Movers: MetLife, IBM, National City, TJX Companies
Stocks in the news Thursday
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The Wall Street Journal reports that MetLife (MET) recently approached life and property insurer Hartford Financial Services Group (HIG) about a merger transaction, citing people familiar with the talks. The talks did not lead anywhere, these people told the newspaper.
IBM (IBM) posts $2.05, vs. $1.68 a year ago, third quarter EPS from continuing operations on 5% revenue rise. Street was looking for $2.01. It continues to expect full-year 2008 EPS of at least $8.75, year-to-year growth of 22%.