Orlando, FL -- (SBWIRE) -- 10/21/2013 -- 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 Genworth Financial Inc(NYSE:GNW), SolarCity Corp (NASDAQ:SCTY).
Genworth Financial Inc(NYSE:GNW)shares increased 1.83% to $13.89. 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.
Are investors worried about the recent updates with GNW? Find out with a free trend analysis HERE
SolarCity Corp (NASDAQ:SCTY) shares jumped 9.93% to $59.46. The company on Oct. 16 announced the pricing of offerings of 3,400,000 shares of common stock at a price of $46.54 per share and $200.0 million aggregate principal amount of its 2.75% convertible senior notes due 2018 in concurrent underwritten registered public offerings. In addition, SolarCity has granted the underwriters a 30-day option to purchase up to an additional 510,000 shares of common stock and $30.0 million in aggregate principal amount of the notes. The sale of the shares of common stock and the notes are expected to close on October 21, 2013, subject to the satisfaction of customary closing conditions.
Is SCTY going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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