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REFILE-UPDATE 2-Genworth defers mortgage insurance unit's IPO due to volatile trading

By Reuters Staff
(Corrects typographical error in first paragraph)
May 13 (Reuters) - Insurer Genworth Financial Inc said on Thursday it had deferred the initial public offering of its mortgage insurance unit, Enact Holdings, citing significant trading volatility in the sector.
“Genworth’s Board of Directors determined that current market pricing for the planned offering does not accurately reflect Enact’s value,” Genworth Chief Executive Officer Tom McInerney, said.
McInerney said Genworth will continue to evaluate its options as market conditions develop.
The listing was proposed after a $2.7 billion buyout agreement between Genworth and billionaire Lu Zhiqiang’s investment firm, China Oceanwide Holdings Group Co, fell through last month. ....

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Genworth defers mortgage insurance unit's IPO due to volatile trading

By Reuters Staff
(Corrects typographical error in first paragraph)
(Reuters) -Insurer Genworth Financial Inc said on Thursday it had deferred the initial public offering of its mortgage insurance unit, Enact Holdings, citing significant trading volatility in the sector.
“Genworth’s Board of Directors determined that current market pricing for the planned offering does not accurately reflect Enact’s value,” Genworth Chief Executive Officer Tom McInerney, said.
McInerney said Genworth will continue to evaluate its options as market conditions develop.
The listing was proposed after a $2.7 billion buyout agreement between Genworth and billionaire Lu Zhiqiang’s investment firm, China Oceanwide Holdings Group Co, fell through last month. ....

United States , District Of Columbia , Niket Nishant , Vinay Dwivedi , Tom Mcinerney , Noor Zainab Hussain , Lu Zhiqiang , Insurer Genworth Financial Inc , Thomson Reuters Trust Principles , China Oceanwide Holdings Group Co , Goldman Sachs Co , Genworth Holdings , Enact Holdings , Chief Executive Officer Tom Mcinerney , North Carolina Based , Goldman Sachs , Echo Wang , Thomson Reuters Trust , Corporate Events , Content Produced In Bangalore , Company News , Initial Public Offerings , New Issues , Multiline Insurance Amp Brokers Nec Trbc Level 5 , North America , Equity Stakes ,

MP Stuart Nash v Napier mayor Kirsten Wise as gang violence turns into political brouhaha

MP Stuart Nash v Napier mayor Kirsten Wise as gang violence turns into political brouhaha
1 Apr, 2021 02:23 AM
5 minutes to read
MP for Napier Stuart Nash says the city is safe - despite gang violence. Photo / Paul Taylor
MP for Napier Stuart Nash says the city is safe - despite gang violence. Photo / Paul Taylor
Napier MP Stuart Nash has hit out at Napier mayor Kirsten Wise for publicly stating concerns for the safety of her city, and has suggested her council should enact a gang patch ban instead.
Wise told media this week that people in her city believe they are unsafe. Her comments were published the morning before Outlaws Motorcycle Club member Peter Michael Lui was fatally stabbed in Napier s Pandora industrial area. ....

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US election: Final count under way in Georgia to decide Senate control

US election: Final count under way in Georgia to decide Senate control
5 Jan, 2021 05:09 PM
7 minutes to read
Republicans need just one victory between Perdue and Loeffler, both seeking second terms, to maintain Senate control. Video / AP
Republicans need just one victory between Perdue and Loeffler, both seeking second terms, to maintain Senate control. Video / AP
Other
By: Steve Peoples, Bill Barrow & Russ Bynum of AP
Georgia voters are deciding the balance of power in Congress in a pair of high-stakes Senate runoff elections that will help determine President-elect Joe Biden s ability to enact what could be the most progressive governing agenda in generations. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20190804:00:04:00

And it hurts. it definitely does. come here to this walmart ahead when it comes down to it, and of school starting this next you are faced with this volume week. many with their children we are of trauma. told. they are now looking at their there is a terrible loss of life here. lives being changed forever. terrible. you know that the staff there at several people i spoke to said the hospital were doing their one man lost his another woman said she saw a woman was darnedest to keep those folks shot in the leg who was screaming out for her son who alive. you also have folks who were she had been separated from. trampled over or hit by flying saying where is my sonl? another said he and his mother shrapnel or debris. all of these injuries, they come were walking into the store the right as the shots started. pound on top of each other. they ran back to their car and those folks are going to need some counseling to deal with the hid there, crouching down until effects of this long term. ....

Sunrise Hospital , School Of Criminology , Flying Shrapnel , Jon Scott , Al L , Each Other , Loved One , Parking Lot ,