Want to join the conversation?
As of June 30, $MET's book value per share excluding AOCI, other than FCTA was $53.20, up 5% YoverY. Tangible book value per share was $43.98, also up 5% YoverY. The company assumes that 10-year US Treasury interest rates start at June 30, 2016 levels and increase to 4.25% by 2027 and that long-term separate account returns will be 6.75-7.00%.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.
Samsung chief Jay Y. Lee arrested under $36 million bribery charges. Stocks are also down. This is going to impact the sale of its Galaxy 8, set for April release. Here’s an opportunity for $AAPL to capitalize on a rival’s fall.