Tuesday, November 2, 2010

Early Market News: American International Group (NYSE:AIG), Verizon Communications Inc. (NYSE:VZ), Barnes & Noble Inc. (NYSE:BKS)

Here is another batch of news briefings which could affect stocks on world markets in trading later today. The following stocks should see some movement: American International Group (NYSE:AIG), Verizon Communications Inc. (NYSE:VZ), Barnes & Noble Inc. (NYSE:BKS). Here is a more detailed look at the news that will affect each company when trading continues. American International Group (NYSE:AIG) Mr. Benmosche has readied himself to return to normal scheduling. Later this week the AIG (NYSE:AIG) board said that Chairman Steve Miller would step in as interim CEO should Mr. Benmosche step down. But American International Group (NYSE:AIG) President and CEO Robert H. Benmosche has said that he is fine and ready to follow normal schedule. Observers say that the company is expecting an outsider with extensive capital management experience. It was said that Mr. Benmosche's success means AIG may no longer need a crisis manager. Verizon Communications Inc. (NYSE:VZ) Verizon Business has launched New Insight into Enterprise Security-Risk Management. The Verizon Business has launched its new product in the market that will give greater insight into IT security risk.  The product is user friendly as well as the analysis and risk forecasting is done by using two simple components, a Risk Score Card and a Risk Dashboard. Christian Christiansen, program vice president, IDC Security Products and Services said "The complexity of risk management is a challenge for many enterprises." Barnes & Noble Inc. (NYSE:BKS) Barnes & Noble Inc. (NYSE:BKS) has said it will launch a new Nook e-reader with a color touch screen for $249 in mid-November. The Nook color can be used for children’s books, newspapers, magazines and digital books readings. The Wall Street Journal reported that Barnes & Noble Inc. (NYSE:BKS) has planned to launch a digital collection of more than 12,000 books for kids.  It is expected that it will influence in the market of their new Nook e-reader. Morningstar analyst Peter Wahlstrom said “A customer may want to pay up and have a color screen, it seems like a logical next step to me." Expect more movement when trading continues for American International Group (NYSE:AIG), Verizon Communications Inc. (NYSE:VZ) and Barnes & Noble Inc. (NYSE:BKS).
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