Latest Great West Lifeco In (GWLIF) Headlines
Fred's Inc.Corporate Event Announcement Notice
Wall Street Horizon - Wed Feb 19, 8:00PM CST
Trading resumes in:
Dril-Quip IncCorporate Event Announcement Notice
Wall Street Horizon - Wed Feb 19, 7:55PM CST
The following issues have been halted by IIROC:
Brompton Lifeco Split Corp. Approves Extension
Marketwire - Tue Feb 18, 3:25PM CST
(TSX: LCS)(TSX: LCS.PR.A) - At a special meeting of preferred and class A shareholders ("Shareholders") of Brompton Lifeco Split Corp. ("LCS") held today, shareholders approved a special resolution to extend the term of LCS for approximately 5 years to April 29, 2019 and thereafter for successive terms of up to 5 years as determined by the LCS board of directors. Holders of Class A Shares voted approximately 99% in favour of the extension and holders of Preferred Shares voted approximately 97% in favour of the extension. The extension allows Shareholders to continue their investment in LCS' portfolio of common shares of four Canadian life insurance companies (Great-West Lifeco Inc., Industrial Alliance Insurance and Financial Services Inc., Manulife Financial Corporation and Sun Life Financial Inc.). Shareholders will continue to have monthly and annual retraction rights.
Great-West Financial® President and CEO Mitchell Graye to retire in May
PR Newswire - Thu Feb 13, 1:16PM CST
Great-West Financial President and CEO Mitchell T.G. Graye announced today that he plans to retire May 8 following parent company Great-West Lifeco Inc.'s annual meeting. "After more than 35 years in the business world, including 20-plus with the group of Great-West companies, I'm looking forward to the next phase of life," Mr. Graye said.
Fitch Affirms Great-West Lifeco; Outlook Stable
Business Wire - Tue Jan 14, 1:43PM CST
Fitch Ratings has affirmed the ratings of Great-West Lifeco (TSE: GWO) including the holding company's Issuer Default Rating (IDR) at 'A+' and all outstanding senior debt and hybrid issues, as well as the Insurer Financial Strength (IFS) ratings of all operating subsidiaries at 'AA'. The Rating Outlook is Stable.
Notice of Intention to Distribute Securities
CNW Group - Tue Dec 24, 11:47AM CST
The liquidators and trustees of the Estate of Paul G. Desmarais and the Desmarais Family Residuary Trust filed today a required notice of intention to distribute up to 15,461,750 Subordinate Voting Shares of Power Corporation of Canada and up to 87,318 common shares of Great-West Lifeco Inc. The share sales would be made for estate purposes. Any sales will be made within thirty days. If all of the share sales contemplated by the notice are completed, the liquidators and trustees of the Estate of Paul G. Desmarais and the Desmarais Family Residuary Trust will exercise, directly and through wholly-owned holding corporations, control or direction over 48,603,392 Participating Preferred Shares and 48,363,392 Subordinate Voting Shares in the aggregate, representing 99.5% and 11.8% respectively, of the outstanding shares of such classes and 59.4% of the votes attached to the outstanding voting shares of Power Corporation of Canada and over no shares of Great-West Lifeco Inc.
Melco Crown (Philippines) Resorts Corporation Announces Pricing of Senior Notes Offering of MCE Leisure (Philippines) Corporation
GlobeNewswire - Thu Dec 19, 6:53AM CST
Melco Crown (Philippines) Resorts Corporation ("MCP" or "Melco Crown Philippines") (PSE:MCP), a subsidiary of Melco Crown Entertainment Limited ("MCE" or "Melco Crown Entertainment") (SEHK:6883) (Nasdaq:MPEL), today announced that its wholly-owned indirect subsidiary, MCE Leisure (Philippines) Corporation ("MCE Leisure Philippines"), priced its senior notes ("Notes"), which were offered to limited investors via private placement within the Philippines.
Stockboard Custom Reports on Great-West Lifeco Inc. and Home Capital Group Inc.
ACCESSWIRE - Tue Oct 08, 8:05AM CDT
Custom stock reports and email news alert service for Great-West Lifeco Inc. (TSX: GWO) and Home Capital Group Inc. (TSX: HCG) are now available on Stockboard.com
Life & Banc Split Corp. Announces Details of Fund Extension
Marketwire - Wed Aug 14, 1:07PM CDT
At a special meeting held on April 11, 2013, shareholders of Life & Banc Split Corp. ("LBS" or the "Fund") (TSX: LBS) (TSX: LBS.PR.A) approved a special resolution to allow the Board of Directors to extend the term of the Class A Shares and the Preferred Shares for up to 5 years and to determine the distribution rates for the extended term. The Board of Directors is pleased to announce that it has approved a 5 year extension to the term of the Class A Shares and Preferred Shares to November 29, 2018. The Fund was originally scheduled to terminate on November 29, 2013. The distribution rate for the Fund's Preferred Shares for this new 5 year term which commences on November 30, 2013 will be $0.475 per annum paid in equal quarterly amounts. The new Preferred Share distribution rate is based on current market rates for preferred shares with similar terms. The Preferred Share distribution for the quarter ended December 31, 2013 is expected to be $0.12690 per Preferred Share which takes into account the new distribution rate for December and the previous distribution rate for October and November. In addition, the Fund intends to maintain the targeted monthly Class A Share distribution at $0.10 per Class A Share.
Great-West Lifeco Completes Acquisition of Irish Life
PR Newswire Europe - Thu Jul 18, 5:06AM CDT
WINNIPEG, Manitoba, July 18, 2013 /PRNewswire/ --
Great-West Lifeco Update on Irish Life Transaction
PR Newswire Europe - Tue Jul 16, 11:32AM CDT
WINNIPEG, Manitoba, July 16, 2013 /PRNewswire/ --
Great-West Lifeco Announces Satisfaction of Conditions to Irish Life Group Acquisition
PR Newswire Europe - Fri Jul 05, 10:12AM CDT
WINNIPEG, Manitoba, July 5, 2013 /PRNewswire/ --
A.M. Best Affirms Ratings of Great-West Lifeco Inc. and Its Subsidiaries
Business Wire - Tue Jul 02, 9:00AM CDT
A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) and issuer credit ratings (ICR) of "aa" of The Great-West Life Assurance Company (Winnipeg, Manitoba) and its affiliates, London Life Insurance Company (London, Ontario), The Canada Life Assurance Company (CLAC) (Toronto, Ontario), Great-West Life & Annuity Insurance Company (GWL&A) (Greenwood Village, CO) and Great-West Life & Annuity Insurance Company of New York (White Plains, NY) (together referred to as the Great-West Life Group). Concurrently, A.M. Best has affirmed the ICR of "a" and the existing debt ratings of Great-West Lifeco Inc. (Lifeco) (Winnipeg, Manitoba). The outlook for all ratings is stable. (See link below for a detailed listing of the companies and ratings.)
A.M. Best Assigns Debt Rating to Great-West Lifeco Inc.'s Senior Unsecured Euro Bonds
Business Wire - Thu Apr 18, 9:06AM CDT
A.M. Best Co. has assigned a debt rating of "a" to the recently announced EUR 500 million 2.50% fixed rate senior unsecured euro bonds maturing April 18, 2023 of Great-West Lifeco Inc. (Great-West) (Winnipeg, Manitoba). The assigned outlook is stable, and the existing ratings of Great-West and its subsidiaries are unaffected.
Life & Banc Split Corp. Approves Extension
Marketwire - Thu Apr 11, 11:29AM CDT
At a special meeting of preferred and class A shareholders ("Shareholders") of Life & Banc Split Corp. ("LBS") (TSX: LBS)(TSX: LBS.PR.A) held today, Shareholders approved a special resolution to extend the term of LBS for up to 5 years beyond the scheduled termination date of November 29, 2013 and thereafter for successive terms of up to 5 years as determined by the LBS board of directors. Holders of Class A Shares voted approximately 98% in favour of the extension and holders of Preferred Shares voted approximately 99% in favour of the extension. The extension allows Shareholders to continue their investment in LBS' portfolio of common shares of six Canadian banks (Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, The Bank of Nova Scotia and The Toronto-Dominion Bank) and four Canadian life insurance companies (Great-West Lifeco Inc., Industrial Alliance Insurance and Financial Services Inc., Manulife Financial Corporation and Sun Life Financial Inc.). Sha
Fred's Inc.Corporate Event Announcement Notice
Wall Street Horizon - Wed Feb 19, 8:00PM CST
Trading resumes in:
Dril-Quip IncCorporate Event Announcement Notice
Wall Street Horizon - Wed Feb 19, 7:55PM CST
The following issues have been halted by IIROC:
Brompton Lifeco Split Corp. Approves Extension
Marketwire - Tue Feb 18, 3:25PM CST
(TSX: LCS)(TSX: LCS.PR.A) - At a special meeting of preferred and class A shareholders ("Shareholders") of Brompton Lifeco Split Corp. ("LCS") held today, shareholders approved a special resolution to extend the term of LCS for approximately 5 years to April 29, 2019 and thereafter for successive terms of up to 5 years as determined by the LCS board of directors. Holders of Class A Shares voted approximately 99% in favour of the extension and holders of Preferred Shares voted approximately 97% in favour of the extension. The extension allows Shareholders to continue their investment in LCS' portfolio of common shares of four Canadian life insurance companies (Great-West Lifeco Inc., Industrial Alliance Insurance and Financial Services Inc., Manulife Financial Corporation and Sun Life Financial Inc.). Shareholders will continue to have monthly and annual retraction rights.
Great-West Financial® President and CEO Mitchell Graye to retire in May
PR Newswire - Thu Feb 13, 1:16PM CST
Great-West Financial President and CEO Mitchell T.G. Graye announced today that he plans to retire May 8 following parent company Great-West Lifeco Inc.'s annual meeting. "After more than 35 years in the business world, including 20-plus with the group of Great-West companies, I'm looking forward to the next phase of life," Mr. Graye said.
Fitch Affirms Great-West Lifeco; Outlook Stable
Business Wire - Tue Jan 14, 1:43PM CST
Fitch Ratings has affirmed the ratings of Great-West Lifeco (TSE: GWO) including the holding company's Issuer Default Rating (IDR) at 'A+' and all outstanding senior debt and hybrid issues, as well as the Insurer Financial Strength (IFS) ratings of all operating subsidiaries at 'AA'. The Rating Outlook is Stable.
Notice of Intention to Distribute Securities
CNW Group - Tue Dec 24, 11:47AM CST
The liquidators and trustees of the Estate of Paul G. Desmarais and the Desmarais Family Residuary Trust filed today a required notice of intention to distribute up to 15,461,750 Subordinate Voting Shares of Power Corporation of Canada and up to 87,318 common shares of Great-West Lifeco Inc. The share sales would be made for estate purposes. Any sales will be made within thirty days. If all of the share sales contemplated by the notice are completed, the liquidators and trustees of the Estate of Paul G. Desmarais and the Desmarais Family Residuary Trust will exercise, directly and through wholly-owned holding corporations, control or direction over 48,603,392 Participating Preferred Shares and 48,363,392 Subordinate Voting Shares in the aggregate, representing 99.5% and 11.8% respectively, of the outstanding shares of such classes and 59.4% of the votes attached to the outstanding voting shares of Power Corporation of Canada and over no shares of Great-West Lifeco Inc.
Melco Crown (Philippines) Resorts Corporation Announces Pricing of Senior Notes Offering of MCE Leisure (Philippines) Corporation
GlobeNewswire - Thu Dec 19, 6:53AM CST
Melco Crown (Philippines) Resorts Corporation ("MCP" or "Melco Crown Philippines") (PSE:MCP), a subsidiary of Melco Crown Entertainment Limited ("MCE" or "Melco Crown Entertainment") (SEHK:6883) (Nasdaq:MPEL), today announced that its wholly-owned indirect subsidiary, MCE Leisure (Philippines) Corporation ("MCE Leisure Philippines"), priced its senior notes ("Notes"), which were offered to limited investors via private placement within the Philippines.
Stockboard Custom Reports on Great-West Lifeco Inc. and Home Capital Group Inc.
ACCESSWIRE - Tue Oct 08, 8:05AM CDT
Custom stock reports and email news alert service for Great-West Lifeco Inc. (TSX: GWO) and Home Capital Group Inc. (TSX: HCG) are now available on Stockboard.com
Life & Banc Split Corp. Announces Details of Fund Extension
Marketwire - Wed Aug 14, 1:07PM CDT
At a special meeting held on April 11, 2013, shareholders of Life & Banc Split Corp. ("LBS" or the "Fund") (TSX: LBS) (TSX: LBS.PR.A) approved a special resolution to allow the Board of Directors to extend the term of the Class A Shares and the Preferred Shares for up to 5 years and to determine the distribution rates for the extended term. The Board of Directors is pleased to announce that it has approved a 5 year extension to the term of the Class A Shares and Preferred Shares to November 29, 2018. The Fund was originally scheduled to terminate on November 29, 2013. The distribution rate for the Fund's Preferred Shares for this new 5 year term which commences on November 30, 2013 will be $0.475 per annum paid in equal quarterly amounts. The new Preferred Share distribution rate is based on current market rates for preferred shares with similar terms. The Preferred Share distribution for the quarter ended December 31, 2013 is expected to be $0.12690 per Preferred Share which takes into account the new distribution rate for December and the previous distribution rate for October and November. In addition, the Fund intends to maintain the targeted monthly Class A Share distribution at $0.10 per Class A Share.
Great-West Lifeco Completes Acquisition of Irish Life
PR Newswire Europe - Thu Jul 18, 5:06AM CDT
WINNIPEG, Manitoba, July 18, 2013 /PRNewswire/ --
Great-West Lifeco Update on Irish Life Transaction
PR Newswire Europe - Tue Jul 16, 11:32AM CDT
WINNIPEG, Manitoba, July 16, 2013 /PRNewswire/ --
Great-West Lifeco Announces Satisfaction of Conditions to Irish Life Group Acquisition
PR Newswire Europe - Fri Jul 05, 10:12AM CDT
WINNIPEG, Manitoba, July 5, 2013 /PRNewswire/ --
A.M. Best Affirms Ratings of Great-West Lifeco Inc. and Its Subsidiaries
Business Wire - Tue Jul 02, 9:00AM CDT
A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) and issuer credit ratings (ICR) of "aa" of The Great-West Life Assurance Company (Winnipeg, Manitoba) and its affiliates, London Life Insurance Company (London, Ontario), The Canada Life Assurance Company (CLAC) (Toronto, Ontario), Great-West Life & Annuity Insurance Company (GWL&A) (Greenwood Village, CO) and Great-West Life & Annuity Insurance Company of New York (White Plains, NY) (together referred to as the Great-West Life Group). Concurrently, A.M. Best has affirmed the ICR of "a" and the existing debt ratings of Great-West Lifeco Inc. (Lifeco) (Winnipeg, Manitoba). The outlook for all ratings is stable. (See link below for a detailed listing of the companies and ratings.)
A.M. Best Assigns Debt Rating to Great-West Lifeco Inc.'s Senior Unsecured Euro Bonds
Business Wire - Thu Apr 18, 9:06AM CDT
A.M. Best Co. has assigned a debt rating of "a" to the recently announced EUR 500 million 2.50% fixed rate senior unsecured euro bonds maturing April 18, 2023 of Great-West Lifeco Inc. (Great-West) (Winnipeg, Manitoba). The assigned outlook is stable, and the existing ratings of Great-West and its subsidiaries are unaffected.
Life & Banc Split Corp. Approves Extension
Marketwire - Thu Apr 11, 11:29AM CDT
At a special meeting of preferred and class A shareholders ("Shareholders") of Life & Banc Split Corp. ("LBS") (TSX: LBS)(TSX: LBS.PR.A) held today, Shareholders approved a special resolution to extend the term of LBS for up to 5 years beyond the scheduled termination date of November 29, 2013 and thereafter for successive terms of up to 5 years as determined by the LBS board of directors. Holders of Class A Shares voted approximately 98% in favour of the extension and holders of Preferred Shares voted approximately 99% in favour of the extension. The extension allows Shareholders to continue their investment in LBS' portfolio of common shares of six Canadian banks (Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, The Bank of Nova Scotia and The Toronto-Dominion Bank) and four Canadian life insurance companies (Great-West Lifeco Inc., Industrial Alliance Insurance and Financial Services Inc., Manulife Financial Corporation and Sun Life Financial Inc.). Sha
