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J.P. Morgan analyst Jimmy Bhullar asks how the statutory reserve charge affects the company's view of capital and its earnings power in Annuity. $MET says that changes to the statutory reserves are not the true determinant of overall capital, but other factors are. The earnings power is operating earnings based on the fees of base benefits.
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?
$YHOO is reporting today after market close. Nobody cares about this stock.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.