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Stock Market & Financial Investment News

News Breaks
February 7, 2013
07:25 EDTMETMetLife may close some offices to cut costs, Bloomberg reports
MetLife (MET) says it is undergoing a review of its real estate footprint and may decide to close some offices in a move to cut costs, Bloomberg reports. CEO Steven Kandarian is looking to cut costs by $600M, mostly in the U.S. Reference Link
News For MET From The Last 14 Days
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July 30, 2014
16:08 EDTMETMetLife reports Q2 EPS $1.39, consensus $1.41
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15:31 EDTMETNotable companies reporting after market close
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July 28, 2014
09:03 EDTMETMetLife, Norges Bank buy One Beacon street tower in Boston for $561M
MetLife and Norges Bank Investment Management today announced that they have bought the One Beacon Street office building in Boston for approximately $561M. This is the second property investment in Boston and the fourth overall for the joint venture, which now has a real estate portfolio with a gross value of approximately $2.4B.
July 22, 2014
15:43 EDTMETU.S near to designating MetLife as systemically important, Bloomberg says
The U.S. Financial Stability Oversight Council is set to designate MetLife as systematically important and thereby subjecting the insurer to oversight by the Federal Reserve, says Bloomberg. Reference Link
15:28 EDTMETU.S. said near designating MetLife 'systematically important,' Bloomberg says
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