Genworth Financial (GNW) Posts Q3 Op. Loss of 64c/Share

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Go back to Genworth Financial (GNW) Posts Q3 Op. Loss of 64c/Share

Genworth Financial (GNW) Defended at BTIG

November 6, 2014 1:08 PM EST

BTIG 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 EST

Genworth 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 EST

Compass 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