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AIG Warns of Volatility; Shares Tumble

Stock quotes in this article: AIG  

(Updated with additional insight on writedowns and write-ups, as well as analysts commentary and stock movements.)

NEW YORK (TheStreet) -- American International Group(AIG Quote) swung into its second quarterly profit as the value of its investments slowly improves.

Still, the flailing insurer warned that any recovery would be slow and choppy, sending shares tumbling 9.6% to $35.54 in afternoon trading. ...

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