Shares of Genworth Financial Inc (NYSE:GNW) ended Friday session in green amid volatile trading. The shares closed up +0.09 points or 1.91% at $4.80 with 8,505,051 shares getting traded. Post opening the session at $4.70, the shares hit an intraday low of $4.62 and an intraday high of $4.85 and the price vacillated in this range throughout the day. The company has a market cap of $2.44 billion and the numbers of outstanding shares have been calculated to be 498.34 million shares.
On Aug. 17, 2016 Genworth Mortgage Insurance, an operating segment of Genworth Financial, Inc. (GNW), announced an expansion of its Homebuyer Privileges® program to include discounts for nearly 300,000 retailers nationwide, including Target, Costco, Sears Commercial and ADT, among others.
The enhanced program, unique to the industry, allows homebuyers to save up to $7,500 through a variety of retailer coupons. Loan Officers can extend these savings to homebuyers regardless of whether or not their loan includes private mortgage insurance from Genworth Mortgage Insurance. Homebuyers have up to 12 months to enroll in the program, and up to 12 months after enrolling to utilize the discounts.
“Our research shows that down payments are still the biggest obstacle to homeownership for many consumers,” said Rohit Gupta, President and Chief Executive Officer, Genworth Mortgage Insurance. “By expanding our Homebuyer Privileges program, our customers can offer even more savings that might allow prospective homebuyers to better control their costs and achieve their homeownership dreams sooner.”
Shares of Royal Bank of Scotland Group PLC (NYSE:RBS) ended Friday session in green amid volatile trading. The shares closed up +0.10 points or 1.87% at $5.46 with 1,437,039 shares getting traded. Post opening the session at $5.45, the shares hit an intraday low of $5.40 and an intraday high of $5.47 and the price vacillated in this range throughout the day. The company has a market cap of $32.46 billion and the numbers of outstanding shares have been calculated to be 11.76 billion shares.
Royal Bank of Scotland Group PLC (RBS) provides banking and financial products and services to personal, commercial, corporate, and institutional customers worldwide. The company operates through Personal & Business Banking (PBB), Commercial & Private Banking (CPB), Corporate & Institutional Banking (CIB), Capital Resolution, Williams & Glyn, and Central Items & Other segments. It offers various traditional retail banking products, including current and savings accounts, residential mortgages, credit cards, loan products, and investment services. The Royal Bank of Scotland Group plc was founded in 1727 and is headquartered in Edinburgh, the United Kingdom.