American International Group, Inc. (NYSE: AIG) rises higher, despite losses

American International Group quarterly loss is $ 2.66 billion

In brief: American International Group, Inc. (NYSE: AIG) is trying to get 3% up during a Pre-market trading today.

American International Group, Inc. (NYSE: AIG) continued the positive Pre-market trading today. American International Group shares rose 41.03 points to the mark, gaining +1.13 points (2.83%) from the beginning of Pre-market trading.

The American insurance giant American International Group announced the receipt of damages for the II quarter of 2010 of $ 2.66 billion, or $ 3.96 per share. In the II quarter of last year, AIG earned $ 1.82 billion, or $ 2.30 per share. The company said that its losses primarily due to the voluntary expense for impairment of assets amounting to $ 3.3 billion company also said that its operating profit for the period totaled $ 1.34 billion, or $ 1.99 per share, versus $ 1.14 billion, or $ 1.71 per share a year earlier. Analysts polled by FactSect, expected the company earned 98 cents per share.

Igor Tringlers
2010-08-06 12:53, Economics.

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