The markets opened mixed with the Dow losing 32 points to 13,502 while Nasdaq rose 6 points to 3116 as home builder sentiment held steady in January. On the upside
Genworth Financial (NYSE: GNW) will form a new, separate company for its mortgage insurance subsidiaries that lower its risk-to-capital ratio. Alnylam Pharmaceuticals (Nasdaq: ALNY) priced its public offering of 8 million common shares at $20.13 per share. Visa (NYSE: V) approved Research In Motion's (Nasdaq: RIMM) mobile payment solution. On the downside Cobalt International Energy (NYSE: CIE) priced its secondary offering of 40 million common shares at the discounted price of $25.15 per share.General Motors (NYSE: GM) announced that profits should grow modestly in 2013. An emergency landing made by an All Nippon Airways 787 prompted two Japanese airlines to ground all new Boeing 787s (NYSE: BA). In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 3 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 index slipped a point to 1471.