Manulife scores high ahead of earnings report

Manulife Financial Corp. reports its latest earnings on Thursday, and investors will be looking for signs that its focus on growth is starting to pay off. That’s especially the case given that its shares are reflecting a lot of optimism, with gains of more than 75 per cent over the past year. Like other insurers, investors most recently have gravitated to the stock thinking that the company will benefit from the recent rise in interest rates – and expectations that bond yields have further to climb.

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