{"id":653595,"date":"2010-02-03T11:54:00","date_gmt":"2010-02-03T16:54:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/metlifes-stock-tanks-on-missed-earnings-trouble-with-aig-insurance-products-acquisition-2010-2"},"modified":"2010-02-03T11:54:00","modified_gmt":"2010-02-03T16:54:00","slug":"metlife-tanks-on-missed-earnings-possible-aig-unit-acquisition-met","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/653595","title":{"rendered":"Metlife Tanks On Missed Earnings, Possible AIG Unit Acquisition (MET)"},"content":{"rendered":"<p><strong>Update<\/strong>: <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&amp;sid=au4M1F3UlPeo&amp;pos=7\">Bloomberg is reporting<\/a> that if the AIG-Metlife deal doesn&#8217;t go through, S&amp;P may cut Metlife&#8217;s ratings. Ouch.<\/p>\n<p>Metlife is having a bad week.<\/p>\n<p>First, it reported fourth-quarter revenue of $12.34 billion vs. the Street consensus of $12.56 billion.<\/p>\n<p>Second, talks popped up that Metlife <a href=\"http:\/\/www.businessinsider.com\/metlife-in-talks-with-aig-for-insurance-unit-2010-2\">would possibly acquire<\/a> AIG&#8217;s American Life insurance subsidiary. Talks have since broken down and no agreement has been reached yet. <\/p>\n<p>Its stock is now down 4.5% to $34.73 a share<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/static.businessinsider.com\/image\/4b69a71c00000000003fbb28\/metstock-feb3.jpg?w=780\" border=\"0\" alt=\"METstock-feb3\" \/><\/p>\n<p>And here&#8217;s another chart from our friend @SellPuts who sees a bearish downward slope.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/static.businessinsider.com\/image\/4b69a7e50000000000dd3d42\/sellputs-metchart-feb3.jpg?w=780\" border=\"0\" alt=\"sellputs-METchart-feb3\" \/><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/metlifes-stock-tanks-on-missed-earnings-trouble-with-aig-insurance-products-acquisition-2010-2#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/this-is-what-too-big-to-fail-looks-like-2009-11\">This Is What Too Big To Fail Looks Like<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/aig-may-face-an-11-billion-shortfall-in-insurance-reserves-2009-11\">AIG May Face An $11 Billion Shortfall In Insurance Reserves<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/the-feds-attempt-to-explain-away-bungled-aig-rescue-only-makes-things-worse-2009-10\">The Fed&#8217;s Attempt To Explain Away Bungled AIG Rescue Only Makes Things Worse<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/hQEzXnzniFY\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Update: Bloomberg is reporting that if the AIG-Metlife deal doesn&#8217;t go through, S&amp;P may cut Metlife&#8217;s ratings. Ouch. Metlife is having a bad week. First, it reported fourth-quarter revenue of $12.34 billion vs. the Street consensus of $12.56 billion. Second, talks popped up that Metlife would possibly acquire AIG&#8217;s American Life insurance subsidiary. Talks have [&hellip;]<\/p>\n","protected":false},"author":288,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4821],"tags":[],"class_list":["post-653595","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-2K1R","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/653595","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/288"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=653595"}],"version-history":[{"count":0,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/653595\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=653595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=653595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=653595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}