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Genworth Financial Suspends Dividend, Buyback and 2008 Full-Year Outlook
In a move that had been anticipated for months, life and mortgage insurance company Genworth Financial(GNW Quote) suspended its annual dividend amid a net loss of $258 million in its third-quarter earnings report.
The company also suspended its share-buyback program, as well as its previously announced 2008 full-year outlook projections. ...
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