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OKC- Reuters
Sun Life shares slump after rare profit miss, in start contrast to rival Manulife
Shares of Sun Life Financial slumped on Friday after the Canadian insurer missed quarterly profit estimates as weakness in its dental insurance business hurt its U.S. segment. Sun Life's shares were down nearly 5% on Friday morning while those of bigger rival Manulife were up 1% after hitting a more than 15-year high on Thursday. Sun Life posted its first profit miss in 12 quarters, affected by the sale of Sun Life UK, the end of the COVID-19 public health emergency in the United States, and lower earnings at its wealth and asset management business.
- UGA Wire
Former NFL WR believes Raiders TE Brock Bowers has HOF potential
Dez Bryant says former UGA TE Brock Bowers has NFL HOF potential...
- Yahoo Finance Video
Ford CFO John Lawler to be succeeded by former Lucid exec.
Former Lucid (LCID) Chief Financial Officer Sherry House will succeed Ford (F) CFO John Lawler in his role in early 2025. Yahoo Finance Senior Autos Reporter Pras Subramanian explains Lawler's gradual move into vice chairman at Ford and how his new position could aid Ford in expanding its international business. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.
Golf
Charlotte, NC
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