November 02, 2012 at 16:18 PM EDT
AIG Falls Hard as Treasury Set to Exit Stake
AIG (AIG) beat earnings expectations in its most recent quarter, in part on strong investment returns, but the stock fell hard on Friday. The company posted a $1.9 billion profit, versus a $4 billion loss a year ago. But with the Treasury Department exiting its stake in the insurer in a hurry, investors were wary [...]
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