There's been an influx of activity surrounding MetLife (MET). Options are now available for the company set for July 18th. Several investment groups like NFJ and the Bank of Nova Scotia have reduced their stake in MetLife, while firms such as LSV Asset Management and Dodge & Cox have sold shares. On the purchasing side, entities from Townsquare Capital to Fmr LLC have acquired significant quantities of MetLife shares.
MetLife's stocks were controversially impacted, with a 13% dip observed when David Herzog resigned from the board. Yet the insurance company's digital platform is set to transform its extensive 50M-member dental network, projecting a promising future. The company is preparing to announce its Q1 2025 earnings.
In other news, MetLife Investment Management is set to acquire PineBridge Investments. The firm has also been recognized for its digital innovation, winning the coveted CIO 100 Award and securing a triple crown in Fortune's Best Workplace rankings.Recognition has also come from Wall Street for its Q4 earnings and key metrics. Lastly, the firm is participating in a merger with General Atlantic to form Chariot Re.
Metlife MET News Analytics from Tue, 06 Aug 2024 07:00:00 GMT to Sat, 19 Apr 2025 10:24:46 GMT - Rating 0 - Innovation -2 - Information 5 - Rumor 2
