|Bid||0.00 x 1100|
|Ask||51.30 x 1400|
|Day's Range||49.15 - 49.49|
|52 Week Range||37.76 - 51.16|
|Beta (3Y Monthly)||1.14|
|PE Ratio (TTM)||6.59|
|Earnings Date||Feb 4, 2020 - Feb 10, 2020|
|Forward Dividend & Yield||1.76 (3.55%)|
|1y Target Est||53.87|
New York Life Insurance Co. is negotiating with Cigna Corp. to buy a unit that sells non-medical insurance products to employers in a deal that could be worth as much as $6 billion.
MetLife was named Life Insurance Company of the Year at the 2019 Middle East Insurance Industry Awards, organized by Middle East Insurance Review
On CNBC's "Fast Money Halftime Report," Pete Najarian spoke about high call options activity in L Brands Inc (NYSE: LB ). He explained that around 11,000 contracts of the December $20 calls were ...
PetFirst currently employees about 60 people in its Jeffersonville offices. All of these employees are expected to continue in their current or similar positions, according to a news release.
MetLife, Inc. (NYSE: MET) ("MetLife"), and PetFirst Healthcare, LLC ("PetFirst"), a fast-growing pet health insurance administrator, today announced they have entered into a definitive agreement under which MetLife will acquire PetFirst.
U.S. life insurer MetLife Inc said on Thursday it would acquire privately-held pet health insurance company PetFirst, in a bid to diversify its product offerings and capitalize on a growing market opportunity. The companies did not disclose financial terms of the deal, but said it was expected to close in the first quarter of next year. MetLife said in a statement that the pet insurance market is "under-penetrated and fast-growing", noting that the annual growth rate for the industry has been more than 20% since 2014.
Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Our research shows that most of the stocks that smart money likes historically generate strong […]
(Bloomberg) -- Assicurazioni Generali SpA’s talks over the purchase of MetLife Inc.’s European assets have stalled over price, people with knowledge of the matter said.The Italian insurer was preparing to make a formal offer for most of the U.S. company’s business in the region by the end of the year but talks hit a snag because the likely offer was far lower than MetLife expected, the people said, asking not to be identified because the information is private.Spokesmen for Generali and MetLife declined to comment.Talks between the two companies began earlier in the year and reached a stage where Generali was working on presenting a formal bid in 2019, Bloomberg reported. The businesses, concentrated in Poland, the Czech Republic, Hungary and Romania, may be worth more than 2 billion euros ($2.24 billion), people familiar with the matter have said.Expansion is one of the pillars of Chief Executive Officer Philippe Donnet’s strategy as deals reshape the insurance industry. Generali has said that it’s willing to consider acquisitions to enter new countries as one of the top-five players in that market and had signaled that it was interested in pursuing opportunities in central and eastern Europe.(Adds MetLife’s decline to comment in third paragraph.)\--With assistance from Lananh Nguyen.To contact the reporters on this story: Dinesh Nair in London at email@example.com;Sonia Sirletti in Milan at firstname.lastname@example.orgTo contact the editors responsible for this story: Dale Crofts at email@example.com, Michael J. Moore, Dan ReichlFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Italian insurer Assicurazioni Generali has held talks with U.S. rival MetLife Inc to buy the bulk of its European assets but discussions have stalled due to differences over price, four sources told Reuters. Generali, which ranks as Europe's third biggest insurer, first approached MetLife earlier this year offering to take on most of its underperforming European business whose adjusted earnings slipped 4% in the third quarter, the sources said. Representatives at Generali and MetLife declined to comment.
Today we'll take a closer look at MetLife, Inc. (NYSE:MET) from a dividend investor's perspective. Owning a strong...
(Bloomberg) -- Assicurazioni Generali SpA is preparing to make a formal bid for the European assets of MetLife Inc. following months of talks, people with knowledge of the matter said.The Italian insurer has been finishing due diligence and aims to make an offer for most of MetLife’s business on the continent by the end of the year, according to the people. A deal could be valued at about 3 billion euros ($3.3 billion), one of the people said, asking not to be identified because the information is private.No final agreements have been reached, and discussions could still fail to produce a result. Representatives for Generali and MetLife declined to comment.“External growth in central and eastern Europe makes perfect sense, as the region is the jewel in Generali’s crown,” said Gianluca Ferrari an analyst at Mediobanca SpA. “We believe Generali has plenty of internal resources to finance a potential deal of this magnitude.”Bloomberg reported earlier this year that Generali was in early stage talks to buy the central and eastern European assets of MetLife for more than 2 billion euros as part of its plans to expand through acquisitions.Expansion is one of the pillars of Chief Executive Officer Philippe Donnet’s strategy as dealmaking reshapes the insurance industry.Poland is one of MetLife’s largest operations in the Europe, Middle East and Africa region, according to a company filing. In 2012, MetLife agreed to buy life insurance businesses from Aviva Plc in the Czech Republic and Hungary, as well as Aviva’s life insurance and pension operations in Romania.Generali rose 0.5% to 18.75 euros in Milan trading as of 9:27 a.m., giving the insurer a market value of 29.4 billion euros.(Updates with analyst comment in fourth paragraph, shares in last.)\--With assistance from Lananh Nguyen.To contact the reporter on this story: Sonia Sirletti in Milan at firstname.lastname@example.orgTo contact the editors responsible for this story: Dale Crofts at email@example.com, Ross LarsenFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
For the eighth year in a row, MetLife has received the HACR Award for Corporate Inclusion. MetLife, Inc., today announced that, for the eighth year in a row, it has received the HACR Award for Corporate Inclusion, in recognition of its success in promoting Hispanic inclusion. “As a purpose-driven company, MetLife is committed to building a culture of inclusion where everyone feels valued and can engage in meaningful work that makes a difference,” said Dr. Cindy Pace, MetLife’s global chief diversity and inclusion officer.
MetLife, Inc. (MET) today announced an expansion of its benefits offerings in the U.S. to include Health Savings & Spending Accounts. MetLife’s new suite of products will be available across the U.S. for 1/1/2021 plan effective dates. “We are continuously looking for ways to meet the evolving needs of our customers as they look to provide their employees with greater flexibility, personalization and choice,” said Todd Katz, executive vice president, Group Benefits at MetLife.
U.S. insurer MetLife Inc said on Wednesday it would buy Bequest Inc, which helps customers draw up legally valid wills and estate planning documents online, for an undisclosed amount. Bequest, which does business as Willing, will continue to offer its services to consumers online after the deal, and the companies plan to extend the services to MetLife's customers.
This transaction brings new digital capabilities to MetLife and reinforces the company’s commitment to providing simple and easy-to-use benefits that respond to consumer needs. Willing makes it easy to create a quality estate plan in as little as 15 minutes from anywhere. Since its inception in 2015, Willing has helped more than half a million families create important legal documents such as wills, trusts, and powers of attorney.
MetLife Inc., (MET) announced the official inauguration event of its new Asia Center of Excellence (CoE). The event took place yesterday at The Vertical in Bangsar South commercial district in Kuala Lumpur and was attended by the Minister of International Trade and Industry, YB Datuk Darell Leiking, the U.S. Ambassador to Malaysia, Kamala Shirin Lakhdhir and the Acting Chief Executive Officer of InvestKL Muhammad Azmi Zulkifli along with government officials and members of MetLife’s Asia senior management team.
Cyclical stocks have been market leaders in recent months, and seem poised for more outperformance in 2020, Goldman Sachs says.
MetLife, Inc. today announced that it will hold an investor conference in New York City on Thursday, Dec. 12, 2019, from 8:00 a.m. to 12:30 p.m. . Presenters will include members of MetLife's senior management team.
MetLife Inc was sued for gender discrimination on Wednesday by a female former senior vice president who said she was underpaid, called a "bitch" and told she had to "choose between being pretty and being smart" while working at the insurance company. Mona Moazzaz, who served as chief administrative officer in MetLife's global technology and operations department, said in a lawsuit filed in federal court in Manhattan that she was retaliated against and ultimately fired in May after authoring a document calling attention a lack of diversity at the company and other issues. "We believe the allegations are without merit and plan to defend this matter vigorously," MetLife spokesman Randy Clerihue said in an email.