ACT News and Press, AdvisorShares Vice ETF From 10/07/22

RALEIGH, N.C., Oct. 07, 2022 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) today announced it will issue its third quarter earnings release after the market closes on November 1, 2022. Enact will host a conference call to review third quarter 2022 financial results on N...

Genworth Financial, Inc. (NYSE: GNW) today announced it would issue its earnings release containing third quarter results after the market closes on November 1, 2022. A conference call will be held on November 2, 2022 at 9:00 a.m. (ET) to discuss the quarter’s results. Genwor...

Summary Genworth holding company has improved its balance sheet. Recent upgrades from ratings agencies. Opportunity with LIBOR plus junior notes. For further details see: Genworth Financial: Strong Balance Sheet Offers Opportunities

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...

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...

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. ...

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...

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...

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...

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...