Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Lawyers for ex-Hudson's Bay employees ask court to approve hardship fund [BNN Bloomberg (Canada)]

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: BNN Bloomberg
A motion filed Wednesday by Ursel Phillips Fellows Hopkinson LLP asks the Ontario Superior Court next week to allow for the creation of a hardship fund to help ex-staff struggling with bills and approve an agreement designed to support workers receiving long-term disability benefits. The proposed hardship fund is meant to help former HBC workers and retirees who have been having trouble covering rent, mortgages, utilities, car loans and medical expenses since the department store collapsed last year. If the fund is approved, workers who demonstrate need could receive one-time payments of up to $9,600 and those with medical or other emergencies could be given up to $2,500 extra. Court filings say the fund will get cash from three sources: a Zellers health and welfare trust valued at about $9.9 million, an HBC reserve fund worth about $1.6 million and $250,000 the department store currently has on hand. HBC acquired Zellers, once a discount department store, in 1978 but has sin Show less Read more
Impact Snapshot
Event Time:
MFC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for MFC alerts
Opt-in for
MFC alerts

from News Quantified
Opt-in for
MFC alerts

from News Quantified