Manulife Financial Corp (MFC.TO)
16 Sep 2014
|Market Cap (Mil.):||$41,331.67|
|Shares Outstanding (Mil.):||1,858.44|
By Allison Martell and Alastair Sharp TORONTO, Sept 4 - Canada's main stock index closed lower on Thursday, hurt by a decline in gold miners and energy stocks as the price of gold fell and oil slipped on a surprise European Central Bank rate cut. Manulife Financial Corp also dragged on the index after it announced late on Wednesday that it would buy the Canadian operations of Britain's Standard Life in a near-$4 billion deal. Barrick Gold Corp was the biggest weight, down
(The following statement was released by the rating agency) CHICAGO, September 04 (Fitch) Fitch Ratings has affirmed the ratings of Manulife Financial Corporation (TSE:MFC) including the holding company's Issuer Default Rating (IDR) at 'A' and all outstanding senior debt and hybrid issues, as well as the Insurer Financial Strength (IFS) ratings of all operating subsidiaries at 'AA-'. The Rating Outlook is Stable. Today's action follows the announcement that MFC will be acquiring the Canadia
(Adds Borse Dubai, Vimpelcom, Aviva, Latin American venture capital firms)
By Leah Schnurr and Alastair Sharp TORONTO, Sept 4 - Canada's main stock index was little changed on Thursday, weighed by shares of Manulife and WSP Global after both companies separately announced deals to buy operations from British firms. That was offset by gains in the consumer staples sector as Alimentation Couche-Tard, a convenience store and retail chain, rose after several analysts raised their price target on the stock. Couche-Tard earlier in the week reported better
TORONTO, Sept 4 - Canada's main stock in index was little changed shortly after the open as Manulife, which announced after markets closed on Wednesday that it was buying Standard Life's Canadian assets, opened lower, offsetting energy and consumer stock gains. The Toronto Stock Exchange's S&P/TSX composite index was up 2.32 points at 15,659.95 shortly after the open. Seven of the index's 10 main groups were in positive territory. (Reporting by Solarina Ho, Editing by W Simon)
TORONTO - Manulife Financial Corp MFC.TO and Britain's Standard Life SL.L have agreed a near-$4 billion deal for the Canadian operations of the British insurer as part of a broader global tie-up.
* Standard Life to pay out more than half the cash as dividend
TORONTO - Manulife Financial Corp said on Wednesday it has agreed to acquire the Canadian operations of Standard Life Plc for about C$4 billion ($3.7 billion) in cash, in a deal that significantly expands the insurer's presence in Quebec.
(Adds comments from Standard Life CEO, analyst, further details)
TORONTO, Sept 3 - Manulife Financial Corp said on Wednesday it has agreed to acquire the Canadian operations of Standard Life Plc for about C$4 billion ($3.7 billion) in cash, in a bid to expand its insurance and asset management portfolio across Canada and especially within the province of Quebec.
|Metlife Inc (MET.N)||$55.35||+0.29|
|Metlife Inc (MET_pa.N)||$23.51||-0.05|
|Metlife Inc (MLG)||--||--|
|Great-West Lifeco Inc. (GWO.TO)||$32.70||-0.13|
|Great-West Lifeco Inc. (GWO_pe.TO)||--||--|
|Great-West Lifeco Inc. (GWO_px.TO)||--||--|
|Great-West Lifeco Inc. (GWO_pf.TO)||$25.47||+0.01|
|Great-West Lifeco Inc. (GWO_pi.TO)||$22.79||-0.01|
|Power Financial Corp (PWF.TO)||$35.76||-0.24|
|Industrial Alliance Insur. & Fin. Ser. (IAG.TO)||$48.56||-0.06|
Earnings vs. Estimates
Analyst Research Reports
Trading Report for (MFC). A detailed report, including free correlated market analysis, and updates.
Provider: Stock Traders Daily
Provider: S&P Capital IQ – STARS Reports
Provider: Pechala's Reports
Provider: Pechala's Reports
Manulife Financial Corp: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.