Dallas, TX -- (SBWIRE) -- 03/19/2013 -- Marketbuzzreport.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Metlife Inc (NYSE:MET) shares fell 2.61% to $39.15. MetLife's 11th Annual Study of Employee Benefits Trends, released on Mar. 18, reveals that while only two out of five U.S. workers would strongly recommend their employer as a "great place to work," those who do are three times more likely to be satisfied with their benefits.
Additionally, the company, on Mar. 11, announced that it, through MetLife Private Capital Investors, invested $8.1 billion in private securities during 2012. Active in the private market for over 90 years, the company is one of the largest private investors globally. MetLife manages over $54.0 billion, predominantly composed of its own account as well as assets for other institutions.
How Should Investors Trade MET After The Recent Price movement? Find out Here
EXCO Resources Inc (NYSE:XCO) shares decreased 2.60% to $7.48. The company, on Mar. 4, announced that Stephen F. Smith has decided to retire from EXCO on June 1, 2013 and has further decided not to stand for re-election to EXCO's Board of Directors at the 2013 annual meeting of shareholders. Mr. Smith will serve as a full-time EXCO employee until June 1, 2013 to assist with certain transition matters. Mr. Smith retired from his duties as EXCO's President effective February 28, 2013 and will retire from his duties as EXCO's Chief Financial Officer effective April 1, 2013.
Is XCO a Strong Buying Opportunity After The Recent Slump? Find out Here
GT Advanced Technologies Inc(NASDAQ:GTAT) shares dropped 2.44% to $2.84. The company, on Mar. 13, announced an exclusive distribution agreement with Intego GmbH allowing GT to market and sell Intego's automated sapphire inspection tools including the Intego SIRIUS slab and brick inspection tool and a sapphire cover inspection tool currently in development.
Additionally, the company released its fourth quarter results on Feb. 27. The company posted revenue of$102.3 million in the fourth quarter, as compared to revenue of $153.0 million in the year ago period. Fourth quarter net loss was $159.4 million compared to $15.3 million in the same period last year.
Is GTAT a Buy After The Latest Price Action? Find Out Here
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