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Stock Market & Financial Investment News

News Breaks
December 11, 2013
09:03 EDTMET, UDRMetLife to invest in $300M luxury tower in San Francisco
MetLife (MET) announced that it has signed a joint venture agreement with UDR, Inc. (UDR) to invest in the construction of a luxury high-rise residential development in San Francisco. MetLife will have a 49% share of the project, and UDR will own 51%. The development will feature a 42-story tower, with 100 percent of the homes at market rate. It will be located at 399 Fremont Street in San Francisco’s Rincon Hill neighborhood, south of Market Street. With 447 residential units, the community will cost approximately $317M to develop and is expected to open in 2016.
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April 22, 2014
10:29 EDTMETMetLife increases Q2 dividend 27% to 35c per share
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