Sun Life Financial Inc (SLF)
20 Sep 2017
Thu, Sep 7 2017
* Sun Life Global Investments to acquire Excel Funds Management Inc and Excel Investment Counsel Inc
* Sun Life Financial Inc - normal course issuer bid will commence on August 14, 2017 and continue until August 13, 2018
* Greig Woodring stepping down from the board of directors of Sun Life Financial Source text for Eikon: Further company coverage:
TORONTO, May 10 Canada's main stock index rose in early trade on Wednesday, boosted by gains for energy and other resource stocks as oil prices rebounded, while insurer Sun Life Financial Inc and exchange operator TMX Group Ltd fell after reporting quarterly earnings.
* Says announced an increase of 4% or 1.5 cents per share to dividend to be paid on its common shares
May 9 Insurer Sun Life Financial Inc reported a smaller-than-expected profit on Tuesday, hurt by weak growth in its U.S market.
* qtrly reported net income $551 million versus $540 million
* Sun Life Financial Inc - Terms of acquisition were not disclosed.
* Kevin Strain, currently president, Sun Life Financial Asia, will become executive vice-president & chief financial officer
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