American
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Fortress Funds Complete Acquisition of American General Finance
NEW YORK–(BUSINESS WIRE)–American International Group, Inc. (NYSE: AIG) and Fortress Investment Group LLC (NYSE: FIG) announced today that certain Fortress managed funds acquired 80% of American General Finance Inc. (AGF), a leading provider of consumer credit, from AIG. AIG retained a 20% interest in the AGF business. Founded in 1920, AGF provides loans, retail financing [...]
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Two American Astronauts, Russian Cosmonaut Return Safely From Space Station
Linda Young – AHN News Writer Ekibastuz, Kazakhstan (AHN) – A Russian Soyuz spacecraft returned safely to Earth Friday with two astronauts from the United States and one Russian cosmonaut aboard. The three crew members had completed their missions on the International Space Station before entering the Russian Soyuz spacecraft for their return to Earth, [...]
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Iran Delays Trial For Two Remaining American Hikers
AHN News Staff Tehran, Iran (AHN) – Iran has temporarily postponed the trial of three American hikers; proceedings were scheduled to start on Saturday. Explaining the delay, the judiciary spokesman said that one of the co-accused Sarah Shourd, who was freed on bail due to illness in September, could not be summoned to attend the [...]
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American Greetings shares fall 10%
SAN FRANCISCO (MarketWatch) — American Greetings shares slid 10% to $18.65 midday Wednesday. The Cleveland-based maker of greeting cards and gift items reported net income for the quarter ended Aug. 27 sank 63% from a year ago. Sales fell 4% to $333 million for the quarter. Chief Executive Zev Weiss said American Greetings still expects [...]