Genworth Financial Inc.

Bank of America has published a report on Genworth Financial Inc. (NYSE: GNW) reviewing Q2 performance. In the report, Bank of America wrote, "After the market closed on July 20th, Genworth preannounced a 2Q operating loss of $0.14-$0.18 per share (vs. a profit of $0.24), widely missing both our...

According to Deutsche Bank, Genworth Financial (NYSE: GNW) announced that it will sell its Medicare supplement business to Aetna Inc. for $290 mm. Deutsche Bank said that the transaction is expected to close in 4Q'11. “This business produced $13 mm of operating income in 2010 and had book value of...

According to J.P. Morgan, although earnings for Genworth Financial (NYSE: GNW) were below J.P. Morgan's estimate, the overall business trends were better than expected leaving a neutral rating on GNW. In the report, J.P. Morgan said, "Our fundamental outlook remains negative, and we could get...

The stock price of insurer Genworth Financial Inc. (NYSE: GNW) climbed to a 52 week high on Friday when the company reported quarterly results that beat analyst expectations. Genworth Financial reported that 4th quarter net income available to common shareholders rose to $40 million, or 8 cents per...