Entries tagged "Genworth Financial Inc."
Banks are a hot commodity these days as insurance companies are angling to snatch them up -- no matter how small -- in a desperate effort to access the Treasury Department's Troubled Assets Relief Program. ...
Another day. Another triple-digit loss. Investors bailed from the market as more layoffs in the financial sector surfaced in the wake of the weakened economy. The Dow closed Monday down 223.73, or 2.63%, to 8,273.58 while the Nasdaq declined 34.80, or 2.29%, to 1,482.05. ...
The ranks of the mortgage insurance sector is getting thinner as the credit crisis continues. Genworth Financial Inc.'s mortgage insurance business is looking for a buyer....