4 Stocks on Our Radar Post-Market: AIG Making a Comeback, Akamai and Sears Jump Higher, and MetLife Tries to Focus
After gaining 6.21% during regular trading, shares of American International Group (NYSE:AIG) continue to attract attention. The company announced late Wednesday that it has secured two new credit facilities totaling $4.5 billion to replace existing facilities.
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MetLife (NYSE:MET) is heading slightly lower in extended hours after the company said it is seeking to sell its forward mortgage business so it can focus on its core insurance and employee benefits businesses. The company competes with AIG and Prudential Financial (NYSE:PRU).
Shares of Sears Holdings (NASDAQ:SHLD) are up more than 5% after the closing bell. The department-store chain hired a firm to help it license its Craftsman tool, Kenmore appliance, and DieHard battery brands. Sears would receive a fee to use its name on the products. The company also competes with Target (NYSE:TGT) and Wal-Mart (NYSE:WMT).
Investing Insights: The Dow’s Fantastic 6 Stocks.