UBS Raises Price Target on MetLife (MET) Following Investor Day
- S&P 500 closes higher to secure strongest Q1 since 2019
- UBS sees 5 warnings signals on semiconductor chip stocks
- US consumer sentiment tops estimates in March to hit nearly 3-yr high, UMich says
- Reddit (RDDT) stock continues to slide as short-sellers eye stock
- Estée Lauder (EL) climbs as BofA upgrades to Buy on profit recovery expectations
- AMC Entertainment (AMC) enters into an equity distribution agreement
- Kerrisdale Capital is short Microstrategy (MSTR), long bitcoin
- Discover Financial Services (DFS) Announces CEO Resignation
- Intuitive Machines (LUNR) Files for $300M Share Offering, 160M Share Offering by Selling Stockholders
- Timken (TKR) Appoints Tarak Mehta as New CEO
MetLife Recognized as Military Friendly Employer Fifth Year in a Row
November 11, 2016 9:00 AM ESTNEW YORK--(BUSINESS WIRE)-- MetLife, Inc. (NYSE: MET) today announced it has been recognized as a Military Friendly® Employer by G.I. Jobs magazine. This is the fifth year in a row MetLife has been recognized for its commitment to hiring veterans and fostering a culture that honors the experiences, traits and skills of those who have served or continue to serve their country.
G.I. Jobs magazine compiles an annual list of Military Friendly Employers to recognize companies with supportive policies, including recruiting efforts, retention programs and support for National Guard and Reserve service.... More
MetLife Announces New $3 Billion Share Repurchase Authorization
November 10, 2016 7:00 AM ESTNEW YORK--(BUSINESS WIRE)-- MetLife, Inc. (NYSE: MET) today announced that its board of directors has approved a new $3 billion authorization for the company to repurchase its common stock.
Commenting on the announcement, Chairman, President and CEO Steven A. Kandarian said:
"Excess capital belongs to our shareholders, and we are pleased to announce our largest ever buyback authorization now that we have defined a capitalization and execution plan for the separation of Brighthouse Financial. Together with our dividend, which has grown by 116 percent over the past three years, this buyback authorization... More