Derivatives, Quarterly Earnings | featured news

MetLife Reports Loss After Website Snafu

MetLife said it swung to a loss on increased derivative losses, releasing the preliminary results nearly two weeks ahead of schedule after inadvertently posting some quarterly data on its website late Wednesday.

 

Berkshire Profit Declines 30% as Gains Narrow on Derivatives

Berkshire Hathaway Inc. said fourth- quarter profit fell 30 percent on smaller gains from Warren Buffett’s portfolio of derivatives.

 

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