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Stock impact report

TSX extends gains on strong Canada Goose earnings [Financial Post (Toronto, Ontario, 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: Financial Post
Advertisement Canada is expected to release inflation data early next week. At 9:59 a.m. ET (1359 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 170.38 points, or 0.86%, at 20,056.32. The index breached 20,000 points for the first time since June. “What we’re seeing in the markets today is continued gains following yesterday’s consumer price inflation report, a sense that perhaps maybe the Central bank in the U.S. doesn’t have to tighten as quickly as they have previously,” said Colin Cieszynski, chief market strategist at SIA Wealth Management. Element Fleet Management Corp jumped 13% after the fleet management firm also beat earnings estimates, while the financials sector gained 0.9%. Keeping gains in the sector in check was a 0.2% decline in shares of Canada’s largest life insurer Manulife Financial Corp, which reported only a marginal beat in earnings expectations. Luxury goods company Canada Goose jumped 10% on strong quarterly results, benefiting from in Show less Read more
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