Friday, November 6, 2009

The AIG Give-Back (AIG)

American International Group, Inc. (NYSE: AIG) is trading lower this morning because of the complexity of the earnings report.  But operating earnings on an adjusted basis came to $2.85 EPS.  Obviously there is a loss and trouble on items and ongoing issues.  At 9:38 AM EST we have seen some 6 million shares trade hands and the stock is down 8.25% at $36.03.  Average volume is close to 45 million shares, so it may be a while before the AIG volume looks exponential.

JON C. OGG


No comments:

Post a Comment