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MetLife Cuts 2008 Guidance

Stock quotes in this article: MET  

MetLife (MET Quote) cut its 2008 profit guidance but sees opportunity for growth.

The New York insurance giant says it expects total operating earnings next year to be somewhere between $5.90 and $6.20 a share. That range is roughly flat with the company's projected operating earnings for 2007 of about $6.07.

Analysts expected MetLife to post earnings of $6.26 a share next year, according to Yahoo Finance. ...

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