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AIG posts $543 million loss

By: Decomposed in ROUND | Recommend this post (0)
Fri, 06 May 11 1:52 AM | 59 view(s)
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May 5, 2011, 5:33 p.m. EDT

AIG reports quarterly net loss of $543 million

By Alistair Barr

SAN FRANCISCO (MarketWatch) -- American International Group Inc. said in a regulatory filing late Thursday that it generated a first-quarter net loss attributable to common shareholders of $543 million. That compares to net income attributable to common shareholders of $359 million in the same period a year earlier. The loss from continuing operations was $1.41 per common share attributable to AIG in the latest period, according to the filing. Income from discontinued operations was $1.06 a share attributable to AIG in the latest period. AIG shares fell 0.8% to $30.53 in after-hours trading Thursday.

Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months

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