Analysis, BioTech, Diversified Tech, Finance, Mergers & Acquisitions, Semiconductors, Services Sector, Software, Tech IPO, Venture Capital

Manulife’s New Insurance Sales Fall Due to Price Increases

A record level of assets under management and robust wealth product sales drove an 18% increase in Manulife’s MFC first-quarter earnings over first-quarter 2012. On an operating basis, the company earned CAD 619 million in the quarter, or CAD 0.32 per share, meeting our expectations. Core return on shareholders’ equity was 10.6%, consistent with the levels achieved in previous quarters. GAAP income was CAD 540 … Continue reading Manulife’s New Insurance Sales Fall Due to Price Increases

John Meady09/0712/26Leave a comment

business

Matcha: New Scene at the Apple-mistery

Apple has acquired a video discovery and recommendation startup called Matcha.tv, according to a report by VentureBeat. The company had abruptly shut down its service in May, claiming it had plans to take on a new direction, which apparently involved a lucrative deal with a major tech giant. As usual, Apple declined to comment on the aquisition, but a source speaking to VentureBeat says Apple … Continue reading Matcha: New Scene at the Apple-mistery

John Meady08/15Leave a comment

mobile phones

Exclusive: BlackBerry open to going private, sources say

BlackBerry Ltd is warming up to the possibility of going private, as the smartphone maker battles to revive its fortunes, several sources familiar with the situation said.Read More >> Continue reading Exclusive: BlackBerry open to going private, sources say

John Meady08/09Leave a comment