Stock Alert : US stocks Opens Sharply Lower (AIG, BP plc, EVVV, RSH)

Shares of American International Group, Inc. (NYSE:AIG) fell 3.50% to $34.90 in the opening session after bailout firm denied  Tuesday to lower the $35.5 billion price tag on its Asian operations by the  British insurer Prudential.

After this likely deal failure A.I.G.’s ability is in doubts if they would be able repay the $182 billion in U.S. government aid that the company has received in a series of rescues over the past twenty months.

Subscribe to daily free stock newsletter by visiting:  http://www.pennystockpickreport.com/

A.I.G. said Tuesday that “after careful consideration,” it would stick to the original terms and “will not consider revisions to those terms.”

American International Group, Inc. (AIG), is a holding company, which through its subsidiaries, is engaged primarily in a range of insurance and insurance-related activities in the United States and abroad.

BP plc (ADR) (NYSE:BP) is the biggest loser on Tuesday and slumped 14% after the company said it failed  to quell the Gulf of Mexico oil spill. Shares of BP have hammered down by over 38% since April 20, 2010, when the company reported about the leakage of the oil.

BP p.l.c. (BP) is an international oil and gas company. The Company operates in more than 80 countries, providing its customers with fuel for transportation, energy for heat and light, retail services and petrochemicals products.

Ev3 Inc. (NASDAQ:EVVV) soared 17.60% to $22.25 after Covidien, drug and medical device maker, said that it has agreed to acquire the former  for $2.6 billion, or $22.50 a share, a premium of nearly 19% over ev3's closing price on Friday.

ev3 Inc. (ev3) is a global endovascular company focused on identifying and treating peripheral vascular disease, including, in particular, lower extremity arterial disease and neurovascular disease.

RadioShack Corporation (NYSE:RSH) has also opened on a positive note and climbed 7.30% to $21.93 as According to media reports, Blackstone Group has  could be interested in buying the company.

Recently, there was a report that RadioShack has hired Goldman Sachs to explore strategic alternatives including a possible sale of the company that could fetch more than $3 billion. So we find this value in real, then there is still some rally left in the stock.

RadioShack Corporation (RadioShack) is engaged in the retail sale of consumer electronics goods and services through the RadioShack store chain and non-RadioShack-branded kiosk operations.

About http://www.pennystockpickreport.com/

Penny Stock Pick Report offers penny stock newsletter on OTC, PINKSHEETS ,OTCBB, AMEX, NASDAQ and NYSE stock exchange. Our subscribers receive daily up to date stock information on hot stocks, most active movers, top gainers, penny stocks and much more. If you wish to feature your organization on our website then you can contact us at the email given below.