Metlife says it failed to pay some pensions, flags hit to reserves
Metlife Inc failed to pay pensions to potentially tens of thousands of people and will have to strengthen its reserves because of the costs of finding and repaying them, the New York insurer said. Metlife said in a filing on Friday that it believed the group missing out on the payments represented less than 5 percent of about 600,000 people who receive benefits from the company via its retirement business. When taken, however, the increase to reserves could be material to Metlife's financial results.
Fed Hikes Rate: 4 Stocks to Add Value to Your Portfolio
You must have braced yourself for a rate hike, if you have followed the tide. As widely expected, the Federal Reserve raised the benchmark interest rate by a quarter percentage point for the third time this year to a range of 1.25-1.5%. Together, these have set the stage for a rate hike.
MetLife’s (MET) Latin American operating earnings rose 23% from $133 million in 3Q16 to $163 million in 3Q17, due to positive momentum in volumes and underwriting. The division reported total operating…...
MetLife’s Asian Operating Earnings Fall Marginally
Between 3Q16 and 3Q17, MetLife’s (MET) Asian operating earnings fell to $314 million from $324 million, mainly due to foreign exchange rates. The Asian division’s total operating revenue fell to $2.92…...
MetLife, Inc. breached its 50 day moving average in a Bearish Manner : MET-US : December 14, 2017
Posted on Dec 14, 2017 (2 days ago)
Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for MetLife, Inc.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving Average Bullish 50 ... Read more
Dec.13 -- Kevin Logan, chief U.S. economist at HSBC Securities, and Drew Matus, chief market strategist at MetLife Investment Management, discuss the Federal Reserve rate hike path. They speak on "Bloomberg Daybreak: Americas."
MetLife’s (MET) expenses comprise policyholder dividends and benefits, interest credited to policyholders’ accounts, and other expenses. The company incurred total expenses of $15.6 billion in 3Q17, compared with ...
Post Money Market Fund Reform, Stable Value Viewed as More Attractive
Posted on Dec 12, 2017 (4 days ago)
One year after the U.S. Securities and Exchange Commission’s money market fund reform rules went into effect, there has been meaningful movement away from money market funds as a capital preservation option in defined contribution plans, with just over half of plan sponsors now offering money market as a capital preservation option , down from 62% in 2015, according to MetLife’s 2017 Stable Value Study, ...