Posted AT 4:04 PM EST on 19/11/09
Manulife: What analysts say, U.S. foreclosure rates rising
Today's top stories from Report on Business : Manulife: What the analysts said Manulife Financial Corp. shares sank on the Toronto Stock Exchange today, a day after Canada's biggest insurance company announced it sold $2.5-billion more in stock to boost capital levels. The shares were sold at $19 each to an underwriting syndicate, marking the second time in less than a year that Manulife tapped the markets.
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