MetLife, Inc. (NYSE:MET) issued the following statement after the company was notified by the Financial Stability Oversight Council (FSOC) that it has been designated a non-bank systemically important financial institution (SIFI): “We are disappointed in the FSOC decision. We continue to believe that MetLife is not systemically important under the Dodd-Frank Act’s criteria, and the company has presented substantial and compelling evidence to FSOC to support this conclusion. MetLife, Inc. (NYSE:MET) belongs to Financial sector. Its net profit margin is 7.70% and weekly performance is -2.14%. On last trading day company shares ended up $54.03. MetLife, Inc. (NYSE:MET) distance from 50-day simple moving average (SMA50) is 1.87%.
Gilead Sciences (NASDAQ:GILD) COO John F. Milligan sold 146,823 shares of Gilead Sciences stock on the open market in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $106.26, for a total value of $15,601,411.98. Gilead Sciences Inc. (NASDAQ:GILD) shares moved up 3.07% in last trading session and ended the day at $105.54. GILD Gross Margin is 82.70% and its return on assets is 34.00%. Gilead Sciences Inc. (NASDAQ:GILD) quarterly performance is -0.40%.
Shutterfly (NASDAQ:SFLY) was downgraded by equities research analysts at Goldman Sachs from a “buy” rating to a “neutral” rating in a research note issued to investors on Tuesday, TheFlyOnTheWall.com reports. On 18 December, Shutterfly, Inc. (NASDAQ:SFLY) shares moved up 3.36% and was closed at $41.85. SFLY EPS growth in last 5 year was 11.40%. Shutterfly, Inc. (NASDAQ:SFLY) year to date (YTD) performance is -17.83%.
On Dec 16, California United Bank, a subsidiary of CU Bancorp (NASDAQ:CUNB), announced that the California United Bank 8th Annual Golf Tournament, held Sept. 29, 2014, at the Sherwood Country Club, netted more than $200,000 to be distributed to four local charities. CU Bancorp (NASDAQ:CUNB) ended the last trading day at $20.42. Company weekly volatility is calculated as 2.87% and price to cash ratio as 0.85. CU Bancorp (NASDAQ:CUNB) showed a weekly performance of 3.39%.
Electric utility firm Southern Company (NYSE:SO) declared that it will construct a solar facility spreading roughly 911 acres of land in Georgia. The plant – expected to have a capacity of 131 megawatts – will likely generate sufficient electricity to compensate the energy demand of over 21,000 homes. Southern Company (NYSE:SO) shares moved up 1.45% in last trading session and ended the day at $49.00. SO Gross Margin is 96.70% and its return on assets is 3.20%. Southern Company (NYSE:SO) quarterly performance is 13.43%.