Posts Tagged ‘AIG’

After-Hours: AIG Sees Larger Berkowitz/Fairholme Stake (AIG)

American International Group Inc. (NYSE: AIG) is seeing a new larger stake taken in recent days or weeks from Bruce Berkowitz’ Fairholme Capital Management, L.L.C. The new stake is higher than previously seen 15,038,100    shares or 11.13% as of March 31, 2010… which may have been raised between now and then as well.  The new [...]

AIG Sees Downgrade Recoil (AIG)

American International Group Inc. (NYSE: AIG) will sound like hell on wheels this morning.  The government-backed and widely hated insurer’s stock was given a key downgrade this morning. Shares were downgraded to Underperform with a $6.00 Target at Keefe Bruyette & Woods.  Shares are down 4.2% at $42.65 this morning, and at 8:40 AM EST [...]

AIG Dusts Off Goldman Sachs Paper (AIG)

American International Group (NYSE: AIG) is trading up after it cleared out some significant losses.  The WSJ has reported that AIG has unwound most of its mortgage swaps with Goldman Sachs that were left over after the government bailout, which will result in large charges yet get another eye sore off the books.  The insurance [...]

Top Day Trader Alerts (AIB, IRE, AIG, APOL, ABIO, BELM, CKXE, ORCT)

Allied Irish Banks plc (NYSE: AIB) is down sharply this morning but off the lows after it is in discussions with the Financial Regulator in order to agree its capital requirements.  Shares were down close over 15% in early ADR trading this morning and at 8:44 AM EST shares are down 14.6% at $3.80 on [...]

Top Day Trader Alerts (NOVL, PALM, AIG, FNM, ETFC, FSLR, FUQI, TEVA)

Novell Inc. (NASDAQ: NOVL) is trading up as one of the more active stocks this morning. As we expected the company would have to do, it rejected the Elliott private equity takeover bid as ‘Inadequate.’  But the company said it is now exploring strategic alternatives and assess its options including a potential sale.  At 8:50 [...]

AIG Price-Volume Spike (AIG)

American International Group, Inc. (NYSE: AIG) saw a rather large price and volume spike late in the afternoon.  Before 2:30 PM EST AIG shares went from being down around the lows of the day at $33.30+ and went all the way up to $36.37 in a very rapid fashion.  We have seen notes that Macquarie [...]

Top Day Trader Alerts (AIG, DRYS, PSUN, RFMD, ZUMZ)

American International Group, Inc. (AIG) up 3.4% at $36.30 on 338,000 shares as of 8:40 AM EST.  Yesterday’s gap up was lost during the day, so let’s see what Friday has in store. DryShips Inc. (NASDAQ: DRYS) is trading up 2.75% at $6.35 on 320,000 shares as of 8:40 AM EST. Pacific Sunwear of California, [...]

Top Day Trader Alerts (AIG, BPAX, C, DVN, ICO, TEAR)

American International Group, Inc. (NYSE: AIG) is going for a DAY THREE…. Shares are up 5% at $38.18 and we have already seen 1 million shares as of 8:33 AM EST. BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX) is up almost 17% at $2.00 on just over 1 million shares as of 8:27 AM EST.  The company [...]

Top Day Trader Alerts (AEO, AIG, C, FACT, FNM, FRE, SOLR, ITMN)

These are this Wednesday’s top active stocks with moves on news or continued trends of yesterday.  We have offered price and volume data as well as added color where appropriate: American Eagle Outfitters, Inc. (NYSE: AEO) is trading higher after it announced last night that it was closing down its MARTIN+OSA concept store brand.  Shares [...]

Top Day Trader Alerts (AIG, CTIC, MDVN, SEED, SSTI, XRTX, ZANE)

These are this Monday’s top day trader and active trader alerts seen in pre-market trading.  We have included the news and some brief color where applicable on each.  We have also given updates as of 9:15 to 9:18 AM EST: American International Group, Inc. (NYSE: AIG) is trading up 2% after its $15.5 billion Alico [...]