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American
International Group, Inc. (NYSE:AIG)is the top percentage mover and surged 15% in the opening trade as the insurer
rescued by the U.S. government, reported its first profit in seven quarters as
investment losses narrowed. Second-quarter net income of $1.82 billion, or $2.30
a share, compares with a net loss of $5.36 billion, or a split- adjusted $41.13,
a year earlier, New York-based AIG said today in a regulatory filing. Operating
income, which excludes some investment results, was $2.57 a share, beating the
average estimate of five analysts surveyed by Bloomberg by $1.07. The insurer surged 71 percent this
week through yesterday in New York Stock Exchange composite trading on
speculation results would improve. The stock plunged more than 95 percent in the
past 12 months. The
Stock is currently trading higher by 85.57% at $25.90 after touching a day high
of $29.39 on huge volume of 5 million shares.
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| Last Trade: |
28.33 |
| Trade Time: |
4:02pm |
| Change: |
-0.14 (-0.49%) |
| Prev Close: |
28.47 |
| Open: |
28.59 |
| Bid: |
N/A |
| Ask: |
N/A |
| 1yr Target Est: |
37.50 |
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| Day's Range: |
27.89 - 28.96 |
| 52wk Range: |
19.18 - 34.91 |
| Volume: |
20,420,472 |
| Avg Vol (3m): |
17,750,000 |
| Market Cap: |
50.824B |
| P/E (ttm): |
2.72 |
| EPS (ttm): |
3.69 |
| Div & Yield: |
N/A |
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