stock sale News

RSA Insurance Group Plc was upgraded by Standard & Poor’s after Chief Executive Officer Stephen Hester announced a stock sale and a deal to transfer risk to Warren Buffett’s Berkshire Hathaway Inc. The credit grade was lifted to ‘A’ from …

American International Group and the U.S. Treasury said Wednesday they will sell just under $9 billion in AIG stock, suggesting the government’s exit from its crisis-era investment will be more difficult than originally thought. The $9 billion figure is less …