[$$] AIG Surge Driven by Warrants

AIG Surge Driven by Warrants - Barrons.com #hat_div { height: 28px; visibility: hidden; overflow: hidden; }MoreBigChartsVirtual Stock ExchangeWSJ AsiaWSJ EuropeWSJ AmericasWSJ Chinese SEARCH   Login: Password: Remember MeForgot your user name or password?Subscribe Welcome, My Account/Billing Messages Logout Home Magazine This Week's Edition Past Editions Subscribe Daily Analysis All Coverage Barron's Take Weekday Trader Inside Scoop Hot Research Investors' Soapbox Blogs & Columns Stocks To Watch Today Tech Trader Daily Focus On Funds Alan Abelson Gene Epstein Randall Forsyth Michael Kahn Tiernan Ray Michael Santoli Steve Sears Kopin Tan Investing Ideas Barron's Picks & Pans Mutual Funds / ETFs Bonds Center Options Center Barron's Take Weekday Trader Rankings & Reports Top Financial Advisors Barron's PENTA Most Respected Companies Barron's Roundtable Market Data Market Data Center Market Lab Economic Calendar PortfolioStockGrader Stock & Fund Listings Daily Stock Alert About Subscribe Latest Issues Manage Subscription

Dow Jones Reprints: This copy is for your personal, non-commerical use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool on any article or visit www.djreprints.com

See a sample reprint in PDF formatOrder a reprint of this article nowWeekday Trader Extra  | WEDNESDAY, DECEMBER 22, 2010 AIG Surge Driven by WarrantsBy ANDREW BARY | MORE ARTICLES BY AUTHOR

Shorts forced to cover as insurer's shares rise. ArticleComments + text size - print email Share twitter Digg facebook LinkedIn StumbleUpon Yahoo! Buzz MySpace del.icio.us NewsVine Mixx single page reprints get rss Subscribe Now With these readers: Or copy the rss link:

American International Group shares are adding to their recent gains, which have been spurred by the rising price of warrants that shareholders are due to receive as part of the government's plan to convert its $49 billion preferred stake in the formerly embattled insurer into common shares.

AIG stock (ticker: AIG) is up 61 cents today to 55.79, after hitting a new 52-week high in the session. Shares have risen four points since Friday, and about 13 points since early December.

It's tough to say how much higher AIG could go in the near term because there isn't a large ...

Copyright 2010 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com

moreOnline ExclusivesmoreThis Week's MagazinepreviousnextA Positive Move for Newfield

A deal to buy some Marcellus Shale acreage from EOG was cancelled.

SVB Financial Shares at Fair Value

The bank is trading at a premium to midcap peers.

Insurers Most Exposed to Municipal Bonds

Credit Suisse says Travelers, W.R. Berkley, Chubb and Allstate are most exposed.

Priceline Gets a European Boost

The travel site will benefit from strong travel trends.

A Defense Contractor Set to Play Offense

Though CACI International has underperformed the S&P 500 this year, shares are coming back to life.

Nike to Regain Its Footing

The company warned of rising costs, but investors would do well to buy the dip.

AIG Surge Driven by Warrants

Shorts forced to cover as insurer's shares rise.

Xilinx May Be Altera's Coal-Mine Canary

J.P. Morgan says Altera will show weakness but not as much as Xilinx.

Krispy Kreme Valuation Dozen Make Sense

The doughnut maker's near-term issues make the shares look expensive.

Top Picks in Financials for 2011

Credit Suisse likes State Street and Schwab in the new year.

Skechers' Long Walk on a Short Pier

The footwear maker could record a large write-down in 2011.

Yearning for Earnings in 2011?

Facing tough comparisons next year, corporate profits are looking at slower -- albeit respectable -- growth.

Costs Eating Into ConAgra's Bottom Line

Avoid the stock until the food company proves it can pass along rising commodity prices to consumers.

Take Profits in Electronics Manufacturing

Weak trends in enterprise and infrastructure are concerning.

Bigger Dividends for Christmas

With tax breaks extended, these firms recently raised payments. (At SmartMoney.com.)

previousnextOutlook 2011

Our group of investment experts sees stocks continuing their climb next year as the economic recovery takes root.

Insolvency Stalks China's Banks

Are China's banks threatened with insolvency? Yes, warns a seasoned global-market watcher.

It's a Snap! The Profits of Invention

Wall Street hasn't noticed, but giant Illinois Tool Works is poised to profit handsomely from its product innovation and global expansion. Time to zip-lock a winner.

Sallie Mae Is Back in Shape

SLM's varied financial-services businesses and bright earnings picture should be attracting investors, but past doubts keep it undervalued.

Like Money in the Bank

Financial-overhaul legislation is spurring a new wave of mutual savings banks to convert to stock ownership. With most deals priced below book value, bargains abound.

New World Explorer

Top bond fund manager Michael Hasenstab finds lots of debt and currency opportunities in emerging markets. South Korea is especially attractive.

Time to Harvest Their Promises

Saying 'no' to spending is easier on the campaign trail than in the corridors of Congress. Will the GOP have the moxie to confront the farm lobby?

Bullish on Tech and 2011

Federated Investors' Stephen F. Auth expects technology stocks like Broadcom to lead a market rally next year.

A Very Good Year for Stock ETFs

Morningstar's latest money-flow figures, for the year through November, show that U.S. stock ETFs had nearly $18.1 billion in net inflows in 2010. But comparable mutual funds had almost $69 billion in outflows.

Why the Fed Should Shop Till It Drops

Despite heavy criticism of the Federal Reserve's QE2 plan, Goldman Sachs' chief economist says the central bank should buy still more bonds.

Motorola Unleashed

Motorola Solutions and Motorola Mobility will emerge from the split-up of the original company. Motorola Mobility, especially, holds promise.

The Buck, the Stock Market and the Year Ahead

Interest rates and the dollar will be key to equities' 2011 performance, with a look at stocks including Microsoft, Pepsi and Procter & Gamble.

Beyond Gadgets: The Coming Brawl in Services

Tech companies like Apple are increasingly focusing on content and services, not just gear.

Stockpickers, Look Eastward

Some analysts think that a 10% gain is likely, and that 30% is not out of the question—even with the ever-present threat of inflation.

Five Reasons We'll Get Real in 2011

It may not heat up as much as we'd like, but the economy is likely to post 3.7%-to-3.8% growth in real gross domestic product next year.

In Dim Tech, Light May Loom

A tech analyst sees the sector improving in 2011 for many reasons, including emerging-market growth, corporate outlays and new products.

A Peek at Schwab's New Trading Site

The giant broker is about to unveil an updated site for active traders. So how is it?

Back To Back To MSN Money Homepage MSN Money Investing More Weekday Trader ExtraDecember 22AIG Surge Driven by WarrantsDecember 15Swift Transportation May Price at $11 December 14Swift Transportation IPO: Not a Swift Idea browse the full archive Video Center

End of Year Seasonal Factors at Odds1:50

In Dim Tech, Light May Loom1:08

Outlook 20111:10Today's Most Popular ViewedEmailedCommentedPortrait of an Artist

Subscriber Content Read Preview

AIG Surge Driven by WarrantsDoes a Low VIX Signal Danger?

Subscriber Content Read Preview

Top Picks in Financials for 2011As Stocks Rise, So Too Does RiskOutlook 2011As Stocks Rise, So Too Does RiskLike Money in the BankDoes a Low VIX Signal Danger?Next: Pricier Oil, Pickier InvestorsInsolvency Stalks China's Banks39 commentsGoing With the Flow27 commentsA Sobering Look Beyond Dell's Street-Beating Results15 commentsBank Stocks Finally Arrive at Rally Party3 commentsDividend Slashers3 comments Featured Comment

“ I'm not a Republican but it seems to me that the voters sent a clear message that they want the government to get its fiscal house in order while households struggle to do the same. The recently passed legislation to extend tax cuts and increase spending is a slap in the face to those voters. ”

— HELENA LIEU
On The Beginning of the End of Dollar Hegemony Blogs Updated throughout the day. STOCKS TO WATCH| Avi SalzmanHCA Files to Go Public in 2011 Thu, 23 Dec 2010 19:36:38 GMTMorgan Stanley Becomes Top Equity Banker, Besting JP Morgan Thu, 23 Dec 2010 18:13:44 GMTTECH TRADER| Tiernan RayFirst Solar, SunPower Unfazed By Spain Tariff Cut Thu, 23 Dec 2010 19:15:29 GMTEricsson: Goldman Cuts To Hold, Lower Margins Ahead Thu, 23 Dec 2010 18:17:29 GMTFocus on Funds| Tiernan RayTarget-Dates: Try Just a Little Contrarianism! Thu, 23 Dec 2010 18:40:24 GMTLoomis Sayles' Fuss & Team Buying Canadian, Indonesian Debt Wed, 22 Dec 2010 22:38:40 GMT Get Emails from Barron's Barron's Daily Roundup Barron's Preview This Week's Barron's Magazine This Week's Most Popular The email address is already associated with another account. Please enter a different email address: Enter your email address: Thank you! You will receive your email(s) shortly in your inbox. Manage Email Preferences Partner CenterAn Advertising Feature Barrons.com: Headlines Link to Barron's Slice. 15 return to top Account Services Subscribe My Account/Billing Info Forgot Password Log Out Help & Info Help Customer Service Barron's Print Customer Service About Barrons.com Advertising Advertise Locally Editorial Staff Privacy Policy Subscriber Agreement
& Terms of Use Copyright Policy Community Guidelines Also From Barron's Daily Stock Alert Conferences Reprints Digital Delivery Classifieds Tools & Services Email Newsletters Mobile/E-Readers Barron's iPad Barron's on Facebook Barron's on Twitter RSS Feeds Podcasts Portfolio Video Annual Reports Barrons.com WSJ.com MarketWatch.com SmartMoney.com AllThingsD.com FINS: Finance, IT jobs, Sales jobs BigCharts.com Virtual Stock Exchange WSJ U.S. Edition WSJ Asia Edition WSJ Europe Edition Foreign Language Editions: WSJ Chinese WSJ Portuguese WSJ Spanish Copyright © 2010 Dow Jones & Company, Inc. All Rights Reserved. #messagecontent{font-family:Verdana,Arial,Sans-Serif;font-size:10px;color:black;} .verdana {font-family:Verdana,Arial,Sans-Serif;font-size:12px;line-height:20px;} .p10 P{font-size:10px;}.pb14darkRed {font-size:14px;color:#990000;font-size:14px;}.boldRedSixteen{color:#990000;font-weight:bold;font-size:16px;} .pntsevenfiveem{font-size:12px;}.plnEleven{ font-size:11px;} Close

View the original article here