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Sun Life Financial, Inc. - SLF STOCK NEWS

Welcome to our dedicated news page for Sun Life Financial (Ticker: SLF), a resource for investors and traders seeking the latest updates and insights on Sun Life 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 Sun Life 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 Sun Life Financial's position in the market.

News
Sun Life: Tax credit legislation gives boost to paid leave and businesses should embrace that
Rhea-AI Summary
The Paid Family and Medical Leave Tax Credit Extension and Enhancement Act aims to make it easier for employers to offer paid leave benefits, enhancing talent recruitment and retention. Sun Life U.S. supports the legislation and offers generous paid leave programs to its employees, advocating for broader access to paid leave for all workers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.67%
Tags
none
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News
Sun Life U.S. now offers Family Leave Insurance to help more workers access paid leave benefits to care for loved ones
Rhea-AI Summary
Sun Life U.S. introduces Family Leave Insurance (FLI) in select states to provide paid leave benefits, aligning with legislative proposals for employer paid leave tax credits. The offering aims to bridge the gap for employers without government programs, enhancing talent recruitment and retention.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.49%
Tags
none
-
News
Sun Life declares dividends on Common and Preferred Shares payable in Q1 2024
Rhea-AI Summary
Sun Life Financial Inc. (SLF) has declared a dividend of $0.78 per share on its common shares, payable on March 28, 2024, to shareholders of record on February 28, 2024. The same amount has been paid in the previous quarter. Additionally, dividends have been declared on the Company's Class A Non-Cumulative Preferred Shares, with varying amounts per share. The company has also designated the dividends as eligible dividends for the purposes of the Income Tax Act (Canada).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
Tags
dividends earnings
News
Sun Life Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Sun Life Financial Inc. (SLF) reported a strong fourth quarter and full year for 2023, with underlying net income of $983 million and a 10% increase from Q4'22. Wealth & asset management underlying net income was $439 million, up 7%, while Group - Health & Protection underlying net income was $365 million, up 14%. Reported net income decreased by 36% from Q4'22, but CEO Kevin Strain remains optimistic about the company's performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
Tags
earnings
-
News
Sun Life partners with Somatus to provide comprehensive services for late-stage kidney disease and cardiovascular care
Rhea-AI Summary
Sun Life U.S. has named Somatus as a preferred partner to deliver a unique and coordinated care model for Sun Life's stop-loss members with late-stage kidney disease and heart disease. The partnership aims to improve patient care, reduce costs, and provide personalized care plans for Sun Life's clients. Somatus' innovative care model leverages AI-driven technology and has shown proven outcomes of 17% reduction in medical expenses and 31% reduction in clinically avoidable hospitalizations in the Medicare Advantage space.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.43%
Tags
partnership
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News
Sun Life diabetes "Team Up" grant program relaunches as "Health Access" program, recognizing community organizations that broaden access to health services
Rhea-AI Summary
Sun Life U.S. is re-launching its grant program in 2024, aiming to support organizations that promote financial wellness and empowerment. The program will provide grants of up to $100,000 to nonprofits focused on addressing financial literacy, health, and inclusion. This initiative aligns with Sun Life's commitment to corporate social responsibility and community impact, further enhancing its reputation and brand image.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.6%
Tags
none
News
Sun Life U.S. expands Health Navigator offering to group benefits clients to help more workers access healthcare
Rhea-AI Summary
Sun Life U.S. expands healthcare navigation and advisory service to the large employer group benefits market, offering personalized guidance for medical care. Health Navigator, powered by PinnacleCare, aims to improve health outcomes for employees.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.04%
Tags
none
-
News
Sun Life hosts fourth quarter 2023 earnings conference call
Rhea-AI Summary
Sun Life Financial Inc. (SLF) is set to release its fourth quarter 2023 financial results on February 7, 2024, followed by an earnings conference call and live webcast on February 8, 2024. The company's stock ticker symbols are TSX: SLF and NYSE: SLF.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.53%
Tags
earnings
-
News
Sun Life receives workplace recognition awards from TIME and Forbes
Rhea-AI Summary
Sun Life U.S. has received multiple workplace recognitions, including being named one of TIME Magazine's Best Employers for Future Leaders and one of Forbes' World's Top Companies for Women in 2023. The company has also received top workplace awards from various publications and has been recognized for its support of women in the workplace.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.3%
Tags
none
News
Sun Life named a #GirlsClub Top 25 Company Where Women want to Work for second consecutive year
Rhea-AI Summary
Sun Life U.S. (SLF) has been recognized as a 2023 Top 25 Company Where Women want to Work by Girls Club, with over 71% female employees and 38% in executive roles. The company is committed to gender parity at VP level positions and above by 2025. Sun Life U.S. offers generous paid family and medical leave benefits, flexible work culture, and various Inclusion Networks, including Bright Women, to support an inclusive environment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.1%
Tags
none
Stock SLF logo
Sun Life Financial, Inc.

NYSE:SLF

SLF Rankings

#386 Ranked by Market Cap
#1659 Ranked by Stock Gains
#491 Ranked by Dividends

SLF Stock Data

29.88B
584.16M
0.03%
55.87%
0.34%
Direct Life Insurance Carriers
Finance and Insurance
Link
Canada
Toronto

About SLF

sun life financial is a leading financial services organization dedicated to helping customers achieve lifetime financial security. we provide a wide range of insurance and investment products and services in key markets around the world including canada, the united states, the united kingdom, hong kong, the philippines and indonesia. at sun life, we have more than 15,000 employees and 12,000 advisors.