Highlights
A collection of news and information related to MetLife Incorporated published by Tribune Company sources.
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Two Promoted At Quinnipiac University
ACADEMIC • At Quinnipiac University, Hamden, Mark R. Ludovico of North Haven was promoted to director of web communications and Matthew Romeo of Prospect, an adjunct professor for the School of Business, was named director of university...Tags: Engineering, University of New Haven, Farmington (Hartford, Connecticut), Corporate Officers, Connecticut River
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Insurance
Hartford Financial Services Group Inc., the insurer that lost half its market value this month, "remains solid," Connecticut Insurance Commissioner Thomas Sullivan told the company's customers. The Connecticut Insurance Department said it had received...Tags: Connecticut, Hartford (Hartford, Connecticut), Marketing, Hartford Financial Services Group Incorporated, Insurance
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Wednesday's market movers
GEN. GROWTH PROP. $0.90 (20%) to $5.40 Shares of the Chicago-based real estate investment trust had the biggest percentage gain in the Standard & Poor's 500 index after it was named to help develop a project in New York. Shares fell nearly 42...Tags: Alcoa Incorporated, CNA Financial Corporation, Earnings Forecasts, Northbrook, Insurance
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Insurers could be the next sector hit
New York Times News ServiceMonths after the stocks of big Wall Street financial firms first came under attack, insurance companies are now being battered, suggesting that a similar round of consolidation and recapitalization may be in store for that industry. Insurance stocks have...Tags: Allianz AG Holding, Stock Market, Stock Activities, American International Group, Wachovia Corp.
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The Hartford: Insurer 'Remains Solid,' Commissioner Says
Connecticut's insurance commissioner said Thursday that The Hartford "remains solid" despite its plummeting stock price. The stock has lost half of its market value this month. "The Hartford Group's financial strength remains solid and will continue...Tags: The Hartford Financial Services Group Incorporated, Allianz AG Holding, Connecticut, Hartford (Hartford, Connecticut), Insurance
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Jobless claims drop from seven-year high
From the Associated PressNew applications for unemployment benefits dropped last week from a seven-year high, the Labor Department said Thursday, although claims remain at elevated levels that indicate recession. And new job cuts announced after the report was released...Tags: Unemployment, Minnesota, Brunswick Corporation, Idaho, Economic Indicator
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MetLife Layoffs Might Be Light In State
New York-based life insurer MetLife Inc. said it will cut an unspecified number of jobs by the end of the year and announced plans to sell common stock to bolster its capital amid rising losses on investments. The company, which has major operations in...Tags: Glastonbury, Connecticut, Unemployment, Rocky Hill, Westport
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Stock in local insurers hit by MetLife news
Tribune staff reporterInsurance providers are among the Chicago area's worst-performing stocks this morning: By early afternoon, with the broad market off less than 1 percent, Allstate shares were down 7.5 percent and CNA Financial Corp.'s stock had dropped 11 percent. The...Tags: CNA Financial Corporation, American International Group, Principal Financial Group Incorporated, XL Capital Limited, Insurance
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Former town official pleads guilty
A former Culpeper councilman has pleaded guilty to embezzlement and failing to file tax returns. The judge suspended five years of jail time, but David Martin must serve 100 hours of community service. The 58-year-old was ordered to pay more than $3,800...Tags: Corporate Crime, David Martin, Embezzlement, State Budgets, Insurance
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The Hartford Tries To Calm Nervous Investors
The Hartford CourantThe Hartford tried to calm stampeding investors and reassure employees Wednesday as its stock slid 7 percent on top of Tuesday's 18 percent plunge -- a sell-off some analysts called an overreaction. "I don't think we should be concerned about The...Tags: The Hartford Financial Services Group Incorporated, Moody's Corporation, Financial Markets, Insurance
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Shares Of The Hartford Plunge 32%
It was a blood bath Thursday for shares of The Hartford, while MetLife Inc. and Prudential also plummeted on fears that the tumult in financial markets could push some insurers over the edge. Some of the investor panic Thursday followed a comment...Tags: The Hartford Financial Services Group Incorporated, Financially Distressed Companies, Prudential Financial Incorporated, American International Group, Bankruptcy
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The Hartford's Own Woes Only Part Of Its Problems
Losing nearly $9 billion of market value can really ruin your week. It did at The Hartford, which now faces even tougher challenges after panicked investors hacked its stock price by nearly 52 percent. However, the stock slide doesn't mean that The...Tags: The Hartford Financial Services Group Incorporated, National Government, Connecticut, Stock Market, American International Group
Oct 13, 2008
|Story| Hartford Courant
Oct 10, 2008
|Story| South Florida Sun-Sentinel
Oct 9, 2008
|Story| Chicago Tribune
Oct 10, 2008
|Story| Chicago Tribune
Oct 10, 2008
|Story| Hartford Courant
Oct 10, 2008
|Story| Los Angeles Times
Oct 9, 2008
|Story| Hartford Courant
Oct 8, 2008
|Story| Chicago Tribune
Sep 26, 2008
|Story| Hampton Roads Daily Press
Oct 2, 2008
|Story| Hartford Courant
Oct 3, 2008
|Story| Hartford Courant
Oct 4, 2008
|Story| Hartford Courant
