Business
General Electric Co. on Monday said it would sell up to 82 million shares of Genworth Financial Inc., cutting GE’s stake to 51% from 70% in the insurer that it spun off last year.
March 8, 2005
General Electric Co. said it planned to sell its remaining stake in Genworth Financial Inc. for about $2.8 billion as it exits the insurance sector and focuses on faster-growing businesses.
Feb. 28, 2006
The conglomerate expects to take in $2.6 billion from sales of stock in its insurance business.
March 25, 2005
The Genworth Financial offering is expected to be one of the largest in ’04. It comes as GE shifts to faster-growing sectors.
Jan. 21, 2004
Money & Company
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March 2, 2009
Feds fine four mortgage insurers $15 million for alleged kickbacks
April 4, 2013
General Electric Co.’s new boss said he’s weighing potentially dramatic changes, including a breakup of the company into separate businesses, after the iconic manufacturer said it would take a major charge related to a legacy insurance operation.
Jan. 16, 2018
* AT&T; Inc.’
Jan. 12, 2007
Four more companies confirmed Friday that they had received subpoenas from the antitrust division of the Justice Department and the Securities and Exchange Commission in a probe of bid rigging for deals to invest municipal bond proceeds.
Nov. 18, 2006
Aug. 29, 2011