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HomeBusiness NewsBusiness News- Manulife Financial (NYSE:MFC), Agrium (NYSE:AGU), Covidien (NYSE:COV), Baxano Surgical (NASDAQ:BAXS)

Business News- Manulife Financial (NYSE:MFC), Agrium (NYSE:AGU), Covidien (NYSE:COV), Baxano Surgical (NASDAQ:BAXS)


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Canadian life insurer, Manulife Financial Corporation (USA) (NYSE:MFC) (In Eye of Expert, Trend Analysis after Current Fluctuation? Get Her Free Report) released that a profit for the Q3 that rose 5% from previous year, reflecting strong double-digit revenue growth amid strong sales from Asia, partially offset by weaker results in Canada and the U.S. On the other hand, core earnings per share and quarterly revenues missed analysts’ expectations. Manulife Financial Corporation (USA) (NYSE:MFC) saw as a loser stock in last session, fell -0.63% to finished at $18.99 with the overall traded volume of 1.24 million shares. The street professionals’ recommendation trends reflect as, stock on “Buy” rating by 4 analysts, while 2 analysts rate its shares as a “strong buy” security.

Agrium Inc. (USA) (NYSE:AGU) (Read Report! How AGU Noticeable Reacts on News Jerk?) decided to issue as well as sell $500-million aggregate principal amount of 5.25% debentures due January 15, 2045. The debentures will be released at a price of 99.491% of the aggregate principal amount. Agrium aims to use the net proceeds from this offering to reduce short term debt and for general corporate purposes. Agrium Inc. (USA) (NYSE:AGU) settled at the price of $99.76 with negative change of -0.94% as its highest price in last session was noted at $101.23. On analysts consideration, the mean recommendation of this week is 2.5, [(Strong Buy 1.0 – 5.0 (Sell)] as compare to last week mean recommendation of 2.5, which indicates zero volatility in recommendations.

Covidien plc (NYSE:COV) (Find Your Indebt Report on CO COV, to be Informed Well) released that the six-month results of the VeClose pivotal study, which demonstrated the safety as well as effectiveness of the VenaSeal closure system in patients by means of chronic venous insufficiency (CVI) having symptomatic reflux in the great saphenous vein. Covidien plc (NYSE:COV) has its total traded volume during previous session was 3.10 million shares with share price change of 0.85% to settled at $93.67. While in a recent pool of rating, stocks rated “Hold” by 13 analysts, 2 analysts rate it at “strong buy” while 3 analyst rate its shares to a “Buy” security.

Baxano Surgical Inc (NASDAQ:BAXS) (Watch Expert Views in Detail on BAXS Here) released that it is terminating its listing on The Nasdaq Global Market as of the close of business on November 24, 2014. The firm has previously got notices from Nasdaq that it has failed to maintain a minimum offer price of $1.00 a share. Baxano Surgical Inc (NASDAQ:BAXS) after opening at $0.06 hit its day high price of $0.07 moreover plunged -66.78% to closed at $0.0598. The consensus average revenue estimates are $4.84M for latest quarter, at the same time as 4 experts predict $5.53M revenues for the next three months of 2014.


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