2.86 0.00 (0.00%)
After hours: 4:33PM EDT
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||2.86 - 2.93|
|52 Week Range||2.67 - 4.23|
|PE Ratio (TTM)||1.75|
|Earnings Date||Apr 26, 2017 - May 1, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.38|
Genworth Financial hasn’t yet secured regulatory approval for its proposed $2.73 billion sale to China Oceanwide Holdings. Bondholders have an interest in the deal, since Oceanwide had committed to contribute ...
Genworth Financial (GNW) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
RICHMOND, Va., March 7, 2018 /PRNewswire/ -- Genworth Financial, Inc. (GNW) announced today that it successfully closed a $450 million senior secured term loan (the "Term Loan"). The Term Loan has a 5-year term, bears interest at a per annum rate equal to the London Interbank Offered Rate ("LIBOR") plus 4.50%, and was issued at a price equal to 99.5% of par value. The proceeds of the Term Loan will be used, together with cash on hand, to repay existing indebtedness and transaction fees and expenses, and could be used to pay Genworth's 6.515% senior unsecured notes due May 2018. China Oceanwide Holdings Group Co., Ltd. ("Oceanwide") through its affiliate, Oceanwide Center LLC, was the lead investor in the Term Loan with a $60 million allocation. Genworth was advised on the new financing by Sidley Austin LLP. Goldman Sachs Lending Partners LLC and JPMorgan Chase Bank, N.A. acted as joint lead arrangers and joint book runners for the Term Loan.
RICHMOND, Va., Feb. 28, 2018 /PRNewswire/ -- Genworth Financial, Inc. (GNW) announced today that it has successfully allocated and priced its proposed $450 million senior secured term loan (the "Term Loan"). The Term Loan will be issued at a price equal to 99.5% of par value and bear interest at a per annum rate equal to the London Interbank Offered Rate ("LIBOR") plus 4.50%. The closing of the proposed Term Loan is expected to occur on March 7, 2018 and is subject to customary closing conditions. The proceeds of the Term Loan are expected to be used, together with cash on hand, to repay existing indebtedness and transaction fees and expenses, and could be used to pay Genworth's 6.515% senior unsecured notes due May 2018 (the "2018 Notes"). Genworth Financial, Inc. (GNW) is a Fortune 500 insurance holding company committed to helping families achieve the dream of homeownership and address the financial challenges of aging through its leadership positions in mortgage insurance and long term care insurance. Headquartered in Richmond, Virginia, Genworth traces its roots back to 1871 and became a public company in 2004. For more information, visit genworth.com.
RICHMOND, Va., Feb. 22, 2018 /PRNewswire/ -- Genworth Financial, Inc. (GNW) is mourning the death of its longest serving director, James A. Parke, who passed away on February 21, 2018, after a long illness. "We are deeply saddened by Jim's passing," said James S. Riepe, Genworth non-executive chairman of the board.
RICHMOND, Va., Feb. 22, 2018 /PRNewswire/ -- Genworth Mortgage Insurance, an operating segment of Genworth Financial, Inc. (GNW), today released its First-Time Homebuyer Market Report for the fourth quarter and full year 2017.
RICHMOND, Va., Feb. 21, 2018 /PRNewswire/ -- Genworth Financial, Inc. (GNW) announced today its expected statutory capital and cash flow testing (CFT) results for its U.S. life insurance companies for the year ended December 31, 2017. From time to time, Genworth releases important information via postings on its corporate website.
It’s no secret that blue-chip General Electric (NYSE:GE) has fallen on hard times. The GE stock price continues to hit new lows, as a multitude of problems face the industrial conglomerate. It turns out, despite shedding the bulk of GE Capital, the cancer of General Electric’s former finance division is still plaguing GE.
NEW YORK, Feb. 14, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of NRG ...
Moody's Investors Service has confirmed the B2 senior unsecured debt ratings of Genworth Holdings, Inc. (Holdings). Moody's also assigned a Ba3 debt rating to Holdings new senior secured term loan (term ...
A.M. Best has downgraded the Financial Strength Rating to B+ from B++ and the Long-Term Issuer Credit Rating to “bbb-” from “bbb” of Genworth Life and Annuity Insurance Company .
RICHMOND, Va., Feb. 12, 2018 /PRNewswire/ -- Genworth Financial, Inc. (GNW) announced today that it has commenced the syndication of a proposed senior secured term loan in an aggregate principal amount of up to $450 million (the "Term Loan"). Goldman Sachs Bank USA and JPMorgan Chase Bank, N.A. will act as joint lead arrangers and joint book runners for the Term Loan.
GE shocked investors and accounting experts last week with charges stemming from its long-term care business, but other companies regularly adjust loss reserves. So what happened?
Solid performance at U.S. Mortgage and Canada Mortgage Insurance segments plus lower expenses aid Genworth Financial (GNW) in Q4.
NEW YORK, NY / ACCESSWIRE / February 7, 2018 / Genworth Financial, Inc. Class A (NYSE: GNW ) will be discussing their earnings results in their Q4 Earnings Call to be held on February 7, 2018 at 9:00 AM ...
On a per-share basis, the Richmond, Virginia-based company said it had net income of 70 cents. Earnings, adjusted for non-recurring gains, came to 65 cents per share. The financial services company posted ...