Genworth CEO Halts Sale Of Life Insurance Unit

Bloomberg)-- Genworth Financial Inc., the insurer that has been selling units to rebuild capital, said it will probably not get rid of its entire life and annuity operation. Genworth dropped 9.7 percent to $6.34 at 9:32 a.m. in New York, extending its decline for the year to about 25 percent. Genworth reported a second-quarter net loss of $193 million Tuesday on...

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