Metlife Inc (NYSE:MET) Reports Higher Operating Profit, Despite Low Interest Rates

Metlife Inc (NYSE:MET) and its peer Prudential Financial Inc (NYSE:PRU) reported higher 1Q operating profit, despite the prevailing impact of low interest rates on life-insurance industry. Chief Executive Steven Kandarian termed the strengthening of the U.S. currency as a major obstacle in a quarter of strong underlying growth. The operating profit surged 4.9% despite a […]

Prudential Financial Inc (NYSE:PRU) Launches Prudential Jennison Emerging Markets Equity Fund

Boston, MA 09/18/2014 (wallstreetpr) – According to reports, Prudential Investments of Prudential Financial Inc (NYSE:PRU) has launched Prudential Jennison Emerging Markets Equity Fund. The best part about this fund is that it focuses on long-term growth and risk diversification by investing the pool of funds in different promising companies located around the globe. The fund […]

Metlife Inc (NYSE:MET): Easing Of Dodd-Frank Law

Boston, MA 06/06/2014 (wallstreetpr) – Senate has eased the Dodd-Frank law which imposed capital standards on insurers coming under the category of systemically important. It came as a good news for MetLife Inc (NYSE:MET) and its peer Prudential Financial Inc (NYSE:PRU). Both the companies’ stocks rallied after the news. The Senate has approved the bill […]

ING Groep N.V (AMS:INGA)’s ING U.S switching name to VOYA- embarking on new voyage with IPO – MET, PRU

Boston, MA 04/12/2013 (wallstreetpr) – ING Groep N.V (AMS:INGA) (Current: $5.95, Down by 1.94%)’s American insurance unit, ING U.S Inc. is planning in going public. The company is distancing itself from its parent-company and the business will now be called Voya Financial. In November, ING U.S filed for an IPO and said that it will […]