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Stock Market & Financial Investment News

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August 5, 2014
07:27 EDTGNWGenworth risk/reward compelling, says UBS
UBS sees the risk/reward for Genworth as compelling after the recent LTC review has created uncertainty and a loss of market cap. The firm feels if the company can achieve a 9% return on equity by 2016 the upside potential could be 70%, but if they miss the target the downside could be 25%, which UBS judges to be a good risk/reward. UBS lowered its price target on Genworth to $18 from $20 though it keeps a Buy rating on the stock.
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September 11, 2014
07:14 EDTGNWUBS to hold a conference
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