Friday, May 01, 2009

 

MetLife Swings To 1Q Loss On Investment Woes

MetLife Inc.'s (MET), the nation's largest life insurer, swung to a first-quarter loss on woes in its investment portfolio and rising costs despite falling premium revenue.

Shares fell 3.9% to $28.60 as results fell well short of analysts' expectations...

WSJ: MetLife Swings To 1Q Loss On Investment Woes (Subscription required)

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