Orlando, FL -- (SBWIRE) -- 10/09/2013 -- 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), Nuance Communications Inc.(NASDAQ:NUAN).
Genworth Financial Inc(NYSE:GNW)shares decreased 0.32% to $12.62. 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. The obligations under the credit agreement are unsecured and payment of Genworth Holdings, Inc.'s obligations is fully and unconditionally guaranteed by Genworth Financial, Inc.
Additionally, the company announced it would issue its earnings release and financial supplement containing third quarter results after the market closes on October 29, 2013. A conference call will be held on October 30 at 8:00 a.m. (ET) to discuss the quarter's results. At this time, the company will report on business results and provide a progress update on our strategic priorities.
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Nuance Communications Inc.(NASDAQ:NUAN) shares declined 1.95% to $18.13. The company on Oct. 7 announced a suite of integrated clinical documentation solutions and services specifically designed for physician practices and ambulatory clinics. The Nuance Clinic 360 suite, which allows physicians to efficiently manage mounting outpatient workloads by providing a choice when it comes to documentation methods, includes a new core offering, Clinic 360 | Transcription.
Additionally, the company on Oct. 8 announced the appointments of Brett Icahn and David Schechter to the Company's Board of Directors, effective immediately. Icahn and Schechter are Co-Managers of the Sargon Portfolio, a designated portfolio of assets within the various private investment funds comprising the Investment segment of Icahn Enterprises L.P. (NASDAQ: IEP). With these additions, Nuance's Board now comprises 11 directors.
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