Earning come out on the 31st the AIG already said it will be bad. Last quarter was -1.21 per share. Who can guess the EPS this quarter. This will be 10 out of 13 POOR quarters. They still get paid, WOW
What does this have to do with Lay offs, More are coming.
Here is a real concern, the Stock market is up 444 points and AIG is down ti $44.34 or 1.21%. Nice job Senior Management. Kiss STI good bye. RIFs RULE.
UBS just cut AIG stock price to $58 from $63. This is not a good sign for our STI.
I dunno, stock closed up at $43.28 last week. Sure sign of a turn-around. Better days are coming. Who's the CEO this week?
New week starts in 20 hours. No New business, Lays off for all departments, People sitting around not knowing what to do and other wishing they would get that phone call (Please).
Very sad story when either senior management does not know how bad it is or does not care! Have a Happy week!
Earning report for year-end will be a negative also. It will be blamed on Winter Storms. STI/Bonus will be cut by at least 50%.
BD 5 quarters/5 negative surprises: He continues to say moving in the correct direction and we will be profitable by 2019. No way! He and Board must go! No STI this year. Kiss it good by
More lay offs are coming with a sense of urgency. Kiss Your BONUS GOOD Bye
American International Group, Inc. Q3 EPS $(0.34) May Not Compare To $0.18 Estimate
4:19 pm ET October 31, 2018 (Benzinga) Print
American International Group, Inc. (NYSE:AIG) reported quarterly losses of $(0.34) per share which missed the analyst consensus estimate of $0.18 by 288.89 percent. This is a 72.13 percent increase over losses of $(1.22) per share from the same period last year.
Stock at new 52 week low. $39.40. Earning report due tomorrow. Tthey are saying they will have reduced costs of 2% due to Lay Offs. They will have to cut a lot more to hit 2%. Earning will be very BAD. Stockholder is not happy
Rumor is that they will be cutting STI by 75% due to earning results.
Wednesday is the big day. Earning for AIG. Based on their pre-report it will be BAD.
Guess the EPS number. Last quarter was -1.21 EPS. Could it go below that number.
Who can guess it!
My hope is that the analyst ask some pointed questions this time. BD has been there now for over 1.5 years and is doing the same, nothing new, stock is going down, we should have kept the old group
The same as the last time
My guess would be -1.35 Per Share