Information Provided By: 
Fly News Breaks for November 4, 2015
AIG
Nov 4, 2015 | 08:29 EDT
As noted earlier, Atlantic Equities downgraded AIG to Underweight from Neutral. The firm says that the company's normalized operating ROE has dropped by about 70 basis points year-over-year. As a result, the firm is skeptical as to whether additional cost cutting could lift the company's ROE and says that cost cutting "may be counterproductive." According to the firm, the company's main problem is the flat-lining of its its underwriting profitability.
News For AIG From the Last 2 Days
