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Fly News Breaks for January 13, 2016
MET
Jan 13, 2016 | 07:29 EDT
After MetLife announced that it would separate a portion of the company's U.S. retail insurance business via a potential public offering, a spin-off, or a sale, Wells Fargo thinks the company would be spinning off its businesses which have received the greatest degree of focus from regulators. The firm adds that the move would reduce the capital sensitivity of the company's business and could raise its return on equity and free cash flow. Wells keeps an Outperform rating on the shares.
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