   
AIG Stock Price
American International Group, Inc. has been well known as
being one of the world’s leaders in the insurance and financial
services industry with operations in over 130 countries.
It’s fall from grace over the past year has been laced with
the scandal of receiving a government bailout in the amount of
85 billion to mishandling of these funds by still continuing to
hand out large bonuses to company execs.
Because of these reports we have seen it reflected on AIG
price stock from month to month. From it’s struggle at a per
share price of $15 to the steady increase over the 2nd quarter.
Much of this has to do with the restructuring within the
company, such as the new CEO Robert Benmosche from Metlife.
AIG stock price should show a profit margin just in time for
their fourth quarter earnings report due out Nov. 6th 2009.
Much of what will be revealed in the earnings report will be a
perspective of what the company hopes to achieve in the future
but is still expected to show a steady increase of about 1.70
per share.
To help change the image of the company AIG has reported
that they fully intend to repay the full amount of their share
of the bailout money received. Many experts have different
theories as to why the increase in AIG stock price over the
last quarter from shareholders holding on to the belief that
AIG will become the World Leader it once was in it’s hay day to
the possible buy out in the near future.
The actual growth of AIG stock prices verses AIG reports
vary slightly in the amount of growth per quarter. With all of
this being said with the current state of the economy and the
need for a financial boost any profit gain in the AIG stock
price is a plus. AIG will be one of the first big corporate
entities to represent whether or not we are moving in the right
direction.
There is still much debate on whether the government bail
out was a necessity or yet another bad economic decision at the
expense of tax payers dollars. If the past is a sure way of for
telling the future we know that it will be a slow and arduous
path to AIG becoming the corporate leader it once was. Like any
other stock market portfolio the long term is often where gains
are made. Slow and steady growth over time is still growth all
the same.
Although the future of AIG is unclear it has shown the
potential for growth over the last 2 quarters. This year marks
the 1st time the AIG stock price has been in the black since
2007 which is also another good sign that AIG is moving in the
right direction towards regaining some of the prestige as a
long standing leader on wall street.
Even with the bad press of high bonuses being paid, bail out
money being mishandled. Wall Street as a whole will hold it’s
breath for if this company can make a turn around it would be a
sure sign that we are on the right path towards turning around
the economy as a whole.
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