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Ergo, Manulife in talks to acquire stake in IndiaFirst

17h livemint
Mumbai: Global insurance firms Ergo International AG and Manulife Financial Corp. have started separate discussions to acquire a 26% stake in IndiaFirst Life Insurance Co. Ltd, according to two people aware of the development. (5-0)

Deals Buzz: Italy’s Atlantia in talks with IRB Infra to acquire road assets in $2 billion deal

17h livemint
Mumbai: Mint brings to you your daily dose of top deals reported by newsrooms across the country. (5-0)

CANADA STOCKS-TSX flat as Corus, Klondex fall; resources stocks gain

2018-01-10 reuters
TORONTO, Jan 10 (Reuters) - Canada’s main stock index hovered around unchanged in morning trade on Wednesday, pressured by slumps in media company Corus Entertainment Inc and miner Klondex Mines Ltd but buoyed by gains among other miners, financial stocks and some energy companies. (8-0)

AIG Goes From Lifeline to the Deal Frontline - Bloomberg Gadfly

2018-01-09 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (139-0)

Reinsurance Group's Unit to Improve Services With Buyout

2018-01-09 zacks
Reinsurance Group of America, Incorporated’s (RGA - Free Report) innovation accelerator and a wholly owned subsidiary, RGAx, has recently inked a deal to purchase LOGiQ3 Inc. The buyout will bring together the business platforms of the acquired company and that of RGAx, which in turn is anticipated to serve the clients more efficiently across the industry value chain by making the insurance procedure much simpler. (43-0)

CANADA STOCKS-TSX slips as gold, financial shares weigh; pot stocks bounce

2018-01-08 reuters
TORONTO, Jan 8 (Reuters) - Canada’s main stock index retreated on Monday as shares of some materials and financial services companies weighed, offset by gains for marijuana producers. (36-0)

CANADA STOCKS-TSX edges up as financials rise, marijuana stocks pull back

2018-01-04 reuters
TORONTO, Jan 4 (Reuters) - Canada’s main stock index rose on Thursday to a record high as the financial and industrial sectors climbed, while shares of energy and marijuana producers pared some recent gains. (24-0)

CANADA STOCKS-TSX near flat as financials rise, marijuana producers pull back

2018-01-04 reuters
TORONTO, Jan 4 (Reuters) - Canada’s main stock index was little changed on Thursday as the financial and industrial groups climbed, while shares of energy and marijuana producers pared some recent gains. (24-0)

AON Seals Townsend Acquisition, Boosts Investment Business

2018-01-04 zacks
Aon plc (AON - Free Report) recently completed the acquisition of Townsend Group, which provides advisory service on $175.7 billion in global assets and manages $14.5 billion in assets. (402-0)

Sun Life Financial's (SLF) Unit Closes Excel Funds Buyout

2018-01-04 zacks
Sun Life Financial Inc. (SLF - Free Report) announced that its unit Sun Life Global Investments (Canada) Inc. has closed the buyout of both Excel Funds Management Inc. and Excel Investment Counsel Inc., collectively referred to as Excel Funds. The acquisition will expand the company’s wealth management business in Canada. The transaction was announced on Sep 7 last year. Sun Life is aggressively trying to grow its Global Asset Management Business, which has been witnessing a growing asset base for the past many quarters. (377-0)

Intercontinental Exchange Completes Buyout, Boosts Portfolio

2018-01-03 zacks
Intercontinental Exchange, Inc. (ICE - Free Report) has recently completed the buyout of Virtu BondPoint from Virtu Financial for an aggregate amount of $400 million in cash. The buyout will enable the acquirer to boost fixed income execution services as well as extend and further strengthen its capability to cater to the growing global demand for efficiency and information. Details of the Transaction On Oct 24, 2017, Intercontinental Exchange inked a deal with Virtu Financial to purchase Virtu BondPoint. (54-1)

Enstar Group (ESGR) to Gain From Pavonia Holdings' Sale

2018-01-03 zacks
Enstar Group Limited recently completed the transaction of divesting its subsidiary, Pavonia Holdings (US), Inc. to a unit of Global Bankers Insurance Group, the insurance and reinsurance group of companies of Eli Global, LLC. Earlier announced on Feb 17, 2017, this transaction was completed for an aggregate amount of $120 million. Apart from owning Enstar Life (US), Inc., a subsidiary of Enstar Group, Pavonia Holdings also owns Pavonia Life Insurance Company of Michigan and Pavonia Life Insurance Company of New York. (26-1)

Is Manulife Financial (MFC) a Great Stock for Value Investors?

2017-12-27 zacks
Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value? One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process. (5-0)

PRA Health (PRAH) Hits 52-Week High on Multiple Positives

2017-12-26 zacks
Shares of PRA Health Sciences, Inc. (PRAH - Free Report) rallied to a new 52-week high of $92 on Dec 22, closing the session nominally lower at $91.53. This represents a strong year-to-date return of approximately 23.9%, higher than the S&P 500’s 6.8%. The stock sports a Zacks Rank #1 (Strong Buy). Taking the stable stock performance into consideration, we expect PRA Health stock to scale new highs in the quarters ahead. (68-0)

Credit Suisse to Take a Big One-Time Hit From Tax Overhaul

2017-12-26 zacks
President Trump’s recently implemented tax bill has put Credit Suisse Group AG (CS - Free Report) at risk of reporting the third consecutive annual net loss in 2017 as it expects $2.3 billion as a one-time charge. Notably, the figure exceeds its previous estimate of CHF2.1 billion given earlier this month. (127-0)