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From the Blogosphere
Genworth Financial Poised to Be a Comeback Kid
Genworth Financial (GNW) has been featured on my blog Financial Tides, has been in my Jim Van Meerten/BarChart S&P 500 fund on Marketocracy for a few weeks and has been a great performer lately. GNW is a comeback story. Lately some of the rating agencies have given them a bad rap, but we know the poor record the rating agencies have had recently. <>GNW is in the "Lifestyle Protection" business. That's the new fancy name for insurance that protects income: Life Annuities, Disability, Long Term Care and Life Insurance. It has some major competition in Allianz (AZ), ING, AIG & AXA. The whole ind>...
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Cramer on BloggingStocks: From froth to investible
GNW
Cramer on BloggingStocks: Warning: The financial media can be hazardous to your portfolio
Cramer on BloggingStocks: Warning: The financial media can be hazardous to your portfolio
Morning Movers 4/13: RRR, DNDN, INFS, MGM, WLP Higher; GNW, GM, SPW, WFR, TUES Lower
RSC Holdings (NYSE: RRR) 25.8% HIGHER; highlighted in Barron's this week. Click here for the full report.Genworth Financial (NYSE: GNW) 22.9% LOWER; was informed on Thursday by the U.S. Department of the Treasury that the deadline it set for approval by the Office of Thrift Supervision of Genworth's application to become a savings and loan holding company passed before OTS completed its review of Genworth's application and Treasury will not extend the deadline. Genworth will therefore not complete its intended acquisition of InterBank, fsb of Maple Grove, Minnesota, nor will it be eligible ...
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