Quantcast AIG's Loss And Record Oil Sour Mood On Wall St, 05/09 - Congoo
 
Log In
AIG's loss and record oil sour mood on Wall St, 05/09
Have an interest in this Story?
Sign Up for Real-Time email updates
China Securities Journal Net  | May 12, 2008

US stocks fell yesterday as the price of oil set another record and concerns about the financial sector flared up again after American International Group Inc reported a massive loss. AIG's dismal results raised doubts that the end of the credit crisis was near. The world's largest insurer wrote dow...
Read Full Article   
 
Leave a Comment Related Channels:
Build a News Circle
Create and share your
own news portal
Industry News
Choose an industry to view real-time news

 
Related Articles
Record oil and credit worries dog global stocks
Yahoo! News Australia - 5/11/2008
NEW YORK (Reuters) - Oil's relentless surge to new highs on Friday and a record $7.8 billion (4 billion pound) loss at AIG, the world's largest insurer, rekindled concerns that the bite from a credit crunch is not over, dragging down stocks around the world. A rise in oil to over $126 a barrel, the

AIG's loss and record oil sour mood on Wall St
Shanghai Daily - 5/10/2008
US stocks fell yesterday as the price of oil set another record and concerns about the financial sector flared up again after American International Group Inc reported a massive loss. AIG's dismal results raised doubts that the end of the credit crisis was near. The world's largest insurer wrote dow

U.S. stocks close lower, Dow drops 121 points
Kyrgyzstan News - 5/10/2008
All the major indices lost ground Friday in a dismal end to the week. The U.S. dollar was also sharply lower, while the price of oil soared above $126 a barrel. Blue chips fared poorly. The Dow Jones Industrials fell 120.90 points or 0.94% to 12,745.88. The Standard and Poor's 500 slid 9.40 points o

AIG's loss and record oil sour Wall St mood
AOL - 5/10/2008
NEW YORK (Reuters) - Stocks fell on Friday as the price of oil set another record and concerns about the financial sector flared up again after American International Group Inc (AIG.N) reported a massive loss.The Dow Jones industrial average fell 120.90 points, or 0.94 percent, to end unofficially a

GLOBAL MARKETS-Record oil, AIG loss drag down global stocks
National Post - 5/10/2008
NEW YORK, May 9 (Reuters) - Oil's relentless surge to a fresh high on Friday stoked worries about the economy and pressured stock markets in the United States and Europe, while a $7.8 billion loss at AIG, the world's largest insurer, rekindled fears that the credit crisis is not over. Oil rose to ov

US STOCKS-AIG's loss and record oil sour Wall St mood
National Post - 5/10/2008
NEW YORK, May 9 (Reuters) - U.S. stocks fell on Friday as the price of oil set another record and concerns about the financial sector flared up again after American International Group Inc reported a massive loss. The Dow Jones industrial average <.DJI> fell 120.90 points, or 0.94 percent, to end un

U.S. STOCKS - AIG's loss and record oil sour mood on Wall St
Reuters India - 5/10/2008
NEW YORK (Reuters) - U.S. stocks fell on Friday as the price of oil set another record and concerns about the financial sector flared up again after American International Group Inc reported a massive loss. AIG's dismal results raised doubts that the end of the credit crisis was near. The world's la

Market Recap: AIG's Loss and Record-High Crude Punish Stocks; Citigroup and Northwest
Schaeffers Research - 5/10/2008
The usual suspects sent stocks spiraling into negative territory today: financial stocks and crude oil. American International Group (AIG) kicked off the selling mood with a wider-than-expected first-quarter loss The Dow Jones Industrial Average (DJIA - 12,745.88) rebounded from its lows of the day,

Stocks Close Moderately Lower On Surging Oil Prices And AIG Loss ," U.S. Commentary
TradingMarkets - 5/9/2008
With credit concerns once again in focus, stocks ended Friday,™s session considerably lower after the world,™s largest insurer said it swung to a loss in its first quarter. Continued inflation concerns also pressured the markets. After the markets closed on Thursday, Dow component AIG (A

AIG's record loss
Financial Times - 5/9/2008
Twinning a $12.5bn capital raising with a 10 per cent dividend increase is a bit like hitting your average shareholder with a baseball bat while offering them a Band-Aid.On top of their shock at American International Group's record quarterly loss, investors were left bemused by the company's mixed
>>More

Featured Members
Rama Sethu Ranga Nathan Rama Sethu Ranga Nathan
Consultant Sound/Recording Engineer
Music Industry
Gordon Kauer Gordon Kauer
Sales Rep/News/On Air
Broadcasting Industry

  
  View more profiles

 
Access dozens of premium and subscriptions sites Free! Download now.

Advertise   |   Build a News Circle   |   Get News Briefings   |   Congoo News Home   |   Get the Netpass
About Congoo   |   Terms   |   Privacy   |   Need Help?   |   Site Map
Copyright ©2008 Congoo.com. All Rights Reserved.