"MetLife is arguably the best capitalized company within our universe"
Metlife's release of 2008 earnings estimates were lower than Wall Street analysts expected. Q4 200 and FY 2007 earnings, however, were in-lne with analyst expectations.
MetLife announced its partnership with the Bank of Shanghai; this could help open up further international opportunities for MetLife.
The company announced a $1 Billion stock repurchase initiative. The stock responded by a nearly $2 decrease in price.