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Genworth Financial, Inc. (NYSE:GNW) Is Today'??™s Top Stock To watch; The Walt Disney Company (NYSE:DIS) And The Hanover Insurance Group, Inc. (NYSE:THG) Is Expected To See Active Trading In Today's Market

 

Saturday, Aug 01,2009, 1:21:39 PM   Click:

Dallas, TX - LiquidTycoon.com is pleased to alert investors of stocks on the move.

Genworth Financial, Inc. (NYSE:GNW) on July 30, 2009, reported 2Q2009 net loss of $50 million, or $0.11 a share. That compares to a net loss of $109 million, or $0.25 a share, in 2Q2008. Net operating income, which excludes net realized investment gains and losses, was $9 million, or $0.02 a share, in the latest period. Genworth was expected to make $0.16 a share, according to the average estimate of 14 analysts polled by Thomson Reuters. The company's U.S. Mortgage Insurance unit suffered a $134 million net operating loss, as higher incurred losses in the quarter overwhelmed loss-mitigation efforts and other benefits. Yesterday, the stock closed at $7.11.

The Walt Disney Company (NYSE:DIS), yesterday, July 30, 2009, reported that in the fiscal 3Q2009, the company earned $954 million, or $0.51 a share, compared with a profit of $1.29 billion, or $0.66 a share, in 3Q2008. Excluding items, the company would have earned $0.52 a share in the latest three months. Revenue fell 7% to $8.6 billion from $9.24 billion. Analysts polled by Thomson Reuters expected to see a profit of $0.51 a share on sales of $8.83 billion. In the last trading session, the stock closed at $26.22.

The Hanover Insurance Group, Inc. (NYSE:THG) on July 30, 2009, reported that it swung to a profit of $64.4 million, or $1.25 a share. The profit included $0.43 a share from a debt restructuring. In the year-earlier quarter, Hanover posted a net loss of $10.2 million, or 20 cents a share. Net premiums written during the quarter rose 3.5% to $663 million. Hanover shares closed at $39.92 ahead of the earnings report.


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Liquid Tycoon is an independent electronic publication that provides information on selected publicly traded companies. Liquid Tycoon is not a registered investment advisor or broker-dealer. Liquid Tycoon affiliates, officers, directors and employees may buy and sell additional shares in any company mentioned herein and may profit in the event those shares rise in value. Please do your own Due Diligence before investing in any of the stocks mentioned above.

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