MetLife (MET)

MetLife said it had a third-quarter net loss of $620 million, or 79 cents a share, compared with net income of $630 million, or 83 cents, in the year-earlier period. Premiums and other revenue at the MetLife business that sells coverage to companies, including retirement plans and employee benefits, slipped about 8 percent to $4.2 billion, while the unit’s operating earnings dropped 21 percent to $311 million on lower investment income.

Oct 29 · 8:53:00 PM · Source: Company News Release
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by Larry Etter