On Monday, Manulife Financial Corporation (USA) (NYSE:MFC)’s shares declined -0.66% to $18.13.
Manulife Financial Corporation declared that its U.S. Division (John Hancock Financial) has successfully accomplished its formerly declared reinsurance transaction through which New York Life has assumed, on a reinsurance basis, a net 60 percent interest in John Hancock’s in-force participating life insurance closed block, which was written prior to John Hancock’s demutualization in 2000. John Hancock will continue to service the policies and there will be no change in contract terms or policyholder benefits as a result of the reinsurance.
The reinsurance transaction was declared on December 23, 2014, together with a contract under which John Hancock would acquire New York Life’s Retirement Plan Services (RPS) business. The acquisition of the Retirement Plans Services business closed on April 14, 2015.
Manulife Financial Corporation, together with its auxiliaries, provides financial protection and wealth administration products and services to individual, corporate, and business customers primarily in Asia, Canada, and the United States. It offers various individual life and health insurance, and individual and group long-term care insurance products through insurance agents, brokers, banks, financial planners, and direct marketing.
Dominion Resources, Inc. (NYSE:D)’s shares dropped -0.52% to $69.29.
Dominion Resources (D) asked the Virginia State Corporate Commission (SCC) for a Certificate of Public Convenience and Necessity to build a $1.3 billion state-of-the-art natural gas-fired power station in Greensville County.
If approved, the high-efficiency, combined-cycle station would generate about 1,600 megawatts, enough electricity to power 400,000 typical homes during peak demand. Construction is planned to start next year pending SCC approval.
The station will have a low carbon intensity because it utilizes clean burning natural gas, combined cycle technology and best accessible control technology to reduce emissions. It will also have lower water usage and a wastewater discharge plan that minimizes the impact to rivers and streams.
Greensville Power Station is part of Dominion’s plan for meeting demanding new air quality and projected carbon dioxide emissions standards while keeping up with growing customer demand for energy. When the station is online in 2019, it will be part of a diverse portfolio that comprises 400 megawatts of planned solar generation, counting zero carbon emission nuclear power.
Dominion Resources, Inc. produces and transports energy in the United States. The company operates through three segments: Dominion Virginia Power (DVP), Dominion Generation, and Dominion Energy. The DVP segment engages in regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina.
At the end of Monday’s trade, Community Health Systems (NYSE:CYH)‘s shares dipped -0.48% to $60.33.
Community Health Systems, Inc. (CYH) declared that it will provide an online Web simulcast and rebroadcast of its second quarter 2015 conference call.
The Company will issue a press release announcing its results on Monday, August 3, 2015, after the regular close of trading. The conference call is planned to start at 10:00 a.m. Central time, 11:00 a.m. Eastern time, on Tuesday, August 4, 2015.
Community Health Systems, Inc., together with its auxiliaries, provides general and specialized hospital healthcare services to patients in the United States. The company operates general acute care hospitals that offer a range of inpatient and outpatient medical and surgical services, such as general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric, and rehabilitation services, in addition to skilled nursing and home care services based on individual community needs.
PerkinElmer, Inc. (NYSE:PKI), ended its Monday’s trading session with -0.06% loss, and closed at $52.25.
PerkinElmer, Inc., (PKI) a global leader focused on improving the health and safety of people and the environment, declared that on Thursday, July 30, 2015, after market close, the Company will release second quarter 2015 results. The Company will also host a conference call the same day at 5:00 p.m. ET to discuss these results. Robert F. Friel, chairman and chief executive officer, and Andy Wilson, senior vice president and chief financial officer, will host the conference call.
PerkinElmer, Inc. provides products, services, and solutions to the diagnostics, research, environmental, industrial, and laboratory services markets worldwide. The company operates through two segments, Human Health and Environmental Health. The Human Health segment develops diagnostics, tools, and applications to assist detect diseases earlier, and to accelerate the discovery and development of critical new therapies.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
