Genworth Mortgage Insurance, an operating segment of Genworth Financial, Inc. (NYSE: GNW), today released the 12th edition of the First-Time Homebuyer Market Report, authored by its Chief Economist, Tian Liu, for the fourth quarter of 2019. The report aggregates all publicly available government data and proprietary mortgage industry data into one digestible report. The full analysis can be viewed at https://miblog.genworth.com/first-time-homebuyer-market-report/.

Reapprovals Received From New York Department Of Financial Services (NYDFS) And Virginia Bureau Of Insurance For Pending Merger With China Oceanwide Holdings Group Co., Ltd (Oceanwide)

Companies in the news are: NVAX, GSAT, INFO, GNW

NEW YORK, NY / ACCESSWIRE / February 29, 2020 / Pomerantz LLP is investigating claims on behalf of investors of Genworth Financial, Inc. ("Genworth" or the "Company") (NYSE:GNW). Such ...

Genworth Financial, Inc. (NYSE: GNW) and China Oceanwide Holdings Group Co., Ltd. (Oceanwide) today provided an update on their pending transaction.

Q4 2019 Genworth Financial Inc Earnings Call

Genworth Financial, Inc. (NYSE: GNW) and China Oceanwide Holdings Group Co., Ltd. (Oceanwide) today announced that the Virginia State Corporation Commission, Bureau of Insurance has reapproved the proposed acquisition of control by Oceanwide of Genworth's insurance companies domiciled in Virginia. With the Virginia regulator's approval and previously received approvals and re-approvals, and subject to the receipt of the confirmations referenced below, Oceanwide has all regulatory approvals necessary to close the transaction.

Genworth Financial, Inc. (NYSE: GNW) today issued an update with respect to its pending transaction with China Oceanwide Holdings Group Co., Ltd. (Oceanwide).

Good morning, everyone, and thank you for joining Genworth's first quarter 2020 earnings call. Today, you will hear from our President and Chief Executive Officer, Tom McInerney; followed by Kelly Groh, our Chief Financial Officer. In addition to our speakers, Kevin Schneider, Chief Operating Officer; and Dan Sheehan, Chief Investment Officer, will be available to take your questions.

Genworth Financial, Inc. (NYSE: GNW) announced today its statutory capital and cash flow testing (CFT) results for its U.S. life insurance companies for the year ended December 31, 2019. Additional financial information for the year ended December 31, 2019 will be included in the various legal entity statutory annual statements and Genworth's upcoming Annual Report on Form 10-K to be filed with the Securities and Exchange Commission. The statutory capital and CFT results include:

Genworth Financial, Inc. (NYSE: GNW) and China Oceanwide Holdings Group Co., Ltd. (Oceanwide) today announced that they have agreed in principle with the New York State Department of Financial Services (NYDFS) on conditions that are expected to facilitate a reapproval by the NYDFS of the proposed acquisition of control by Oceanwide of Genworth's New York-domiciled insurance company, Genworth Life Insurance Company of New York (GLICNY). Genworth has agreed, among other things, to contribute $100 million to GLICNY at the closing of the Oceanwide transaction. The reapproval of the NYDFS remains subject to submission and approval of the documentation setting forth the agreed upon conditions. Oceanwide and Genworth are working to complete this process as soon as possible.

A Fortune 500 firm with a major Raleigh presence could be weeks away from a long-planned acquisition, but it’s not yet clear what that means for the Triangle.

NEW YORK, NY / ACCESSWIRE / February 24, 2020 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Genworth Financial, Inc. ("Genworth" or the Company") ...

Q1 2020 Genworth Financial Inc Earnings Call

We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]

Genworth Financial, Inc. (NYSE:GNW), which is in the insurance business, and is based in United States, led the NYSE...

Genworth Financial, Inc. (NYSE: GNW) and China Oceanwide Holdings Group Co., Ltd. (Oceanwide) today announced that Oceanwide has submitted supplemental materials to the New York State Department of Financial Services (NYDFS) and other U.S. insurance regulators to document the conditions that are expected to facilitate a reapproval by the NYDFS of the proposed acquisition of control by Oceanwide of Genworth's New York-domiciled insurance company, Genworth Life Insurance Company of New York (GLICNY).

Genworth Financial, Inc. (NYSE: GNW) today announced it would issue its earnings release containing first quarter results after the market closes on May 5, 2020. A conference call will be held on May 6, 2020 at 9:00 a.m. (ET) to discuss the quarter's results. At this time, the company will report on business results and provide an update on the pending transaction with China Oceanwide Holdings Group Co., Ltd.

Genworth Financial, Inc. (NYSE: GNW) and China Oceanwide Holdings Group Co., Ltd. (Oceanwide) today announced that the New York State Department of Financial Services (NYDFS) has reapproved the proposed acquisition of control by Oceanwide of Genworth's New York-domiciled insurance company, Genworth Life Insurance Company of New York (GLICNY). NYDFS' original approval expired in March 2019.

Shareholders might have noticed that Genworth Financial, Inc. (NYSE:GNW) filed its first-quarter result this time last...