Breaking News

Monday
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Recommendations
Manulife Financial price target raised to C$34 from C$27 at Scotiabank » 11:40
01/30/23
01/30
11:40
01/30/23
11:40
MFC

Manulife Financial

$19.57 /

-0.085 (-0.43%)

Scotiabank analyst Meny…

Scotiabank analyst Meny Grauman raised the firm's price target on Manulife Financial to C$34 from C$27 and keeps an Outperform rating on the shares.

ShowHide Related Items >><<
MFC Manulife Financial
$19.57 /

-0.085 (-0.43%)

MFC Manulife Financial
$19.57 /

-0.085 (-0.43%)

01/25/23 CIBC
Manulife Financial price target raised to C$27 from C$23 at CIBC
01/25/23 National Bank
Manulife Financial price target raised to C$26 from C$24 at National Bank
01/12/23 Credit Suisse
Manulife Financial initiated with a Neutral at Credit Suisse
10/28/22 National Bank
Manulife Financial price target lowered to C$24 from C$25 at National Bank
MFC Manulife Financial
$19.57 /

-0.085 (-0.43%)

Over a week ago
Recommendations
Manulife Financial price target raised to C$27 from C$23 at CIBC » 12:37
01/25/23
01/25
12:37
01/25/23
12:37
MFC

Manulife Financial

$19.21 /

-0.025 (-0.13%)

CIBC analyst Paul Holden…

CIBC analyst Paul Holden raised the firm's price target on Manulife Financial to C$27 from C$23 and keeps an Underperformer rating on the shares.

ShowHide Related Items >><<
MFC Manulife Financial
$19.21 /

-0.025 (-0.13%)

MFC Manulife Financial
$19.21 /

-0.025 (-0.13%)

01/25/23 National Bank
Manulife Financial price target raised to C$26 from C$24 at National Bank
01/12/23 Credit Suisse
Manulife Financial initiated with a Neutral at Credit Suisse
10/28/22 National Bank
Manulife Financial price target lowered to C$24 from C$25 at National Bank
10/12/22 Barclays
Manulife Financial price target lowered to C$29 from C$30 at Barclays
MFC Manulife Financial
$19.21 /

-0.025 (-0.13%)

Recommendations
Manulife Financial price target raised to C$26 from C$24 at National Bank » 12:29
01/25/23
01/25
12:29
01/25/23
12:29
MFC

Manulife Financial

$19.20 /

-0.035 (-0.18%)

National Bank analyst…

National Bank analyst Gabriel Dechaine raised the firm's price target on Manulife Financial to C$26 from C$24 and keeps a Sector Perform rating on the shares.

ShowHide Related Items >><<
MFC Manulife Financial
$19.20 /

-0.035 (-0.18%)

MFC Manulife Financial
$19.20 /

-0.035 (-0.18%)

01/12/23 Credit Suisse
Manulife Financial initiated with a Neutral at Credit Suisse
10/28/22 National Bank
Manulife Financial price target lowered to C$24 from C$25 at National Bank
10/12/22 Barclays
Manulife Financial price target lowered to C$29 from C$30 at Barclays
08/15/22 Desjardins
Manulife Financial price target raised to C$25 from C$24 at Desjardins
MFC Manulife Financial
$19.20 /

-0.035 (-0.18%)

Initiation
Manulife Financial initiated with a Neutral at Credit Suisse » 06:26
01/12/23
01/12
06:26
01/12/23
06:26
MFC

Manulife Financial

$18.77 /

+0.325 (+1.76%)

Credit Suisse analyst Joo…

Credit Suisse analyst Joo Ho Kim initiated coverage of Manulife Financial with a Neutral rating. While the analyst expects Manulife Financial to deliver the best growth out of the group in his forecast period, he believes the discount valuation could remain until the needle moves on the company's legacy business.

ShowHide Related Items >><<
MFC Manulife Financial
$18.77 /

+0.325 (+1.76%)

MFC Manulife Financial
$18.77 /

+0.325 (+1.76%)

10/28/22 National Bank
Manulife Financial price target lowered to C$24 from C$25 at National Bank
10/12/22 Barclays
Manulife Financial price target lowered to C$29 from C$30 at Barclays
08/15/22 Desjardins
Manulife Financial price target raised to C$25 from C$24 at Desjardins
08/12/22 Canaccord
Manulife Financial price target raised to C$25 from C$22.50 at Canaccord
MFC Manulife Financial
$18.77 /

+0.325 (+1.76%)

Over a month ago
Hot Stocks
Manulife Financial announces pledge to 1t.org » 09:02
12/12/22
12/12
09:02
12/12/22
09:02
MFC

Manulife Financial

$17.73 /

+0.015 (+0.08%)

Manulife announced a…

Manulife announced a pledge to 1t.org to accelerate and scale nature-based solutions in an effort to mitigate climate change. Through its partnership with the World Economic Forum's Trillion Trees initiative, Manulife is making the commitment to accelerate a sustainable future with tangible results by 2027. Efforts will strive to accelerate the pace of innovation around amplifying the carbon removal benefits of forests while aiming to solve investor needs and will take shape in the form of a partnership to share knowledge, tools, and experience, and support of local communities, nature, and biodiversity. "As a global life insurer and asset manager, and one of the world's largest timberland and farmland investment managers, we understand the connection between our environment and human health. We are well-positioned to provide and manage investments in nature-based solutions to advance climate change mitigation and are thrilled to build on our partnership with the World Economic Forum to do just that," said Sarah Chapman, Chief Sustainability Officer, Manulife.

ShowHide Related Items >><<
MFC Manulife Financial
$17.73 /

+0.015 (+0.08%)

MFC Manulife Financial
$17.73 /

+0.015 (+0.08%)

10/28/22 National Bank
Manulife Financial price target lowered to C$24 from C$25 at National Bank
10/12/22 Barclays
Manulife Financial price target lowered to C$29 from C$30 at Barclays
08/15/22 Desjardins
Manulife Financial price target raised to C$25 from C$24 at Desjardins
08/12/22 Canaccord
Manulife Financial price target raised to C$25 from C$22.50 at Canaccord
MFC Manulife Financial
$17.73 /

+0.015 (+0.08%)

Hot Stocks
Manulife appoints Don Lindsay as vice chair of board of directors » 09:43
11/11/22
11/11
09:43
11/11/22
09:43
MFC

Manulife Financial

$17.28 /

+ (+0.00%)

Manulife announced the…

Manulife announced the appointment of Don Lindsay as Vice Chair of the Board of Directors of Manulife Financial Corporation and The Manufacturers Life Insurance Company. John Cassaday will retire on February 15, 2023 after thirty years of service as a member of the Board, and as Chairman for the past five years, at which time Don will become Chair of the Board.

ShowHide Related Items >><<
MFC Manulife Financial
$17.28 /

+ (+0.00%)

MFC Manulife Financial
$17.28 /

+ (+0.00%)

10/28/22 National Bank
Manulife Financial price target lowered to C$24 from C$25 at National Bank
10/12/22 Barclays
Manulife Financial price target lowered to C$29 from C$30 at Barclays
08/15/22 Desjardins
Manulife Financial price target raised to C$25 from C$24 at Desjardins
08/12/22 Canaccord
Manulife Financial price target raised to C$25 from C$22.50 at Canaccord
MFC Manulife Financial
$17.28 /

+ (+0.00%)

Over a quarter ago
Recommendations
Manulife Financial price target lowered to C$24 from C$25 at National Bank » 12:19
10/28/22
10/28
12:19
10/28/22
12:19
MFC

Manulife Financial

$16.59 /

+0.19 (+1.16%)

National Bank analyst…

National Bank analyst Gabriel Dechaine lowered the firm's price target on Manulife Financial to C$24 from C$25 and keeps a Sector Perform rating on the shares.

ShowHide Related Items >><<
MFC Manulife Financial
$16.59 /

+0.19 (+1.16%)

MFC Manulife Financial
$16.59 /

+0.19 (+1.16%)

10/12/22 Barclays
Manulife Financial price target lowered to C$29 from C$30 at Barclays
08/15/22 Desjardins
Manulife Financial price target raised to C$25 from C$24 at Desjardins
08/12/22 Canaccord
Manulife Financial price target raised to C$25 from C$22.50 at Canaccord
07/27/22 Scotiabank
Manulife Financial upgraded to Outperform at Scotiabank following steep selloff
MFC Manulife Financial
$16.59 /

+0.19 (+1.16%)

Recommendations
Manulife Financial price target lowered to C$29 from C$30 at Barclays » 05:25
10/12/22
10/12
05:25
10/12/22
05:25
MFC

Manulife Financial

$15.41 /

-0.375 (-2.38%)

Barclays analyst John…

Barclays analyst John Aiken lowered the firm's price target on Manulife Financial to C$29 from C$30 and keeps an Overweight rating on the shares. Despite higher yields, the continued decline in equity valuations for the Canadian insurers will likely dampen earnings growth in the quarter driven by lower asset levels within the wealth operations and seed losses, Aiken tells investors in a research note. Additionally, the analyst anticipates losses from Hurricane Ian to "weigh heavily" on the property and casualty reinsurance businesses of the life companies.

ShowHide Related Items >><<
MFC Manulife Financial
$15.41 /

-0.375 (-2.38%)

MFC Manulife Financial
$15.41 /

-0.375 (-2.38%)

08/15/22 Desjardins
Manulife Financial price target raised to C$25 from C$24 at Desjardins
08/12/22 Canaccord
Manulife Financial price target raised to C$25 from C$22.50 at Canaccord
07/27/22 Scotiabank
Manulife Financial upgraded to Outperform at Scotiabank following steep selloff
07/27/22 Scotiabank
Manulife upgraded to Outperform from Sector Perform at Scotiabank
MFC Manulife Financial
$15.41 /

-0.375 (-2.38%)

Hot Stocks
Capital Power, Manulife Investment Management complete facility acquisition » 09:04
09/23/22
09/23
09:04
09/23/22
09:04
CPXWF

Capital Power

$38.61 /

+ (+0.00%)

, MFC

Manulife Financial

$16.38 /

-0.365 (-2.18%)

Capital Power and…

Capital Power and Manulife Investment Management, on behalf of the Manulife Infrastructure Fund II and its affiliates, announced today that they have completed the acquisition of a 100% interest in MCV Holding Company, which owns Midland Cogeneration Venture, a 1,633-megawatt natural gas combined-cycle cogeneration facility. The acquisition was previously announced on July 12, 2022. Midland Cogen was acquired from OMERS Infrastructure Management Inc. and its co-investors for $894M, subject to working capital and other closing adjustments, and includes the assumption of $521M of project level debt. Under the 50/50 joint venture with Manulife Investment Management, Capital Power and its joint venture partner each contributed approximately $186M. Capital Power financed the transaction using cash on hand and its credit facilities. Capital Power will be responsible for operations and maintenance and asset management for which it will receive an annual management fee. Located in Michigan, Midland Cogen is the largest gas-fired cogeneration facility in North America, is a critical asset to support grid reliability during the transition to renewables and is well-positioned, given anticipated market conditions, for recontracting beyond 2030. It currently operates under long-term contracts until 2030 and 2035 with high quality counterparties. For Capital Power, the acquisition provides immediate adjusted funds from operations accretion with the 5-year average accretion forecasted to be $0.30 per share, representing a 7.0% increase. Financial projections include an average adjusted EBITDA of $59M per year and an average AFFO of $35M per year during the 5-year period from 2023 to 2027.

ShowHide Related Items >><<
MFC Manulife Financial
$16.38 /

-0.365 (-2.18%)

CPXWF Capital Power
$38.61 /

+ (+0.00%)

CPXWF Capital Power
$38.61 /

+ (+0.00%)

09/12/22 Desjardins
Capital Power price target raised to C$58 from C$53 at Desjardins
08/29/22 TD Securities
Capital Power price target raised to C$57 from C$55 at TD Securities
08/04/22 National Bank
Capital Power price target raised to C$52 from C$50 at National Bank
08/04/22 Desjardins
Capital Power price target raised to C$53 from C$52 at Desjardins
MFC Manulife Financial
$16.38 /

-0.365 (-2.18%)

08/15/22 Desjardins
Manulife Financial price target raised to C$25 from C$24 at Desjardins
08/12/22 Canaccord
Manulife Financial price target raised to C$25 from C$22.50 at Canaccord
07/27/22 Scotiabank
Manulife Financial upgraded to Outperform at Scotiabank following steep selloff
07/27/22 Scotiabank
Manulife upgraded to Outperform from Sector Perform at Scotiabank
MFC Manulife Financial
$16.38 /

-0.365 (-2.18%)

CPXWF Capital Power
$38.61 /

+ (+0.00%)

MFC Manulife Financial
$16.38 /

-0.365 (-2.18%)

Hot Stocks
Gorilla appoints Choi as Global Head of People & HR » 08:03
09/21/22
09/21
08:03
09/21/22
08:03
GRRR

Gorilla

$11.75 /

-0.15 (-1.26%)

, MFC

Manulife Financial

$16.97 /

-0.475 (-2.72%)

Gorilla Technology (GRRR)…

Gorilla Technology (GRRR) announced the appointment of Hee-Won Choi as its Global Head of People & Human Resources. Hee-Won has more than 14 years of extensive HR experience committing to both in-house and outsourcing specializations of global organizations. Previously Hee-Won held the role of HR Operations Director for Hong Kong, Macau, Taiwan and joint venture entities in China for a global insurance market leader Manulife (MFC).

ShowHide Related Items >><<
MFC Manulife Financial
$16.97 /

-0.475 (-2.72%)

GRRR Gorilla
$11.75 /

-0.15 (-1.26%)

GRRR Gorilla
$11.75 /

-0.15 (-1.26%)

03/23/22 Northland
Global SPAC Partners initiated with an Outperform at Northland
MFC Manulife Financial
$16.97 /

-0.475 (-2.72%)

08/15/22 Desjardins
Manulife Financial price target raised to C$25 from C$24 at Desjardins
08/12/22 Canaccord
Manulife Financial price target raised to C$25 from C$22.50 at Canaccord
07/27/22 Scotiabank
Manulife Financial upgraded to Outperform at Scotiabank following steep selloff
07/27/22 Scotiabank
Manulife upgraded to Outperform from Sector Perform at Scotiabank
MFC Manulife Financial
$16.97 /

-0.475 (-2.72%)

MFC Manulife Financial
$16.97 /

-0.475 (-2.72%)

GRRR Gorilla
$11.75 /

-0.15 (-1.26%)

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.