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New York-based insurance company $MET posted 4Q15 net income of $785MM or $0.70 per share. Full year 2015 net income was $5.2Bil or $4.57 per share. Total operating revenue fell 6% to $17.1Bil from $18.25Bil in 4Q14. Operating earnings of $1.4Bil fell 13% from 4Q14, and 10% on a constant currency basis. Operating EPS was $1.23, down 11% from 4Q14.
Vine, the unique app from $TWTR is no more! Perfect example for mass products that don't make money!
$CVX posts first profit in a year. Right time to get some shares? My question is, will it sustain this turnaround?
Jeff Bezos, my inspiration next to Steve Jobs is going to review the Everything Store $AMZN's financial results today after hours. As an investor/user, I like Amazon Prime and it's success over several parts of the world. What's your take on Amazon?
Of all the Wall St firms out there, Goldman Sachs $GS is the most revered for the way they're run - hiring the best, highly competitive, a closely-knit peer group and making tons of profits for the shareholders. An interesting interview of its CEO Llyod Blankfein by Carlyle groups chief David Rubenstein