U.S. stocks slip on earnings, dollar off highs
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
S&P Places Genworth Financial (GNW) Ratings on CreditWatch Developing Amid Merger Agreement
October 24, 2016 2:05 PM EDTS&P Global Ratings said it placed its ratings on Genworth Financial Inc. (NYSE: GNW), as well as the ratings on its U.S.-based mortgage insurance and life subsidiaries, Genworth Mortgage Insurance Inc. and Genworth Life and Annuity Insurance Co. (GLAIC), on CreditWatch with developing implications.
At the same time, S&P Global Ratings placed its ratings on the company's subsidiaries primarily in the long-term care business, namely Genworth Life Insurance Co. (GLIC) and Genworth Life Insurance Co. of New York (GLIC-NY), on CreditWatch with negative implications.
The CreditWatch placement... More
