Morning Movers: Apple Inc (AAPL), Chevron Corporation (CVX), American International Group Inc (AIG)

IBTimes 2013-11-01

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Apple Inc. (NASDAQ: AAPL) will launch its new iPad Air model in 42 countries, including U.S. stores beginning on Friday, November 1.

Shares of Apple edged up 0.08 percent to $523.10 in morning trading.

Chevron Corporation (NYSE: CVX) reported fiscal third-quarter earnings fell to $4.95 billion, or $2.57 per share, compared with $5.25 billion, or $2.69 per share, in the year-ago period.

Chevron shares fell 1.90 percent to $117.68 on Friday.

American International Group Inc (NYSE: AIG) posted fiscal third-quarter net income of $2.17 billion, or $1.46 per share, compared with $1.86 billion, or $1.13 per share, a year earlier. The insurer issued adjusted earnings of $1.4 billion, or 96 cents per share. Wall Street had expected AIG to report earnings of 94 cents per share, according to Reuters.

Shares of AIG dropped 6.29 percent to $48.40 in morning trading.

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