BHF News and Press, Brighthouse Financial Inc. From 06/08/20

Brighthouse Financial ( BHF ) is in the business of selling variable annuities and life insurance through a broad independent distribution network. Record-low interest rates and complicated accounting related to its hedging book, have made the company a bit challenging for many market partic...

May’s thirteen new preferred stocks are offering an average annual dividend (coupon) of 6.1 percent, an average current yield (which does not consider reinvested dividends or capital gain/loss) of 5.9 percent and an average Yield-To-Call (which does consider reinvested dividends and cap...

Introduction The issuance of new preferred stocks and baby bonds is always welcome for all fixed-income investors. Especially when these are large and liquid issues with a good rating from any of the Big Three. The increased variety, the opportunity for anyone to diversify their portfolio,...

Brighthouse Financial selected for LifePath Paycheck™, a new investment solution that seeks to provide a paycheck throughout retirement Brighthouse Financial, Inc. (“Brighthouse Financial” or the “company”) (Nasdaq: BHF) announced today that BlackRo...

This article is part of a series that provides an ongoing analysis of the changes made to David Einhorn’s Greenlight Capital 13F portfolio on a quarterly basis. It is based on Einhorn’s regulatory 13F Form filed on 05/15/2020. Please visit our Tracking David Einhorn's Greenlig...

Markets may be the bigger threat to U.S. life insurers than the number of deaths the COVID-19 pandemic claims, writes Telis Demos in the Wall Street Journal 's "Heard on the Street". More news on: Lincoln National Corporation, Principal Financial Group, Inc., Brighthouse Financial, Inc....

AM Best has assigned a Long-Term Issue Credit Rating of “bbb-” to the $350 million 6.75% non-cumulative preferred stock, Series B recently issued by Brighthouse Financial, Inc. (Brighthouse) (headquartered in Charlotte, NC) [NASDAQ: BHF]. The outlook assigned to this Credit Ra...

AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “bbb+” to the new $500 million 5.625% senior unsecured notes due May 15, 2030, issued by Brighthouse Financial, Inc. (Brighthouse) (headquartered in Charlotte, NC) (NASDAQ: BHF). The outlook assigned to thi...

David Einhorn's Greenlight Capital exits General Motors (NYSE: GM ), shedding 6.15M GM shares during the quarter ended March 31, 2020. More news on: General Motors Company, Change Healthcare Inc., Brighthouse Financial, Inc., Financial stocks news, Read more ...

Introduction In the past, I have written several articles critical of Brighthouse Financial ( BHF ), drawing attention to its poor earnings quality and misguided strategy. In my last article earlier this year, I expressed surprise at the stock going up on bad fourth-quarter results and r...