Orlando, FL -- (SBWIRE) -- 10/18/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On American Capital Agency Corp. (NASDAQ:AGNC), Genworth Financial Inc(NYSE:GNW).
American Capital Agency Corp. (NASDAQ:AGNC) shares jumped 4.50% to $23.47. The company will begin trading ex-dividend on September 26, 2013. A cash dividend payment of $0.8 per share is scheduled to be paid on October 28, 2013.
The Company also announced that in the third quarter of 2013, it made open market purchases of approximately 11.9 million shares of American Capital Agency common stock, or 3% of the Company's outstanding shares as of June 30, 2013. The shares were purchased at an average price of $22.16 per share, including expenses, totaling approximately $263 million.
Are investors worried about the recent updates with AGNC? Find out with a free trend analysis HERE
Genworth Financial Inc(NYSE:GNW)shares increased 1.72% to $13.64. The company announced it would issue its earnings release and financial supplement containing third quarter results after the market closes on October 29, 2013.
Additionally, GNW and its wholly owned subsidiary Genworth Holdings, Inc., on Sept. 26 announced the entrance into a credit agreement that provides Genworth Holdings, Inc. with a three-year $300 million, multicurrency revolving credit facility, with a $100 million sublimit for letters of credit. The proceeds of the loans may be used for working capital and general corporate purposes.
Is GNW going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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