Chinese takeover of mortgage insurer Genworth held up by Canada’s national security concerns [Toronto Globe and Mail (Ontario, Canada)]
Genworth Financial Inc (GNW)
Last genworth financial inc earnings: 10/29 05:10 pm
Check Earnings Report
US:NYSE Investor Relations:
genworth.com/corporate/investors.html
Company Research
Source: Toronto Globe and Mail
Chinese takeover of mortgage insurer Genworth held up by Canada’s national security concerns The federal government has national-security concerns about the Chinese acquisition of mortgage insurer Genworth Financial Inc., leaving Ottawa as the major holdout in a lengthy cross-border merger review. In October, 216, Genworth Financial announced a deal to be acquired by China Oceanwide Holdings Group Co. Ltd., a privately held conglomerate founded by Lu Zhiqiang, for US$2.7-billion. Genworth’s stock had dropped 72 per cent over the two years prior, largely because of losses on long-term-care insurance. Genworth is based in Richmond, Va., but has a large Canadian business and is currently the country’s second-largest mortgage insurer, behind the federal government’s Canada Mortgage and Housing Corp. This division, Genworth MI Canada Inc., was spun out in an initial public offering in 29, but remains controlled by the American company. Story continues below advertisement Oceanwide needs ap
Show less
Read more
Impact Snapshot
Event Time:
GNW
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GNW alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GNW alerts
High impacting Genworth Financial Inc news events
Weekly update
A roundup of the hottest topics
GNW
News
- 5 surprising long-term care insurance benefits you should know [CBS News]CBS News
- The 5 ‘big money' mistakes retirees (almost) always regret in 2024 [Yahoo! Finance]Yahoo! Finance
- The No. 1 mistake people in their 50s make with their money, according to a CFP—and how to fix it [CNBC]CNBC
- Genworth Financial, Inc. (NYSE: GNW) had its price target raised by analysts at Keefe, Bruyette & Woods from $6.50 to $7.00. They now have a "market perform" rating on the stock.MarketBeat
- CEOs are becoming more optimistic about the future. AI is a big reason why [Yahoo! Finance]Yahoo! Finance
GNW
Sec Filings
- 4/17/24 - Form PX14A6G
- 4/11/24 - Form S-3ASR
- 4/8/24 - Form DEFA14A
- GNW's page on the SEC website