Orlando, FL -- (SBWIRE) -- 09/16/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Southwestern Energy Company (NYSE:SWN), Metlife Inc (NYSE:MET).
Southwestern Energy Company (NYSE:SWN) stock decreased 0.97% to $37.93. SWN‘s stock had its “neutral” rating restated by Zacks in a research note issued to investors on Sept. 13. They currently have a $40.00 target price on the stock. Zacks‘ price objective would indicate a potential upside of 4.44% from the company’s current price.
Additionally, the company on August 1 reported a profit of $245.6 million, or 70 cents a share, compared with a year-earlier loss of $405.1 million, or $1.16 a share. Excluding items, Southwestern reported a per-share profit of 54 cents a share, from a profit of 27 cents a share a year earlier. Revenue grew 42% to $862 million. Analysts were expecting per-share earnings of 52 cents on revenue of $781 million.
Are investors worried about the recent updates with SWN? Find out with a free trend analysis HERE
Metlife Inc (NYSE:MET) shares declined 0.91% to $48.83. The company on Sept. 11 announced that Nela D'Agosta has joined the company as managing director of marketing and investor services for the private capital investors group of MetLife Investment Management, LLC (MIM), the company's institutional investment manager.
Additionally, the company on Sept. 10 announced the completion of its remarketing of $999,886,000 aggregate principal amount of its 4.368% Series D Senior Debentures. The Series D Senior Debentures originally formed part of MetLife's 40 million common equity units, which were issued in November 2010 in connection with MetLife's acquisition of American Life Insurance Company and Delaware American Life Insurance Company.
Moreover, John Hele, chief financial officer at MetLife, Inc. (NYSE:MET), will present a keynote address at KPMG's Annual Insurance Conference on Wednesday, Sept. 18, at approximately 8:15 a.m. (ET).
Is MET going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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