-Manulife Financial Corp. (MFC) doesn’t anticipate running into any resistance from Canada’s top industry regulator if it were to make a big acquisition so long as the risks were appropriate and the funding in place, the life insurer’s top executive said. “We always talk to the regulator about anything that we’re interested in on the [...]
(Dow Jones)–Brazilian stocks tracked global markets Thursday and declined for the first time in three days on disappointing economic data. Brazil’s benchmark Ibovespa index closed 0.5% lower, at 62,104 points, from the previous close of 62,424 on Wednesday. Brazil commodity producers, heavily weighted on the index, fell together with raw materials prices Thursday after Automatic [...]
France Telecom SA (FTE.FR): 1Q Earnings Due: May 3 at 0530 GMT Dow Jones Survey of 6 Analysts Average Ebitda: EUR3.47B down 7.0% (EUR3.73B in 1Q 2011) Average Revenue: EUR10.80B down 3.8% (EUR11.23B in 1Q 2011) Note: Ebitda is likely to have been dented by the competitive pressures from Iliad’s (ILD.FR) mobile service. Although fixed-line [...]
The global economy is facing a difficult recovery, and while the euro-zone debt situation is getting better, uncertainties still abound, China’s foreign minister, Yang Jiechi, said in a statement Saturday. Wrapping up China Premier Wen Jiabao’s eight-day trip in Europe that ended Friday, Yang said there are currently deep and complex adjustments in the global [...]
European stocks are expected to open slightly lower Monday as investors consolidate some of last week’s gains ahead of some key events later in the week, while increased political uncertainty in Europe is expected to weigh on sentiment. With this in mind, Jonathan Sudaria at Capital Spreads called London’s FTSE 100 index to open 25 [...]