|Bid||43.95 x 4000|
|Ask||47.70 x 800|
|Day's Range||44.03 - 44.86|
|52 Week Range||43.09 - 55.91|
|PE Ratio (TTM)||11.01|
|Earnings Date||Aug 1, 2018|
|Forward Dividend & Yield||1.68 (3.84%)|
|1y Target Est||53.38|
A partnership between MetLife Foundation and Kiva, a global non-governmental organization, to support low-income entrepreneurs around the world saw thousands of employees from MetLife Asia directing micro loans worth USD 263,350. In some of the markets, the ‘Take Action’ campaign saw 100% participation from MetLife employees. MetLife Foundation made a contribution to Kiva to enable each MetLife employee to direct USD 25 to an entrepreneur who has no access to traditional financing to start, sustain and grow their businesses.
MetLife Investment Management, MetLife Inc.’s institutional asset management platform, and Northwestern Mutual have made a $450 million, 12-year fixed rate loan secured by Broadway Plaza, an open-air lifestyle retail center in Walnut Creek, California.
NEW ORLEANS , July 13, 2018 Former Attorney General of Louisiana , Charles C. Foti, Jr., Esq. , a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced ...
MetLife has announced Lucep as the winner of its collab 3.0 EMEA programme, which offered insurtech innovators the chance to win a USD $100,000 contract to pilot their solutions with MetLife. A record 148 start-ups from 32 countries applied for the programme, run by LumenLab, MetLife Asia’s Singapore-based innovation centre, designed to support them in scaling their business with MetLife while helping to solve some of the insurer’s biggest innovation challenges across its business in Europe, the Middle East, and Africa (EMEA). Prior to Demo Day, the eight finalists were invited to collab Summit EMEA which hosted industry experts, world-class entrepreneurs, and venture capitalists in Canary Wharf, London, with a series of keynote speeches plus panel discussions on ‘The Future Insurer’ and the ‘Innovation Ecosystem’.
Stock Research Monitor: MFC, AEG, and AEL LONDON, UK / ACCESSWIRE / July 11, 2018 / If you want a free Stock Review on MET sign up now at www.wallstequities.com/registration . On Tuesday, benchmark US ...
MetLife, Inc. today announced that Ed Spehar has been named executive vice president and treasurer, reporting to the chief financial officer. The appointment is effective Aug.
MetLife, Inc. (MET) today announced it has been named to the 2018 Disability Equality Index® “Best Places to Work” by the United States Business Leadership Network (USBLN) and the American Association of People with Disabilities (AAPD). This is the second time MetLife has been recognized for its efforts to ensure an inclusive workplace for people with disabilities. The Disability Equality Index (DEI®) is based on an annual national survey that scores businesses on their disability inclusion policies and practices.
MetLife, Inc. (MET) today announced that its board of directors has declared a third quarter 2018 common stock dividend of $0.42 per share. MetLife, Inc. (MET), through its subsidiaries and affiliates (“MetLife”), is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into MetLife Inc. (MET).
MetLife, Inc. (MET) today announced that it will hold its second quarter 2018 earnings conference call and audio webcast on Thursday, August 2, 2018, from 9-10 a.m. (ET). The call will follow MetLife’s issuance of its second quarter 2018 earnings news release and Second Quarter 2018 Financial Supplement on Wednesday, August 1, 2018, after the market closes. The news release and Second Quarter 2018 Financial Supplement will also be available on the MetLife Investor Relations web page at www.metlife.com.
A new complaint accuses MetLife of making misleading statements about its finances to investors based on its allegedly faulty assumption that the pensioners were dead and were no longer owed money.
Massachusetts Secretary of the Commonwealth William Galvin, the state's top securities regulator, charged MetLife following a probe that began after the insurer revealed in December it had failed to make payments to retirees. In an administrative complaint, Galvin's office accused MetLife of making misleading statements to investors regarding the sufficiency of the reserves it was required to maintain to meet its obligations to pensioners.
A Massachusetts regulator accused MetLife Inc. of defrauding investors by wrongfully releasing reserves to boost its bottom line instead of making pension payments to hundreds of retirees in that state. Massachusetts Secretary of the Commonwealth William Galvin claims MetLife’s public filings had “material misstatements” about the insurer’s finances because it didn’t properly administer those pension plans, according to an administrative complaint filed Monday. The regulator is seeking an order to force MetLife to locate all retirees in that state that are owed benefits, as well as possible sanctions, censure and fines.
MetLife Inc. (met) has been charged with fraud by the Commonwealth of Massachusetts for failing to make pension payments to retirees that were wrongly designated as "presumed dead." A complaint filed by Secretary of the Commonwealth William Galvin alleges that public filings from the company contained "material misstatements" about the company's finances, because it was not making the pension payments. "Under these pension plans, MetLife was responsible for reserving enough money to make payments to Massachusetts pensioners, whose average age was 72," Galvin said in a statement.
MetLife China and WeSure, digital insurance platform owned by Tencent, jointly launched an annual aviation accident insurance product, named “10-Million All Year Aviation Accident Insurance”. Consumers need to purchase this product only once a year to enjoy aviation accident insurance coverage all year round, making it easy and more convenient. While aviation accident insurance is important for business travellers, it is a complex process to select the product and complete the process each time one books a ticket.
MET operates in the insurance industry, which has characteristics that make it unique compared to other sectors. Understanding these differences is crucial when it comes to putting a value onRead More...
When considering valuation metrics, price-to-earnings ratio has always been the obvious choice as calculations based on earnings are easy and come in handy. While a loss-making company with a negative price-to-earnings ratio falls out of investor favor, price-to-sales could indicate the hidden strength of its business. A stock’s price-to-sales ratio reflects how much investors are paying for each dollar of revenues generated by the company.
Aegon (NYSE:AEG) is a survivor in the insurance business. AEG stock, which peaked at $60 in 1998, is down 90% from those levels twenty years later. Will Aegon finally be able to chart a new path to prosperity?
Zacks.com featured highlights include: Western Digital, Citizens Financial, Arrow Electronics, AerCap and MetLife
Berman Tabacco and Bailey & Glasser LLP, two of the leading law firms representing investors and consumers nationwide, have filed a class action lawsuit against MetLife, Inc. (MET) and certain of its affiliates (collectively, “MetLife” or the “Company”) on behalf of retirees who were allegedly unfairly denied timely payment of their pension benefits over the last 25 years. The suit, filed in the United States District Court for the Southern District of New York, alleges that MetLife has publicly acknowledged that it failed to keep track of pension annuity beneficiaries (“beneficiaries”), failed to contact them, and failed to pay them their benefits when due for as long as 25 years.
MetLife, Inc. (MET) today announced it has completed a debt-for-equity exchange with Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC under which it has received $943,638,000 aggregate principal amount of MetLife, Inc. debt held by those firms in exchange for its remaining 23,155,117 shares of common stock of Brighthouse Financial, Inc. (“Brighthouse”). MetLife will use the financial capacity created by extinguishing this debt to contribute toward its 2018 capital management plan, which calls for returning close to $5 billion to shareholders.
Value style is considered one of the best practices when it comes to picking stocks. It is net cash flow that unveils how much money a company is actually generating and how effectively management is deploying the same.
MetLife, Inc. (MET) today announced its impact investment portfolio grew to $50 billion in 2017, an increase of 12 percent year-over-year from 2016 to 2017, and MetLife Foundation reached more than six million low-income individuals through the fourth year of its five year, $200 million dollar commitment to financial inclusion. Those are just two of the ways MetLife and MetLife Foundation are making an impact on society, as outlined in the company’s latest corporate responsibility report. Released today, Global Impact, the company’s annual corporate responsibility report, highlights how MetLife manages Environmental, Social and Governance (ESG) issues and makes a positive impact on society and the economy.
Cogito is one of several companies developing analytics tools that give agents feedback about how conversations with customers are going. Its software measures in real time the tone of an agent’s voice, their speech rate, and how much each person is talking, according to Dr. Place. The alerts are useful not just for the agents, but also for their supervisors, Cogito says.