American International Group

AIG Reports $1.8bn Profit for Q209 

American International Group (AIG) [stock AIG][/stock] earned its first quarterly profit since the third quarter of 2007, after a year and a half of posting losses. The insurance giant gathered $1.8bn in net income or $2.30 per diluted common share for Q209. The earnings come after a $5.4bn net loss in the second quarter of 2008, according to a corporate release.