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Genworth Financial: Heads I Win, Tails I Win More

2017-08-03 seekingalpha
Earnings improvement during the last two quarters suggests the stock is worth more than the buyout price.

Genworth Financial Announces Second Quarter 2017 Results

2017-08-01 prnewswire
Net Income Of $202 Million, Up 17 Percent Compared To Prior Year; Adjusted Operating Income Of $151 Million, Up 23 Percent Compared To Prior Year

Genworth Financial to Issue 2nd Quarter 2017 Results on August 1, 2017

2017-07-19 prnewswire
RICHMOND, Va., July 19, 2017 /PRNewswire/ -- Genworth Financial, Inc. (NYSE: GNW) today announced it would issue its earnings release containing second quarter results after the market closes on August 1, 2017; the earnings release and quarterly financial supplement will be available through the company's website, http://investor.genworth.com at the time of their release to the public. Due to the pending sale to China Oceanwide, the company does not plan to host an earnings call.

Genworth Honored with Texas MBA Pinnacle Award

2017-05-30 prnewswire
RICHMOND, Va., May 30, 2017 /PRNewswire/ -- Genworth Mortgage Insurance, an operating segment of Genworth Financial, Inc. (NYSE: GNW), was presented with the Texas Mortgage Bankers Association's ("TMBA") 2016 Pinnacle Award at the TMBA's 101st Annual Convention on May 23. The award honored the 10 TMBA member companies who have most supported the association through leadership, participation, and program contributions.

Genworth Financial - Where Else Can You Make More Than 50% In Less Than 6 Months?

2017-02-13 seekingalpha
The value of GNW’s ownership in two publicly held companies is $5.40 and the deal is only $5.43.

Earnings season may challenge Trump reflation trade

2017-02-12 theage.com.au
Despite the overarching global narrative of a return to growth and inflation, this reporting season may show that life among many listed Australian businesses remains a slog.

Earnings season may challenge Trump reflation trade

2017-02-12 smh.com.au
Despite the overarching global narrative of a return to growth and inflation, this reporting season may show that life among many listed Australian businesses remains a slog.

Trump bumps ASX through 5700 to cap solid week

2017-02-10 theage.com.au
Investors poured into shares on Friday, buoyed by more of US President Donald Trump's promises to introduce "phenomenal" tax cuts, while local investors digested a string of profit results this week as earnings season heated up.

Trump bumps ASX through 5700 to cap solid week

2017-02-10 smh.com.au
Investors poured into shares on Friday, buoyed by more of US President Trump's promises to introduce "phenomenal" tax cuts, while local investors digested a string of profit results as earnings season heats up.

Runaway Aussie Property Market Prompts Money Manager to Cut Debt - Bloomberg

2017-01-18 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Genworth Survey: Industry Acknowledges Easing of Credit Access

2016-11-30 prnewswire
50 percent of industry executives surveyed believe underwriting standards in 2016 are overly restrictive; down from 61 percent in 2014

China Oceanwide Is Buying Genworth Financial for $2.7 Billion

2016-10-24 fortune
China Oceanwide Holdings Group has agreed to buy U.S. insurer Genworth Financial for $2.7 billion in cash, the latest in a series of moves by Chinese firms to buy overseas assets as their domestic economy slows and the yuan weakens.

Oceanwide to buy US insurer Genworth for US$2.7 billion, extends Chinese M&A push

2016-10-24 channelnewsasia
HONG KONG: China Oceanwide Holdings Group Co has agreed to buy U.S. insurer Genworth Financial Inc for US$2.7 billion in cash, the latest in a series of moves by Chinese firms to buy overseas assets as their domestic economy slows and the yuan weakens.

Oceanwide to buy US insurer Genworth for US$2.7 bil, extends Chinese M&A push

2016-10-24 theedgemarkets
HONG KONG (Oct 24): China Oceanwide Holdings Group Co has agreed to buy US insurer Genworth Financial Inc for US$2.7 billion in cash, the latest in a series of moves by Chinese firms to buy overseas assets as their domestic economy slows and the yuan weakens.

China Oceanwide To Acquire Genworth Financial

2016-10-23 prnewswire
- $5.43 Per Share All-Cash Transaction Offers Greater And More Certain Stockholder Value Than Other Actionable Alternatives - Transaction Structure Intended To Increase Likelihood Of Obtaining Regulatory Approvals - $1.1 Billion In Additional Capital Commitment Enables Debt Reduction And Cash Infusion To The U.S. Life Insurance Businesses - Facilitates Long-Term Objective Of Improving U.S. Mortgage Insurance (MI) Ratings Over Time And Facilitates Growth Opportunities

Genworth Financial Announces Preliminary Charges For The Third Quarter

2016-10-23 prnewswire
$400 To $450 Million Pre-Tax Increase To Long Term Care Insurance (LTC) Claim Reserves Under U.S. GAAP $275 To $325 Million Non-Cash Tax Charges

I Was Wrong: A Post Mortem On Genworth Financial

2016-09-18 seekingalpha
I've written extensively on Genworth and been wrong every time. Here I discuss some reasons why I was wrong.

Genworth Mortgage Insurance announces special dividend

2016-08-03 theage.com.au
Genworth Mortgage Insurance Australia has shown a 20 per cent jump in half-year profit and announced a special dividend. 

Genworth Mortgage Insurance announces special dividend

2016-08-03 smh.com.au
Genworth Mortgage Insurance Australia has shown a 20 per cent jump in half-year profit and announced a special dividend. 

Markets Live: ASX rally faces big tests

2016-08-01 theage.com.au
Shares are set to open higher with the start of reporting season proper and the RBA's rates decision tomorrow key tests for the extended post-Brexit rally.

Markets Live: ASX rally faces big tests

2016-08-01 smh.com.au
Shares are set to open higher with the start of reporting season proper and the RBA's rates decision tomorrow key tests for the extended post-Brexit rally.

RBA and Rio Tinto star in busy week ahead

2016-07-31 theage.com.au
It's a big week ahead for investors, savers, and homeowners as company profits season kicks off in earnest and the RBA meets to decide whether to once again lower its cash rate target.

RBA and Rio Tinto star in busy week ahead

2016-07-31 smh.com.au
It's a big week ahead for investors, savers, and homeowners as company profits season kicks off in earnest and the RBA meets to decide whether to once again lower its cash rate target.

Genworth Financial Schedules Earnings Conference Call For August 3

2016-07-15 prnewswire
RICHMOND, Va., July 15, 2016 /PRNewswire/ -- Genworth Financial, Inc. (NYSE: GNW) today announced it would issue its earnings release and financial supplement containing second quarter results after the market closes on August 2, 2016. A conference call will be held on August 3 at 9:00 a.m. (ET) to discuss the quarter's results. At this time, the company will report on business results and provide a progress update on its strategic priorities.

Genworth 2016 Annual Cost of Care Study: Home Care Costs Remained Flat in Alabama; Overall Costs are Down

2016-06-28 prnewswire
RICHMOND, Va., June 28, 2016 /PRNewswire/ -- While the cost to receive long term care services at home with a home health aide has increased nationally, these costs in Alabama have remained flat, according to Genworth's 13th annual Cost of Care Study. Home is where most Americans receive long term care1.