Manulife reports first-quarter net income of $866 million

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Manulife reports first-quarter net income of $866 million
Manulife Financial CorpQuarter EarningsNet Income
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TORONTO — Manulife Financial Corp. says first quarter earnings were down from last year because of the effects of a major reinsurance deal. The insurance...

TORONTO — Manulife Financial Corp . says first quarter earnings were down from last year because of the effects of a major reinsurance deal.

It says the results include the $800 million impact from a $13-billion reinsurance deal with Global Atlantic that it says included the largest long-term reinsurance deal in history. Want a great growth stock to buy and hold for decades? You may want to consider this ridiculously undervalued growth stock. The post 1 Ridiculously Undervalued Growth Stock Down 65% to Buy Hand Over Fist appeared first on The Motley Fool Canada.It has been a strong year for many TSX stocks. However, there are group of dividend stocks that you just don't want to touch right now. The post 3 TSX Stocks I Wouldn’t Touch With a 10-Foot Pole appeared first on The Motley Fool Canada.

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