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Stock impact report

Manulife Is Looking Like A Promising Turnaround Story [Seeking Alpha]

Manulife Financial Corporation (MFC) 
Last manulife financial corporation earnings: 2/12 05:00 pm Check Earnings Report
US:NYSE Investor Relations: manulife.com/investor-relations
Company Research Source: Seeking Alpha
Manulife Is Looking Like A Promising Turnaround Story Investment Case Manulife Financial Corporation ( MFC Company Profile Trading as MFC on the TSX, NYSE & HKEX, Manulife Financial is a leading financial services company serving the investment and insurance needs of 26 million customers around the world. Over the last 131 years, Manulife has grown to become one of the top ten global insurers with $1.1T CAD or $828B USD in assets under management. In addition to a substantial Wealth & Asset Management business, the firm operates insurance businesses as John Hancock in the U.S. and Manulife in Canada and Asia. Image: Manulife Tower Hong Kong, Source: Results Despite a 13% improvement in Q3 2018 reported net income over the same period in 2017, Manulife shares posted a negative total return of 22.7% in 2018. In the three quarters ending September 30th 2018, Manulife posted a 27% increase in core earnings with strong growth coming from U.S., Asian and Wealth & Asset Management divisions. Show less Read more
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