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Manulife Financial



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3Vote!

Manulife Financial (MFC) Moving Higher On Heavy Volume

Manulife Financial (NYSE: MFC) closed yesterday at $17.46. So far the stock has hit a 52-week low of $6.94 and 52-week high of $24.97. Manulife Financial stock has been showing support around 17.07 and resistance in the 17.79 range. Technical indicators for the stock are Bearish and S&P gives MFC a neutral 3 STAR (out of 5) hold rating. MFC appears on the Investors Observer Volume Leaders list....

+Vote!

Manulife Rises on Moody's Upgrade

Market Blog submits: By Simon Avery M oody's Investors Service has improved its ratings outlook on Manulife Financial’s ( MFC ) subsidiaries to “stable” from “negative” and affirmed the Aa3 insurance financial strength ratings on the company. Complete Story »

+Vote!

Manulife Financial to acquire EDC headquarters building in Ottawa

Broccolini / Canderel joint venture to complete largest office development in downtown Ottawa in 25 years

3Vote!

Manulife Financial completes $2.5 Billion Common Equity Offering

TORONTO, Nov. 30 /PRNewswire-FirstCall/ - Manulife Financial Corporation (MFC) announced today that its offering of $2,500,400,000 of common shares announced on November 18, 2009 has been completed. The common shares were sold to a syndicate of underwriters in a "bought deal" public offering.

3Vote!

Manulife Financial Confirms It Has No Exposure To Dubai World

TORONTO, Nov. 26 - In response to analyst inquiries, Manulife Financial Corporation confirms that it has no exposure to Dubai World or its affiliates. About Manulife Financial Manulife Financial is a Canadi...

3Vote!

Don't post happy vacation and party pics on Facebook if you are taking sick leave and disability payments for depression

29-Year old Canadian woman Nathalie Blanchard claims that she has been suffering from severe depression that has made it impossible for her to work full-time ( IBM's Bromont, Quebec office) for the past 18-months. Everything was fine as she stayed at home and received monthly sick-leave benefits from Canada's Manulife Financial Insurance. But the payments stopped after the Insurance company found...

4Vote!

Manulife stock issue sparks ire and frenzy

Investors reacted sharply and in great numbers Thursday to a move by Manulife Financial Corp., Canada's largest insurance company, to raise $2.5 billion in a major stock issue.

3Vote!

Manulife Could Have Trouble Finding Buyers for Latest Share Sale

Streetwise Blog submits: By Andrew Willis I nvestment banks are running into headwinds as they attempt to sell $2.5 billion of equity in Manulife Financial, with roughly a quarter of the offering reportedly still unsold as of lunch hour on Thursday. Complete Story »

5Vote!

UPDATE 1-Sun Life says happy with capital position

TORONTO, Nov 19 (Reuters) - A day after rival insurer Manulife Financial Corp surprised markets with a C$2.5 billion ($2.3 billion) equity financing, Sun Life Financial said it was comfortable with its capital levels.

3Vote!

Manulife Financial (MFC) NewsBite - Shares Offering Pulls Down MFC

Manulife Financial (NYSE: MFC) opened at $17.60. So far today, the stock has hit a low of $17.34 and a high of $17.61. MFC is now trading at $17.51, down $1.51 (-7.94%). Over the last 52 weeks the stock has ranged from a low of $6.94 to a high of $24.97. MFC shares are on the move after the company announced an offering of common stock worth about $2.5 billion Canadian,...

3Vote!

Spartan Motors Announces Agreement to Acquire Utilimaster Corporation

CHARLOTTE, Mich., Nov. 19 /PRNewswire-FirstCall/ -- Spartan Motors, Inc. (Nasdaq: SPAR) today announced it has reached an agreement to acquire Utilimaster Corporation from John Hancock Life Insurance Company, a unit of Manulife Financial Corporation, a leading Canadian-based financial services group, in an all-cash transaction valued at approximately $45 million. Utilimaster is a dominant manufacturer...

3Vote!

Manulife to raise $2.5 billion in bought deal financing

Manulife Financial Corp., Canada's largest insurance company, announced Wednesday it is issuing more than $2.5 billion in common equity in a bought deal arrangement.

3Vote!

Manulife Financial Announces Offering of Common Shares

Manulife Financial is a Canadian-based financial services group serving millions of customers in 22 countries and territories worldwide. Operating as Manulife Financial in Canada and Asia, and primarily through John Hancock in the United States, the Company offers customers a diverse range of financial protection products and wealth management services through its extensive network of employees, agents...

3Vote!

Manulife: Scared or Hungry?

Streetwise Blog submits: By Andrew Willis S mart people at Manulife Financial ( MFC ) are either very worried about something they see on the horizon, or very excited about an acquisition opportunity. Complete Story »

3Vote!

Manulife to issue $2.5B in shares

Toronto-based insurer Manulife Financial Corp. will issue common shares to raise more than $2.5 billion, the company said Wednesday.