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Manulife Financial News

News on Manulife Financial (Ticker: MFC) continually updated from thousands of sources around the net.

5 min ago | Canada.com

Success of 'Made in Canada' deals bodes well for Manulife

Manulife Financial Corp.'s $4-billion acquisition of Standard Life Canada may not have garnered much of a positive response from investors, but at least one analyst is suggesting the market is overlooking a key aspect related to the deal. Scotiabank's Sumit Malhotra considers the purchase a positive for Manulife because it adds bulk to its group businesses and consists of lower-risk operations.

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Related Topix: Insurance

Mon Sep 15, 2014

AmericanBankingNews.com

Manulife Financial Corp. Receives New Coverage from Analysts at TD Securities

The firm set a "buy" rating and a C$24.00 price target on the stock. TD Securities' target price suggests a potential upside of 8.89% from the company's current price.

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Related Topix: Insurance

Brandon Sun

Most actively traded companies on the TSX

B2Gold Corp. . Miner. Down seven cents, or 2.99 per cent, to $2.27 on 7.4 million shares.

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Related Topix: Microfinancial, Food, Leasing, Financial Services, Maple Leaf Foods, Smart and Final, Retail, Insurance, Canadian Natural Resources, Energy, Oil & Gas

Hispanic Business

Manulife completes $2.26 billion subscription receipt offerings

The closing of the acquisition is subject to regulatory approvals and the approval of the shareholders of Standard Life plc. Subject to the receipt of all necessary approvals, the acquisition is anticipated to close in the first quarter of 2015.

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Related Topix: Insurance

The Globe and Mail

Carrick on money: High-paying jobs that will make you miserable

The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick. The case for buying Manulife The Motley Fool website explains why investors seeking under-valued stocks should buy Manulife Financial.

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Related Topix: Insurance, Nursing, Medicine

Sat Sep 13, 2014

Independent.ie

The Standard Life windfall - and what you should do next

WINDFALL: The payout is good news for the insurer's 60,000 Irish shareholders - as long as they're careful about tax. Standard Life 's 60,000 Irish shareholders will start to receive letters over the next few days explaining how they can take up a windfall of as much as a 1,000 with the company.

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Related Topix: Insurance

Fri Sep 12, 2014

Brandon Sun

Most actively traded companies on the TSX

B2Gold Corp. . Miner. Down two cents, or 0.85 per cent, to $2.34 on 7.6 million shares.

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Related Topix: HSBC Holding, Banking, Insurance

Thu Sep 11, 2014

The China Post

Deposits in RMB rise by only 0.1% in July

Renminbi deposits in Taiwan rose 288 million, or 0.1 percent, to 293 billion in July, the lowest rise on record, while those in Hong Kong increased 1.2 percent to 936.8 billion. Data from the Central Bank showed that Taiwan's outstanding RMB-based deposits totaled some 293 billion as of the end of July for a monthly increase of 288 million RMB or 0.1 percent, the lowest rise on record.

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Related Topix: Insurance, Taiwan, World News

Bloomberg

Axa Said in Advanced Talks to Sell Hong Kong Pension-Fund Unit

Axa SA , France's largest insurer, is in advanced talks with bidders including Manulife Financial Corp. to sell its pension-fund unit in Hong Kong, said people with knowledge of the matter. Axa is seeking about $400 million for the Mandatory Provident Fund business, two of the people said, asking not to be identified because the discussions are confidential.

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Related Topix: Axa, Insurance, Pension, Personal Finance, Sun Life Financial, Principal Financial Group, Financial Services, Investment Services, Retirement

Wed Sep 03, 2014

The Independent

Windfall for 1.3m Standard Life shareholders as it sells Canada arm for A 2.2bn

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Related Topix: Insurance

Hispanic Business

Manulife to offer $2.1 billion of subscription receipts for common shares

The balance of the acquisition funding will be from internal resources and possible future debt and/or preferred share issuances.

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Related Topix: Insurance

Brandon Sun

Manulife in deal to buy Standard Life Oversea Holdings for $4B in cash

Manulife Financial Corp. says it plans to buy Standard Life Oversea Holdings Ltd, a subsidiary of Standard Life plc, for $4 billion in cash.

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Related Topix: Insurance

CBC News

Manulife buys Standard Life Canadian assets for $4B

Manulife Financial Corp. says its life insurance division is buying the Canadian-based assets of Standard Life Plc for $4 billion in cash.

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Related Topix: Insurance

Castanet.net

NewsAlert: Manulife buys Canadian assets of Standard Life for $4 billion

Manulife Financial Corp. says its life insurance division, The Manufacturers Life Insurance Company, will acquire the Canadian-based assets of Standard Life plc for $4 billion in cash.

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Related Topix: Insurance

Sat Aug 30, 2014

AmericanBankingNews.com

Manulife Financial Corp. Receives Consensus Rating of "Buy" from Analysts

Shares of Manulife Financial Corp. have been given a consensus recommendation of "Buy" by the eleven brokerages that are covering the company, AnalystRatingsNetwork reports .

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Related Topix: Insurance

Fri Aug 29, 2014

Brandon Sun

Most actively traded companies on the TSX

Bombardier Inc. . Aerospace. Down 12 cents, or 3.17 per cent, to $3.66 on 9.6 million shares.

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Related Topix: Insurance, Bombardier, Aerospace-Defense

Thu Aug 28, 2014

Hispanic Business

Manulife Asset Management Posts US$3.2 Billion in Net Institutional...

"Our sales so far this year demonstrate success across our U.S., Canadian and International sales teams, with several of our investment teams winning significant institutional mandates from large public pension plans, sovereign wealth funds, and sub-advisory mandates," said .

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Related Topix: Insurance, Pension, Personal Finance, Retirement

Wed Aug 27, 2014

Sys-Con Media

John Hancock Closed-End Funds Release Earnings Data

Earnings presented represent past earnings and there is no guarantee of future results.

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Related Topix: John Hancock Financial Services, Insurance

Tue Aug 26, 2014

AmericanBankingNews.com

Manulife Financial Corp. Given Average Rating of "Buy" by Brokerages

Shares of Manulife Financial Corp. have earned an average recommendation of "Buy" from the eleven brokerages that are currently covering the company, Stock Ratings Network reports .

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Related Topix: Insurance

Mon Aug 25, 2014

Sys-Con Media

Manulife U.S. Regional Bank Trust (TSX: MBK.UN) Announces Normal Course Issuer Bid

Pursuant to the NCIB, the Fund proposes to purchase through the facilities of the TSX, from time to time, if it is considered advisable, up to 970,000 Class A Units of the Fund, representing 10 per cent of the public float which is the same number as the Fund's issued and outstanding Class A Units, being 9,700,000 Class A Units as of the close of ... (more)

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Related Topix: Insurance

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