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In June 2009, Genworth MI Canada, its Canadian mortgage insurance subsidiary, completed an initial public offering on the Toronto Stock Exchange, raising $850 million. In June 2011, the company sold Continental Life Insurance, which provided Medigap insurance policies, to Aetna for $290 million.
Earnings per share ( EPS) is the monetary value of earnings per outstanding share of common stock for a company. It is a key measure of corporate profitability and is commonly used to price stocks. [1] In the United States, the Financial Accounting Standards Board (FASB) requires EPS information for the four major categories of the income ...
The price–earnings ratio, also known as P/E ratio, P/E, or PER, is the ratio of a company's share (stock) price to the company's earnings per share. The ratio is used for valuing companies and to find out whether they are overvalued or undervalued. As an example, if share A is trading at $24 and the earnings per share for the most recent 12 ...
Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.
Earnings per share, or EPS, is the company’s net profit divided by the number of publicly traded shares. The price to earnings ratio, or P/E, lets us know how much each dollar of profit costs in ...
Ticker tape. Ticker tape was the earliest electrical dedicated financial communications medium, transmitting stock price information over telegraph lines, in use from around 1870 through 1970. It consisted of a paper strip that ran through a machine called a stock ticker, which printed abbreviated company names as alphabetic symbols followed by ...
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