On Wednesday, Shares of Genworth Financial Inc (NYSE:GNW), added 1.38% and closed at $5.14 in the last trading session. The last trading range of the stock ranges between $4.97 and $5.22. The company’s Market capitalization is $2.61 Billion with the total Outstanding Shares of 498.34 Million. Genworth Financial, Inc. provides insurance and homeownership solutions in the United States and internationally. It operates through five segments: U.S. Mortgage Insurance, Canada Mortgage Insurance, Australia Mortgage Insurance, U.S. Life Insurance, and Runoff. The U.S. Mortgage Insurance segment offers mortgage insurance products mainly insure prime-based and individually underwritten residential mortgage loans. The Canada Mortgage Insurance segment provides flow mortgage insurance; and bulk mortgage insurance products and services that aid in the sale of mortgages to the capital markets, in addition to assists lenders manage capital and risk in Canada. The Australia Mortgage Insurance segment offers flow mortgage insurance, in addition to bulk mortgage insurance that aids in the sale of mortgages to the capital markets in Australia. The U.S. Life Insurance segment offers long-term care insurance products, in addition to service traditional life insurance and fixed annuity products in the United States. The Runoff segment covers non-planned products, which mainly include variable annuity, variable life insurance, institutional, corporate-owned life insurance, and accident and health insurance products. This segments institutional products include funding agreements, funding agreements backing notes, and guaranteed investment contracts. It distributes its products and services mainly through designated independent producers, financial intermediaries, employer groups, and sales specialists.
Penn West Petroleum Ltd (USA)(NYSE:PWE), jumped 3.83% and closed at $1.90 in the last trading session. The last trading range of the stock ranges between $1.86 and $1.96. The company’s Market capitalization is $941.34 million with the total Outstanding Shares of 502.30 Million. PENN WEST PETROLEUM LTD. (TSX – PWT; NYSE – PWE) (“Penn West”, “we”, “us” or “our”) is happy to declare that David French will be joining the company as President and Chief Executive Officer and will join the Board of Directors with effect from October 24, 2016 succeeding Dave Roberts who has been in the role since June, 2013.
Mr. French, 47, most recently served as President and CEO of Bankers Petroleum Ltd., a Calgary-based publicly-traded oil and gas company with operations in Southeastern Europe. Mr. French successfully led the operational and commercial growth of the enterprise over his tenure. He has worked a wide range of reservoir rock types, and primary, secondary and tertiary development throughout Canada, the lower 48 United States and Europe. Before joining Bankers in 2013, Mr. French held several executive roles at Apache Corporation counting Regional Production Manager for the western Canadian business, and Global Vice President of Business Development. Earlier in his career Mr. French worked for McKinsey & Co. in energy consulting and built his career in the Permian Basin for Amoco Production Company (now BP). Mr. French holds a Bachelor’s degree in mechanical engineering from Rice University and an MBA from Harvard Business School.
Newfield Exploration Co. (NYSE:NFX), jumped 2.83% and closed at $43.31 in the last trading session. The last trading range of the stock ranges between $42.49 and $43.89. During the 52-week trading session the minimum price at which share price traded, registered at $20.84 and reached to max level of $47.56. Newfield Exploration Company (NFX) will host its third quarter 2016 earnings conference call at 10:00 a.m. (CT), Wednesday, November 2, 2016. The Company plans to release its third quarter financial and operating results after market close on November 1, 2016.
Newfield Exploration Company is an independent energy company engaged in exploration, development and production of crude oil, natural gas and natural gas liquids. We are focused on North American resource plays and our principal areas of operation include the Mid-Continent and the Rocky Mountains. In addition, the Company has oil developments offshore China.