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Metlife Inc (MET.N)

MET.N on New York Stock Exchange

54.06USD
18 Jan 2017
Change (% chg)

$0.51 (+0.95%)
Prev Close
$53.55
Open
$53.76
Day's High
$54.08
Day's Low
$53.06
Volume
1,131,313
Avg. Vol
1,780,943
52-wk High
$58.09
52-wk Low
$35.00

Latest Key Developments (Source: Significant Developments)

Metlife Inc says co and unit entered into second amendment to a $4 billion five-year credit agreement dated May 30, 2014 - SEC filing
Wednesday, 21 Dec 2016 06:21am EST 

Metlife Inc : Metlife Inc says co and unit entered into second amendment to a $4 billion five-year credit agreement dated May 30, 2014 - SEC filing . Metlife Inc says amendment provides, 2014 credit agreement will be amended and restated upon completion of separation of brighthouse financial segment . Metlife Inc says all borrowings under amended and restated credit agreement must be repaid by December 20, 2021 .Metlife Inc says amended, restated credit agreement provide for borrowings or issuance of letters of credit up to $3 billion committed by lenders party thereto.  Full Article

MetLife's Japan unit offers early retirement amid streamlining - Nikkei
Monday, 26 Sep 2016 01:31pm EDT 

Nikkei: Metlife's Japanese arm will give voluntary early retirement packages to staff beginning next month - Nikkei .Metlife will consolidate its seven Tokyo offices into two locations next year - Nikkei.  Full Article

S&P announces various Metlife Group rating actions post-reorganization
Friday, 5 Aug 2016 02:19pm EDT 

S&P On Metlife: Various Metlife Group rating actions post-reorganization; outlook on separating companies revised to negative .Revised outlook on to-be-separated operating entities to negative; outlook on other remaining Met Group entities remains stable.  Full Article

Metlife posts Q2 operating earnings per share $0.83
Wednesday, 3 Aug 2016 04:15pm EDT 

Metlife Inc : Metlife announces second quarter 2016 results . Q2 GAAP earnings per share $0.06 . Q2 earnings per share view $1.35 -- Thomson Reuters I/B/E/S . Q2 operating earnings per share $0.83 . As a result of review, metlife recorded a non-cash charge to net income of $2.0 billion, net of deferred acquisition costs and after tax . Accelerated 2016 annual variable annuity actuarial assumption review from Q3 to Q2 due to plan to separate substantial portion of U.S. retail business . About $1.5 billion of charge attributable to changes in policyholder behavior assumptions and changes in economic and other actuarial assumptions . Qtrly net derivative losses were $1.4 billion, after tax . Qtrly net investment income was $4.9 billion, down 6 percent . Qtrly operating premiums, fees & other revenues were $12.1 billion, down 1 percent on both a reported and on a constant currency basis over q2 of 2015. . Says at quarter-end book value, excluding AOCI other than FCTA, was $53.20 per share, up 5 percent from $50.73 at June 30, 2015 .Metlife will conduct remainder of its annual actuarial assumption review, which addresses products other than variable annuities, in Q3.  Full Article

Metlife declared Q3 2016 common stock dividend of $0.40/shr
Thursday, 7 Jul 2016 04:15pm EDT 

Metlife Inc :Sees announced that its board of directors has declared a Q3 2016 common stock dividend of $0.40 per share.  Full Article

Metlife signs pension buyout agreement with PPG
Tuesday, 28 Jun 2016 09:00am EDT 

Metlife Inc : Metlife signs pension buyout agreement with PPG . PPG will purchase group annuity contracts from Metlife and Massmutual . Deal will be executed with a combination of cash and assets-in-kind .PPG entered into agreement with co, Massachusetts Mutual Life Insurance Company to provide annuity benefits to about 13,400 retirees.  Full Article

PPG to transfer pension administration and obligations to Massachusetts Mutual Life Insurance Co and Metropolitan Life Insurance Co
Monday, 27 Jun 2016 04:33pm EDT 

PPG Industries Inc : PPG to transfer pension administration and obligations to Massachusetts Mutual Life Insurance Company and Metropolitan Life Insurance Company . Agreement to transfer pension benefits, annuity administration for $1.6 billion . Transfer in pension liabilities to Massachusetts Mutual Life Insurance Company and Metropolitan Life Insurance Company .PPG's pension plans to buy group annuity contracts from Massmutual, Metlife for about 13,400 current U.S. salaried, non-union hourly retirees.  Full Article

Regulators seek expedited schedule in MetLife appeal - CNBC
Friday, 20 May 2016 02:51pm EDT 

:Regulators seek expedited schedule in MetLife appeal over "systemically important" label due to uncertainty about designating firms - CNBC, citing DJ.  Full Article

MetLife Inc announces dividend announces dividend
Tuesday, 26 Apr 2016 04:15pm EDT 

MetLife Inc:Declares second quarter 2016 common stock dividend of $0.40 per share, an increase of about 7 pct from the first quarter 2016 common stock dividend of $0.375 per share.Payable on June 13, 2016, to shareholders of record as of May 9, 2016.  Full Article

MetLife Inc and New York state Common Retirement Fund form real estate investment venture
Tuesday, 19 Jan 2016 06:00pm EST 

MetLife Inc:Says has formed a real estate investment venture with New York State Common Retirement Fund.Says MetLife sold a 49.9 percent stake in the portfolio to New York State Common Retirement Fund.MetLife continues as the majority owner of the portfolio and administrator of the venture.  Full Article

Florida lets MetLife, Unum boost premiums for long-term care

Florida's insurance commissioner is allowing MetLife Inc and Unum Group boost long-term care premiums, alleviating financial stress the insurers have been facing from rising medical costs and policyholders living longer.