MetLife (MET -0.5%) shares lagged the market as Sterne Agee noted the life insurance company may...
MetLife (MET -0.5%) shares lagged the market as Sterne Agee noted the life insurance company may be unable to return capital to shareholders due to regulatory hang-ups. The Fed twice has rejected MET's plans to raise its dividend and buy back shares; if MET can't do the buyback, the firm says expected 2013 EPS would be cut by nearly 5%.
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