09:54 AM EST - Manulife Financial Corporation : reported net income of $129 million for the full year 2011, an improvement of $1.8 billion over 2010. The Company took a goodwill impairment charge of $665 million in the fourth quarter which was related to low interest rates and actions taken to reduce the impact of low interest rates in 2011. The Company has also restructured its U.S. annuity businesses, and implemented further price increases on new business. Manulife Financial Corporation
shares T.MFC are trading down $0.14 at $11.97.