Want to join the conversation?
$MET, which is the largest US life insurer by assets, reported 4Q15 net investment income of $4.8Bil, down 7%. Variable investment income was $109MM compared to $325MM in 4Q14, due to weak private equity and hedge fund performance. Higher interest rates drove derivative net losses of $375MM, after tax and other adjustments.
Still in yesterday’s $PZZA shock. I thought everyone had more pizza this football season!!
$TSLA stock downgraded to sell from hold by brokerage firm CFRA Research. However, the firm lifted the price target by $35 to $240.
$LB shares have plummeted after a disappointing quarter.