In End of an Era, MetLife Looks To Part With Insurance Agents

In End of an Era, MetLife Looks To Part With Insurance Agents

Insurer is in talks to sell business of roughly 4,000 sales people to Massachusetts Mutual By LESLIE SCISM Updated Feb. 25, 2016 8:22 a.m. ET 13 COMMENTS MetLife Inc. is preparing to part ways with a central force in the company’s history: its life-insurance agents. The nation’s largest life insurer by assets is in talks…

Cutting The Cord? Not So Fast:  Cablevision Ends 2015 With First Customer Growth Since 2008 Crisis

Cutting The Cord? Not So Fast: Cablevision Ends 2015 With First Customer Growth Since 2008 Crisis

Cablevision Ends 2015 With First Customer Growth Since 2008 Crisis Cable operator’s quarterly revenue comes in below expectations Cablevision Systems Corp. said 2015 marked its first year-over-year growth in customers since 2008, though the cable operator’s fourth-quarter revenue was slightly below expectations. As of Dec. 31, Cablevision reported 3.1 million total customers—businesses or households that…

WSJ: U.S. Warns Banks Off Russian Bonds

WSJ: U.S. Warns Banks Off Russian Bonds

U.S. Warns Banks Off Russian Bonds State, Treasury say helping sell debt would undermine sanctions on country The U.S. government has warned some top U.S. banks not to bid on a potentially lucrative but politically risky Russian bond deal, saying it would undermine international sanctions on Moscow, people familiar with the matter said. The move,…

The Closing Look
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The Closing Look

Stocks opened lower but closed higher on Wednesday after the latest round of lackluster earnings and economic data were released. Oil prices also positively reversed after the latest EIA report was released. Economic data was less than thrilling. First, February’s Flash PMI Services Index Fell to 49.8, miss estimates for 53. Then New Home sales plunged -9.2%…