Assurance Quote

By Dividend.com StaffJuly 31st, 2009 Shares of Metlife (MET) are moving slightly higher despite the company reporting a loss of $1.43 billion in the second quarter.The company had a loss of $1.74 per share, compared with profits of $915 million, or $1.26 per share, a year earlier. This was the second consecutive quarterly loss for the company. Management pointed to losses in derivatives, which were used as a hedge against changes in interest rates and foreign currencies.Revenue fell 31 percent Read the full article

By Dividend.com StaffJuly 31st, 2009 Shares of Metlife (MET) are moving slightly higher despite the company reporting a loss of $1.43 billion in the second quarter.The company had a loss of $1.74 per share, compared with profits of $915 million, or $1.26 per share, a year earlier. This was the second consecutive quarterly loss for the company. Management pointed to losses in derivatives, which were used as a hedge against changes in interest rates and foreign currencies.Revenue fell 31 percent Read the full article