Monday, August 17, 2009

 

Genworth Falls After Citigroup’s Devine Says ‘Sell’

Genworth Financial Inc., the life insurer and mortgage guarantor that reported five straight quarterly losses, fell in New York trading after Citigroup Inc. recommended clients sell the company’s stock.

Genworth dropped 47 cents, or 5.4 percent, to $8.28 at 4:01 p.m. in New York Stock Exchange composite trading...

Bloomberg: Genworth Falls After Citigroup’s Devine Says ‘Sell’

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