Goldman New CFO

    CEO Marissa Mayer is bringing in some more new blood to Yahoo!, tapping Ken Goldman as the company's new Chief Financial Officer. Goldman's appointment will take effect on October 22nd.

    Goldman served as CFO at his most recent employer, Fortinet, having worked at Siebel Systems, Sybase,...

    +
More