On Thursday, Shares of National Bank of Greece S.A. (NYSE:NBG), lost -5.13% to $1.11, as a leaked International Monetary Fund study suggests that Greece is in need of more debt relief than European governments have been willing to consider, Reuters reports.
The IMF’s secret warning on Greece’s debt was leaked as the country’s Prime Minister Alexis Tsipras struggles to persuade leftist lawmakers to vote on a package of austerity measures.
The measures and economic reforms must be agreed on in order to secure Greece’s much needed third bailout, Reuters added.
National Bank of Greece S.A., together with its auxiliaries, provides diversified financial services. The company is involved in retail and commercial banking, asset administration, investment banking, brokerage, and insurance activities.
Shares of MGM Resorts International (NYSE:MGM), inclined 0.81% to $18.69, during its last trading session.
MGM Resorts International, will release the Company’s financial results for the second quarter 2015 before the market opens on Tuesday, August 4, 2015. The Company will host a conference call that day at 11:00 a.m. Eastern Time, which will comprise a brief discussion of the results followed by a question and answer session.
MGM Resorts International, through its auxiliaries, owns and/or operates casino resorts. It operates through two segments, Wholly Owned Domestic Resorts and MGM China. The company’s casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities.
Finally, American International Group, Inc. (NYSE:AIG), ended its last trade with 0.20% gain, and closed at $64.16, hitting its highest level.
American International Group, the global insurance organization that traces its roots back to the establishment of a small insurance agency in China nearly a century ago, has launched a sweeping initiative to expand access to life insurance for Chinese-American consumers in the United States. As part of AIG’s blueprint for building further on the transformative growth strategy declared in 2014 for its product distribution network, the carrier has begun recruiting several hundred additional life insurance agents to address the needs of Chinese-Americans and is implementing an array of other measures to augment its service to them.
AIG’s research indicates Chinese consumers value permanent life insurance. The carrier believes its Quality of Life … Insurance® product suite – known as “life insurance you don’t have to die to use” and centered on flexible solutions designed to address multiple consumer needs – resonates strongly in the Chinese-American market.
American International Group, Inc. provides insurance products and services for commercial, institutional, and individual customers in the United States, the Asia Pacific, and internationally. The company’s Commercial Insurance segment offers general liability, commercial automobile liability, workers’ compensation, excess casualty, and crisis administration causality insurance products; commercial, industrial, and energy-related property insurance products; aerospace, environmental, political risk, trade credit, surety, and marine insurance products, in addition to various insurance products for small and medium sized enterprises; and professional liability insurance products for a range of businesses and risks.
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