Agreement in Principle Reached with New York Regulator Regarding Proposed Oceanwide Acquisition of Genworth's New York-Domiciled Insurance Company
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: PR Newswire
RICHMOND, Va., March 2, 2020 /PRNewswire/ -- Genworth Financial, Inc. (NYSE: GNW) and China Oceanwide Holdings Group Co., Ltd. (Oceanwide) today announced that they have agreed in principle with the New York State Department of Financial Services (NYDFS) on conditions that are expected to facilitate a reapproval by the NYDFS of the proposed acquisition of control by Oceanwide of Genworth's New York-domiciled insurance company, Genworth Life Insurance Company of New York (GLICNY). Genworth has agreed, among other things, to contribute $100 million to GLICNY at the closing of the Oceanwide transaction. The reapproval of the NYDFS remains subject to submission and approval of the documentation setting forth the agreed upon conditions. Oceanwide and Genworth are working to complete this process as soon as possible.In addition, the parties are providing supplemental information to certain U.S. insurance regulators to reflect the planned capital contribution to GLICNY at the closing of t
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
- Genworth Financial, Inc. (NYSE: GNW) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Why seniors should apply for long-term care insurance before 2025 [CBS News]CBS News
- I'm 71 with $2 million in retirement savings and a conservative investment strategy. Am I doing this right? [Yahoo! Finance]Yahoo! Finance
- How can I pay for my health care without tapping into my home equity? [Yahoo! Finance]Yahoo! Finance
- Genworth Financial Inc (GNW) Q3 2024 Earnings Call Highlights: Strong Financial Performance ... [Yahoo! Finance]Yahoo! Finance
GNW
Sec Filings
- 11/7/24 - Form 10-Q
- 11/6/24 - Form 8-K
- 10/29/24 - Form 13F-HR
- GNW's page on the SEC website