TORONTO - Energy exposure hit the bottom line of Manulife Financial Corp. in the fourth quarter, causing the shares to slide by as much as 12 per cent in Thursday trading despite a nine per cent hike in the dividend.
Laura Pedersen/National Post Manulife Financial Corp said the drop in core earnings resulted from limited investment gains in the quarter, higher-than-expected costs of hedging and lower profit from some assets.
Manulife Financial Corp. (TSX:MFC)(NYSE:MFC) CEO appeared at the Scotiabank Financials Summit in early September. The 35-year company veteran stood up and told everyone in the room that Manulife's acquisition binge was coming to an end.
One stock that might be an intriguing choice for investors right now is Manulife Financial Corporation MFC . This is because this security in the Insurance-Life space is seeing solid earnings estimate revision activity, and is in great company from a ...
Manulife Financial Corp (NYSE:MFC) quarterly report can be out around 2016-11-10. While some shareholders readily sell right away when a firm misses target, it's possibly astute to evaluate carefully at why it failed to meet the forecast.