Friday’s Recap: American International Group, Barrick Gold Corporation, EMC Corporation, Mondelez International

NEW YORK, April 19, 2013 - cheapstocks.us, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on American International Group, Barrick Gold Corporation, EMC Corporation, Mondelez International.

American International Group Inc(NYSE:AIG - News) shares gained 1.10% to $38.76. A federal appeals court ruled in favor of American International Group Inc in concluding that the insurer's $10 billion lawsuit against Bank of America Corp over mortgage losses belongs in state court, not federal court. The 2nd U.S. Circuit Court of Appeals on April 19 threw out a lower court order denying AIG's bid to move the case to a New York state court.
AIG's lawsuit was filed in August 2011 but has been largely on hold because of the venue fight.

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Additionally, Zacks reaffirmed their neutral rating on shares of AIG in a report issued on April 16. They currently have a $41.00 target price on the stock.

Moreover, International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc. (NYSE:AIG - News), announced on April 17 it has delivered the first of three new Boeing 737-800!br

Barrick Gold Corporation (USA) (NYSE:ABX - News) shares climbed 0.39% to $18.05. A group of Canada's largest pension funds said on April 19 it will vote against Barrick Gold Corp's planned signing bonus for the man tipped!br

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EMC Corporation(NYSE:EMC - News) shares fell 2.33% to $21.82. The company, on April 9, announced that MLB Advanced Media, L.P. (MLBAM), the interactive media and Internet company of Major League Baseball, has
implemented EMC(®) technologies to support live video streaming and e-commerce for baseball fans around the world. With the performance and reliability advantages of EMC technologies, MLBAM has improved the quality of video streaming and online experiences for fans looking to capture their favorite MLB baseball teams in action.

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Additionally, the company will publish its first-quarter 2013 financial results on April 24, 2013 at approximately 7:00 a.m. ET.

Mondelez International Inc (NASDAQ:MDLZ - News) shares climbed 3.89% to $31.27. Credit Suisse reaffirmed their outperform rating on shares of MDLZ in a research note released on April 19. They currently have a $33.00
price target on the stock, up from their previous price target of $31.00.

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Additionally, the Board of Directors of Mondelez International, Inc. on Mar. 13 has declared a regular quarterly dividend of $0.13 per common share of Class A stock. This dividend is payable on April 15, 2013, to stockholders of record as of April 1, 2013.

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