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GE to take $6.2 billion charge after being burned by insurance

2018-01-16 livemint
New York: General Electric Co. will take a charge of $6.2 billion tied to a legacy insurance portfolio, a new setback for a company already struggling with weak sales in some of its industrial markets. (40-0)

GE to Take $6.2 Billion Charge After Being Burned by Insurance - Bloomberg

2018-01-16 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. (40-0)

Wall Street Is Just Acting Stupid, So It's Time To Buy These 2 High-Yield REITs

2018-01-16 seekingalpha
Despite the stock market kicking off 2018 with a bang, REITs have been hit hard by concerns over rising interest rates. (36-2)

Genworth: Additional Thoughts On Plan-B And Valuation

2018-01-12 seekingalpha
This is a Follow-On Piece to Our Prior Article Regarding Genworth's Plan B Options if the China Oceanwide Merger is Blocked by Regulators. (18-0)

M&A Deal Overshadowing The Value Of Genworth Financial's Bonds

2018-01-08 seekingalpha
Genworth Financial (GNW) shareholders have been in a holding pattern for nearly 15 months waiting on whether or not the proposed sale to China Oceanwide will close. Shares of the insurer are near a 52-week low and spent the latter half of 2017 under pressure. China Oceanwide has recommitted multiple times to closing the deal and the current deadline is set for April 1, 2018. While the growing arbitrage opportunity has been tempting for shareholders, an examination of Genworth’s bonds may provide a safer high yield return. (15-0)

Genworth: Time For Plan B?

2018-01-05 seekingalpha
Genworth's Acquisition by China Oceanwide for $5.43/share in Cash is in Doubt Due to CFIUS Concerns. (151-1)

Deals of the day-Mergers and acquisitions

2018-01-04 reuters
Jan 4 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2135 GMT on Thursday: (49-1)

Deals of the day-Mergers and acquisitions

2018-01-04 reuters
Jan 4 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Thursday: ** Robert Bosch GmbH, the German auto supplier and engineering group, said it had agreed to buy a 5 percent stake in HERE, the digital mapping firm jointly controlled by carmakers BMW, Daimler and Volkswagen’s Audi. ** Shun Tak Holdings Ltd said it would team up with Perennial Real Estate Holdings Ltd and other firms in Singapore and Thailand to jointly invest up to $1. (29-0)

Genworth says new mitigation in Oceanwide deal will be "more robust"

2018-01-03 reuters
WASHINGTON (Reuters) - China’s Oceanwide Holdings Co Ltd (000046.SZ) and insurer Genworth Financial Inc (GNW.N) are working to amend a proposed deal in hopes of winning approval from a U.S. national security panel, Genworth said in a statement on Wednesday. (15-0)

Shah Capital Management - All Holdings - 13F 13D 13G Filings - Fintel.io

2018-01-03 fintel.io
Shah Capital Management has disclosed 13 total holdings in their latest SEC filings. Most recent portfolio value is calculated to be $ 198,749,000 USD. Actual Assets Under Management (AUM) is this value plus cash (which is not disclosed). Shah Capital Management's top holdings are China Yuchai International, Ltd (NYSE:CYD) , Genworth Financial, Inc. (NYSE:GNW) , Avon Products, Inc. (NYSE:AVP) , VEON Ltd. (47-1)

Genworth Financial, American Outdoor Brands Plunge into Wednesday’s 52-Week Low Club

2018-01-03 247wallst
January 3, 2018: Here are four stocks trading with heavy volume among 35 equities making new 52-week lows in Wednesday’s session. On the NYSE advancers led decliners by less than  3 to 2 and on the Nasdaq, advancers and decliners by about the same margin. (49-1)

Analysis: Ant's MoneyGram failure casts pall over Chinese dealmaking

2018-01-03 in.reuters
HONG KONG (Reuters) - Last January, Alibaba founder Jack Ma met with Donald Trump, then the U.S. president-elect, to discuss helping one million small U.S businesses access Chinese consumers through the e-commerce giant’s online platform. (15-0)

US shoots down MoneyGram’s sale to China’s Ant Financial

2018-01-02 scmp
Alibaba’s financial affiliate drops $1.2 billion deal to buy MoneyGram after US panel raised national security concerns over the acquisition. (103-0)

US shoots down MoneyGram's sale to China's Ant Financial

2018-01-02 channelnewsasia
MoneyGram International Inc and Alibaba Group Holding Ltd's Ant Financial Services Group said on Tuesday they have agreed to terminate their amended merger agreement. (103-0)

General Electric, GNC Holdings Slink into Thursday’s 52-Week Low Club

2017-12-28 247wallst
December 28, 2017: Here are four stocks trading with heavy volume among 36 equities making new 52-week lows in Thursday’s session. On the NYSE advancers led decliners by about 3 to 2 and on the Nasdaq, advancers and decliners by slightly better than 3 to 2. (38-0)

CUSIP: 37247D106