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Home »Publications »U.S. newspapers and newswires »U.S. newswires »AP Online »Oct - Dec 2005 »November 10, 2005 »
Recently viewed:Article: RZD SIGNS COOPERATION AGREEMENT WITH RUSSIAN TECHNOLOGIES.

AIG to Again Restate Previous Results

AP Online
November 10, 2005 |EILEEN ALT POWELL, AP Business Writer |Copyright
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. This material is published under license from the Associated Press. All inquiries regarding rights or concerns about this content should be directed toCustomer Service.
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    <a href="http://www.highbeam.com/doc/1P1-115058504.html" title="AIG to Again Restate Previous Results | HighBeam Research">AIG to Again Restate Previous Results</a>
EILEEN ALT POWELL, AP Business Writer
AP Online
11-10-2005
Dateline: NEW YORK
American International Group Inc., one of the world's largest insurers, said Wednesday it was delaying its third-quarter earnings report until next week because it must again restate earlier financial results to correct accounting errors.

The insurance behemoth's shares seesawed in trading as investors weighed the prospect of yet another restatement _ this time for fiscal years 2002, 2003 and 2004 _ against broker recommendations that AIG remained a good investment.

After dropping more than a dollar in early trading, AIG shares closed up 52 cents, or 0.8 percent, at $66.37 on the New …

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