Jump to Navigation
Home

Main menu

  • Home
  • News
  • Markets Map
  • Topics
  • Data
  • Comments
  • Images
  • Blog
  • About

Secondary menu

  • Latest News
  • Top Rated
  • Most Popular
  • Archive
  • Discussions
  • Caterpillar Will Gain From Global Recovery
  • Weighing The Week Ahead: Are You Ready For Some Fedspeak?
  • Exclusive: South Africa's NUM seeks 15-60 percent...
  • The Euro Sell-Off And Market Forecasting
  • Gold: A Little Lower, And Then A Rally
  • Hey, ladies, have we got a hunky guy ad for you
  • One Person In Florida Won Last Night's Gigantic...
  • Exclusive: South Africa's NUM seeks 15-60 percent...
  • Pakistani politician shot dead in Karachi home
  • EU decision to lift Syrian oil sanctions boosts jihadist...

    3 Reasons To Buy On The AIG Secondary

    Sun, 05/06/2012 - 10:08 EDT - Seeking Alpha
    • AIG
    • Sammy Pollack

    By Sammy Pollack:After the market closed on Friday, the U.S. Treasury Department announced that it plans to sell more of its American International Group (AIG) stock. Following the news, in after hours trading, AIG shares fell by nearly 5%. There are three reasons why investors should take advantage of the dip and buy AIG.
    Not A Surprise
    Investors have known for quite a long time now that the U.S. Treasury would be coming to market with its AIG shares. For this reasons, many investors have been unwilling to consider the valuation story at AIGComplete Story »

    • Original article
    • Login or register to post comments
     

    Related

    • American International Group: Secondary Coming, Wait To Buy

      By Shane Blackmon: American International Group (AIG) is set to report earnings on August 2nd, 2012. The company is reemerging from the U.S. government bailout they received in 2008. The government has sold two chunks of stock so far this year, and the only major ownership in AIG that the government has left is 1.06B shares of common stock, worth $30 billion.

    • When Everybody Loves AIG Shares, It Might Be Time To Sell

      By Trade In Mexico:American International Group, Inc. (AIG) shares have been steadily climbing higher and the stock seems to be very popular with quite a number of investors. However, the popularity and the current valuation of this stock might be a reason to sell the stock now, rather than buy it.

    • AIG shares price at $32.50, cutting U.S. stake to 19 percent

    • 3 Buys, 1 Sell Among AIG's Top Picks

      By Rash Menaria: American International Group, Inc. (AIG) is one of the biggest international insurance organizations, serving customers in more than 130 countries. The following is a list of AIG's top equity buys in the December quarter, as reported in their most recent 13F filing.

    • AIG, U.S. agree on plan for repayment of $100 billion in bailout money

      As part of the plan, the Treasury Department will convert $49.1 billion in preferred shares purchased with money from the Troubled Asset Relief Program into common stock in AIG. Then it plans to sell the shares over time in the open market.American International Group Inc.

    • 3 Reasons Why Darden Is A Better Buy Than McDonald's

      By Sammy Pollack:When it comes to restaurant operators, McDonald's (MCD) is second to none. Globally, MCD has more than 33,500 locations. MCD targets the low end restaurant, non-full service market known as the fast food market.

    • U.S. Treasury To Sell AIG Common Stock - Again

      By Global Value Investor:On Friday the U.S. Treasury Department announced the public offering of AIG common stock.

    • 2 Potential Shorts From AIG's Top Sells, 3 I'd Buy

      By Rash Menaria: American International Group, Inc. (AIG) is one of the biggest international insurance organizations, serving customers in more than 130 countries. I discussed AIG's Top buys in a previous article.

    • Government Ownership Overhang Weighing on AIG

      Trefis submits: During the past month, American International Group (NYSE:AIG) experienced a near 10% drop in its stock price after announcing that it would sell down some of the government’s stake. One hundred million shares were issued and sold by the company and another 200 million by the US Department of Treasury for total proceeds of $8.7 billion. AIG did not receive any of the proceeds from that sale.

    • AIG Not Worth the Risk

      Money Morning submits: By Jack Barnes American International Group Inc. (AIG) provides insurance services to an international market place. In 2008, the company was bailed out of its positions by the U.S. government, which owned 92% of AIG at its peak.

    Latest

    One Person In Florida Won Last Night's Gigantic Powerball Jackpot
    One Person In Florida Won Last Night's...
    Seth Meyers Knocked Out Anderson Cooper On Saturday Night Live
    Seth Meyers Knocked Out Anderson Cooper On...

    User login

    • Create new account
    • Request new password
    • Click on the icon to sign in with your social network login or enter your Bullfax.com login

    Our Blog

    • Aviva steps up drive for cost cuts
    • Food Demand, JM Financial, UK Startups Incubator and Sina in Our News for Today 05/17/2013
    • Budget black hole at heart of George Osborne’s finances

    Markets Map

    Markets Map

    Follow Us

    Follow Us on Facebook, Twitter, Google Plus and RSS LinkedIn Facebook Twitter Google Plus RSS
    S&P 500: 1667.47 1.02% FTSE: 6723.06 0.52% Nikk.: 15138.12 0.67% DAX: 8398.00 0.33% HSI: 23082.68 0.17% FX: EUR/GBP: 1.1821 USD/EUR: 1.2833 JPY/USD: 103.165 Commodities: Gold: 1360.15

    Bullfax.com - Market News & Analysis 2008-2011
    Contact Us | About Us | Terms & Conditions

    Follow Us on Facebook, Twitter, Google Plus and RSS LinkedIn Facebook Twitter Google Plus RSS .

    Secondary menu

    • Latest News
    • Top Rated
    • Most Popular
    • Archive
    • Discussions