percentage points ahead of the Russell Mid Cap Value Index and the S&P 500. Much larger than average helpings of mortgage insurers MGIC Investment MTG and Radian Group RDN, as well as digital entertainment names Netflix NFLX and Pandora Media P have propelled
We are dropping coverage of MGIC Investment Corporation MTG. We provide broad coverage of more than 1,700 companies across more than 140 industries, and adjust our coverage as necessary based on client demand and investor interest.
standpoint, first-quarter results at MGIC MTG were much better in comparison with ..... S. housing market. During the quarter MGIC raised capital that reduced the risk ..... effects of the capital raise. We are putting MGIC under review as we revisit the underlying
mortgage insurance subsidiary, United Guaranty, had results similar to industry leaders MGIC and Radian over the past 12 years. In the early 2000s, MGIC and Radian reported returns on equity above 20% until the financial crisis nearly bankrupted
share price of firms in the mortgage insurance business. The two leading monoline mortgage insurers we cover, Radian RDN and MGIC MTG, have seen their shares skyrocket and both are up more than 60% since the beginning of the year, but we think caution
(Reuters) - Shares of mortgage insurers Radian Inc and MGIC Investment Corp surged after Barclays gave its top rating to the stocks, saying the companies have better access to the capital needed to...
USD 268 million in the fourth quarter at MGIC MTG, adding to the already steep underwriting ..... 59 per diluted share for all of 2012, MGIC 's book value has fallen to just under ..... beginning of the year. However, because MGIC has been granted the ability to write new
losses from mortgage defaults increased at MGIC Investment Corporation MTG, which drove ..... Mac FMCC. Upon signing of the settlement, MGIC will immediately pay Freddie $100 million out of the MGIC primary mortgage insurance subsidiary and
first quarter earnings as oil and gas sales increased and expenses remained unchanged. Detractors Mortgage insurance company MGIC Investment Corp. 5.375% due 2015 declined in value reflecting a general decline in economically sensitive areas of the market
(Reuters) - MGIC Investment Corp will have to add another $200 million in capital to its main risk-laden unit in order to continue writing insurance throughout the United States as the mortgage...