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$GNW announced that its subsidiary Genworth Life & Annuity Insurance Co. has agreed to sell blocks of term life insurance to Protective Life Insurance Co. It expects to record an after-tax GAAP loss of $275-325MM in 3Q15. The deal is expected to close in 1Q16. $GNW will continue to administer & service these policies, representing about $108.7Bil.
$DB is going to cut off services for about 3,400 clients in equities trading.
$F stock slid more than 2% after the company issued two safety recalls involving more than 650,000 Ford Fusion and Lincoln MKZ model cars.
The new CEO of $SBUX, Kevin Johnson, has some pretty large shoes to fill but there are many who have good faith in his ability to do so.
$TSLA opening a showroom in Michigan. A bold move !!