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ACT News and Press, AdvisorShares Vice ETF From 09/19/22

Stock Information

Company Name: AdvisorShares Vice ETF
Stock Symbol: ACT
Market: NASDAQ
Website: enactmi.com

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ACT - Enact Holdings completes XOL reinsurance transaction as part of CRT program

Enact Holdings ( NASDAQ: ACT ), the private mortgage insurance company that spun off of Genworth Financial ( GNW ), has secured ~$201M of additional excess of loss reinsurance coverage ("XOL"), the company said Monday. The credit risk transfer ("CRT") transaction c...

ACT - 3 Best Sin Stocks to Buy Now

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Given the cannabis movement that’s taken hold in recent years, I wonder if anyone cares about sin stocks anymore. So, I Googled “best sin stocks.” I came up with nearly 7,000 results . I added two...

ACT - Enact Holdings: Keeping The Shareholder Returns Coming

Summary The mortgage purchase origination market is facing real headwinds with rising interest rates and rising home prices. Private mortgage insurance is well shielded due to low customer churn. Many homeowners have locked in low mortgage rates and are unlikely to make a change. ...

ACT - Enact Announces Neenu Kainth as Chief Customer Experience Officer

RALEIGH, N.C., Aug. 22, 2022 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) , a leading provider of private mortgage insurance through its insurance subsidiaries, today announced mortgage industry veteran Neenu Kainth as the company’s new Chief Customer Experience...

ACT - Genworth Financial's L&H Insurance Business Is Valued At Less Than Zero Despite Long-Term Solvency

Genworth Financial is quite a complicated story, where they have a mortgage insurance business, Enact, and a life & health insurance business that is not well-liked by markets. They did a minority IPO of Enact which values Genworth's residual shareholding at more than its market c...

ACT - Enact Announces Quarterly Dividend

RALEIGH, N.C., Aug. 11, 2022 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that its Board of Directors declared a quarterly dividend of $0.14 per common share, payable o...

ACT - Fintech stocks take spotlight in weeks' financial winners, insurers slide

Fintechs comprised three of the five biggest financial gainers (market cap of over $2B) in the week ended August 5, while insurers dipped the most amid a slew of corporate earnings. Singapore-based fintech and delivery app Grab Holdings ( NASDAQ: GRAB ) was the top dog, surg...

ACT - Enact Holdings, Inc's (ACT) CEO Rohit Gupta on Q2 2022 Results - Earnings Call Transcript

Enact Holdings, Inc. (ACT) Q2 2022 Earnings Conference Call August 2, 2022 8:00 AM ET Company Participants Daniel Kohl – Vice President of Investor Relations Rohit Gupta – President and Chief Executive Officer Dean Mitchell – Chief Financial ...

ACT - Enact Holdings, Inc. 2022 Q2 - Results - Earnings Call Presentation

The following slide deck was published by Enact Holdings, Inc. in conjunction with their 2022 Q2 earnings call. For further details see: Enact Holdings, Inc. 2022 Q2 - Results - Earnings Call Presentation

ACT - Enact Holdings Q2 Non-GAAP EPS up Y/Y, revenue down

Enact Holdings press release ( NASDAQ: ACT ): Q2 Non-GAAP EPS of $1.26 (vs. $0.82 in prior-year quarter). Revenue of $273.5M (-0.9% Y/Y). For further details see: Enact Holdings Q2 Non-GAAP EPS up Y/Y, revenue down

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