|Bid||24.25 x 0|
|Ask||24.35 x 0|
|Day's Range||24.11 - 24.41|
|52 Week Range||18.33 - 25.18|
|Beta (3Y Monthly)||1.64|
|PE Ratio (TTM)||8.52|
|Earnings Date||Nov 6, 2019|
|Forward Dividend & Yield||1.00 (4.12%)|
|1y Target Est||29.07|
Portfolio managers Howard Greene and Jeff Given bring more than 50 years of combined experience to their disciplined investment process TSX/NYSE/PSE: MFC SEHK: 945 BOSTON , Oct. 18, 2019 /PRNewswire/ ...
World-class money managers like Ken Griffin and Barry Rosenstein only invest their wealthy clients' money after undertaking a rigorous examination of any potential stock. They are particularly successful in this regard when it comes to small-cap stocks, which their peerless research gives them a big information advantage on when it comes to judging their worth. […]
A look at the shareholders of Manulife Financial Corporation (TSE:MFC) can tell us which group is most powerful...
BOSTON, Oct. 3, 2019 /PRNewswire/ - John Hancock announced today it is expanding its Apple Watch program to include the new Apple Watch Series 5. Beginning this fall, customers can earn the watch through the John Hancock Vitality Program for just $25, simply by being more active. "Today's announcement further cements our commitment to motivate and inspire customers to both protect their financial futures and live longer, healthier lives," said Brooks Tingle, president and CEO of John Hancock Insurance.
(Bloomberg) -- Saudi Aramco will kick off its much-anticipated initial public offering next month as the oil giant recovers faster than expected from the biggest terror attacks in its history.The state-run company plans to announce its intention to float around Oct. 20, according to people with knowledge of the matter. The firm, which is holding analyst meetings from Wednesday, is targeting a valuation of at least $2 trillion -- more than double that of Apple Inc.Aramco’s listing on the Saudi stock exchange could take place as early as November, though the timetable hasn’t been finalized, one of the people said, asking not to be identified because the information is private.. The IPO preparations come as the company took its production capacity back above 11 million barrels a day, beating its own target by about a week, other people said.Flat OutBanks are working flat out to get the mammoth IPO done after drone and missile attacks on two Aramco facilities on Sept. 14 caused a record surge in oil prices and risked delaying the deal for a second time. A $2 trillion valuation would make Aramco’s the world’s most valuable firm and mark a victory for the offering’s architect, Crown Prince Mohammed Bin Salman, who first mooted the idea in 2016. Some analysts see a $1.5 trillion valuation as more realistic.“Aramco seems to be making all efforts to restore full production as soon as possible, both to reassure its clients that it is a reliable supplier and to avoid any IPO delays,” said Richard Segal, a London-based senior emerging-markets analyst at Manulife Asset Management. “Listing in a couple months is realistic on the assumption that the paperwork is ready. They’ve had plenty of time for this.”The eventual timing of the share sale and other details will depend on market conditions and investor demand, the people said. Aramco didn’t immediately respond to requests for comment.Analyst MeetingsMore than 100 investment bankers, government officials and Aramco executives are gathering for two days of analyst presentations at the company’s headquarters in Dhahran in the kingdom’s Eastern Province, the people said. Members of Aramco’s management are presenting to banks’ research teams and global coordinators are briefing executives at the firm, they said.At the same time, Aramco has been working hard to restore total production capacity, while maintaining normal supplies to customers by tapping inventories and ramping up other fields. The state-run company has now restored production at the Abqaiq processing facility and Khurais oil field to levels seen before the attack, according to people with knowledge of the situation.(Updates with analyst quote in fifth paragraph.)To contact the reporters on this story: Matthew Martin in Dubai at email@example.com;Dinesh Nair in London at firstname.lastname@example.org;Archana Narayanan in Dubai at email@example.com;Anthony DiPaola in Dubai at firstname.lastname@example.orgTo contact the editors responsible for this story: Ben Scent at email@example.com, Stefania Bianchi, Shaji MathewFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
The asset and wealth arm of Canada's Manulife Financial Corporation said on Monday it had opened an office in Ireland to expand its European operations and as part of planning for Britain's exit from the European Union. Banks, insurers and asset managers have been opening offices, hiring staff and moving capital to various locations across the trade bloc to ensure they can continue to serve clients in the event Britain leaves the EU without an exit deal. Currently staffed by four employees, Manulife Investment Management's Dublin office plans to hire two more people over the next six to nine months.
LONDON, Sept. 23, 2019 /CNW/ - Manulife Investment Management today announced the establishment of an office in Dublin, Ireland. The new office is part of a strategic expansion of Manulife's Wealth & Asset Management business. Together with other offices in the region, the new entity will provide centralized oversight for Manulife's UCITS platform and support the firm's clients in the Americas, EMEA and Asia, as well as provide risk mitigation for uncertainties caused by Brexit.
Manulife Financial Corporation (TSE:MFC) saw a double-digit share price rise of over 10% in the past couple of months...
TSX/NYSE/PSE: MFC SEHK: 945 BOSTON , Sept. 17, 2019 /PRNewswire/ - John Hancock Retirement ("John Hancock") announced today it has signed an agreement with Morningstar Investment Management ...
Pursuant to the NCIB, the Fund proposes to purchase through the facilities of the TSX, from time to time, if it is considered advisable, up to 423,340 Class A Units of the Fund, representing 10% of the public float, which is the same number as the Fund's issued and outstanding Class A Units, being 4,233,400 Class A Units as of the close of business on September 3, 2019 . Purchases of Class A Units under the NCIB may commence on September 17, 2019 . Manulife Investment Management Limited, the manager of the Fund, believes that such purchases are in the best interests of the Fund and are a desirable use of the Fund's assets.
CHARLOTTE, N.C. , Sept. 6, 2019 /PRNewswire/ -- Duke Energy (NYSE: DUK) today completed its previously announced sale of a minority interest in a portion of its commercial renewable energy portfolio owned ...
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Sept. 4, 2019 /PRNewswire/ - Roy Gori , President and Chief Executive Officer of Manulife, will speak ...
Hedged Equity & Income Fund (the "Fund") declared its quarterly distribution pursuant to the Fund's managed distribution plan (the "HEQ Plan"). Under the HEQ Plan, the Fund makes quarterly distributions in a fixed amount of $0.3760 per share, which will be paid quarterly until further notice. Distributions under the HEQ Plan may consist of net investment income, net realized long-term capital gains, net realized short-term capital gains and, to the extent necessary, return of capital.
BOSTON, Aug. 30, 2019 /PRNewswire/ - John Hancock Premium Dividend Fund (NYSE:PDT) (the "Fund"), a closed-end fund managed by John Hancock Investment Management LLC and subadvised by Manulife Investment Management (US) LLC, announced today sources of its monthly distribution of $0.0975 per share paid to all shareholders of record as of August 12, 2019, pursuant to the Fund's managed distribution plan. This notice provides shareholders of the John Hancock Premium Dividend Fund (NYSE:PDT) with important information concerning the distribution declared on August 1, 2019, and payable on August 30, 2019.