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MetLife quarterly profit more than doubles on derivative gains

U.S. insurer MetLife Inc on Wednesday reported third-quarter profit that more than doubled from a year earlier, largely because derivatives that the U.S insurer uses for hedging swung to net gains compared to a loss a year ago. MetLife holds a book of derivatives to hedge against the risk of market swings. Such gains do not indicate actual performance of the company, but reflect the effect of accounting rules, an issue that has occurred in some previous quarters. …read more […]

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Best Business Schools in America

Are you looking to advance in your financial or business career? If so, further education is a sure-fire way to increase your credibility in the job market. With an MBA program, you will learn transferable skills that can directly influence your growth as a professional. Below, learn more about the best business schools in America today and find the best program that fits your specific needs.
Overall, what are the best business schools in 2019? According to the annual U.S. News & World Report rankings, the most prestigious MBA’s can be found at the University of Pennsylvania, Stanford University, Harvard University, …read more […]

Consumer

Nightfood (OTC: NGTF) Hires MSourceIdeas and Industry Expert Lionel Binnie to Develop Distribution Footprint in College Campus and Hospitality Markets

Tarrytown, NY, Oct 29, 2019 Nightfood, Inc. (otcqb:NGTF), the start-up ice cream company addressing America’s $50 billion-dollar nighttime snacking problem, has engaged Lionel Binnie, founder of MSourceIdeas, to grow Nightfood distribution and partnerships in non-traditional […]

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US STOCKS-Stocks little changed in wake of Fed statement

The Fed cut lowered its policy rate to a target range between 1.50% and 1.75%, but dropped a previous reference in its statement to “act as appropriate” to support the economic expansion, which could signal the Fed may hold off on future rate cuts. Hopes of a rate cut and recent optimism around the trade talks had helped lift the benchmark S&P 500 to record intraday highs in the previous two sessions. The Dow Jones Industrial Average rose 12.73 points, or 0.05%, to 27,084.15, the S&P 500 lost 1.23 points, or 0.04%, to 3,035.66 and the Nasdaq Composite …read more […]