Aig Hanging On To Aia Ownership Ahead Of Ipo

MarketNewsVideo.com, Forbes
Fri, 08/27/2010 - 8:00am

Reuters reports that AIG is not selling stakes in its American International Assurance unit.

Sections: business

Empire State Building IPO clears NY legal hurdle
A legal challenge to an ambitious plan to let the public buy shares in one of New York City's most famous landmarks — the Empire State Building — was cast aside on Tuesday in a ruling by a Manhattan judge. More
AP Source: Fiat mulls IPO after buying Chrysler
The head of Italian automaker Fiat is considering a plan to hold a public stock offering after the company buys 100 percent of Chrysler, according to a person briefed on the matter. More
SeaWorld stock surges in 1st day on NYSE
SeaWorld Entertainment Inc.'s stock surged in its first day of trading on the New York Stock Exchange. The owner of theme parks famous for water shows featuring killer whales and dolphins jumped $5.29, or 19.6 percent, to $32.29 in afternoon trading, after the company and its backers raised $702 million. More
Fears of an IPO Floodgate in China
China's campaign to cut a huge backlog of initial public offerings has failed to deliver. Now there are signs that the authorities could be preparing to reopen the IPO floodgates. More
Fannie earns $17.2B in 2012, biggest annual gain
Fannie Mae earned $17.2 billion last year, the biggest annual profit in the U.S. mortgage giant's history, helped by a record fourth quarter. More