MetLife has announced several key decisions that reflect its commitment to progress and shareholder profit. The company will be holding a combined Earnings and Outlook Conference Call and has also set the date for its Q4 2024 earnings call. Despite the reported resignation of its Chief Accounting Officer, MetLife Investment Management has agreed to acquire traditional fixed income and equity portfolio management teams from Mesirow, managing $6 billion in assets. MetLife has expanded its asset management with a $6 billion acquisition from Mesirow and declared Q1 2025 dividend of $0.545 per share, maintaining strong shareholder returns. The company has secured increased shares from investors such as West Oak Capital LLC and InvesTrust. MetLife has also announced a solid long term strategy and Income per share. However, MetLife is not without its setbacks as it missed Q3 earnings and revenue estimates. However, the shares have passed above the 200 day moving average. The company is also planning to acquire PineBridge Investments which strengthens the asset management business. MetLife has a strong commitment to create an all-inclusive working environment and was named among Fortune's top 25 workplaces globally for 2024.
Metlife MET News Analytics from Thu, 02 May 2024 15:50:56 GMT to Sat, 11 Jan 2025 04:09:57 GMT -
Rating 8
- Innovation -3
- Information 5
- Rumor -2
