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Manulife Financial Corp. - MFC STOCK NEWS

Welcome to our dedicated news page for Manulife Financial (Ticker: MFC), a resource for investors and traders seeking the latest updates and insights on Manulife Financial.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Manulife Financial's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Manulife Financial's position in the market.

News
Manulife to Release Fourth Quarter and Full Year 2023 Financial Results
Rhea-AI Summary
Manulife Financial Corporation is set to release its fourth quarter and full year 2023 financial results on February 14, 2024. The company will host a live webcast and conference call on February 15, 2024, where the executive leadership team will discuss the results and answer questions from analysts. The archived webcast and call replay will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.5%
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earnings
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News
Manulife Investment Management Publishes Inaugural TNFD Aligned Nature-related Disclosure for Timberland and Agriculture
Rhea-AI Summary
Manulife Investment Management (MFC) has published its inaugural timberland and agriculture nature disclosure, aligned with the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD). The report outlines the responsible approach to stewardship of timberland and agricultural assets, totaling over $15 billion. Manulife IM has supported the TNFD since its early stages, championing the release of the TNFD's final recommendations and reporting framework. The TNFD aims to bring changes to the culture and actions of companies and financial institutions through risk management and mainstream corporate reporting as it relates to nature-related assessment and disclosure. Manulife IM believes independent third-party sustainability certification is a comprehensive mechanism for demonstrating sustainable asset management. Long-term thinking is fundamental to timberland and agriculture investment management, with financial models and asset management plans forecast over 50 years for timberland and 10 to 30 years for agriculture.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.05%
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none
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News
Manulife Announces New Global Longevity Innovation Challenge, in Partnership with the World Economic Forum';s UpLink
Rhea-AI Summary
Manulife announces a new multi-year partnership with UpLink, the World Economic Forum's open innovation platform, to shape the future of longevity innovation and address demographic and financial challenges of global aging. The partnership includes annual Global Longevity Innovation challenges, aiming to promote healthier lifestyles and drive the longevity economy for society's health and well-being. The program will be activated across Manulife's global headquarters in Canada, the U.S., and Asia.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.13%
Tags
partnership
News
Manulife named to 2023 Dow Jones Sustainability North America Index
Rhea-AI Summary
Manulife Financial Corporation (MFC) has been appointed to the Dow Jones Sustainability North America Index (DJSI North America), ranking in the 93rd percentile of its GICS® Industry Group. Manulife is one of only eight insurers across North America to be included in the index, highlighting its leading sustainable business practices and proven ability to deliver long-term shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.53%
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none
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News
Global Atlantic Announces $10 Billion Block Reinsurance Agreement with Manulife Across Both US and Japan Business
Rhea-AI Summary
Global Atlantic Financial Group (GAFG) has signed a $10 billion reinsurance agreement with Manulife Financial Corporation (MFC). This marks the third block transaction between the two companies and showcases Global Atlantic's ability to underwrite, structure, and execute on multiple liabilities across the global insurance market. The agreement will reinsure a seasoned and diversified block of Manulife’s life, annuity, and long-term care insurance business originated in the US and Japan. Global Atlantic will retain the underlying spread-based risks on a subset of the block that involves the LTC business. This deal further solidifies Global Atlantic's position as a reinsurer of choice in the annuity and life insurance marketplace.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.36%
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none
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News
Manulife announces $13 billion reinsurance deal, including $6 billion of long-term care, with Global Atlantic
Rhea-AI Summary
Manulife Financial Corporation (MFC) has agreed to reinsure to Global Atlantic four blocks of legacy/low ROE business, including $6 billion of long-term care reserves, in the largest ever LTC reinsurance transaction. The $1.2 billion capital release will be returned to shareholders via share buybacks, resulting in core EPS and core ROE accretion. The deal is valued at 9.5 times earnings, and the pricing at book value demonstrates the prudence of reserves and the commitment to unlocking shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.26%
Tags
none
News
Manulife Investment Management Announces $1.2 Billion Industrial Recapitalization with Scannell Properties and StepStone Real Estate
Rhea-AI Summary
Manulife Investment Management (MFC) partners with Scannell Properties and StepStone Real Estate in a $1.2 billion venture to recapitalize 35 newly constructed Class A industrial assets in the US, spanning 10.4 million square feet across 17 markets. The partnership aims to leverage the strong industrial sector fundamentals and capture long-term logistics demand.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.35%
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News
Manulife Investment Management to Acquire Multi-Sector Alternative Credit Manager CQS
Rhea-AI Summary
Manulife Investment Management signs agreement to acquire multi-sector alternative credit manager CQS, enhancing global investment solutions. CQS's US$13.5 billion credit platform will be retained, benefiting from Manulife's strong capital base. The acquisition aims to scale distribution and support growth across strategies, while aligning the CQS brand with Manulife's.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.21%
Tags
acquisition
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News
John Hancock Adds New Apple Watch Series 9, Apple Watch Ultra 2 and Apple Watch SE to its Vitality Program
Rhea-AI Summary
MFC: John Hancock Offers Latest Apple Watch Models to Vitality Program Members
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.37%
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none
News
Manulife Investment Management Announces Close on up to $224.5 Million in Commitments to Forest Climate Fund
Rhea-AI Summary
Manulife Investment Management (MFC) Announces Initial Close of Manulife Forest Climate Fund LP, Offering Opportunity to Support Climate Change Mitigation and Sustainable Forest Management
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.59%
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Stock MFC logo
Manulife Financial Corp.

NYSE:MFC

MFC Rankings

#294 Ranked by Market Cap
#1793 Ranked by Stock Gains
#409 Ranked by Dividends

MFC Stock Data

42.15B
1.80B
0.02%
57.08%
0.42%
Direct Life Insurance Carriers
Finance and Insurance
Link
Canada
Toronto

About MFC

Manulife Financial Corporation is a Canadian multinational insurance company and financial services provider headquartered in Toronto, Ontario. The company operates in Canada and Asia as "Manulife" and in the United States primarily through its John Hancock Financial division.