Manulife Financial ( MFC ) declares CAD 0.485/share quarterly dividend, in line with previous. Forward yield 3.54% Payable June 19; for shareholders of record May 29; ex-div May 29. See MFC Dividend Scorecard, Yield Chart, & Dividend Growth. More on Manulife Financial Corporation Manulife Financial Corporation (MFC:CA) Presents at 24th Annual Financial Services Conference Transcript Manulife Keeps...
Manulife Financial ( MFC ) declares CAD 0.485/share quarterly dividend, in line with previous. Forward yield 3.54% Payable June 19; for shareholders of record May 29; ex-div May 29. See MFC Dividend Scorecard, Yield Chart, & Dividend Growth. More on Manulife Financial Corporation Manulife Financial Corporation (MFC:CA) Presents at 24th Annual Financial Services Conference Transcript Manulife Keeps The Bulls Coming For Canada's Insurance Giant, As Margins Impress Manulife Financial stock slips as Q1 earnings, core ROE underwhelm Manulife Financial Q1 2026 Earnings Preview Historical earnings data for Manulife Financial Corporation
Shenzhen Adtek Technology Co. is considering an initial public offering in Hong Kong, according to people familiar with the matter, adding to a wave of Chinese listings by businesses related to data centers and artificial intelligence. The provider of optical connectivity products for data centers, networks and telecommunications operators is working with Citic Securities Co. and Jefferies Financi...
Shenzhen Adtek Technology Co. is considering an initial public offering in Hong Kong, according to people familiar with the matter, adding to a wave of Chinese listings by businesses related to data centers and artificial intelligence. The provider of optical connectivity products for data centers, networks and telecommunications operators is working with Citic Securities Co. and Jefferies Financial Group Inc. on the potential share sale, the people said, asking not to be identified because the deliberations are private. Adtek may seek to raise $500 million or more and a valuation of $3 billion to $4 billion, the people said. It could file listing documents as soon as Friday, but details such as value, size and timing haven’t been finalized, they added. A representative for Adtek didn’t respond to a request seeking comment, while Citic and Jefferies declined to comment. Chinese optical stocks have rallied recently on expectations that AI-driven demand will fuel the industry’s next leg of gains. Lightelligence jumped 384% in its trading debut last month after an IPO that raised $323 million. Prior to that, Semight Instruments Co. soared 876% in its Shanghai trading debut . Hong Kong’s market for first-time share sales has powered on, with more than $20 billion raised so far this year, on track to surpass the four-year high of about $37 billion in 2025. Adtek was founded in 2007 and nine years later was named a National High-Tech Enterprise, its website shows . The company also has a factory in Vietnam.
Mechanics Bancorp ( MCHB ) declares $0.70/share quarterly dividend. The company also declares a $7.00 per share dividend of Class B common stock. Both payable May 28; for shareholders of record May 23; ex-div May 21. See MCHB Dividend Scorecard, Yield Chart, & Dividend Growth. More on Mechanics Bancorp Mechanics Bancorp (MCHB) Q1 2026 Earnings Call Transcript Mechanics Bancorp 2026 Q1 - Results - ...
Mechanics Bancorp ( MCHB ) declares $0.70/share quarterly dividend. The company also declares a $7.00 per share dividend of Class B common stock. Both payable May 28; for shareholders of record May 23; ex-div May 21. See MCHB Dividend Scorecard, Yield Chart, & Dividend Growth. More on Mechanics Bancorp Mechanics Bancorp (MCHB) Q1 2026 Earnings Call Transcript Mechanics Bancorp 2026 Q1 - Results - Earnings Call Presentation Mechanics Bancorp outlines $275M-$300M 2027 net income and plans ~$0.70 per share special dividend in Q2 Seeking Alpha’s Quant Rating on Mechanics Bancorp Historical earnings data for Mechanics Bancorp
NanoStockk/iStock via Getty Images Key Takeaways • Markets: Global equity markets generally declined during the first quarter of 2026 (1Q26) amid heightened volatility, as geopolitical tensions and shifting macroeconomic dynamics weighed on investor sentiment. The conflict in the Middle East emerged as a key destabilizing factor, disrupting energy markets and amplifying inflationary pressures glob...
NanoStockk/iStock via Getty Images Key Takeaways • Markets: Global equity markets generally declined during the first quarter of 2026 (1Q26) amid heightened volatility, as geopolitical tensions and shifting macroeconomic dynamics weighed on investor sentiment. The conflict in the Middle East emerged as a key destabilizing factor, disrupting energy markets and amplifying inflationary pressures globally. Value stocks outperformed their growth-oriented peers, reflecting a rotation away from high-valuation-multiple sectors amid rising inflation concerns. Large-capitalization equities generally underperformed those in the mid- and small-cap tiers, as investors sought opportunities in more cyclically sensitive areas of the market. Sector rotation saw commodity-linked industries benefit from higher energy prices, while the information technology ( IT ) and consumer discretionary sectors faced pressure amid concerns over AI-driven disruptions to established business models. • Detractors: Unfavorable stock selection in the consumer discretionary, health care and financials sectors, plus a lack of exposure to consumer staples, materials, real estate and utilities companies. • Contributors: Effective security selection in the semiconductors and semi equipment industry; an underweighted exposure to poor-performing software stocks; and beneficial stock selection among pharmaceuticals companies. • Outlook: We are enthusiastic about current and potential productivity gains from AI as its use cases evolve. Generative and agentic AI continue to advance rapidly, with returns on investment increasingly visible as deployments scale beyond experimentation. Top Equity Issuers (% of Total) Holding Fund NVIDIA CORP ( NVDA ) 12.67 AMAZON. COM INC ( AMZN ) 8.41 ALPHABET INC ( GOOGL ) 6.96 MICROSOFT CORP ( MSFT ) 6.72 BROADCOM INC ( AVGO ) 5.93 META PLATFORMS INC ( META ) 4.62 APPLE INC ( AAPL ) 4.30 TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD ( TSM ) 2.73 TESLA INC ( TSLA ) 2.70 CELESTICA INC ...
Good morning . Donald Trump and Xi Jinping kick off talks. The UK’s ruling party faces a bitter fight. And Big Tech sends Wall Street on a hunt to feed their big debt binge. Listen to the day’s top stories . — Gabrielle Ng Market Snapshot S&P 500 futures 7,488.25 +0.3% Nasdaq 100 futures 29,633.00 +0.5% Euro $1.17 +0.0% WTI crude oil futures $101.18 +0.2% Market data as of 07:33 AM GMT. Data is su...
Good morning . Donald Trump and Xi Jinping kick off talks. The UK’s ruling party faces a bitter fight. And Big Tech sends Wall Street on a hunt to feed their big debt binge. Listen to the day’s top stories . — Gabrielle Ng Market Snapshot S&P 500 futures 7,488.25 +0.3% Nasdaq 100 futures 29,633.00 +0.5% Euro $1.17 +0.0% WTI crude oil futures $101.18 +0.2% Market data as of 07:33 AM GMT. Data is subject to provider delays. Donald Trump and Xi Jinping met in Beijing, with the US president saying ties between the two countries will be “better than ever.” Xi stressed partnership over rivalry, but also warned of risks to their alliance if the issue of Taiwan isn’t handled well. Follow the latest developments here . The Labour Party is headed for a divisive battle over the prime minister’s post. Backers of health secretary Wes Streeting said he’s likely to resign to mount a challenge against Keir Starmer, while former deputy prime minister Angela Rayner is preparing for a potential bid after being cleared of a tax probe. Asian stocks fluctuated , with traders eyeing the Beijing summit for clues on the trajectory of trade ties. Technology shares climbed to a record, following a strong trading session on Wall Street. Check out our Markets Today live blog for all the latest news and analysis relevant to UK assets. The US Senate confirmed Kevin Warsh as chair of the Federal Reserve in the slimmest margin ever for the post. That sets up the most controversial leadership transition at the central bank in decades and a test of its political independence. Meanwhile, the European Central Bank’s June rate hike is becoming less certain . On Wall Street, Big Tech’s $300 billion debt glut is overwhelming bankers, pushing them to hunt for financing in Tokyo and Zurich. Cerebras raised $5.55 billion in the biggest IPO of the year , valuing the chipmaker at about $40 billion. And Elon Musk’s xAI is said to have recruited Apollo and Morgan Stanley to test its Grok chatbot . ECB’s Lagarde ...
Okeanis Eco Tankers ( ECO ) declares $2.00/share quarterly dividend . For NYSE: Payable June 5; for shareholders of record May 28; ex-div May 28. For OSE (Oslo): Payable June 5; for shareholders of record May 28; ex-div May 27. See ECO Dividend Scorecard, Yield Chart, & Dividend Growth. More on Okeanis Eco Tankers Okeanis: Iran Disruption And The Road To A 30%+ Dividend Yield (Rating Upgrade) Okea...
Okeanis Eco Tankers ( ECO ) declares $2.00/share quarterly dividend . For NYSE: Payable June 5; for shareholders of record May 28; ex-div May 28. For OSE (Oslo): Payable June 5; for shareholders of record May 28; ex-div May 27. See ECO Dividend Scorecard, Yield Chart, & Dividend Growth. More on Okeanis Eco Tankers Okeanis: Iran Disruption And The Road To A 30%+ Dividend Yield (Rating Upgrade) Okeanis Eco Tankers: Stronger Fundamentals, But Now A Geopolitical Trade Okeanis Eco Tankers Corp. (ECO) Presents at DNB Carnegie Energy & Shipping Conference - Slideshow Okeanis Eco Tankers GAAP EPS of $2.31 beats by $0.57, revenue of $170.2M beats by $34.89M Okeanis Eco Tankers Q1 2026 Earnings Preview
Florida Gov. Ron DeSantis (R) said Tuesday that he remains opposed to electric vehicle mandates but praised Tesla Inc.'s (NASDAQ:TSLA) vehicles as "absolutely top-notch products," crediting the company's technology and performance for building a loyal customer base. DeSantis Praises Tesla While Rejecting Mandates DeSantis made the comments in an exchange on X after a user responded to an earlier p...
Florida Gov. Ron DeSantis (R) said Tuesday that he remains opposed to electric vehicle mandates but praised Tesla Inc.'s (NASDAQ:TSLA) vehicles as "absolutely top-notch products," crediting the company's technology and performance for building a loyal customer base. DeSantis Praises Tesla While Rejecting Mandates DeSantis made the comments in an exchange on X after a user responded to an earlier post about Tesla's autonomous technology. "I've always opposed EV mandates, rejected the idea that EV
(RTTNews) - Honda Motor Co. (HMC) posted a loss for the year attributable to owners of the parent of 423.9 billion yen, compared to profit of 835.8 billion yen, last year. Loss per share was 106.06 yen compared to profit of 178.93 yen. Operating loss was 414.3 billion yen, compar
(RTTNews) - Honda Motor Co. (HMC) posted a loss for the year attributable to owners of the parent of 423.9 billion yen, compared to profit of 835.8 billion yen, last year. Loss per share was 106.06 yen compared to profit of 178.93 yen. Operating loss was 414.3 billion yen, compar
India is considering a significant reduction in the taxes paid by foreign investors on the nation’s bonds as authorities seek to align policies with global norms and attract inflows, according to people with knowledge of the matter. The Reserve Bank of India recommended the move, which is being seriously considered by the Finance Ministry, the people said, asking not to be identified as the detail...
India is considering a significant reduction in the taxes paid by foreign investors on the nation’s bonds as authorities seek to align policies with global norms and attract inflows, according to people with knowledge of the matter. The Reserve Bank of India recommended the move, which is being seriously considered by the Finance Ministry, the people said, asking not to be identified as the details are private. Deliberations to ease the tax burden have gathered pace as authorities try to curb the rupee’s depreciation, they added. The Finance Ministry and the Reserve Bank of India didn’t respond to emails seeking comment. The rupee reversed losses while bonds gained on the news. The 10-year yield fell as much as five basis points to 7%. Policymakers have so far taken defensive steps to stem the currency’s slide, such as limiting the size of trading positions. Luring capital inflows becomes necessary to help fund a larger import bill as the Iran war raises oil prices. The rupee is Asia’s worst currency performer so far in 2026, down over 6% against the dollar. Overseas buyers have to pay both short-term and long-term capital gain taxes, depending on their jurisdiction. India has agreements with dozens of countries which allows some to benefit from lower rates. Interest income on coupon payments is taxed at around 20%. Foreign investors used to pay just a 5% tax on interest earned, but that dispensation ended in 2023. The cohort have been vocal about the high level of taxes they face in India, compared with other emerging markets like Indonesia, Malaysia, Mexico and South Africa. Foreigners hold just 3% of the $1.3 trillion market, despite the fact Indian government bonds are now included in widely followed indexes like those from JPMorgan Chase & Co. and FTSE Russell. Longer term, aligning taxation policies with global markets is seen as helping Prime Minister Narendra Modi achieve his goal of making India a developed nation by 2047.
Tamer Soliman/iStock via Getty Images New all-time highs for Silvercorp Metals ( SVM ) in yesterday’s session, May 11, coincided with a new push in silver, which closed near $84, possibly driven by the stalemate in negotiations between the U.S. and Iran around the Strait of Hormuz. The feeling so far in 2026 for the stock is positive, considering that YTD, it has practically doubled its market val...
Tamer Soliman/iStock via Getty Images New all-time highs for Silvercorp Metals ( SVM ) in yesterday’s session, May 11, coincided with a new push in silver, which closed near $84, possibly driven by the stalemate in negotiations between the U.S. and Iran around the Strait of Hormuz. The feeling so far in 2026 for the stock is positive, considering that YTD, it has practically doubled its market value, and the current silver cycle seems likely to remain active, as I have already discussed in some of my previous articles. So there are few doubts around this point. However, there is something I expect from the results this coming Monday, May 25 , and that is that although the operating numbers are going to be practically the best in the company’s history, with record revenue of $438M (+47% YoY) in a fourth quarter that has grown by around +96%, I almost certainly expect a net loss in GAAP terms. This is already known, and it is not because of the business, but because of the $150M convertible bond , which creates a non-cash accounting charge and grows precisely when the stock rises. Without going any further, in the first nine months of the fiscal year, the company had already accumulated an $118M charge. In other words, with income from mine operations in those nine months of $153M and adjusted net income of $108M, GAAP net income attributable to shareholders came in at -$9.2M. So that derivative consumed everything generated by the business, turning a year of profits into losses. Even so, and as a spoiler, I do not think this is enough for the market to ignore all the catalysts around SVM, and in this article, I am going to mention some of the ones I consider most relevant. Why $12.86 Is the Real Story Now it is important to remember where SVM sits in the value chain, because for me, and I repeat this again, its positioning is genuinely good. I will start with the Ying Mining District in Henan province, which contributes practically 90% of current revenues. This distr...
Taiwan's Foxconn, the world's largest contract electronics maker, reported on Thursday an 18.5% rise in first-quarter profit, beating analyst forecasts. Net profit for January-March for Nvidia's biggest server maker and Apple's top iPhone assembler was T$49.92 billion, versus an LSEG consensus estimate of T$48.88 billion and compared with T$42.12 billion a year earlier.
Taiwan's Foxconn, the world's largest contract electronics maker, reported on Thursday an 18.5% rise in first-quarter profit, beating analyst forecasts. Net profit for January-March for Nvidia's biggest server maker and Apple's top iPhone assembler was T$49.92 billion, versus an LSEG consensus estimate of T$48.88 billion and compared with T$42.12 billion a year earlier.