The Traderszone Network

Published in TZ Latest News 12 February, 2015 by The TZ Newswire Staff

AIG fourth-quarter earnings miss estimates on low rates, refinancing

American International Group Inc (AIG.N) reported lower-than-expected fourth-quarter earnings on Thursday as low interest rates and refinancing expensive debt hurt the insurer’s results. Analysts on average had expected earnings of $1.05 per share in the fourth quarter, according to Thomson Reuters I/B/E/S.