Nov 6- Genworth Financial Inc lost more than a third of its market value after the life and mortgage insurer said a turnaround in its long-term care business would take longer than expected and posted a surprise quarterly loss. Shares of Genworth, the largest long-term care insurer in the United States, fell as much as 38 percent, wiping out about $2.7 billion of...
*Genworth and Qualcomm slump following results. *Whole Foods rallies in bright spot for market. NEW YORK, Nov 6- U.S. stocks edged up in a volatile session on Thursday as an indication that Europe would step in with additional stimulus in the case of weak economic conditions boosted cyclical shares, though some lackluster tech results kept a lid on gains.
Genworth, Qualcomm both slump following results. *Whole Foods rallies in bright spot for market. NEW YORK, Nov 6- U.S. stocks rose slightly in a volatile session on Thursday, with investors cheered that Europe would step in with more stimulus if needed, though continued weakness in energy shares and some lackluster results kept a lid on gains.
Nov 6- Life and mortgage insurer Genworth Financial Inc said it would suspend dividends in its life business until the end of next year, and that it was open to all strategic options. Genworth shares fell as much as 38 percent on Thursday, wiping out about $2.7 billion of the company's market value. Genworth, spun off from General Electric Co a decade ago, had years ago...
*Genworth, Qualcomm both slump following results. *Whole Foods rallies in bright spot for market. Occidental Petroleum lost 1 percent to $85.60 on Thursday while Halliburton Co was off 1.6 percent to $51.51.
Nov 6- Life and mortgage insurer Genworth Financial Inc said it would suspend dividends in its life business for the rest of 2014 and 2015, and that it was open to all strategic alternatives. Genworth shares fell as much as 38 percent to $8.75 in morning trading on the New York Stock Exchange on Thursday. The company posted a surprise third-quarter loss on...
*Genworth plummets following results, conference call. NEW YORK, Nov 6- U.S. stocks were little changed near record levels on Thursday as Europe indicated support for additional measures to support the economy, if necessary, though some weak corporate results limited the market's advance. Genworth Financial plummeted 36 percent to $8.97 in heavy trading, its...
NEW YORK, Nov 6- U.S. stocks opened little changed on Thursday as weak earnings, including from Qualcomm and Genworth Financial, were offset by market-friendly comments by European Central Bank President Mario Draghi.
Aug 25- The S&P 500 broke through the 2,000 mark on Monday, a capstone in a rally that has seen the index nearly triple from its March 9, 2009, closing low of 676.53 points in the wake of the financial crisis. Priceline +1,530.3 Keurig Green +1,506.3. FirstEnergy Corp -10.0 Avon Products -6.8.
Cramer thinks pros may develop a thing for these financials. Are they on your dance card?
After hearing from top money manager John Paulson, Cramer said the following stocks deserved a closer look.
With the S&P 500 making new all time highs almost every day, do any stocks still offer value?
The "Fast Money" traders share their final trades of the day.
The Fed is expected to repeat its dovish message in the coming week, which could provide a safety net for the market amid a big wave of earnings and the April jobs report.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
Check out which companies are making headlines after the bell Wednesday:
Stocks finished near session highs Monday, with the Dow posting another record closing high and the S&P 500 within 1 percent of its 2007 peak, as investors shrugged off earlier worries over disappointing economic data from China and weakness in Europe.
Take a look at some of Monday's midday movers:
Genworth has been performing well along with other financials, and yesterday the option activity again turned bullish on the name.
Take a look at some of Monday midday movers: