August 2, 2017 / 2:58 PM / 18 days ago

BUZZ-Genworth MI Canada: Soars on better-than-expected profit

** Canadian insurer's shares up 6.3 pct at C$38.48

** Stock soars as much as 10.5 pct, hits 2-1/2 year high on the TSX

** Q2 net operating income rises to C$126 mln from C$99 mln, helped by lower losses on claims and higher premiums.

** Operating EPS of C$1.36 beats estimates, EPS has beaten estimates for the 8th consecutive quarter

** More than 264,000 shares traded, 1.4x their 30-day moving avg

** Up to Tuesday's close, Genworth MI Canada had risen 3.8 pct YTD

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below