International Business News - MetLife http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif MetLife Inc. priced a public stock offering at $26.50 per share as part of a plan to shore up its capital base as it expects third-quarter results to be hurt by ongoing volatility in the financial markets. http://www.ibtimes.com/articles/20081009/ahead-of-the-bell-metlife-offering-prices.htm Thu, 09 Oct 2008 08:06:40 EDT Life insurance company MetLife Inc. said Wednesday evening that it expects a public offering of 75 million shares to yield about $2 billion in capital for the company. The offering will be priced at $26.50 per share. http://www.ibtimes.com/articles/20081008/metlife-prices-public-offering-at-26-50-per-share.htm Wed, 08 Oct 2008 20:16:22 EDT U.S. life insurance company MetLife Inc. said it will cut an unspecified number of jobs by year-end and announced plans to sell common stock to bolster its capital amid rising losses on investments. http://www.ibtimes.com/articles/20081008/metlife-trims-3q-outlook-plans-job-cuts.htm Wed, 08 Oct 2008 19:40:35 EDT Metlife Inc. said Tuesday it plans to sell 75 million shares of its common stock in a public offering. The insurer said the offering will boost its capital position and will be used for general business purposes and "potential strategic initiatives." http://www.ibtimes.com/articles/20081007/metlife-says-will-offer-75m-shares-of-common-stock.htm Tue, 07 Oct 2008 21:48:26 EDT MetLife Inc. said Tuesday its third-quarter results will be marked by a drop in investment income and fee revenue amid the downturn in world financial markets. http://www.ibtimes.com/articles/20081007/metlife-says-3q-trimmed-by-market-downturn.htm Tue, 07 Oct 2008 21:32:44 EDT Shares of MetLife Inc. dropped sharply Thursday as financial services firms and the broader market fell amid continued worries about the ongoing credit crisis and whether a government bailout would help ease those concerns. http://www.ibtimes.com/articles/20081002/metlife-shares-fall-hit-3-year-low.htm Thu, 02 Oct 2008 18:39:34 EDT MetLife Inc. said its net direct investments in Lehman Brothers Holdings Inc. and AIG total about $800 million. The insurer said the investments include debt, equities, and derivatives. The figure also includes common stock of about $10 million. MetLife did not break down how much is invested with each of the companies. http://www.ibtimes.com/articles/20080917/metlife-says-lehman-aig-investments-total-800m.htm Wed, 17 Sep 2008 09:58:02 EDT MetLife Inc. spent nearly $1.3 million in the second quarter lobbying on mortgage reform proposals and other issues, according to a recent disclosure form. http://www.ibtimes.com/articles/20080820/metlife-spent-nearly-1-3m-lobbying-in-2q.htm Wed, 20 Aug 2008 15:37:46 EDT MetLife Inc., the largest U.S. life insurer, said Thursday it has started to offer its shareholders the ability to exchange all or some of their stock for a newly created class of Reinsurance Group of America Inc. http://www.ibtimes.com/articles/20080814/metlife-sets-limit-on-exchange-rate-for-rga-split.htm Thu, 14 Aug 2008 10:35:58 EDT MetLife Inc. said Tuesday its profit fell 19 percent in the second quarter, missing Wall Street expectations and sending shares down nearly 10 percent in after market trading. http://www.ibtimes.com/articles/20080729/metlifes-2q-profit-shrinks-19-percent.htm Tue, 29 Jul 2008 17:45:01 EDT MetLife Inc. is expected to release second-quarter financial results on Tuesday. Major insurers like the New York-based company continue to face uncertainties surrounding credit and market exposures. On the credit side, realized and unrealized investment losses are expected to continue. http://www.ibtimes.com/articles/20080729/ahead-of-the-bell-metlife-2q-earnings.htm Tue, 29 Jul 2008 06:15:17 EDT MetLife Inc. reports second-quarter financial results on Tuesday after the market closes. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20080728/earnings-preview-metlife-to-report-2q-results.htm Mon, 28 Jul 2008 10:44:34 EDT The chairman and chief executive of insurer MetLife Inc. exercised options for 3,100 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing Friday. http://www.ibtimes.com/articles/20080630/metlife-chief-executive-exercises-options.htm Mon, 30 Jun 2008 14:55:12 EDT A majority of near-retirees overestimate how much they can withdraw each year from savings to pay for retirement and most also underestimate their average life expectancy, according to a survey released Wednesday by the MetLife Mature Market Institute. http://www.ibtimes.com/articles/20080625/study-shows-near-retirees-savings-knowledge-low.htm Wed, 25 Jun 2008 12:22:42 EDT Insurer MetLife Inc. spent nearly $1.2 million lobbying on insurance, tax and banking issues in the first quarter, according to a recent disclosure form. http://www.ibtimes.com/articles/20080617/metlife-spent-nearly-1-2m-lobbying-in-1q.htm Tue, 17 Jun 2008 16:26:46 EDT The chairman, president and chief executive of insurer MetLife Inc. exercised options for 3,100 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing. http://www.ibtimes.com/articles/20080609/metlife-president-and-ceo-exercises-options.htm Mon, 09 Jun 2008 16:31:50 EDT A subsidiary of MetLife Inc. on Wednesday said it will buy the residential mortgage business of a unit of First Horizon National Corp., including more than 230 retail and wholesale offices nationwide. http://www.ibtimes.com/articles/20080604/metlife-unit-buys-first-horizon-mortgage-business.htm Wed, 04 Jun 2008 09:29:49 EDT The chairman, president and chief executive of insurer MetLife Inc. exercised options for 3,100 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing. http://www.ibtimes.com/articles/20080602/metlife-chairman-and-ceo-exercises-options.htm Mon, 02 Jun 2008 17:31:28 EDT MetLife Inc., the largest U.S. life insurer, said Monday it plans to sell its 52 percent stake in Reinsurance Group of America Inc. to MetLife shareholders. http://www.ibtimes.com/articles/20080602/metlife-to-sell-52-pct-stake-in-reinsurer-rga.htm Mon, 02 Jun 2008 12:49:07 EDT The chairman and chief executive of insurer MetLife Inc. exercised options for 3,100 shares under a prearranged trading plan, according to a Securities and Exchange Commission filing Friday. http://www.ibtimes.com/articles/20080527/metlife-ceo-exercises-options.htm Tue, 27 May 2008 16:26:57 EDT