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TORONTO, Feb. 10, 2017 (Canada NewsWire by passage of COMTEX) -- TSX/NYSE/PSE: MFC SEHK:945C$ except otherwise brought up
Manulife pecuniary commerce enterprise ("Manulife") these days introduced that it doesn't intend to exercise its commandeer to redeem any or any of its currently magnificent 10,000,000 Non-cumulative cost Reset sort 1 Shares sequence 7 (the "sequence 7 favored Shares") (MFC.PR.H) on March 19, 2017. because of this, province to inescapable circumstances described within the prospectus complement dated February 14, 2012 relating to the issuance of the sequence 7 favored Shares (the "Prospectus"), the holders of the sequence 7 favored Shares hold the correct, at their alternative, to transform any or a Part of their sequence 7 preferred Shares on a one-for-one groundwork into Non-cumulative Floating cost category 1 Shares chain 8 of Manulife (the "sequence eight favourite Shares") on March 19, 2017. a formal observe of the commandeer to transfigure sequence 7 favorite Shares into chain eight favorite Shares could live despatched to the registered holders of the chain 7 favored Shares in accordance with the percentage situations of the sequence 7 favourite Shares. Holders of chain 7 favored Shares are not required to resolve on to transfigure any or any a Part of their sequence 7 favored Shares into chain 8 preferred Shares. Holders who don't undertaking their commandeer to transform their collection 7 preferred Shares into sequence 8 favored Shares on such date will hold their collection 7 preferred Shares, except immediately transformed according to the situations under.
The foregoing conversion amend is discipline to the circumstances that: (i) if, after March 6, 2017, Manulife determines that there can live less than 1,000,000 sequence 7 preferred Shares unbelievable on March 20, 2017, then any eventual collection 7 favored Shares will automatically live transformed into an equal number of collection eight favourite Shares on March 19, 2017, and (ii) on the other hand, if, after March 6, 2017, Manulife determines that there would live under 1,000,000 chain 8 favorite Shares awesome on March 20, 2017, then no sequence 7 preferred Shares might live transformed into sequence eight favourite Shares. In either case, Manulife will give written word to that repercussion to any registered holders of sequence 7 favored Shares littered with the previous minimums on or earlier than March 12, 2017.
The dividend expense applicable to the chain 7 favorite Shares for the 5-year length starting up on March 20, 2017, and ending on March 19, 2022, and the dividend cost applicable to the sequence 8 favourite Shares for the three-month duration taking off on March 20, 2017, and ending on June 19, 2017, could live determined and introduced by the utilize of a tidings liberate on February 21, 2017. Manulife will too supply written live vigilant of those dividend prices to the registered holders of sequence 7 favorite Shares.
beneficial house owners of sequence 7 favourite Shares who want to activity their prerogative of conversion may soundless instruct their broking service or other nominee to recreation such commandeer earlier than 5:00 p.m. (Toronto time) on March 6, 2017. Conversion inquiries should soundless live directed to Manulife's Registrar and transfer Agent, CST hold faith business, at 1-800-387-0825.
subject to inescapable circumstances described in the Prospectus, Manulife may too redeem the collection 7 favourite Shares, in entire or partially, on March 19, 2022 and on March 19 every 5 years thereafter and can redeem the collection 8 favorite Shares, in total or partly, after March 19, 2017.
The Toronto stock alternate ("TSX") has conditionally authorised the list of the sequence 8 favourite Shares constructive upon conversion. listing of the collection eight favored Shares is discipline to Manulife satisfying any of the list necessities of the TSX and, upon approval, the chain eight preferred Shares could live listed on the TSX under the trading image "MFC.PR.S".
The chain 7 favourite Shares and the chain 8 preferred Shares haven't been and may now not live registered within the u.s. under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or the securities legal guidelines of any situation of the us and might no longer live offered, bought or delivered, at once or in some passage within the united states or to, or for the account or capitalize of, a "U.S. grownup" (as defined in legislation S under the Securities Act) absent registration or an relevant exemption from such registration requirements. This press liberate does not delineate a suggestion to promote or a solicitation to buy securities within the u.s. and any public offering of the securities within the united states should live made via means of a prospectus.
Manulife pecuniary service provider is a leading international fiscal capabilities community that helps americans obtain their dreams and aspirations by passage of putting valued clientele' wants first and featuring the amend assistance and options. They operate as John Hancock within the united states and Manulife elsewhere. They provide pecuniary suggestions, coverage, in addition to wealth and asset management options for people, corporations and associations. at the desist of 2016, they had approximately 35,000 employees, 70,000 brokers, and heaps of distribution companions, serving greater than 22 million valued clientele. at the conclusion of 2016, they had $977 billion (US$728 billion) in belongings below administration and administration, and in the previous twelve months they made basically $26 billion in funds to their purchasers. Their essential operations are in Asia, Canada and the USA the plot we've served shoppers for greater than 100 years. With their global headquarters in Toronto, Canada, they trade as 'MFC' on the Toronto, long island, and the Philippine inventory exchanges and beneath '945' in Hong Kong.
source Manulife monetary employer
To view this information liberate in HTML formatting, delight utilize the following URL: http://www.newswire.ca/en/releases/archive/February2017/10/c5443.html
source: Manulife pecuniary corporationMedia inquiries: Sean B. Pasternak, Manulife, 416-852-2745, firstname.lastname@example.org; Investor family members: Robert Veloso, Manulife, 416-852-8982, email@example.com
Copyright (C) 2017 CNW community. any rights reserved.
The chain 7 is an examination and license that entitles the holder to promote any types of securities items aside from commodities and futures. commonly used formally because the widely wide-spread Securities Registered representative exam (GSRE), the collection 7 exam and its licensing is administered by using the pecuniary commerce Regulatory Authority (FINRA).
The collection 7 exam is taken by U.S. stockbrokers to achieve a license to trade. the majority of the chain 7 exam makes a speciality of investment chance, taxation, fairness and debt gadgets, packaged securities, alternatives, retirement plans, and interactions with customers. A prerequisite examine for the chain 7, the Securities industry essentials (SIE) examination, rolled out on Oct. 1, 2018.
The chain 7 license is a primary requirement to work as an entry-stage broker.
The goal of the sequence 7 license is to set a plane of competency for a registered representative or stockbroker to work within the securities business. The sequence 7 license is a fundamental requirement for an entry-stage broking service. The licensing exam covers an intensive compass of fiscal phrases and matter matters as well as securities rules.
Candidates who race the collection 7 exam are able to alternate many securities, such as stocks, mutual cash, options, municipal securities, and variable contracts. The collection 7 license does not cover the selling of precise property or lifestyles coverage items. apart from obtaining the chain 7 license, many states require that registered representatives circulate the collection sixty three exam, too known as the Uniform Securities Agent situation legislations exam.sequence 7 necessities
sequence 7 candidates are required to select the Securities commerce necessities (SIE) examination before sitting for the chain 7. in line with FINRA, the SIE is an introductory-level examination that "assesses a candidate’s expertise of simple securities industry counsel together with ideas primary to working in the industry, equivalent to types of items and their dangers; the structure of the securities industry markets, regulatory agencies and their capabilities; and prohibited practices." if you need greater information on the SIE, FINRA's SIE exam content outline provides more details.
Candidates who wish to select the sequence 7 exam hold to live sponsored by passage of a FINRA member enterprise, and FINRA has other sequence 7 eligibility requirements. The company hold to file a configuration U4 (Uniform software for Securities commerce Registration) for the candidate to live registered for the licensing examination. FINRA governs the activities of securities enterprises and registered brokers, guaranteeing that any one who sells securities items is qualified and validated.series 7 examination constitution
seeing that Oct. 1, 2018, chain 7 candidates are required to select the SIE exam earlier than sitting for the collection 7, which is structured as follows:
The chain 7 exam has 125 assorted option questions, lasts 225 minutes and value $245. The passing score is 72%.
prior to Oct. 1, 2018, the sequence 7 exam contained 250 questions masking 5 foremost job capabilities. The exam era changed into six hours, had no necessities and cost $305. A score of seventy two% changed into required to flow.
FINRA doesn't provide candidates with any physical certificate as proof of examination completion. existing or handicap employers who need to view proof final finger hold to access this counsel via FINRA's censorious Registration Depository (CRD).
Completion of the chain 7 examination is a prerequisite for many different securities licenses, such as the sequence 24, which allows for the candidate to oversee and control arm activities.
Late eventual 12 months, Finra restructured the accepted Securities consultant exam, generic most generally because the collection 7. if you are looking to change securities or work in an funding position in the U.S., there are a couple of stuff you deserve to recognize earlier than diving in to study prep.
You now need to circulate two tests
at the heart of Finra’s restructuring is the creation of the Securities commerce fundamental (SIE) exam. To rotate into a registered funding representative, you now need to race each the SIE and the collection 7 exam. Why the trade? One motivation was to now not coerce examine-takers who want or are required to flow diverse tests to cover the identical material greater than once, in keeping with Brian Marks, managing director of licensing examination prep enterprise Knopman Marks fiscal training.
in further of the restructuring, around 30% of Finra’s leading qualification checks blanketed unvarying cloth that coated primary commerce capabilities. Finra practically pulled any that fabric out of the chain 7 and different checks to create the SIE. Now, verify-takers will simplest need to parade their understanding of the fundamentals one time.
that you would live able to duck your toe within the water
The other main understanding for the change is to enable americans who aren’t already working at a broker-dealer to peer if they hold the capability and hobby to live Part of the trade. whilst you nevertheless need to live backed via an organization to register for the collection 7, anyone over 18 years of age can select the SIE. Marks talked about his commerce is at present working with a few hundred college students who're prepping to select a seat for the SIE earlier than they graduate.
It’s a resume sweetener
whereas no Part of Marks’ broking service-broking valued clientele at present require a candidate to hold passed the SIE to live regarded for employment, it’s most effectual been a handful of months given that the alterations were enacted. “That’s the query that’s soundless available,” he spoke of. “At some point they may live headed in that path.”
For now, passing the SIE earlier than making utilize of for a buying and selling or investment role should definitely enhance a candidate’s profile, Marks spoke of.
There are definitely fewer questions
even if you’d quite study and select a seat for 2 smaller exams versus one giant one is a question of personal preference. That mentioned, those who are already working at a broker-dealer perceived to resolve upon the used gadget. Marks talked about there became a major rush of individuals who signed up for the ancient chain 7 exam earlier than the October closing date. besides the fact that children, the chain 7 examination protected 250 questions within the used format. The are only 200 mixed questions between the SIE and the brand new collection 7 examination.
the new chain 7 is tougher, configuration of
some of the fallouts from pulling unvarying industry capabilities questions from any qualification exams is that the sequence 7 simply grew to live greater complex. The examination not contains any the more straightforward questions that now fabricate up the SIE, yet the passing ranking continues to live the identical: 72%. This may live an extra understanding behind the rush of pre-October signups. test ratings may live scaled in an exertion to are trying to hold a constant race cost, but that doesn’t fabricate the exam any more straightforward whilst you’re in fact taking it. It’s simply doubtless you’ll live able to glean just a few extra questions wrong and nonetheless pass, even though that’s not yet clear.
It costs the identical
The registration cost is $60 for the SIE and $245 for the revised sequence 7 examination – combined to live the equal can imbue of the ancient sequence 7.
you can select them on the equal day
people that pick the previous gadget can try to replicate it via taking each on the identical day, though pulling off this benign of feat depends upon the schedules of testing centers. The exam size is 105 minutes for the SIE and 225 minutes for the new collection 7. That shaves off half-hour from the used six-hour exam. that you could in reality select the check in both order (if you are backed with the aid of a company), even though assumedly the tremendous majority will first select a seat for the SIE.
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The eventual A’s road trip didn’t Go any too well. In six games against Baltimore and Texas, the A’s went 4-2. On the surface, that isn’t any too bad, especially when the team is playing on the road. However, the A’s got to 97 wins eventual season precisely because they bullied and beat up the teams that had no hopes of reaching the playoffs, winning every solitary game against the Orioles, the White Sox, the Blue Jays, and more. This year’s A’s has already dropped a game against the hapless Orioles, who beat the A’s in what was one of the worst played ball games in a couple of years, and the game the A’s dropped against the Rangers witnessed the team fumbling away a five elude lead in the late innings.
The A’s previous road trip too witnessed the team lose any three games against the Astros. The Astros, unlike the Rangers and Orioles, are a very marvelous baseball team that does and should hold World chain hopes this year. The team won over 100 games eventual season. While it would hold been tough to win against Houston in Houston, the A’s really messed up that chain as well. In the first game of the series, the A’s offense went secretive against better-than-decent starter Collin McHugh, and the team dropped the game 3-2. After a noncompetitive game on Saturday the A’s lost, the A’s had a true haphazard to live the victors on Sunday. Despite Mike Fiers gifting the Astros six runs in the first two innings, the A’s create themselves winning entering the eighth inning, wherein a mostly responsible bullpen then pissed away the lead.
The Astros are good, but they aren’t leaps and bounds better than the A’s are. The two teams’ offenses are pretty nearby in overall production, and where the Astros starting pitching has an advantage, the A’s bullpen, partially, makes up for it. These are two teams that are closer in talent than most of the baseball world realizes, and early-season-dominance by the Astros is precisely why the team ran away with the division eventual year. For the A’s to hold a fighting haphazard this year, the trend needs to change.
The Astros actually haven’t lost since their sweep of the A’s, the team going on to sweep the Yankees at home and then sweep the previously-red-hot Mariners on the road, the team entering this chain having won nine games in a row. This winning strain has largely been propelled by the offense, wherein each regular has an OBP above .300, and four different starters hold OBP’s above .430. Jose Altuve has hit five home runs in his eventual five games to pair up with an astronomical 1.578 OPS.
The starting staff and the back desist of the bullpen has been nearly untouchable as well. The A’s glean the capitalize of getting to face off against the latter portion of the Astros’ starting rotation, but even soundless McHugh notched nine strikeouts in six innings pitched, and the late innings relievers haven’t surrendered a elude at any since the two teams eventual faced off. The A’s generic strategy is to uphold the game nearby in the early going and select the lead for marvelous towards the desist of the game, but against this Astros team, that strategy just isn’t viable, and the team is going to hold to search for runs beyond a soft bullpen underbelly.
This is a short chain against the Astros, played at home on Rickey Henderson Field, and played with the lore that each reliever on the A’s is more or less fully rested and able to pitch in any situation over the next two games, thanks to a day-off the day before and the day after this series. This allows the A’s to live springy and creative with their bullpen usage, and should a starting pitcher falter, the bullpen can prevent things from getting out of hand.
At the risk of sounding dramatic, or arrogant, since the A’s are playing at home, and the bullpen is fully loaded, and the offense has been tough to start the season, the A’s really ought to sweep these two games. If the team is going to fabricate the playoffs, they need to fabricate up some wins that were missed out on the eventual week. The Astros are a pretty danged solid team, and winning each of the next two games will live tough.
But really, the A’s should win everything.
George Springer - CF
Jose Altuve - 2B
Alex Bregman - 3B
Michael Brantley - LF
Carlos Correa - SS
Yuli Gurriel - 1B
Josh Reddick - RF
Tyler White - DH
Robinson Chirinos - C
Marco Estrada vs Collin McHugh
Frankie Montas vs Wade Miley
Game #20: Tuesday, April 16th at 7:07
Game #21: Wednesday, April 17th at 7:07
Both games are available on NBCSCA. Wednesday’s game will too live on MLB Network for non-local fans.
CALGARY, Alberta, April 01, 2019 (GLOBE NEWSWIRE) -- tidings Release – TransCanada Corporation (TRP.TO) (TRP) (TransCanada) announced today that it has notified the registered shareholder of the applicable dividend rates for Cumulative Redeemable First Preferred Shares, chain 7 (Series 7 Shares) and the Cumulative Redeemable First Preferred Shares, chain 8 (Series 8 Shares).
As previously announced in their tidings release dated March 15, 2019, holders of the chain 7 Shares hold the prerogative on April 30, 2019 to convert, on a one-for-one basis, any or any of their chain 7 Shares into chain 8 Shares and receive a floating rate quarterly dividend, or retain any or any of their chain 7 Shares and receive a new fixed rate quarterly dividend.
Should a holder of chain 7 Shares pick to retain their shares, such shareholders will receive the new annual fixed dividend rate applicable to the chain 7 Shares of 3.903% for the five-year era commencing April 30, 2019 to, but excluding, April 30, 2024.
Should a holder of chain 7 Shares pick to transfigure their shares to chain 8 Shares, holders of chain 8 Shares will receive the floating quarterly dividend rate applicable to the chain 8 Shares of 4.032% for the first quarterly floating rate era commencing effectual April 30, 2019 to, but excluding, July 30, 2019. The floating quarterly dividend rate will live reset every quarter.
Beneficial owners of chain 7 Shares who accomplish not provide notice or communicate with their broker or other nominee by 5 p.m. (EDT) on April 15, 2019 will retain their chain 7 Shares and receive the new annual fixed dividend rate applicable to the chain 7 Shares stated above.
For more information on the terms of, and risks associated with an investment in the chain 7 Shares and the chain 8 Shares, delight behold the prospectus supplement dated February 25, 2013 which is available on sedar.com or on their website.
With more than 65 years' experience, TransCanada is a leader in the responsible progress and responsible operation of North American energy infrastructure including natural gas and liquids pipelines, power generation and gas storage facilities. TransCanada operates one of the largest natural gas transmission networks that extends more than 92,600 kilometres (57,500 miles), connecting major gas supply basins to markets across North America. TransCanada is a leading provider of gas storage and related services with 653 billion cubic feet of storage capacity. A big independent power producer, TransCanada currently owns or has interests in more than 6,600 megawatts of power generation in Canada and the United States. TransCanada is too the developer and operator of one of North America’s leading liquids pipeline systems that extends approximately 4,900 kilometres (3,000 miles), connecting growing continental oil supplies to key markets and refineries. TransCanada’s common shares trade on the Toronto and New York stock exchanges under the attribute TRP. Visit TransCanada.com to learn more, or connect with us on social media.
This publication contains inescapable information that is forward-looking and is matter to essential risks and uncertainties (such statements are usually accompanied by words such as "anticipate", "expect", "believe", "may", "will", "should", "estimate", "intend" or other similar words). Forward-looking statements in this document are intended to provide TransCanada security holders and potential investors with information regarding TransCanada and its subsidiaries, including management's assessment of TransCanada's and its subsidiaries' future plans and pecuniary outlook. any forward-looking statements reflect TransCanada's beliefs and assumptions based on information available at the time the statements were made and as such are not guarantees of future performance. Readers are cautioned not to plot undue reliance on this forward-looking information, which is given as of the date it is expressed in this tidings release, and not to utilize future-oriented information or pecuniary outlooks for anything other than their intended purpose. TransCanada undertakes no responsibility to update or revise any forward-looking information except as required by law. For additional information on the assumptions made, and the risks and uncertainties which could occasions actual results to vary from the anticipated results, mention to the Fourth Quarter 2018 pecuniary Highlights release and 2018 Annual Report filed under TransCanada's profile on SEDAR at www.sedar.com and with the U.S. Securities and Exchange Commission at www.sec.gov.
Media Enquiries:Grady Semmens403.920.7859 or 800.608.7859
Investor & Analyst Enquiries:David Moneta / Duane Alexander403.920.7911 or 800.361.6522
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