Genworth Financial Tanks On Long-Term Healthcare Risk
July 30, 2014 at 13:17 PM EDT
Associated Press Actor Peter Sellers in a wheelchair. Health and life insurer Genworth may need to set aside much more money to account for long-term health insurance claims, and that’s sending the stock sharply lower today. Genworth Financial (GNW) stock was down more than 13% to $14.14 in afternoon trading. Morgan Stanley analysts Nigel Dally, Hayley Locker and Laura Sanchez, [...]