Sun Life profits fall on DentaQuest acquisition, 'unfavourable' market impacts - BNN Bloomberg

📆 8/3/2022 9:15 PM
📰 BNNBloomberg

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Sun Life says it earned $785 million in Q2, a 13% decrease from the prior year due to 'unfavourable market-related impacts' as well as its acquisition of DentaQuest, the second-largest dental benefits provider in the U.S.

The Daily Chase: OPEC+ opens the taps ; Rate hikes hammer home salesSavings are slowly dripping away as deposit interest lags far behind inflationThe Daily Chase: TD Bank bets US$1.3B on Cowen; Air Canada grapples to meet demandThe Daily Chase: Canada's economy stalled in May; Amazon beats the oddsU.S.

economy shrinks for a second quarter, fueling recession fearsFed hikes 75 basis points second time, signals third is possibleFood service and drinking places sales rose 3% in May: StatCanInflation has peaked but more rate hikes to come: Capital EconomicsIMF to cut global growth outlook 'substantially' at next reviewStatistics Canada says retail sales rose 2.2% to $62.2B in May

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