Khanchit Khirisutchalual/iStock via Getty Images My thesis In my view, Genworth Financial ( GNW ), as of the start of 2026, is a unique value case for investors, whose basis consists of the structure of the holding company. The company's business is basically split into two pieces: stable cash flows generated by the mortgage insurance segment through a subsidiary company, Enact Holdings ( ACT ), a...
Khanchit Khirisutchalual/iStock via Getty Images My thesis In my view, Genworth Financial ( GNW ), as of the start of 2026, is a unique value case for investors, whose basis consists of the structure of the holding company. The company's business is basically split into two pieces: stable cash flows generated by the mortgage insurance segment through a subsidiary company, Enact Holdings ( ACT ), and a historically long-term care (LTC) insurance portfolio. The main investment thesis is backed by a sum-of-the-parts discount decrease. Genworth‘s around 81.6% stake in Enact is the main value driver, ensuring a consistent flow of dividends to the parent company. This capital is strategically used to increase share holders returns. At the end of 2025 , the company began actively executing a board-approved $350 million share buyback authorization, which became a key tool for returning excess capital to shareholders. While the main risk is the LTC portfolio, which is managed through a multi-year contribution increase plan (MYRA), and its NPV exceeds 31 billion US dollars. For investors, this suggests that LTC risk is isolated, and the GNW share price still doesn‘t fully reflect the flow generated by ENACT, as well as the aggressive share reduction in the market. The subsidiary In Genworth Financial's structure , subsidiary company Enact Holdings works like the main financial stability guarantee and also the major source of cash flow. Genworth owns a controlling stake in Enact of around 81.6%, so private mortgage insurance results are fully consolidated in the group‘s financial statements. The synergy mechanism works through return on capital: Enact generates significant revenue from US housing markets and systematically transfers funds to the parent company (Genworth) through quarterly dividends and share buyback programs. These revenue flows are critically important for the strategy of Genworth because the revenues are directly used for the reduction of holding-level debt ...
Hyundai Motor Co. shares rose after the automaker’s robotics unit released a video showing its Atlas humanoid robot executing a cartwheel and backflip, highlighting its dexterity and lifelike movement. The stock, which has been on a tear since Atlas was unveiled at the CES technology conference in Las Vegas last month, jumped as much as 5.7% in Seoul trading on Tuesday. The clip, posted to Youtube...
Hyundai Motor Co. shares rose after the automaker’s robotics unit released a video showing its Atlas humanoid robot executing a cartwheel and backflip, highlighting its dexterity and lifelike movement. The stock, which has been on a tear since Atlas was unveiled at the CES technology conference in Las Vegas last month, jumped as much as 5.7% in Seoul trading on Tuesday. The clip, posted to Youtube by Hyundai’s Boston Dynamics and RAI Institute units, shows the robot performing the flawless acrobatics, before segueing into a series of earlier failed attempts where it lands face first on the ground, and stumbles into a pile of snow after attempting to run down a wet road. The video isn’t just a simple technical demonstration, but verified whether the robot could apply intelligence learned in simulation to physical space without additional manual corrections, KB Securities analysts Kang Seongjin and Kim Jiyun wrote in a note. It also showed Atlas’s response capabilities in extreme situations that far exceed general human levels, while signaling that the robot is ready for mass production, they said. Hyundai affiliates including parts supplier Hyundai Mobis Co. , logistics arm Hyundai Glovis Co. and software unit Hyundai Autoever Corp. , as well as other robotics companies such as HL Mando Co. , also rose in Seoul trading Tuesday. When the robot was unveiled last month, Hyundai said it would start to work in the carmaker’s manufacturing plants starting in 2028, including at a factory in Savannah, Georgia. It features human-scale hands with tactile sensing and fully rotational joints capable of lifting up to 110 pounds (50kg) and operating in temperatures as low as -4F (-20C) and as high as 104F, it said.
Key Points Meta Platforms makes up for its low dividend yield with strong underlying business growth and a healthy balance sheet. Meta has an exceptionally low payout ratio of just 9%. Tractor Supply has ambitious long-term targets for revenue and earnings per share growth. 10 stocks we like better than Meta Platforms › Given the recent sharp sell-off in many software companies' stocks as investor...
Key Points Meta Platforms makes up for its low dividend yield with strong underlying business growth and a healthy balance sheet. Meta has an exceptionally low payout ratio of just 9%. Tractor Supply has ambitious long-term targets for revenue and earnings per share growth. 10 stocks we like better than Meta Platforms › Given the recent sharp sell-off in many software companies' stocks as investors debate the impact AI (artificial intelligence) will have on them, it's a good time to revisit the idea of dividend-paying stocks. One of the great things about a dividend is that each payment to shareholders essentially takes some risk off the table, as it puts cash directly in shareholders' hands. In other words, without dividend payments, investors have to trust that management will make good capital allocation decisions with every penny. But a dividend payment means that investors get to decide what to do with at least a portion of a company's earnings. During times of uncertainty, therefore, it would make sense for investors to place more value on these dividend payments. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » So, for any investors looking for good dividend stock ideas to bolster their portfolios with during a period of AI-related uncertainty, here are two top ideas: rural retailer Tractor Supply (NASDAQ: TSCO) and social media company Meta Platforms (NASDAQ: META). Though these are two very different companies, they are both durable, dividend-paying companies with attractive long-term prospects. Meta: A small but notable dividend While it might seem surprising at first to see Meta show up in a list of top dividend stocks to buy, keep in mind that investors should consider more than just dividend yield when buying a dividend stock. What good is a high dividend yield, for instance, if the stock price declines over time? And why overlook a s...
Funtap/iStock via Getty Images Market review The Morningstar LSTA US Leveraged Loan Index returned 1.22% in 4Q25, as the asset class proved resilient in the face of sharply divergent performance by sector and credit quality. Performance was positive for BB-rated and B-rated loans while CCC-rated loans declined 1.59%. Overall, BB-rated loans outperformed with a gain of 1.47% followed by a gain of 1...
Funtap/iStock via Getty Images Market review The Morningstar LSTA US Leveraged Loan Index returned 1.22% in 4Q25, as the asset class proved resilient in the face of sharply divergent performance by sector and credit quality. Performance was positive for BB-rated and B-rated loans while CCC-rated loans declined 1.59%. Overall, BB-rated loans outperformed with a gain of 1.47% followed by a gain of 1.40% for B-rated loans. The technical picture softened somewhat throughout the quarter. Retail fund flows turned slightly negative as rate cuts were digested by investors. At the same time, the strength of the collateralized loan obligation (CLO) market more than offset any weakness from fund outflows. Outflows from retail loan funds totaled -$3.97 billion during the quarter, while CLO issuance of $55.34 billion remained healthy. Full year 2025 CLO issuance of $208.8 billion set a new annual record. While down quarter over quarter, activity in the new-issue loan market stayed active with $156 billion pricing bringing the year's total to $1 trillion, which is the second highest ever. Fundamentals continued to show resilience during the quarter. For public filers within the Morningstar LSTA US Leveraged Loan Index, 3Q25 earnings before interest, taxes, depreciation, and amortization (EBITDA) increased 2.9% year over year, the 20th straight positive reading dating back to 4Q20. The Morningstar LSTA US Leveraged Loan Index default rate finished 4Q at 1.23%, compared with the historical average of 3%. Sources: LCD, an offering of S&P Global Market Intelligence, and S&P Structured Finance Group. Within the Fund For 4Q25, Nomura Floating Rate Fund Institutional Class shares outperformed the Fund's benchmark, the Morningstar LSTA US Leveraged Loan Index. Key contributors to performance included: An overweight to and security selection within the materials and utilities sectors An underweight to the media and entertainment and sector Security selection within the energy sector The F...
China published a white paper about Hong Kong and national security a day after former media boss Jimmy Lai Chee-ying was jailed for 20 years under the city’s national security law. “The Chinese government is publishing this white paper to review Hong Kong’s endeavors in safeguarding national security and the experience and insights gained in the process, and also to clear up confusion and misunde...
China published a white paper about Hong Kong and national security a day after former media boss Jimmy Lai Chee-ying was jailed for 20 years under the city’s national security law. “The Chinese government is publishing this white paper to review Hong Kong’s endeavors in safeguarding national security and the experience and insights gained in the process, and also to clear up confusion and misunderstandings surrounding the issue to build consensus, and to ensure the high-quality development of...
As the Lunar New Year holiday approaches, the Chinese government has summoned Meituan, Alibaba Group Holding, Didi Chuxing, SF Express and other logistics firms to ensure the welfare of the tens of millions of gig workers who keep the country running during the rush. The “employment administrative guidance” session, held recently by the Ministry of Human Resources and Social Security, in coordinat...
As the Lunar New Year holiday approaches, the Chinese government has summoned Meituan, Alibaba Group Holding, Didi Chuxing, SF Express and other logistics firms to ensure the welfare of the tens of millions of gig workers who keep the country running during the rush. The “employment administrative guidance” session, held recently by the Ministry of Human Resources and Social Security, in coordination with six other government agencies, called on 16 major Chinese platform and logistics operators to “continuously improve labour management and effectively safeguard the rights and interests of” the gig workers, according to a ministry statement on Monday. The companies included Alibaba’s instant delivery unit Taobao Shangou and grocery chain Freshippo, Geely-backed ride-hailing app CaoCao and courier firm YTO Express. Alibaba owns the South China Morning Post. Advertisement Separately, the ride-hailing arm of Amap, Alibaba’s mapping and navigation service, was recently summoned by an interministerial office to discuss “mismanagement of third-party ride-hailing partners, undue suppression of rates and inadequate emergency response measures”, according to a Monday statement by the Ministry of Transport. The meeting also highlighted drivers’ rights, as the regulator, comprising at least 11 authorities that oversee the mobility industry, urged Amap to “strengthen care and support for drivers during the holiday period, and persistently improve working conditions and the employment environment”. Advertisement Amap pledged to “strictly meet the requirements of the meeting” and “conduct comprehensive rectification”.
Chinese regulators have advised financial institutions to rein in their holdings of US Treasuries, citing concerns over concentration risks and market volatility, according to people familiar with the matter. Bloomberg's Minmin Low reports. (Source: Bloomberg)
Chinese regulators have advised financial institutions to rein in their holdings of US Treasuries, citing concerns over concentration risks and market volatility, according to people familiar with the matter. Bloomberg's Minmin Low reports. (Source: Bloomberg)