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Manulife Financial Corp stock price
Manulife Financial Corp latest news:
Canada's Manulife reports decline in 4th-quarter earnings
Manulife Financial Corp(MFC), Canada's biggest insurer, on Wednesday reported a decline in fourth-quarter earnings, reflecting lower insurance sales and slower growth at its wealth and asset management business. Manulife said earnings per share, excluding one-off items, were 59 Canadian cents in the final quarter of 2017, compared with 63 Canadian cents in the same period the previous year.
UPDATE 1-Canada's Manulife reports decline in 4th-quarter earnings
TORONTO, Feb 7 (Reuters) - Manulife Financial Corp,
Canada's biggest insurer, on Wednesday reported a decline in
fourth-quarter earnings, reflecting lower insurance sales and
slower growth at its wealth and asset management business.
Manulife Financial Raises Quarterly Dividend by 7% to $0.22/Share
Manulife Financial Corp.(MFC) said its board set out a 7%, or 1.5 cents per share, jump in its quarterly dividend to $0.22 per share, payable on and after March 19 to shareholders of record as at Feb. 21. Price: 19.99, Change:, Percent Change: MT Newswires does not provide investment advice.
BRIEF-Manulife Financial Corp Increases Dividend
* INCREASED 7% OR 1.5 CENTS PER SHARE TO QUARTERLY
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Further company coverage:
MOVES-John Hancock names Brooks Tingle CEO of insurance business
John Hancock, the U.S. arm of Canada's Manulife Financial (MFC), named Brooks Tingle CEO of its insurance business. The firm also appointed Linda Levyne as head of sales and distribution in insurance. Tingle and Levyne have served in these roles on an interim basis since last summer.
BRIEF-Brooks Tingle Named President And CEO John Hancock Insurance
Manulife Financial Corp(MFC): * BROOKS TINGLE NAMED PRESIDENT AND CEO JOHN HANCOCK INSURANCE. * JOHN HANCOCK INSURANCE SAYS NAMING BROOKS TINGLE PRESIDENT AND CEO OF JOHN HANCOCK INSURANCE Source text for Eikon: Further company coverage:
BRIEF-Manulife says U.S. Tax Reform is Expected to Result in $1.9 Bln Charge in Q4
Manulife Financial Corp(MFC): * MANULIFE ANNOUNCES PORTFOLIO ASSET MIX CHANGES TO FREE UP CAPITAL, REDUCE RISK AND LOWER VOLATILITY IN ITS LEGACY BLOCKS, AND UPDATES ITS U.S. TAX REFORM GUIDANCE. * U.S. TAX REFORM IS EXPECTED TO RESULT IN AN ESTIMATED $1.9 BILLION CHARGE IN Q4. * DECISION TO CHANGE PORTFOLIO ASSET MIX EXPECTED TO RESULT IN CHARGE TO NET INCOME OF $0.50 PER SHARE IN Q4.
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