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AIG, ExxonMobil: Premarket Trading

(Premarket story updated with AIG news and share price information.)

NEW YORK ( TheStreet) -- More than 30 banks signed a multi-billion dollar credit facility agreement with American International Group (AIG - Get Report) less than two weeks after the insurer set out plans to exit a government bailout.

Shares of the company are up 2.14%, or $1.27, to $60.65 in premarket trading.

Large oil and gas companies such as ExxonMobil (XOM - Get Report) and ConocoPhillips (COP - Get Report) have put significant portfolios of assets up for sale, the Financial Times reported, citing consulting firm Derrick Petroleum Services.

Shares of ExxonMobil are rising 0.68%, or 50 cents, to $73.51 in premarket trading.

Freeport-McMoRan Copper & Gold (FCX - Get Report) reached a 52-week high share price of $119.44 yesterday as gold prices shrugged off China's interest rate hike. On Dec. 22 Goldman Sachs issued the company a buy rating and raised its price target for the stock to $132 from $111.

Shares of the Freeport-McMoRan Copper & Gold are up 1.47%, or $1.74, to $120.35 in premarket trading.

Online activists claimed a cyber attack on Bank of America's (BAC - Get Report) Web site yesterday, but the bank did not show any signs of failure. The bank's stock remained relatively steady after the People's Bank of China raised the one-year lending rate to 5.81% on Dec. 25 to fight inflation.

Bank of America shares are up 0.98%, or 13 cents, to $13.40 in premarket trading.

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AIG $54.81 -0.07%
AMZN $659.09 -1.76%
BAC $14.05 -0.57%
COP $43.21 -0.46%
CSCO $26.21 -0.87%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

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