Edition:
United States

Manulife Financial Corp (MFC.TO)

MFC.TO on Toronto Stock Exchange

24.43CAD
4:00pm EDT
Change (% chg)

$-0.21 (-0.85%)
Prev Close
$24.64
Open
$24.54
Day's High
$24.62
Day's Low
$24.30
Volume
4,324,850
Avg. Vol
5,434,434
52-wk High
$25.20
52-wk Low
$18.33

Latest Key Developments (Source: Significant Developments)

Court reserves judgment on Manulife hedge fund court case
Thursday, 14 Feb 2019 02:57pm EST 

Feb 14 (Reuters) - Manulife Financial Corp ::COURT IN SASKATCHEWAN, CANADA RESERVES JUDGMENT ON OUTCOME OF MANULIFE HEDGE FUND COURT CASE.  Full Article

Manulife To Amend Normal Course Issuer Bid To Repurchase For Cancellation Up To Additional 59 Mln Of Common Shares
Wednesday, 13 Feb 2019 05:17pm EST 

Feb 13 (Reuters) - Manulife Financial Corp ::MANULIFE ANNOUNCES INTENTION TO AMEND NORMAL COURSE ISSUER BID TO REPURCHASE FOR CANCELLATION UP TO AN ADDITIONAL 59 MILLION OF ITS COMMON SHARES.MANULIFE - TO AMEND NORMAL COURSE ISSUER BID TO INCREASE NUMBER OF SHARES CO MAY REPURCHASE FROM 40 MILLION COMMON SHARES TO 99 MILLION COMMON SHARES.  Full Article

Rga Announces Longevity Transaction With Manulife
Wednesday, 13 Feb 2019 05:10pm EST 

Reinsurance Group of America Inc ::RGA ANNOUNCES LONGEVITY TRANSACTION WITH MANULIFE.RGA LIFE REINSURANCE COMPANY OF CANADA - ADDITIONAL TERMS OF TRANSACTION ARE NOT BEING DISCLOSED.RGA LIFE REINSURANCE CO OF CANADA - COMPLETION OF TRANSACTION WITH MANULIFE TO REINSURE LONGEVITY RISK FROM IN-FORCE BLOCK OF CANADIAN GROUP PAYOUT ANNUITIES.RGA LIFE REINSURANCE COMPANY OF CANADA - IN AGGREGATE, RGA CANADA WILL REINSURE LONGEVITY RISK IN RESPECT OF APPROXIMATELY 45,000 ANNUITANTS.  Full Article

Manulife Financial Sets Quarterly Dividend Of C$0.25Per Share
Wednesday, 13 Feb 2019 05:02pm EST 

Manulife Financial Corp ::SETS QUARTERLY DIVIDEND OF C$0.25PER SHARE.  Full Article

Manulife Financial Corp QTRLY Diluted Core Earnings Per Common Share $0.65
Wednesday, 13 Feb 2019 05:01pm EST 

Manulife Financial Corp ::MANULIFE REPORTS 2018 NET INCOME OF $4.8 BILLION, AND CORE EARNINGS OF $5.6 BILLION WITH DOUBLE-DIGIT GROWTH ACROSS ALL OPERATING SEGMENTS.REPORTED ANNUALIZED PREMIUM EQUIVALENT SALES OF $1.5 BILLION IN 4Q18, AN INCREASE OF 14% COMPARED WITH 4Q17.QTRLY DILUTED EARNINGS PER COMMON SHARE $0.28.QTRLY DILUTED CORE EARNINGS PER COMMON SHARE $0.65.QTRLY CORE RETURN ON COMMON SHAREHOLDERS' EQUITY OF 12.5 PERCENT.Q4 EARNINGS PER SHARE VIEW C$0.66 -- REFINITIV IBES DATA.NET FLOWS WERE NEGATIVELY IMPACTED BY SIGNIFICANT MARKET VOLATILITY IN Q4.GLOBAL WEALTH AND ASSET MANAGEMENT 4Q18 NET FLOWS WERE NEGATIVE $9.0 BILLION VERSUS POSITIVE NET FLOWS OF $3.6 BILLION IN 4Q17.  Full Article

Moody's Analytics Says Collaborating With Manulife To Be Solution Provider For Its Global Implementation Of IFRS 17
Wednesday, 16 Jan 2019 08:00am EST 

Jan 16 (Reuters) - Moody's Corp ::MOODY'S ANALYTICS SAYS COLLABORATING WITH MANULIFE TO BE SOLUTION PROVIDER FOR ITS GLOBAL IMPLEMENTATION OF IFRS 17.  Full Article

AltaGas Announces Its 2019 Balanced Funding Plan, Including Financial Outlook & Capital Plan
Thursday, 13 Dec 2018 07:45am EST 

Dec 13 (Reuters) - AltaGas Ltd ::ALTAGAS ANNOUNCES ITS 2019 BALANCED FUNDING PLAN, INCLUDING FINANCIAL OUTLOOK AND CAPITAL PLAN.ALTAGAS LTD - APPROVAL HAS BEEN SECURED TO RESET MONTHLY DIVIDEND TO $0.08 PER COMMON SHARE OR $0.96 PER COMMON SHARE ANNUALLY.ALTAGAS LTD - ANTICIPATED 2019 NORMALIZED EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION AND AMORTIZATION IN RANGE OF $1.2 - $1.3 BILLION.ALTAGAS LTD - SEES CAPITAL ALLOCATION OF APPROXIMATELY $1.3 BILLION IN 2019 IN PRIMARILY MIDSTREAM AND U.S. UTILITIES PROJECTS.ALTAGAS LTD - ANTICIPATED 2019 NORMALIZED FUNDS FROM OPERATIONS OF $850 - $950 MILLION.ALTAGAS LTD - INTENDS TO COMPLETE ADDITIONAL ASSET SALES OF APPROXIMATELY $1.5 - $2.0 BILLION IN 2019.ALTAGAS LTD - REACHED AN AGREEMENT FOR SALE OF ITS REMAINING INDIRECT EQUITY INTEREST OF APPROXIMATELY 55 PERCENT IN NORTHWEST HYDRO FACILITIES.ALTAGAS LTD - SALE OF EQUITY INTEREST OF APPROXIMATELY 55 PERCENT IN NORTHWEST HYDRO FACILITIES FOR APPROXIMATELY $1.39 BILLION.ALTAGAS LTD - ANTICIPATES DIVIDEND RESET WILL HAVE A SIGNIFICANT IMPACT ON ITS FINANCIAL FLEXIBILITY AND CREDIT PROFILE THROUGH 2023.ALTAGAS - CAPITAL INVESTMENT WILL BE FUNDED THROUGH ASSET SALES, CASH FROM OPERATIONS, DIVIDEND REINVESTMENT PLAN, SELECT FUTURE DEBT.ALTAGAS - SALE OF INTEREST IN NORTHWEST HYDRO FACILITIES ENTERED INTO WITH JV CO THAT IS CONTROLLED BY AXIUM INFRASTRUCTURE & MANULIFE FINANCIAL.  Full Article

Manulife Financial Says Will Launch Fall 2018 A Medical Marijuana Program In Canada
Tuesday, 31 Jul 2018 06:00am EDT 

July 31 (Reuters) - Manulife Financial Corp ::MANULIFE FINANCIAL SAYS WILL LAUNCH FALL 2018 A MEDICAL MARIJUANA PROGRAM IN CANADA, IN COLLABORATION WITH SHOPPERS DRUG MART CORPORATION.  Full Article

Manulife Announces Subordinated Green Bond Issue
Monday, 7 May 2018 02:55pm EDT 

Manulife Financial Corp ::MANULIFE ANNOUNCES SUBORDINATED GREEN BOND ISSUE.MANULIFE FINANCIAL CORP - INTENDS TO ISSUE $600 MILLION PRINCIPAL AMOUNT OF 3.317% FIXED/FLOATING SUBORDINATED DEBENTURES DUE MAY 9, 2028.MANULIFE FINANCIAL CORP - DEBENTURES MATURE ON MAY 9, 2028.MANULIFE FINANCIAL - DEBENTURES TO BEAR INTEREST AT FIXED RATE OF 3.317% UNTIL MAY 9, 2023 AND THEREAFTER AT RATE OF 0.78% OVER THREE MONTH CDOR.  Full Article

Brooks Tingle Named President And CEO John Hancock Insurance
Monday, 29 Jan 2018 03:40pm EST 

Jan 29 (Reuters) - Manulife Financial Corp ::BROOKS TINGLE NAMED PRESIDENT AND CEO JOHN HANCOCK INSURANCE.JOHN HANCOCK INSURANCE SAYS NAMING BROOKS TINGLE PRESIDENT AND CEO OF JOHN HANCOCK INSURANCE​.  Full Article

CANADA STOCKS-Futures dip as oil prices fall on supply concerns

April 15 Futures for Canada's main stock index edged lower on Monday, as oil prices halted their rally on mixed signals over global supply.