Manulife Financial Corp
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With reassurances that the Fed will keep on easing, markets turn their attention to the European Central Bank Thursday, hoping for a rate cut.
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BOSTON, May 7- Kenneth Feinberg, America's Solomon of catastrophe compensation, spoke in Boston on Tuesday on how the city can navigate what he called the biblical choices in getting money to victims of the April 15 bombings.
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BOSTON, May 7- Kenneth Feinberg, America's Solomon of catastrophe compensation, spoke in Boston on Tuesday on how the city can navigate what he called the biblical choices in getting money to victims of the April 15 bombings.
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May 3- Manulife Financial Corp:. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
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*Eldorado Gold Corp posted a first-quarter loss on Thursday, hit by $125.2 million charge related to a change in the Greek tax rate. *Fairfax Financial Holdings Ltd, run by investment guru Prem Watsa, unexpectedly rebounded to a profit in the first quarter, helped by strong underwriting results and investment gains.
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May 3- Manulife Financial Corp:. *TD Securities raises target price to C $17.50 from C $17; rating buy. Reuters Station users, click. 1568.
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May 3- Manulife Financial Corp:. *CIBC raises price target to $17 from $16; rating sector outperformer. Reuters Station users, click. 1568.
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May 3- Manulife Financial Corp:. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
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*TSX rises 58.35 points, or 0.47 percent, to 12,379.64. TORONTO, May 2- Financial shares pushed Canada's main stock index higher on Thursday after the European Central Bank cut interest rates and insurers Manulife Financial Corp.
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TORONTO, May 2- Canada's main stock index rose on Thursday, led by financial stocks, on optimism following encouraging earnings reports from Manulife Financial Corp. and Great West Life and a move by the European Central Bank to cut interest rates. The Toronto Stock Exchange's S&P/TSX composite index.
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Slaughter will start at Lazard on June 3. Jim Voorheis, a 23- year investment banking veteran who was most recently a managing director at Deutsche Bank, will start his new position heading up specialty finance investment banking in July.
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TORONTO, May 2- Canada's top life insurer, Manulife Financial Corp, reported a 56 percent drop in profit in the first quarter, while earnings at rival Great-West Lifeco Inc rose 15 percent as both companies met expectations in a tough market. Net income fell to C $540 million, or 28 Canadian cents a share, from C $1.22 billion, or 63 Canadian cents a share, a year earlier.
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May 2- Manulife Financial Corp:. *Announces new chair of the board and committee chairs. *Says election of Richard B. Dewolfe as chairman of the board, effective.
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TORONTO, May 2- Canada's main stock index was little changed on Thursday as weakness in some healthcare and material stocks after weak earnings reports offset optimism following a move by the European Central Bank to cut interest rates. The market was disappointed by results from Goldcorp Inc.
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Wall Street was set to open slightly higher Thursday as an interest rate cut from the European Central Bank and better-than-expected weekly jobless claims data in the U.S. boosted investors' appetite for risky assets. **GENERAL MOTORS CO, Wednesday close $30.18, up 4 pct premarket. **VISA INC, Wednesday close $166.02, up 3 pct premarket.
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**GENERAL MOTORS CO, Wednesday close $30.18, up 4 pct premarket. **SEAGATE TECHNOLOGY, Wednesday close $36.94, up 4 pct premarket. **FACEBOOK INC, Wednesday close $27.43, up 2 pct premarket.
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May 2- Canada's main stock index is set to open higher after the European Central Bank cut interest rates by 25 basis points as inflation in the euro zone fell below its target. *Catamaran Corp reported a higher-than-expected first-quarter profit, helped by the $4.4 billion acquisition of rival Catalyst Health Solutions.
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**GENERAL MOTORS CO, Wednesday close $30.18. **MANULIFE FINANCIAL CORP, Wednesday close $14.65. **ACTAVIS INC, Wednesday close $104.39.
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May 2- Manulife Financial Corp, Canada's largest insurer, reported a lower first-quarter profit on weak insurance sales and higher expenses.
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With reassurances that the Fed will keep on easing, markets turn their attention to the European Central Bank Thursday, hoping for a rate cut.
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-1100 Sino Oil and Gas Holding Ltd. China Orient Asset Management Holding Ltd to hold a news briefing to discuss the recent issue of convertible bonds. -Elec& Eltek International Co Ltd.