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MetLife Wins 'Too-Big-To-Fail' Ruling; Insurance Sector Moves Higher
Wednesday, March 30, 2016 - 12:11pm | 342Insurance stocks are edging higher after Metlife Inc (NYSE: MET) won a 'too-big-to-fail' ruling, according to a Bloomberg report. Shares of the insurer climbed as much as 8 percent after the ruling. The news is sending shares of insurance companies higher. American International...
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Carl Icahn Issues Another Open Letter To AIG
Tuesday, January 19, 2016 - 10:32am | 307Activist investor Carl Icahn wrote an open letter to American International Group Inc (NYSE: AIG) in which he argued it is "abundantly clear" that there is "only one sensible path" for AIG to follow. According to Icahn, AIG should become a "smaller" and "...
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A Small-Cap Mortgage REIT Might Be The GE Capital Deal's Biggest Winner
Sunday, April 12, 2015 - 6:02pm | 982On April 10, Dow 30 stalwart General Electric Company (NYSE: GE), hogged most of the headlines generated from selling the majority of its ~$23.5 billion GE Capital real estate asset portfolio to Blackstone Group LP (NYSE: BX) and Wells Fargo & Co (NYSE: WFC). The biggest winner, though...