BRIEF-Broadfin Capital reports passive stake of 12.74 pct in Corium International
* Broadfin capital llc reports a passive stake of 12.74 percent in corium international as of may 25 - sec filing
TORONTO May 3 Manulife Financial Corp, Canada's biggest life insurer, on Wednesday reported a rise in first quarter earnings, marginally beating market forecasts with help from strong sales in Asia.
The company said core earnings, excluding one-off items and market movements, rose 22 percent to C$1.1 billion ($801 million), or 53 Canadian cents a share. Analysts on average had expected core earnings of 52 Canadian cents a share, according to Thomson Reuters I/B/E/S data. ($1 = 1.3729 Canadian dollars) (Reporting by Matt Scuffham; Editing by David Gregorio)
NEW YORK, May 25 Strong earnings from the battered U.S. retail sector, which helped lift Wall Street on Thursday, also boosted shares of the hard-hit real estate investment trusts (REITs) that own the properties where the retailers are located.