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Sun Life Financial Inc
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SLF News30 articles
Canada's C$500B Summit: Bank Financing Dominates Pledges
Canada's summit pledges C$500B, but C$325B is bank financing. TD, Scotiabank, BMO lead; Bell AI hub, Maple Fund included.
Manulife Shares Dip 6% on Q1 Earnings Miss Despite Asia Strength
Manulife Financial Corp (MFC) shares slid nearly 6% after Q1 core earnings missed estimates, even as Asia profits surged 22%. Net income doubled, but Canada and U.S. results weakened.
Samsung Electro-Mechanics Rallies 4% but KB's Target Still 102% Away
Samsung Electro-Mechanics closed 4% higher at KRW1.486m after an 8.3% intraday jump faded. KB Securities forecasts record Q3 operating profit of KRW660.1bn, but its KRW3m target implies 102% upside and hinges on a 17.2% margin.
Suntec REIT Dips on Australian Asset Sale Plan
Suntec REIT slipped 0.7% after unveiling plans to sell three Australian offices valued at S$1.04B, a move that could reduce leverage but sacrifices fully occupied assets.
Suncorp Retains ARMA Amid Debt Recovery Concerns; Investor Focus Shifts to Outsourcing Oversight
Suncorp retains debt collector ARMA after admitting premature recovery action in an AAMI case, raising investor questions about outsourcing controls.
Nissan Commits Up to £170M for Sunderland Kicks e-POWER, Launch Date Undisclosed
Nissan will invest up to £170M to add the Kicks e-POWER hybrid SUV to its Sunderland plant, but without a launch date or volume targets, the impact on utilization remains unclear.
KOSPI Drops 2.18% as Samsung, SK Hynix Lead Tech Selloff
KOSPI fell 2.18% as Samsung and SK Hynix dropped over 3%, pulling the tech-heavy index below 7,000. Rising U.S. yields and oil prices pressure Seoul's semiconductor leaders.
Samsung AI Push Gains Momentum with OpenAI and Mistral Partnerships
Samsung's AI chip efforts expand via OpenAI and Mistral, yet revenue impact remains unclear. Shares rose slightly.
Samsung Fold8 Sales Jump 50% in Europe—But Margins Remain Key
Samsung's Galaxy Z Fold8 and Fold8 Ultra sales in Europe are up 50% versus the Fold7, but shares closed flat. The growth is promising, yet discounts and margin concerns temper enthusiasm.
SUNation Soars 33% on Suniva's $835M Solar Funding Deal
SUNation Energy (SUNE) surged 33% premarket after Suniva announced $835M in financing for a new solar cell plant. However, SUNE holders will own only 1.8% of the merged entity.
Samsung Unveils High-NA EUV DRAM Roadmap with ASML, 2028 Target Set
Samsung's ASML deal outlines a 2028 DRAM scaling goal but doesn't alter near-term outlook. Stock closed at KRW 269,500.
ANZ Begins Suncorp Customer Migration, Synergy Targets Under Scrutiny
ANZ has begun notifying Suncorp Bank customers about their migration to ANZ, with transfers set for 2027. The bank targets AUD 500 million in annual synergies by fiscal 2029.
Samsung Rally Fueled by Memory Boom, Consumer Division Still Bleeding
Samsung's stock rose 3.9% on memory strength, but its device division remains unprofitable. HBM share gains offer hope, but the company's reliance on one segment is risky.
SunPower Shares Tumble 17% Premarket Following 103M Share Dilutive Offering
SunPower (SPWR) fell 17% premarket after announcing a 103.1M share offering at $0.2541. The raise brings $26.2M but dilutes existing shareholders by 49.4%.
Alibaba, Samsung Drag Asian Tech Lower as Capital Plans Disappoint
Asian markets closed lower as Alibaba's $10.2B AI placement and Samsung's buyback plan disappointed investors. BABA ADR fell 8.2% on KASE.
Micron Slips as Samsung's Payout Plan Falls Short, Exposing Crowded Memory Bets
Micron shares dropped 3% premarket after Samsung's dividend news disappointed, exposing crowded memory trades. Analysts still see upside, but NAND supply risks loom.
Samsung Stock Jumps 9.5% as Shareholder Return Plan Sparks Rally
Samsung Electronics' stock surged 9.5%, adding KRW 137.5 trillion to market value, as investors reacted to a proposed shareholder return package exceeding KRW 100 trillion.
Samsung Foundry Price Hike Highlights AI Chip Capacity Crunch
Samsung's foundry price hike of up to 15% signals tight AI chip capacity. TSMC shares remain flat despite strong July revenue growth of 44.7%.
Samsung Slips 2.2% as SK Hynix Gains, AI Rally Tests Korea Risk
Samsung Electronics fell 2.19% while SK Hynix gained 1.03%, a 3.22-point gap underscoring AI-driven divergence amid Korea risk and oil price pressures.
Premium Smartphone Sales Hit Record as Apple and Samsung Dominate
Premium phones priced above $600 reached a record 29% of global unit sales in H1 2026, with Apple and Samsung controlling 84% of the segment, according to Counterpoint.
Netlist Surges 46% on Samsung Deal, Settling IP Disputes
Netlist (NLST) shares surged 46% after a five-year Samsung agreement, including a $239M upfront payment, licensing its patent portfolio and settling disputes.
Samsung's Semiconductor Unit Drives 99.7% of Q2 Profit, Stock Jumps 27%
Samsung's Q2 profit soared, with chips making up 99.7% of operating earnings. The stock jumped 27% on Friday, but analysts warn of concentration risks.
Ulta Beauty's Pacsun Deal Targets Gen Z as Target Partnership Winds Down
Ulta Beauty launches a Pacsun collaboration to court younger shoppers as its Target shop-in-shops close. Analysts assess the impact on sales and profit.
Qantas Project Sunrise Test Flight Success Puts Premium Pricing Strategy to the Test
Qantas cleared a key endurance test for Project Sunrise, but the commercial viability depends on selling 98 premium seats at premium prices.
Qantas Sunrise Test Clears Range Hurdle, Premium Strategy Faces Market Test
Qantas (ASX:QAN) Project Sunrise A350-1000ULR test flight meets range target. Premium seating at 41.2% of capacity; stock fell 3% on day.
Samsung Plunges 13% as Broadcom Deal Tilts Toward Memory Chips
Samsung shares tumbled 13.4% after its $200 billion Broadcom partnership was disclosed as heavily skewed toward memory, disappointing investors expecting a larger foundry win.
Samsung Shares Tumble 7.6% Ahead of Earnings Call Amid Profit Concentration Concerns
Samsung shares dropped 7.6% on Friday to 249,500 won ahead of its July 30 earnings call. The company's Q2 preliminary operating margin is 52.3%, but profit concentration in memory chips and potential phone segment losses raise concerns.
SK hynix and Samsung Rally Masks Broad KOSPI Weakness; U.S. Premium Suggests $246 Billion Valuation Gap
SK hynix and Samsung Electronics rallied, propping up the KOSPI, but the broader market declined. A 27% U.S. premium on SK hynix ADRs points to a $246 billion valuation gap.
FCC Approves Reflect Orbital's First Sunlight-Reflecting Satellite; Startup Eyes 50,000 Satellites by 2035
The FCC has approved Reflect Orbital's first test satellite, Earendil-1, marking a small step toward the startup's goal of deploying 50,000 satellites by 2035 to beam sunlight to Earth.
Virax Biolabs Surges 183% on Exclusive Fosun Supply Pact
Virax Biolabs shares surged 183% after its UK subsidiary inked an exclusive supply deal with Fosun Diagnostics for the ImmuneSelect line, covering six Southeast Asian countries.