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Trading Day: Local SEC filings for 3 4 21 - Richmond BizSense

Trading Day: Local SEC filings for 3.4.21 Apple Hospitality REIT (APLE) The hotel-focused real estate investment trust filed its year-end earnings report. In 2020, the company reported a net loss of $173.2 million, compared to a net income of $171.9 million in 2019. Click here to see the full report. The company also filed its quarterly earnings report for the period ended Dec. 31. The company reported a net loss of $51.2 million. The company reported a net income of $25.5 million for the same period in 2019. Atlantic Union Bankshares (AUB) The parent of Atlantic Union Bank said it prepaid $200 million of its 1.78% fixed rate long term Federal Home Loan Bank advance, which had a remaining maturity of approximately 7.5 years. As a result, the company incurred an after tax prepayment penalty of $11.6 million in the first quarter of 2021. It expects the prepayment will add $2.6 million in net income annually.

Genworth sells its interest in Australian mortgage insurance business to help pay debts

Genworth Financial Sells Its Stake In Genworth Mortgage Insurance Australia

Genworth Financial Sells Its Stake In Genworth Mortgage Insurance Australia WASHINGTON (dpa-AFX) - Genworth Financial Inc. (GNW) said that its wholly owned subsidiaries Genworth Financial International Holdings and Genworth Holdings have sold about 214.3 million shares in Genworth Mortgage Insurance Australia Limited at A$2.28 per share. It represents Genworth s entire ownership position in Genworth Australia. Settlement of the sale will occur on March 3. Completion of the transaction will result in a payment of about US$247 million under outstanding AXA promissory note. Following the payment, the net proceeds available to Genworth will be about US$123 million. As previously indicated, Genworth will continue to prepare for a potential partial IPO of Genworth s U.S. Mortgage Insurance.

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