Friday, October 30, 2009

 

MetLife Swings To 3Q Loss On Investment Losses; Shares Fall

MetLife Inc. (MET) swung to a third-quarter loss--its third in a row--on $1.4 billion in investment losses... But Chief Executive C. Robert Henrikson said the life insurer's operating earnings increased 18% "despite the current economic challenges." Sales also increased in the U.S. and internationally...

WSJ: MetLife Swings To 3Q Loss On Investment Losses; Shares Fall (Subscription required)

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