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 A Citi Investment Research analyst returned MetLife Inc. to his "Top Picks Live" list Sunday, saying the life insurer is well positioned to grow. Analyst Colin Devine said the New York-based company has the ability to not only grow organically, but can take market share from weakened competitors, including Lincoln National Corp., Genworth Financial Inc., Hartford Financial Services Group Inc., and Aegon NV, a Dutch company that owns U.S. insurer Transamerica. http://www.ibtimes.com/articles/20081201/citi-returns-metlife-to-top-picks-list.htm Mon, 01 Dec 2008 11:49:50 EST An analyst on Tuesday reiterated a "Buy" rating for MetLife Inc., saying the life insurer not only has enough reserves to grow its operations, but also could gain market share through acquisitions. http://www.ibtimes.com/articles/20081118/analyst-reiterates-buy-on-metlife-shares-fall.htm Tue, 18 Nov 2008 14:53:04 EST Life insurer MetLife Inc. said Wednesday its profit fell 39 percent in the third quarter as it paid out $1.2 billion more in benefits and claims and recorded higher operating costs. http://www.ibtimes.com/data/articleimgs/162726-correction-earns-metlife.jpg http://www.ibtimes.com/articles/20081029/metlife-3q-profit-down-39-percent-meets-estimate.htm http://www.ibtimes.com/articles/20081029/metlife-3q-profit-down-39-percent-meets-estimate.htm Wed, 29 Oct 2008 17:42:17 EDT MetLife Inc. is scheduled to report its third-quarter results Wednesday after the market closes. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20081027/earnings-preview-metlife-3q-profit-seen-falling.htm Mon, 27 Oct 2008 10:57:34 EDT An analyst on Monday cut his rating for MetLife Inc., saying the insurer might take losses in its asset portfolio that would reduce its excess capital position. http://www.ibtimes.com/articles/20081020/analyst-downgrades-metlife-to-neutral.htm Mon, 20 Oct 2008 12:54:12 EDT MetLife Inc. said Wednesday said it sold 86.3 million shares for about $2.3 billion as part of a stock offering announced last week. The New York-based insurer said it will use the money for "general corporate purposes and potential strategic initiatives." http://www.ibtimes.com/articles/20081015/metlife-completes-sale-of-86-3-million-shares.htm Wed, 15 Oct 2008 17:59:17 EDT 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