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American Financial Group

  • Has AIG Managed to Get Itself Back on Track?

    By Jhumpa Sarkar - September 14, 2012 | Tickers: ACE, AFG, AIG, ANAT, MET

    American International Group's (NYSE: AIG) bailout worked well and the government and shareholders can claim hearty returns for now. I wonder what a Lehman Brothers bailout might have looked like, but it looks like AIG has managed to get itself back on track. This means the company is on solid footing. The Federal Reserve and the US Treasury not only rescued it from bankruptcy but also reported a profit more »

  • Do You Know About This Insurer's Bailout Saga?

    By Ron Chatterjee - September 12, 2012 | Tickers: AFG, AIG, ANAT, BAC, HCC

    As you already might know, the US Treasury recently recovered around $18 billion, from the disinvestment of the 553.8 million shares of American International Group (NYSE: AIG) at $32.50 per piece, with a profit of around $12.4 billion. A move that turned a four-year old bailout into substantial profit for the American taxpayers! Needless to say, the US government still holds around 22% stake in the company more »

  • Insurers Wilt in US Drought

    By Tony Daltorio - August 28, 2012 | Tickers: ACE, AFG, DE, WFC

    In a recent article, some of the winners and losers thanks to the worst drought in the United States in a half century were discussed. Since then the news has gotten worse as the U.S. Meteorological Service recently stated that drought had now engulfed in excess of 85% of the country's acreage devoted to both corn and soybeans. So it should come as no shock that there will more »

  • The Next Dividend Cut?

    By Chad Henage - June 20, 2012 | Tickers: AFG, CINF, PGR

    I've studied a lot of companies over the years, and there are certain criteria I look for in a stable dividend growth company. Generally speaking, I think companies like Cincinnati Financial (NASDAQ: CINF) are undervalued. Many insurance companies sell for a significant discount to their growth rate. In addition, several of these companies have strong dividend growth records. Here is the problem, Cincinnati Financial is not one of these undervalued companies. There are two potential problems, the stock appears overvalued, and the dividend could be in trouble.