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Wednesday 05 August 2009 8:00 pm

AIG rockets ahead of results

By: admindrupal

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Shares in American International Group yesterday soared ahead of its quarterly report tomorrow. The shares closed up 63 per cent to $22 (£13) as analysts forecast operating earnings could stabilise after five-straight quarterly losses and put faith in new chief executive, Robert Benmosche, who next Monday will become the fourth person in the last 14 months to lead the business.

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