AIG (AIG) Misses Q4 EPS by 8c
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February 13, 2015 7:27 AM EST
BofA/Merrill Lynch analyst Jay Cohen bumped his price target on American International Group (NYSE: AIG) to $62.00 (from $61.00) following Q4 results of $0.97 that missed the consensus of $1.05.
Cohen notes the miss was due to greater than expected adverse reserve development and was offset... More
February 12, 2015 4:16 PM EST
AIG (NYSE: AIG) declared a quarterly dividend of $0.125 per share, or $0.5 annualized.
The dividend will be payable on March 26, 2015, to stockholders of record on March 12, 2015, with an ex-dividend date of March 10, 2015.
The annual yield on the dividend is 1 percent.
For a... More
February 12, 2015 4:15 PM EST
In addition to earnings, AIG (NYSE: AIG) authorized the repurchase of additional shares of AIG Common Stock with an aggregate purchase price of up to $2.5 billion. During 2014, AIG repurchased approximately $4.9 billion of shares of AIG Common Stock, pursuant to prior authorizations from the Board... More
