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.
With Manulife Financial Corp. set to review its actuarial reserve assumptions for its long-term care insurance business again later this year, Canaccord Genuity is warning that the company could easily face a charge in the hundreds of millions.
Manulife Financial Corp. (TSX:MFC)(NYSE:MFC) and Sun Life Financial Inc. (TSX:SLF)(NYSE:SLF) are two of the largest financial services companies in the world, and both of their stocks represent great long-term investment opportunities today.
Barrick Gold Corporation has rallied 2.85% or $0.71 to $25.62 per share on a volume of 1,210,000. Barrick has announced that it will release its second quarter 2016 financial results on July 27th after market close, followed by a conference call and ...