Benmosche Says AIG to Rebuild Non-U.S. Life After Asset Sales
February 27, 2013
Share buybacks would be “far more accretive,” John Nadel, an equity analyst at Sterne Agee & Leach Inc., said in a research note, cutting the stock’s rating to neutral. “Timing and size of expense saves in 2014 and beyond remain cloudy, and capital management for the foreseeable future will remain focused on debt paydown.”
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