Edition:
United Kingdom

Brighthouse Financial Inc (BHF.OQ)

BHF.OQ on NASDAQ Stock Exchange Global Select Market

35.24USD
16 Aug 2019
Change (% chg)

$1.42 (+4.20%)
Prev Close
$33.82
Open
$34.40
Day's High
$35.69
Day's Low
$34.40
Volume
362,306
Avg. Vol
511,201
52-wk High
$47.33
52-wk Low
$28.53

Latest Key Developments (Source: Significant Developments)

Brighthouse Financial Reports Q1 Adjusted Earnings Per Share $1.98
Monday, 6 May 2019 

May 6 (Reuters) - Brighthouse Financial Inc ::BRIGHTHOUSE FINANCIAL ANNOUNCES FIRST QUARTER 2019 RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $1.98.Q1 EARNINGS PER SHARE ESTIMATE $2.08 -- REFINITIV IBES DATA.Q1 LOSS PER SHARE $6.31.HAS AUTHORIZED REPURCHASE OF UP TO $400 MILLION OF BRIGHTHOUSE FINANCIAL COMMON STOCK.STOCK REPURCHASE AUTHORIZATION IS IN ADDITION TO $200 MILLION STOCK REPURCHASE AUTHORIZATION ANNOUNCED IN AUGUST 2018.QTRLY PREMIUMS $227 MILLION VERSUS $229 MILLION.  Full Article

Brighthouse Financial Inc Says CEO Eric Steigerwalt's FY 2018 Total Compensation Was $15.5 Million, Including Stock Awards Of $10.6 Million
Monday, 29 Apr 2019 

April 29 (Reuters) - Brighthouse Financial Inc ::BRIGHTHOUSE FINANCIAL INC SAYS CEO ERIC STEIGERWALT'S FY 2018 TOTAL COMPENSATION WAS $15.5 MILLION, INCLUDING STOCK AWARDS OF $10.6 MILLION.BRIGHTHOUSE FINANCIAL - FOR 2018, RATIO OF ANNUAL TOTAL COMPENSATION OF CEO TO MEDIAN OF ANNUAL TOTAL COMPENSATION OF ALL EMPLOYEES WAS 126 TO 1.  Full Article

Brighthouse Financial Q3 Adjusted Earnings Per Share $2.23
Monday, 5 Nov 2018 

Nov 5 (Reuters) - Brighthouse Financial Inc ::BRIGHTHOUSE FINANCIAL ANNOUNCES THIRD QUARTER 2018 RESULTS.Q3 ADJUSTED EARNINGS PER SHARE $2.23.Q3 LOSS PER SHARE $2.26.Q3 EARNINGS PER SHARE VIEW $2.06 -- THOMSON REUTERS I/B/E/S.QTRLY REVENUE $1,422 MILLION VERSUS $1,972 MILLION.  Full Article

Brighthouse Financial Entered Junior Subordinated Indenture, Dated Sept 12, 2018
Wednesday, 12 Sep 2018 

Sept 12 (Reuters) - Brighthouse Financial Inc ::BRIGHTHOUSE FINANCIAL - ENTERED JUNIOR SUBORDINATED INDENTURE, DATED SEPTEMBER 12, 2018 & FIRST SUPPLEMENTAL INDENTURE DATED SEPT 12, 2018.BRIGHTHOUSE FINANCIAL - PURSUANT TO INDENTURE, CO ISSUED AND SOLD $375 MILLION PRINCIPAL AMOUNT OF 6.250% JUNIOR SUBORDINATED DEBENTURES DUE 2058.  Full Article

Brighthouse Financial Announces Effectiveness Of S-4 Registration Statement
Wednesday, 28 Mar 2018 

March 28 (Reuters) - Brighthouse Financial Inc ::BRIGHTHOUSE FINANCIAL ANNOUNCES EFFECTIVENESS OF S-4 REGISTRATION STATEMENT AND LAUNCH OF DEBT EXCHANGE OFFER FOR UP TO $1.5 BILLION OF ITS 3.700% SENIOR NOTES DUE 2027 AND UP TO $1.5 BILLION OF ITS 4.700% SENIOR NOTES DUE 2047.BRIGHTHOUSE FINANCIAL INC - EFFECTIVE MARCH 28, 2018, IT WILL LAUNCH ITS OFFER TO EXCHANGE ITS OLD NOTES FOR ITS NEW NOTES.BRIGHTHOUSE FINANCIAL INC - OFFER FOR OLD NOTES WILL EXPIRE AT 5:00 P.M. NEW YORK CITY TIME ON APRIL 25, 2018, UNLESS OTHERWISE EXTENDED.  Full Article

MetLife to "hold people accountable" for pension payments mishap - CEO
Wednesday, 14 Feb 2018 

Feb 14 (Reuters) - Metlife Inc ::CEO SAYS COMPANY IS "TAKING ACTION TO HOLD PEOPLE ACCOUNTABLE" FOR MISSING PENSION PAYMENT ISSUES - CALL.CEO SAYS COMPANY WILL BEGIN PAYMENTS TO MISSING PENSIONERS "AS SOON AS THEY ELECT TO START THEIR BENEFITS" - CALL.WILL PAY INTEREST ON BACK PAYMENTS AT RATE COMPARABLE TO WHAT FEDERAL PENSION BENEFIT GUARANTEE CORP USES, RESERVE CHARGE INCLUDES THE AMOUNT - CALL.INTENDS TO COMPLETE $2 BILLION SHARE BUYBACK AUTHORIZATION AND EXECUTE OFFER FOR REMAINING BRIGHTHOUSE FINANCIAL INC <<>> STAKE BEFORE 2018 END-CEO.CFO SAYS EXPECTS EFFECTIVE U.S. TAX RATE OF 18 PERCENT TO 20 PERCENT - CALL.CEO SAYS EXPECTS EXPENSES FOR SEARCH TO FIND MISSING PENSIONERS WILL BE "ABSORBED BY THE BUSINESS" - CALL.CEO SAYS THERE MAY BE COSTS FOR INVESTIGATIONS RELATED TO MISSING PENSIONERS AND SLIGHTLY HIGHER EXPENSES, BUT WITHIN EXPENSE RANGE FOR YEAR - CALL.CEO SAYS WILL NEED TO "FILE WITH SEC" FOR "SOME NO ACTION RELIEF" RELATED TO SALE OF BRIGHTHOUSE FINANCIAL INC <<>> STAKE.CEO SAYS COMPANY HAS NOT YET RESERVED LEGAL COSTS FOR REGULATORS' PENSION PAYMENTS INVESTIGATIONS BECAUSE FIGURE IS PRESENTLY UNKNOWN.  Full Article

Brighthouse Financial Reports Q4 Earnings Per Share $5.58
Monday, 12 Feb 2018 

Feb 12 (Reuters) - Brighthouse Financial Inc ::BRIGHTHOUSE FINANCIAL ANNOUNCES FOURTH QUARTER 2017 RESULTS.Q4 EARNINGS PER SHARE $5.58.Q4 ADJUSTED EARNINGS PER SHARE $0.37.BRIGHTHOUSE FINANCIAL - Q4 RESULTS INCLUDED $947 MILLION FAVORABLE IMPACT RELATED TO RE-MEASUREMENT OF NET DEFERRED TAX LIABILITY DUE TO TAX CUTS, JOBS ACT.QTRLY TOTAL REVENUES $1,880 MILLION VERSUS $1,972 MILLION AT THREE MONTHS ENDED SEPT 30, 2017.Q4 REVENUE VIEW $2.03 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Greenlight Capital reports share stake in Brighthouse Financial Inc
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Greenlight Capital Inc :Greenlight Capital Inc reports share stake of about 6.8 mln shares in Brighthouse Financial Inc <<>> as of Sept 30, 2017 - SEC filing.Greenlight Capital Inc disclosed its share stake in Brighthouse Financial Inc in an amended 13F filing with the U.S. SEC.  Full Article

Brighthouse Financial reports Q3 loss per share $7.87
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Brighthouse Financial Inc :Brighthouse Financial announces third quarter 2017 results.Q3 operating loss per share $5.64.Q3 loss per share $7.87.Q3 earnings per share view $2.14 -- Thomson Reuters I/B/E/S.Brighthouse Financial Inc - qtrly ‍net investment income decreased 12 percent quarter-over-quarter to $761 million​.Brighthouse Financial - ‍net loss in quarter includes a $1,073 million non-cash tax expense triggered prior to separation, recognized by co's former parent.Brighthouse Financial Inc - ‍ended q3 2017 with a book value of $13.8 billion, or $114.93 on a per share basis​.  Full Article

MetLife announces new $2 billion share repurchase authorization
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - MetLife Inc :MetLife announces new $2 billion share repurchase authorization and brighthouse financial exchange offer.MetLife Inc - ‍to divest its remaining brighthouse financial, inc. Common stock through an exchange offer for metlife common stock during 2018​.MetLife Inc - ‍on track to return $4.5 billion of capital to shareholders in 2017​.  Full Article

Photo

David Einhorn's Greenlight says Tesla 'on the brink' of failure

NEW YORK David Einhorn's Greenlight Capital renewed criticism of Elon Musk and Tesla Inc, saying the electric car company appeared to be "on the brink" of failure again, according to a letter sent to clients of the hedge fund on Friday.