American International Group, Inc. News
What's in CNBC's List of Stocks That Can Beat Rate Hikes
The basket includes Boeing, Exxon Mobil, News Corp., ConocoPhillips, Mosaic, Oneok O’Reilly Automotive, Chevron and AIG.
RBC Chooses Amazon, M&T, UnitedHealth as Top 2022 Stocks
'Our U.S. equity strategy team expects 2022 to be a year of solid but more moderate returns relative to 2021,' RBC said.
Blackstone Posts Record $684 Billion in Assets Under Management
Blackstone tops analysts' earnings and revenue estimates for the second quarter.
Premarket Movers Thursday: AIG, Netflix, GameStop
Stocks moving in premarket trading Thursday include American International Group, Netflix, GameStop, Morgan Stanley and Cinedigm.
AIG Jumps on Deal to Sell Life and Retirement Business to Blackstone
American International Group jumps after it agrees to sell a stake in its life and retirement business to asset management giant Blackstone.
Breaking News
Costco Beats Q3 Sales Forecast, Membership Revenues Near $1 Billion
Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.
Gap Stock Plummets On Wider Q1 Loss, Grim Profit Outlook As Shoppers Shun Casual Apparel
"Supply chain challenges and persistent delays significantly limited the brand's responsive abilities" to changing consumer trends, CEO Sonia Syngal told investors Thursday.
Big Lots Stock Crumbles After Surprise Q1 Loss As Inflation, Gas Price Surge Bites Spending
"We believe the slowdown was caused by the spending pressure our consumers felt from higher gas prices and broader inflation," said CEO Bruce Thorn.
Broadcom Agrees to Buy VMware in $61 Billion Cash-and-Stock Cloud Software Deal
"Combining our assets and talented team with Broadcom's existing enterprise software portfolio creates a remarkable enterprise software player," said VMware CEO Raghu Raghuram.