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INX:MET, Jan 21, 04:53 UTC

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Thursday, January 17


News

Twitter (NYSE:TWTR) Upgraded to Buy by Bank of America – Fairfield Current

MET BAC +1 more MET BAC TWTR

Two investment analysts have rated the stock with a sell rating, eighteen have assigned a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the stock. The firm has a market capitalization of $25.14 billion, a price-to-earnings ratio of 541.17, a price-to-earnings-growth ratio of 2.90 and a beta of 0.24. Dimensional Fund Advisors LP now owns 1,956,931 shares of the social networking company’s stock valued at $85,476,000 after buying an additional 243,976 shares during the period. Baird Financial Group Inc. bought a new stake in shares of Twitter during the second quarter valued at approximately $259,000.

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Wednesday, January 16


News

Calling All Startups for the MetLife Digital Accelerator Powered by Techstars

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MetLife, Inc. (MET) announced that applications are now open for the second MetLife Digital Accelerator powered by Techstars. The MetLife Digital Accelerator identifies and mentors startups around the globe that are developing transformational capabilities and potentially industry-disrupting technologies in the insurance space. MetLife’s first Digital Accelerator in partnership with Techstars concluded in October of last year, and MetLife is now pursuing pilots with nine of the 10 companies, with five tests already in flight. “The MetLife Digital Accelerator powered by Techstars provides entrepreneurs access to MetLife’s 150 years of deep experience in a highly complicated and regulated industry, and it provides access to 10,000 Techstars mentors who have built and scaled successful businesses,” said Andrew Bate, Co-founder & CEO of Safely and a 2018 Digital Accelerator participant.

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News

MetLife Names Darla Finchum Head of MetLife Auto & Home®

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Finchum, who has been serving in this role on an interim basis since August, 2018, will be responsible for driving smart growth and sound management of the company’s personal and small commercial lines as well as transforming the business to meet the needs of today’s technology-focused consumers. Prior to taking on the interim leadership role, Finchum served as Chief Claims Officer for MetLife Auto & Home, where she was responsible for the claim quality, efficiency and customer experience for $2 Billion of indemnity spend annually. She joined MetLife in 2000 through the acquisition of the St. Paul Companies personal lines business and has held multiple roles of increasing seniority in the claims organization. MetLife Auto & Home® is a brand of Metropolitan Property and Casualty Insurance Company and its affiliates: Economy Preferred Insurance Company, Metropolitan Casualty Insurance Company, Metropolitan Direct Property and Casualty Insurance Company, Metropolitan General Insurance Company, Metropolitan Group Property and Casualty Insurance Company and Metropolitan Lloyds Insurance Company of Texas, all with administrative home offices in Warwick, RI.

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Monday, January 14


News

Are Investors Undervaluing MetLife (MET) Right Now?

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ZacksJanuary 14, 2019, 2:10 PM GMT. While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. Some people prefer this metric because sales are harder to manipulate on an income statement.

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Friday, January 11


News

MetLife (MET) Gains As Market Dips: What You Should Know

MET

MetLife (MET) closed the most recent trading day at $43.72, moving +0.81% from the previous trading session. MET will be looking to display strength as it nears its next earnings release, which is expected to be February 12, 2019. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988.

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Thursday, January 10


News

MetLife to Hold Conference Call for Fourth Quarter and Full Year 2018 Results

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Those who want to listen to the call via telephone or the internet should dial in or go to the website at least 15 minutes prior to the call to register, and/or download and install any necessary audio software. 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. For more information, visit www.metlife.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20190110005654/en/.

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Why MetLife (MET) is Worth Adding to Your Portfolio Now

MET

It seems to be a wise decision to add MetLife, Inc. MET stock to your portfolio now, given the company’s efforts to improve efficiency and enhance profitability through operational excellence initiatives and business streamlining. Strong Outlook For 2019: The company targets an ROE of 12% to 14% for 2019, to be achieved by business growth and expense control. In International business, Asia should see mid-single-digits growth in operating PFO and high single-digits growth in earnings on a constant currency basis. For Latam, MetLife is looking for mid-single-digit operating PFO growth and high-single to low-double-digit growth in earnings on a constant currency basis. For EMEA, the company expects mid-single-digit PFO growth and roughly flat adjusted earnings in 2019 on a constant currency basis. For MetLife Holdings, operating PFO is expected to decline 5%, while operating earnings is expected to be $1.0-1.2 billion. Business Streamlining: MetLife has divested a number of its business lines in order to focus on high-growth, core and low-risk businesses. Some of the recent sales were that of the UK Wealth Management business, which was suffering from low interest rates; and MetLife Afore, S.A. de C.V., a pension fund management business in Mexico.

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Tuesday, January 08


News

MetLife names Khalaf CEO, Kandarian to retire

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(Reuters) - MetLife Inc (MET.N) on Tuesday named insider Michel Khalaf as its new chief executive officer to succeed Steven Kandarian, who held the position for eight years and helped the company ride through intense regulatory oversight in the wake of the financial crisis. Khalaf, who headed the company's U.S. and EMEA business, will move into the new role on May 1 after Kandarian retires, MetLife said in a statement. The new CEO takes over at a time when insurers are bracing for elevated payouts to owners of long-term care policies, which cover expenses like assisted living for infirmed and elderly customers, forcing them to boost reserves. Under Kandarian's leadership, MetLife spun off its longtime business that sold individual life insurance into a new company called Brighthouse Financial (BHF.O) in 2017.

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MetLife CEO Kandarian to retire after 8 years in the role

MET

MetLife Inc. said Tuesday Chief Executive Steven Kandarian will retire, on April 30, after eight years in the role and 14 years with the company. The insurer said it named Michel Khalaf, currently president of U.S. Business and EMEA, as its CEO, effective May 1. MetLife's stock was still inactive in premarket trade. Since May 1, 2011, when Kandarian became CEO, through Monday, MetLife's stock has gained 2.0%, while the SPDR S&P Insurance ETF has climbed 89% and the S&P 500 has rallied 87%.

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News

MetLife names Michel Khalaf as chief executive officer

MET

MetLife names Michel Khalaf as chief executive officer. ReutersJanuary 8, 2019, 1:11 PM GMT. Jan 8 (Reuters) - U.S. insurance company MetLife Inc on Tuesday named Michel Khalaf, the head of its U.S. and EMEA business, as its new chief executive officer, succeeding Steven Kandarian. Khalaf will assume his new position on May 1, MetLife said in a press release http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20190108:nBw1XnRx6a. (Reporting By Aparajita Saxena in Bengaluru; Editing by James Emmanuel). What to read next.

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