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Finalists chosen to build Falcons stadium

Mon, 20 May 2013 13:23:51 -0400

San Francisco 49ers Sign Naming Rights Agreement for New Stadium

Thu, 09 May 2013 08:45:53 -0400

According to the Associated Press, on Wednesday, the future home of the San Francisco 49ers received its name: Levi’s Stadium.

49ers CEO Jed York and Levi’s CEO Chip Bergh announced the $220 million, 20 year naming rights deal for the new $1.2 billion stadium that will be located 45

As MetLife finalizes Cary location, firm expands in Raleigh

Wed, 08 May 2013 09:12:57 -0400

The promise of better data has MetLife investing $300M in new tech

Tue, 07 May 2013 10:00:31 -0400

MetLife is building new products on new technologies thanks to a $300 million investment in new technology and new skills. One of the first products is a MongoDB-based app that puts all of customers' information in one place.

Here we go again: The latest federal leasing controversy

Tue, 30 Apr 2013 11:16:42 -0400

Earnings Expectations for the Week of April 29

Sun, 28 Apr 2013 17:31:00 -0400

First-quarter results from General Motors (NYSE: GM) will be one of the highlights on the earnings front this week.

Analysts anticipate that the carmaker will say Thursday its revenue slipped about three percent from a year ago to $36.60 billion, but that earnings fell from $0.93 per share

5 Companies Set to Cash In on America's Aging Population

Thu, 04 Apr 2013 01:00:00 -0400

DailyFinance.com: Getty Images Let's face it: We're getting old. The percentage of Americans age 65 or older has been steadily on the rise over the decade. It hit 14 percent in 2012 -- and the Census Bureau projects that by 2050, 21 percent of Americans will be at ... Read more

Why Long-Term-Care Insurance Premiums Are Soaring

Thu, 04 Apr 2013 01:00:00 -0400

DailyFinance.com: Alamy With nearly 70 percent of Americans aged 65 or older expected to need long-term medical care at some point, millions of Americans have turned to long-term-care insurance to help them cover its high costs. But rate hikes on long-term-care ... Read more

Four Other Stocks to Ride the Housing Recovery (GNW, MHK, SWK, TWC)

Tue, 26 Mar 2013 12:29:50 -0400

It is clear that as the housing market recovers, the home builder stocks, and even the big-box home improvement retailers Home Depot (NYSE: HD) and Lowe's Companies (NYSE: LOW), have benefited from the boom.

But in a research report released Tuesday, UBS (NYSE: UBS) analysts

Metife CEO Critical of Fed’s Low Interest Rate Policy and its Effect on Savers (MET)

Mon, 25 Mar 2013 09:05:07 -0400

The CEO of Metlife Inc (MET), the United States’ largest life insurer, Steven Kandarian said in his annual letter to shareholders on Friday that he believes the Federal Reserve’s low interest rate policy is inflicting harm on savers, and thus Metlife customers. Federal Reserve chairman Ben Bernanke has kept interest rate near zero since 2008 [...]

MetLife Q4 Profits Slides on Derivative Losses; Operating Profit Beats Views (MET)

Thu, 14 Feb 2013 08:58:30 -0500

U.S. insurance company MetLife Inc (MET) reported late Wednesday a sharp decline to its fourth quarter profits mainly due to big losses from derivatives. But, adjusted operating income and revenue both rose, topping Wall Street expectations. The New York-based company posted a steep drop in fourth quarter net income, coming in at $96 million, or [...]

Earnings Expectations for the Week of February 11

Sun, 10 Feb 2013 17:48:12 -0500

Quarterly reports from General Motors (NYSE: GM) and Deere (NYSE: DE) will be among the highlights on the earnings front this week. The consensus forecast for the former calls for fourth-quarter earnings per share (EPS) to be more than 23 percent higher than a year ago

Credit Suisse Adds Metlife to Focus List (MET)

Tue, 08 Jan 2013 09:34:52 -0500

Credit Suisse reported on Tuesday that they have added insurance company, Metlife Inc(MET) to their US Focus List. The firm has added MET to their US Focus List. Analysts believe that the stock is currently at its worst case scenario for the year, and is expected to improve. Metlife shares were mostly flat during premarket [...]

Unclaimed Property: Is Missing Money Looking for You?

Tue, 08 Jan 2013 01:00:00 -0500

DailyFinance.com: One morning in November, Daniel DeMeuse magically awoke $28,000 richer. The 54-year-old unemployed studio artist from Sturgeon Bay, Wis., had been left money in a dear friend's estate 10 years earlier, but because of the slow probate of the will, ... Read more

GE, MetLife and Union Bank to Invest $247 Million in Kansas Wind Farm

Thu, 20 Dec 2012 05:00:00 -0500

JPMorgan Reports Plan to Purchase Mortgage Servicing Portfolio from Metlife (JPM,MET)

Mon, 05 Nov 2012 08:30:42 -0500

Insurance provider, Metlife Incp(MET) announced on Friday that it plans to sells its mortgage servicing portfolio to financial services company, JPMorgan Chase(JPM). Metlife has reported that they plan to focus on their insurance business, and no longer thinks that offering mortgage services is beneficial to the company. MET’s entire banking sector accounts for only 2 [...]

Metlife Swings to $954 Billion Q3 Loss on Charges; Adjusted Net Beats, but Revenue Misses (MET)

Thu, 01 Nov 2012 08:01:02 -0400

Insurance giant Metlife Inc. (MET) late Wednesday said it swung to a massive third quarter loss, hurt by special charges, although its adjusted profit beat expectations. The New York-based company reported a third quarter net loss of $954 million, or -92 cents per share, compared with a profit of $3.46 billion, or $3.21 per share, [...]

Metlife Still “Overweight” at Barclays; Not Worried about Delayed Bank Sale Approval (MET)

Fri, 14 Sep 2012 08:46:30 -0400

Insurance giant Metlife Inc. (MET) on Friday received some continued bullish commentary from analysts at Barclays Capital. The firm reiterated its “Overweight” rating on MET as well as its $42 price target, which suggests an 18% upside to the stock’s Thursday closing price of $35.46. A Barclays analyst commented, “MET did not receive FDIC approval [...]

Is Money Looking for You? Life Insurers Start to Seek Out Missing Beneficiaries

Sat, 18 Aug 2012 02:00:00 -0400

DailyFinance.com: Years ago, Valerie Jundt's brother told her that his employer, Amoco, was offering him a life insurance policy at a reduced premium. Just 25 and single, and with nary a thought he wouldn't outlive his parents, he named his sister as the policy's ... Read more

Metlife’s Q2 Earnings Rise; Profit Beats, but Revenue Misses (MET)

Wed, 01 Aug 2012 16:35:21 -0400

Insurance provider Metlife Inc. (MET) late Wednesday posted mixed second quarter earnings results. The New York-based company reported second quarter net income of $2.26 billion, or $2.12 per share, compared with $1.07 billion, or $1 per share, in the year-ago period. On an operating basis, earnings were $1.33 per share. Revenue rose less than 1% [...]

UBS Starts Coverage on Metlife as a “Buy”; Sees 39% Upside (MET)

Wed, 18 Jul 2012 09:56:48 -0400

Insurance giant Metlife Inc. (MET) on Wednesday caught some bullish commentary from analysts at UBS. The firm initiated coverage on MET with a “Buy” rating and $43 price target, suggesting a massive 39% upside to the stock’s Tuesday closing price of $30.84. UBS noted the company has attractive global growth opportunities through its Alico life [...]

Teaching Doctors to Diagnose a Grandma Money Scam

Mon, 18 Jun 2012 12:05:00 -0400

DailyFinance.com: It's sad to say, but the elderly are easy prey -- especially for financial scammers. The elderly often have more assets to attract the attention of those looking for victims. And as people get older, many become a little less sharp, and sometimes ... Read more

Metlife Swings to Q1 Loss; Adjusted Net Beats View (MET)

Thu, 26 Apr 2012 16:49:08 -0400

Insurance provider Metlife Inc. (MET) on Thursday said it swung to a first quarter loss due to one-time charges, but adjusted results beat Wall Street’s expectations. The New York-based company reported a first quarter net loss of $174 million, or -16 cents per share, compared with a net profit of $701 million, or 66 cents [...]

Market Futures Flat After Banner Day, Some Banks Trading Lower

Wed, 14 Mar 2012 09:06:14 -0400

Stock futures were little changed the day after market indices moved into record territory and the VIX, the market’s gauge of investor fear, marked lows that can precede a correction. Futures on the Dow Jones Industrial Average were flat at around 13,110. Futures on the Standard & Poor’s 500 Index, whose close Tuesday at 1,395.95 [...]

Metlife Added to Bank of America/Merrill Lynch’s “US 1? List (MET)

Mon, 05 Mar 2012 09:04:06 -0500

Insurance giant Metlife Inc. (MET) caught some further bullish commentary from analysts at Bank of America/Merrill Lynch on Monday. The firm said it added MET to its prestigious “US 1″ List with a $56 price target, suggesting a massive 46% upside to the stock’s Friday closing price of $38.46. Bank of America/Merrill Lynch noted it [...]

MetLife Marks Japan Festival

Sat, 25 Feb 2012 09:12:52 -0500

MetLife (NYSE:MLG) has joined the 2012 National Cherry Blossom Festival in Japan. MetLife Marks Japan Festival MetLife (NYSE:MLG) is joining the National Cherry Blossom Festival as a Leadership Circle member of the Centennial Host Committee. MetLife (NYSE:MLG) is also the exclusive insurance sponsor of the Festival and a presenting sponsor of the Opening Ceremony. William [...]

Metlife Q4 Profit Beats, but Revenue Misses (MET)

Wed, 15 Feb 2012 08:38:54 -0500

Insurance giant Metlife Inc. (MET) late Tuesday posted a higher-than-expected quarterly profit, driven by higher premium and fee revenue, although its revenue totals fell shy of Wall Street’s view. The New York-based company reported fourth quarter net income of $1.13 billion, or $1.06 per share, compared with just $51 million, or 5 cents per share, [...]

MetLife (NYSE:MLG) Makes Sale To Everbank

Sat, 11 Feb 2012 09:30:31 -0500

MetLife (NYSE:MLG) bank’s Warehouse Finance Business has been acquired by Everbank. MetLife (NYSE:MLG) Makes Sale To Everbank EverBank has reached an agreement to acquire MetLife (NYSE:MLG) Bank’s Warehouse Finance business. The financial terms of the transaction have not been disclosed. Rob Clements, Chairman and CEO of EverBank, said that, “We’ve been interested in entering the [...]

MetLife (NYSE:MLG) Buying Life Insurance Units

Tue, 31 Jan 2012 09:20:44 -0500

MetLife (NYSE:MLG) has purchased three Eastern European life insurance units from Aviva. MetLife (NYSE:MLG) Buying Life Insurance Units MetLife (NYSE:MLG) has decided to acquire UK-based Aviva’s three Eastern European life insurance divisions as part of its plans to increase its market position. Michel Khalaf, MetLife president for the Europe, Middle East and Africa region, said [...]

MetLife (NYSE:MLG) Makes New Hire

Sun, 22 Jan 2012 09:43:06 -0500

MetLife (NYSE:MLG) has hired an employee benefits director. MetLife (NYSE:MLG) Makes New Hire MetLife (NYSE:MLG) has hired Stephanie Baillie as its employee benefits director, charged with leading the development of the firm’s UK employee benefits business. On top of this responsibility, the new director will help its sales support team to increase the group’s focus [...]

MetLife (NYSE:MLG) To Front £85m Fund

Mon, 16 Jan 2012 09:20:09 -0500

MetLife (NYSE:MLG) has offered a new £85m loan to the West-end office fund. MetLife (NYSE:MLG) To Front £85m Fund Investment company MetLife (NYSE:MLG) has provided a new £85m loan to the West-end office fund. The company has been active in the UK for more than 10 years. Paul Wilson, regional director for MetLife Investments, said [...]

MetLife Upgraded to “Buy” at Goldman Sachs (MET)

Mon, 09 Jan 2012 09:09:40 -0500

Insurance giant MetLife, Inc. (MET) on Monday caught a big upgrade to analysts at Goldman Sachs. The firm said it boosted its rating on MET from “Neutral” to “Buy,” noting the company is focused on generating growth in the global arena. Analyst Christopher Giovanni made the move following the company’s business review, applauding MET’s goal [...]

MetLife (NYSE:MLG) Gives $1m Grant

Sun, 11 Dec 2011 09:05:27 -0500

MetLife (NYSE:MLG) has donated $1 million to Alzheimer’s research. MetLife (NYSE:MLG) Gives $1m Grant MetLife (NYSE:MLG) has donated $1 million to Alzheimer’s research by saving memories, an interactive practice featuring actual stories from people lost to Alzheimer’s disease. Dennis White, president and CEO of MetLife Foundation, said that, “MetLife Foundation has been supporting medical research [...]

MetLife Issues Q4 and Full-Year Guidance; Shares Rise (MET)

Mon, 05 Dec 2011 08:43:05 -0500

Insurance giant MetLife, Inc. (MET) on Monday announced a tepid fourth quarter forecast but in-line 2012 guidance, sending its shares higher in premarket trading Monday. The New York-based company said it expects to earn between $1.16 and $1.26 per share in the current fourth quarter, while Wall Street analysts, on average, are looking for $1.28 [...]

MetLife (NYSE:MLG) Launching New Employer Program

Sun, 20 Nov 2011 10:12:19 -0500

MetLife (NYSE:MLG) has launched a new enrollment program for employers. MetLife (NYSE:MLG) Launching New Employer Program MetLife (NYSE:MLG) has launched a fresh multi-product, multi-channel employment program designed for employers with 50 to 1,000 employees. The new program helps to reduce paperwork and transports actionable reporting facilities. In an official statement of MetLife (NYSE:MLG), said that, [...]

MetLife (NYSE:MLG) Sells Half Of Plaza

Thu, 10 Nov 2011 09:38:36 -0500

MetLife (NYSE:MLG) has sold a 50 percent share of Wells Fargo Plaza. MetLife (NYSE:MLG) Sells Half Of Plaza It has been reported that New York-based insurance company, MetLife (NYSE:MLG), has sold a 50 percent share of Wells Fargo Plaza, and the company will keep the other 50 percent share of the building and asset management [...]

MetLife (NYSE:MLG) Gives $500k Health Grant

Wed, 02 Nov 2011 10:55:58 -0400

MetLife (NYSE:MLG) has awarded $500,000 grant to a children’s health fund to support oral health for kids. MetLife (NYSE:MLG) Gives $500k Health Grant The MetLife (NYSE:MLG) foundation has provided $500,000 grant to help support the oral health care for low-income and homeless children and families primarily via mobile dental clinics in New York City, Los [...]

MetLife (NYSE:MLG) Stumps Up $725m Loan

Tue, 01 Nov 2011 09:26:47 -0400

MetLife (NYSE:MLG) has provided $725m in financing for the Bertelsmann building, 601 Lexington. MetLife (NYSE:MLG) Stumps Up $725m Loan MetLife (NYSE:MLG) has provided a $350 million, five-year, fixed-rate mortgage for a joint venture between affiliates of Edge Fund Advisors and HSBC alternative investment at the Bertelsmann building at 1540 Broadway through its real estate investments [...]

Derivative Gains Propel MetLife’s Q3 Profit (MET)

Fri, 28 Oct 2011 08:38:46 -0400

Insurance giant MetLife, Inc. (MET) late Thursday posted a sharp uptick in third quarter earnings, led by massive one-time derivative gains, as adjusted results beat analyst expectations. The New York-based company reported third quarter net income of $3.58 billion, or $3.33 per share, compared with $316 million, or 32 cents per share, in the year-ago [...]

5 Things To Watch Next Week: Tablets, iPhones, Talking Ducks and Visa

Fri, 21 Oct 2011 12:55:00 -0400

DailyFinance.com: There's never a dull moment on Wall Street, especially when new tablets and old banks are in the way. Let's go over some of the items that will help shape the week ahead once Monday rolls around. 1. Kindle Fires are burning: Amazon.com (AMZN) is now ... Read more

MetLife’s Estimates Cut at Morgan Stanley on Interest Rate Concerns (MET)

Wed, 12 Oct 2011 08:56:03 -0400

Insurance giant MetLife, Inc. (MET) on Wednesday saw its earnings estimates lowered by analysts at Morgan Stanley. The firm maintained its “Overweight” rating on MET but cut its estimates through 2012, citing an industry slowdown amid abysmally-low interest rates and the potential for falling stock prices. MetLife shares, which have fallen more than 31% year-to-date, [...]

MetLife (NYSE:MLG) Releases Annuity Details

Mon, 12 Sep 2011 09:50:58 -0400

MetLife (NYSE:MLG) has released the details of its new fixed-term income annuity. MetLife (NYSE:MLG) Releases Annuity Details In order to replace the Living Time product it has been distributing, the US based insurance giant MetLife (NYSE:MLG) is launching a new fixed-term annuity called Freedom Income Plan. Dominic Grinstead, Metliife (NYSE:MLG) Europe UK managing director said, [...]

Top real estate investment trusts (REITs) Stocks that could double in 2 years- RAS, FCH, SHO, AHT, STWD, PEB (09/09/2011)

Fri, 09 Sep 2011 04:42:45 -0400

Ashford Hospitality Trust (AHT), a self-administered real estate investment trust (REIT) focused on investing in the hospitality industry is now trading around $7.48 in a range approximately between $6.80 to $14.32 in the last 52 weeks. The company stock had 50-day moving average is $9.91 and the...

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MetLife Shares Rise as Q2 Earnings Beat Expectations (MET)

Fri, 29 Jul 2011 08:44:13 -0400

Insurance provider MetLife, Inc. (MET) late Thursday said its second quarter profit fell nearly 21% from last year on lower derivative gains, but results still beat analyst estimates. The New York-based company reported second quarter net income of $1.21 billion, or $1.13 per share, compared with $1.53 billion, or $1.84 per share, in the year-ago [...]

MetLife Sells its Banking Unit to Avoid Strict New Fed Regulations

Wed, 27 Jul 2011 07:00:00 -0400

DailyFinance.com: In order to avoid new federal rules and heightened scrutiny from the Federal Reserve and other regulators as a "systemically important financial institution," MetLife has decided to sell its banking unit. MetLife (MET) is the largest life insurer in ... Read more

Earnings Expectations for the Week of July 25

Sun, 24 Jul 2011 09:40:12 -0400

The earnings crunch continues this week even as the month of July winds to a close.

MetLife (NYSE:MLG) Foundation Gives Big Grant

Thu, 21 Jul 2011 10:07:18 -0400

MetLife (NYSE:MLG) Foundation has awarded a $500,000 grant to the Learning Forward organization. MetLife (NYSE:MLG) Foundation Gives Big Grant In order to disseminate and implement its newly revised Standards for Professional Learning, the MetLife (NYSE:MLG) Foundation has provided $500,000 grant for Learning Forward. Dennis White, president and CEO of MetLife (NYSE:MLG) Foundation said, “We believe [...]

MetLife (NYSE:MLG) Gives Boys & Girls Club Donation

Wed, 20 Jul 2011 11:30:46 -0400

MetLife (NYSE:MLG) has awarded $5,000 to the Boys & Girls Club of Henderson County. MetLife (NYSE:MLG) Gives Boys & Girls Club Donation The philanthropic arm of the US based insurance company MetLife (NYSE:MLG) has provided $5,000 for the Boys & Girls Club of Henderson County in recognition of its innovative and effective programming. Dennis White, [...]

MetLife (NYSE:MLG) Working On Polio Campaign

Tue, 05 Jul 2011 14:08:40 -0400

MetLife (NYSE:MLG) has partnered with India Unite for a polio eradication awareness campaign in India. MetLife (NYSE:MLG) Working On Polio Campaign The Indian subsidiary of the US based MetLife (NYSE:MLG) has partnered with India Unite to support the End Polio Now (IUEPN) campaign in India, aimed at eradicating polio from the country. Rajesh Relan, managing [...]

MetLife (NYSE:MLG) Rubber Stamps Policy Payments

Wed, 08 Jun 2011 09:50:20 -0400

MetLife (NYSE:MLG)’s life insurance subsidiaries have approved policy dividend payments to policyholders. MetLife (NYSE:MLG) Rubber Stamps Policy Payments According to an announcement made by the company, three of its life insurance subsidiaries, Metropolitan Life Insurance Company, New England Life Insurance Company and General American Life Insurance Company have approved an aggregate payment amount of approximately [...]