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Genworth Financial Inc (GNW.N)

GNW.N on New York Stock Exchange

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19 Jan 2018
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Latest Key Developments (Source: Significant Developments)

Genworth And Oceanwide Provide Update On Efforts To Obtain CFIUS Clearance
Thursday, 4 Jan 2018 

Jan 4 (Reuters) - Genworth Financial Inc ::GENWORTH AND OCEANWIDE PROVIDE UPDATE ON EFFORTS TO OBTAIN CFIUS CLEARANCE.GENWORTH FINANCIAL INC SAYS EXTENDED MERGER AGREEMENT TO APRIL 1, 2018.  Full Article

Genworth Australia Finalizes Premium Earning Pattern
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Genworth Financial Inc ::GENWORTH AUSTRALIA FINALIZES PREMIUM EARNING PATTERN AND UPDATES FY2017 GUIDANCE.GENWORTH FINANCIAL - ‍CHANGE IN PREMIUM EARNING PATTERN DOES NOT AFFECT TOTAL AMOUNT OF REVENUE EARNED OVER TIME FROM PREMIUMS ALREADY WRITTEN​.  Full Article

Genworth And Oceanwide Extend Merger Agreement
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - Oceanwide Holdings Co Ltd <000046.SZ>::GENWORTH AND OCEANWIDE EXTEND MERGER AGREEMENT.GENWORTH FINANCIAL - CO, CHINA OCEANWIDE HOLDINGS AGREED TO SECOND WAIVER AND AGREEMENT OF EACH PARTY'S RIGHT TO TERMINATE MERGER.GENWORTH FINANCIAL INC - SECOND WAIVER AND AGREEMENT EXTENDS PREVIOUS DEADLINE OF NOV. 30, 2017, TO APRIL 1, 2018.GENWORTH - COS PROGRESSING IN DISCUSSIONS WITH U.S. THIRD-PARTY SERVICE PROVIDER ON MITIGATION APPROACHES, WHICH JUSTIFIED AGREEMENT EXTENSION.GENWORTH - COS EXPECT TO REFILE JOINT VOLUNTARY NOTICE WITH CFIUS IN NEAR TERM.GENWORTH - BOARD CONTINUES TO BELIEVE DEAL WITH OCEANWIDE IS BEST OPTION FOR SHAREHOLDERS & OTHER STAKEHOLDERS.  Full Article

Genworth Financial Q3 earnings per share $0.21
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Genworth Financial Inc : :Genworth Financial announces third quarter 2017 results.Q3 adjusted operating earnings per share $0.15.Q3 earnings per share $0.21.Q3 earnings per share view $0.24 -- Thomson Reuters I/B/E/S.Genworth Financial Inc - ‍net investment income was $797 million in quarter, down from $801 million in prior quarter and $805 million in prior year​.Genworth - ‍currently reviewing potential refinancing options to address upcoming debt maturities in event deal with oceanwide cannot be completed.Genworth Financial Inc qtrly ‍total revenues of $2,215 million versus $2,150​ million.Genworth Financial Inc - ‍book value per share $26.19 at quarter-end versus $29.84​ at end of q3 2016.  Full Article

South Carolina and Vermont regulators approve acquisition
Monday, 9 Oct 2017 

Oct 9 (Reuters) - Genworth Financial Inc :South Carolina and Vermont regulators approve proposed Oceanwide acquisition of Genworth's domiciled insurance companies.  Full Article

Genworth Financial Q2 earnings per share $0.34
Tuesday, 2 Aug 2016 

Genworth Financial Inc : Genworth financial announces second quarter 2016 results . Q2 earnings per share $0.34 . Genworth financial inc says net investment income decreased to $779 million in quarter, down from $789 million in prior quarter . Genworth financial inc says in q2 life insurance had net operating income of $31 million, compared with $31 million in prior quarter and $22 million in prior year . Q2 earnings per share view $0.21, revenue view $2.08 billion -- Thomson Reuters I/B/E/S . Q2 operating earnings per share $0.25 . "additional steps taken toward repatriation of bermuda subsidiary" . Genworth financial inc says in q2 u.s. Mi net operating income was $61 million, compared with $61 million in prior quarter and $49 million in prior year .Qtrly revenue total revenues $2.24 billion versus $2.16 billion.  Full Article

Deals of the day-Mergers and acquisitions

Jan 4 The following bids, mergers, acquisitions and disposals were reported by 2135 GMT on Thursday: