AIG’s Q1 2016 Results Disappoint On Lower Capital Gains

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AIG
American International

AIG (NYSE:AIG) reported disappointing first quarter results on Monday, with after-tax operating income of $0.65 per share compared to $1.22 a share in the prior year quarter. This was also considerably lower than analyst consensus estimates of $1.00 a share, and was primarily driven by lower income on hedge fund investments.aig-5aig-10aig-12

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