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HomeBusiness NewsStocks News In Focus: MetLife (NYSE:MET), The Chubb (NYSE:CB), Kate Spade &...

Stocks News In Focus: MetLife (NYSE:MET), The Chubb (NYSE:CB), Kate Spade & Company (NYSE:KATE), Xencor (NASDAQ:XNCR)


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Metlife Inc (NYSE:MET) (Full FREE Analysis of MET And Be Sure To Notice The Intermediate Period) slightly up in last session as Auto & Home and Lyft declared that that Lyft drivers in Colorado now have access to a unique auto insurance policy tailored specifically for Lyft drivers. MetLife’s Lyft endorsement differs from some products currently available to drivers in the marketplace that only cover part of the trip. Whereas, shares of Metlife Inc (NYSE:MET) traded up of 0.06% to finished at USD46.87 with market capitalization of 53.14 billion. Separately, a research note to investors, 5 analysts rates its stocks at “Hold,” 6 analysts rate it at “strong buy” and 8 rate it a “Buy.”

Chubb Corp (NYSE:CB) (Read Latest Free Analytic Facts on CB and Be Updated) released that its fourth quarter earnings of $2.29 a share, $0.14 improved than the Capital IQ Consensus Estimate of $2.15. Chubb Board permitted New $1.3B share repurchase program. The firm releases in-line guidance for FY15 (Dec), expects EPS of 7.35-7.65 as compared to $7.78 Capital IQ Consensus Estimate. This operating income outlook assumes for the full year 2015. Share price of Chubb Corp (NYSE:CB) climbed 0.92% to closed at $102.52 with the traded volume of 1.15 million shares as compared to the average volume of 979,905.00 in last session.

Kate Spade & Co (NYSE:KATE) (Read Experts View Here on KATE Upcoming Performance) released that its strategic initiatives that will further focus its business on the long-term growth of the kate spade new york brand. As division of this declaration, Kate Spade & Company is absorbing input elements of Kate Spade Saturday’s success into kate spade new york and discontinuing Kate Spade Saturday as a standalone business. The firm also reported a new business model for Jack Spade that will enable the brand to leverage the distribution network of its retail partners and enlarge its eCommerce platform. As, Kate Spade & Co (NYSE:KATE) has 2.87 beta factor with last traded share price of $31.68 with positive change of 6.56%.

Xencor Inc (NASDAQ:XNCR) (What Market Forces Produce Volatility in XNCR Share? Find Free Report Here) released that 33 percent of patients (5 of 15) that got all six biweekly doses of XmAb5871 achieved DAS28-CRP remission or low disease activity against zero on placebo. Three ACR70 responses (20 percent) as well as six ACR50 responses (40 percent) occurred in the XmAb5871 group as compared to zero and one (13 percent) respectively in the placebo group. Xencor Inc (NASDAQ:XNCR) stock fell -8.22% to closed at $15.53 with the total traded volume of 1.48 million shares. The consensus average revenue estimates are $2.22M for latest quarter, at the same time as 3 experts predict $1.61M revenues for the next three months of 2014.

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