Genworth Financial (GNW) Posts Q3 Op. Loss of 64c/Share
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Genworth Financial (GNW) Defended at BTIG
November 6, 2014 1:08 PM ESTBTIG maintained a Buy rating on Genworth Financial (NYSE: GNW) and lowered its price target to $16.00 (from $22.00). The stock declined after the company reported weak Q3 results. In the view of analyst Mark Palmer, long term care issues are more than priced into the stock.
"While the results of Genworth Financials (GNW) long term care (LTC) claim... More
Genworth Financial (GNW) Slashed on Earnings Miss, Active Life Reserves Review; Compass Point Downgrades
November 6, 2014 10:02 AM ESTGenworth Financial (NYSE: GNW) is getting slammed 36% early Thursday following the company's earnings miss and more importantly as an LTC review has extended to its Active Life Reserves... More
Compass Point Downgrades Genworth Financial (GNW) to Neutral
November 6, 2014 8:00 AM ESTCompass Point downgraded Genworth Financial (NYSE: GNW) from Buy to Neutral.
Analyst Ken Billingsley comments, "We are downgrading GNW to Neutral and suspending our price target and estimates pending the companys 3Q14 conference call and a full review of our model. While the LTC reserve review of the companys Disabled Life Reserves (DLR) produced a charge that was... More
