Friday, July 31, 2009
MetLife reports $1.4 billion quarterly net loss
MetLife Inc. swung to a quarterly net loss late Thursday on derivatives losses mainly tied to the rising value of the insurer's own debt... MetLife said the second-quarter net loss came in at $1.4 billion, or $1.74 a share. That compares to net income of $915 million, or $1.26 a share, a year earlier...
The result was mainly driven by derivative losses of $1.8 billion...
MarketWatch: MetLife reports $1.4 billion quarterly net loss
The result was mainly driven by derivative losses of $1.8 billion...
MarketWatch: MetLife reports $1.4 billion quarterly net loss
Permalink posted by markw @ 5:44 AM 
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