AIG Announces First Dividend Since 2008

Aug. 1 (Bloomberg) -- AIG declared its first dividend since the rescue and authorized the repurchase of $1 billion in stock after profit jumped 17 percent. Shares climbed in extended trading. Julie Hyman reports on Bloomberg Television's "Street Smart." (Source: Bloomberg)

European Bank Spreads Signal Concern
49:41 - Peter Tchir, head of macro strategy at Brean Capital, discusses the European banking sector, coco bonds and what the ECB can do to relieve the bank stress. He speaks to Bloomberg's Joe Weisenthal and Alix Steel on "Bloomberg Markets." (Source: Bloomberg)
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