Genworth Financial Announces Fourth Quarter 2017 Results

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Go back to Genworth Financial Announces Fourth Quarter 2017 Results

Genworth Financial (GNW) Reports Q4 EPS of 65c, Offers Strategic Update on Oceanwide

February 6, 2018 4:48 PM EST

Genworth Financial (NYSE: GNW) reported Q4 EPS of $0.65, may not compare to the analyst estimate of $0.21.

Strategic Update

Genworth and China Oceanwide Holdings Group Co., Ltd. (Oceanwide) continue to work towards closing their previously announced proposed transaction as soon as possible.

Genworth and Oceanwide have re-filed their joint voluntary notice with the Committee on Foreign Investment in the United States (CFIUS). In connection with the new joint voluntary notice, the parties have provided CFIUS with detailed information about an additional data security risk mitigation proposal involving a U.S. third-party service... More