Monthly Archive: May 2018

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Genworth, China Oceanwide To Alter Acquisition Deal

More changes are being made in Genworth Financial Inc.’ s long-delayed plan to be acquired by the China- based investment firm China Oceanwide Holdings Group Co. Ltd.. Henrico County- based Genworth, an insurance company with thousands of employees in Virginia, said Wednesday that the two companies are developing a new capital structure for the deal, after…

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Lincoln Financial Group Reports 1Q Results

Lincoln Financial Group today reported net income for the first quarter of 2018 of $367 million, or $1.64 per diluted share available to common stockholders, compared to net income in the first quarter of 2017 of $435 million, or $1.89 per diluted share available to common stockholders. “We started the year strong with record first-quarter adjusted operating…

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