CHARLOTTE, N.C. (AP) - The drama at American International Group Inc. has created large opportunities for competitors such as Ace Ltd., Chubb Corp. and Genworth Financial Inc. to steal away AIG's clients. But don't expect any company's earnings to rise significantly as a result, an analyst said Friday.
NEW YORK (AP) - Shares of several drybulk shipping companies set new year-lows on Friday, as vessel activity continued to spiral down and a key shipping index plunged.
NEW YORK (AP) - Shares of coal companies tumbled Friday after the government said coal production dropped 3 percent last week.
NEW YORK (AP) - Airline stocks were mixed Friday, with Delta and Northwest rising a day after shareholders approved the carriers' combination, but shares of several others in the sector edged lower.
NEW YORK (AP) - Shares of regional banks fell sharply Friday after the Federal Deposit Insurance Corp. seized WaMu, one of the nation's largest banks, and markets remained tense as the government's $700 billion bailout plan hit a serious roadblock.
BOSTON (AP) - Shares of Washington Mutual Inc. and Wachovia Corp. fell sharply Friday after Washington Mutual became the largest U.S. bank to fail and lawmakers struggled to reach agreement on a financial bailout, but other national bank stocks were mixed.