BHF News and Press, Brighthouse Financial Inc. From 01/13/22

Brighthouse Financial, Inc. (Brighthouse Financial) (Nasdaq: BHF) announced today that it plans to hold a conference call and audio webcast to discuss its financial results for the fourth quarter and full year ended December 31, 2021, at 8:00 a.m. Eastern Time on Friday, February 11, 20...

AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of Brighthouse Life Insurance Company (headquartered in Charlotte, NC), New England Life Insurance Company (Boston, MA)...

The Covid-19 pandemic last year primarily sparked U.S. life insurers' benefit payments to soar 15.4% to $90.43B in 2020, citing a release from the American Council of Life Insurers. This figure is the highest ever in any single year, and the largest Y/Y increase since the 1918 Influenza ...

Financial stocks climbed on Thursday as the yield curve flattens with Federal Reserve officials adding to chair Jerome Powell's assertion that the central bank may need to wind down its asset purchases at a faster pace than originally planned. In balancing employment and price stability goals...

As November 2021 comes to a close, we look back at the new preferred stocks and ETDs introduced during the month, offering annual yields ranging from 4% to 8.75%. Here is a comparison against highest quality preferred stocks in our coverage universe, as ranked by our internal “...

Brighthouse Financial, Inc. (the “Company”) (Nasdaq: BHF) announced today the pricing terms for its previously announced cash tender offer (the “Offer”) for an aggregate purchase price of up to $750 million (the “Tender Cap”) of its 3.700% Senio...

Brighthouse Financial, Inc. (the “Company”) (Nasdaq: BHF) announced today the early tender results for its previously announced cash tender offer (the “Offer”) for an aggregate purchase price of up to $750 million (the “Tender Cap”) of its 3.700...

David Einhorn's 13F stock portfolio value decreased from $1.59B to $1.49B this quarter. Greenlight increased The ODP Group, LivaNova plc, and Sonos while reducing Concentrix and AerCap Holdings. The largest three positions are at ~44% of the portfolio. As of Q3 2021, the overall p...

David Einhorn's Greenlight Capital added new positions in iShares Silver Trust (NYSEARCA:SLV) ~1.56M shares, FREYR Battery (NYSE:FREY) ~0.7M shares and Stryve Foods (NASDAQ:SNAX) ~0.15M shares. This takes the portfolio total to $1.49B in its latest 13F filing. Positions were cl...

AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “bbb+” (Good) to the forthcoming $400 million, 3.85% senior unsecured notes, due Dec. 22, 2051, and a Long-Term IR of “bbb-” (Good) to the $350 million, 4.625% non-cumulative preferred...