Wednesday, April 7, 2010 as of 11:14 AM ET
Genworth Financial is a Fortune 500 global financial security company that specializes in life and long term care insurance, wealth management, mortgage insurance, lifestyle protection insurance and annuities.
Read More at Wikipedia ›Big gun investors John Paulson, Steve Cohen, Anton Schutz and Eddie Lampert all made surprising investment moves this past quarter that investors may want to take note of, according to Wall Street research shop SNL Financial.
While hedge fund manager Paulson ditched financials, we already told you that George Soros is buying them (see Emac's Bottom Line, "Soros Dumps Google and Apple, Buys Banks" )Add Anton Schutz's Mendon Capital to the bulls on the banks, as his shop doubled its JPMorgan (NYSE:JPM) stake in the first quarter. SNL has more detail you won't want to miss:PAULSON CUTS BACK ON U.S. FINANCIALSClosely watched John Paulson is the hedge fund manager famous for making smart bets against the U.S. subprime mortgages in 2007. He's hit a rocky patch, with some of his funds dropping by a third to a half, notably due to investments in gold, which have sunk into the red.And now his fund, Paulson & Co., has taken a big scissor to holdings of U.S.-based financial services stocks in the ...Aging in place -- living out your retirement years at home, whether you stay in the house where you raised your children, downsize to an apartment or retreat to a co...
Evermore Global Advisors CEO David Marcus on the European companies investors should consider to boost their portfolios.
Investors bid up U.S. financial stocks at the open Friday as the stock market surged on better-than-expected U.S. jobs data. The Financial Select SPDR ETF , which tr...
Genworth Financial Inc. reported late Thursday a fourth-quarter profit of $107 million, or 22 cents a share, reversing a year-ago loss of $161 million, or 33 cents a...
Genworth Financial , Inc. (NYSE:GNW) swung to a profit in the fiscal fourth quarter, a result of increases in its U.S. life and mortgage insurance business, the comp...
("UPDATE: Aetna's 4Q Earnings Up 73% On Light Health Usage," at 9:10 a.m. EST, and " Aetna 4Q Net Rises 73% On Increased Membership" at 6:37 a.m. EST misstated the c...
DOW JONES NEWSWIRESAetna Inc.'s (AET) fourth-quarter earnings rose 73% as the health insurer's membership rolls increased and margins improved.Aetna has seen increas...
NEW YORK (MarketWatch] U.S. financial stocks weakened in preopen Wednesday trade after Citigroup trimmed it earnings estimates for Goldman Sachs and downgraded two o...
More than 8,000 people in America are turning 65 each day this year, and the senior population is expected to be around 49 million by the end of this year. By 2025, ...
For most American families, there's one major money-related tradition associated with Thanksgiving: Black Friday shopping. But for others, bargain hunting takes a ba...
Shares of U.S. insurers again led the financial sector lower on Tuesday with Prudential, off a bit more than 1%, leading decliners. Hartford Financial Services Group...
Health insurer Aetna (NYSE:AET) easily beat Wall Street forecasts in the third quarter despite narrowing its profit, as medical claim costs declined while consumers ...
Financial stocks surged on Tuesday, gaining momentum after a report on existing U.S. home sales, led by 7.8% jump in Genworth Financial Inc. shares and a nearly 5% r...
Shares of electronic exchange operator Intercontinental Exchange Inc. fell more than 3% on Wednesday and was the biggest loser in the S&P financial sector. Early Wed...
Shares of insurer Genworth Financial Inc rose more than 4% Wednesday morning after the firm posted results and announced the surprise resignation of chairman and chi...
Genworth Financial Inc. said late Tuesday its first-quarter income declined and that its chairman and chief executive, Michael Fraizer, resigned. Genworth reported a...
U.S. stocks ended lower Wednesday as results from IBM Corp. and Intel Corp. sapped some enthusiasm for tech stocks, and a day after the S&P 500's best day in a month...
Shares of Genworth Financial Inc. fell almost 10% on Wednesday, a day after the firm said it was delaying the planned IPO of its Australian mortgage insurance busine...
Thomson Reuters Senior research analyst Sri Raman on expectations for the first-quarter earnings season and which stocks will surprise positively or negatively.
