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METLIFE INVESTS $1 BILLION IN WIDE VARIETY OF STOCKS

MetLife invested $1 billion in a wide array of stocks on Friday to demonstrate its confidence in the U.S. economy following last week's terrorist attacks.

The insurer's gesture comes as the industry faces billions in potential claims after four hijacked planes crashed in Washington, New York and outside Pittsburgh last Tuesday.

The company believes the outlook for earnings growth and the economy are positive, said MetLife chairman and chief executive officer Robert H. Benmosche.

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