• Shares of Ener1, Inc. (NASDAQ:HEV) plunged by 27.35%, after the company reported a large first-quarter net loss this week. Ener1 Inc. was also downgraded by Wunderlich Securities from “Hold” to “Sell” and its price target was reduced from $3.50 to $1.00 • Global and federal government insurer American International Group, Inc (NYSE:AIG) revealed in [...] (AIG) Company News for May 12, 2011 – Corporate Summary