Genworth Financial Announces Second Quarter 2015 Results
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August 6, 2015 6:48 AM EDT
Raymond James downgraded Genworth Financial (NYSE: GNW) from Strong Buy to Outperform with a price target of $12.00.
For an analyst ratings summary and ratings history on Genworth Financial click here. For more ratings news on Genworth Financial click here.
Shares of Genworth Financial closed at $5.65 yesterday.
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August 5, 2015 8:17 AM EDT
Macquarie upgraded Genworth Financial (NYSE: GNW) from Underperform to Neutral with a price target of $7.00 (unchanged).
For an analyst ratings summary and ratings history on Genworth Financial click here. For more ratings news on Genworth Financial click here.
Shares of Genworth Financial closed at $7.02 yesterday.
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August 4, 2015 5:11 PM EDT
Genworth Financial (NYSE: GNW) reported Q2 EPS of $0.24, $0.02 worse than the analyst estimate of $0.26. Revenue for the quarter came in at $2.16 billion versus the consensus estimate of $2.39 billion.
Strategic UpdateIn May 2015, the company sold 92.3 million shares, or approximately 14 percent, in Genworth Mortgage Insurance Australia Limited. On July 22, 2015, the company announced it had entered into exclusive negotiations with AXA S.A. after receiving an irrevocable offer to purchase its lifestyle protection insurance business, which has been previously identified as non-core. These transactions increase the financial flexibility and... More
