The collapse in oil prices has already taken a toll on Manulife Financial Corp., but one analyst is warning that more pain may be coming and analysts' fourth-quarter earnings estimates don't appear achievable.
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, providing both insurance and wealth management products and services.
Manulife slashed its dividend in half and raised $2.5 billion through an equity issue in order to shore up its balance sheet during the financial crisis. The company was on the defensive as its stock dropped from $40 per share to about $10 during the ...
Manulife Financial Corp. (TSX:MFC)(NYSE:MFC) lost a lot of friends when it cut its dividend during the financial crisis. The company has worked hard in recent years to right the ship, and the return to dividend growth is starting to bring investors ...
The insurance industry is a crowded one for the current crop of companies. Manulife Financial Corp. (TSX:MFC)(NYSE:MFC) is the largest insurer in the country and is constantly looking for new revenue sources to expand into.
Manulife Financial Corp. (TSX:MFC)(NYSE:MFC) got hurt badly in the financial crisis. It was forced to dilute investors to raise $2.5 billion, and it had no other choice than to cut the dividend right down the middle.
Manulife Financial Corp. (TSX:MFC)(NYSE:MFC), one of the world's largest financial services companies and one of the 10-largest life insurers by market capitalization, has disappointed investors in 2015.