MGIC bounces back strongly in August
JSOnline (Free subscription) | 09/08/2008
At first glance, it may be difficult to see what drove up the stock price of MGIC Investment Corp. last month.
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Mortgage and bond insurers open lower
Market Watch (Free subscription) | 08/20/2008
BOSTON (MarketWatch) -- Shares of mortgage and bond insurers traded lower early Wednesday as worries over the troubled credit and housing markets continued to grip markets. Shares of Radian Group Inc. fell sharply, losing about 15% in early trade. Elsewhere, MBIA Inc. , MGIC Investment Corp. and PMI Group Inc. all shed about 10%, and Ambac Financial Group Inc. lost 5%. Also, mortgage giants Fannie...
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Mortgage insurer MGIC sells Sherman stake
Reuters UK (Free subscription) | 08/15/2008
NEW YORK (Reuters) - MGIC Investment Corp , the largest U.S. mortgage insurer, said on Thursday it sold its stake in Sherman Financial Group LLC for a total of $209.5 million.
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Mortgage insurer MGIC sells Sherman stake for $209.5 mln
Reuters UK (Free subscription) | 08/14/2008
NEW YORK, Aug 14 (Reuters) - MGIC Investment Corp , the largest U.S. mortgage insurer, said on Thursday it sold its stake in Sherman Financial Group LLC for a total of $209.5 million.
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PMI surges at open, lifting financials
Market Watch (Free subscription) | 08/14/2008
NEW YORK (MarketWatch) -- Mortgage insurer PMI Group surged almost 50% early Thursday after it said it had reached a deal to sell its Australian assets, as the broader sector inched up slightly at the open. Rival MGIC Investment Corp. shares gained over 5%, while Radian Group rose over 10%. Bond insurers MBIA and Ambac Financial Group also gained, as their shares rose more than 4% at the open. Both...
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Housing bill would help MGIC
JSOnline (Free subscription) | 07/26/2008
A provision of the housing bill working its way through Congress will be of particular benefit to Milwaukee's MGIC Investment Corp.
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MGIC Investment's board declares 0.025 cent dividend
Market Watch (Free subscription) | 07/24/2008
SAN FRANCISCO (MarketWatch) -- MGIC Investment Corp.'s board on Thursday declared a quarterly cash dividend of 0.025 cent a share. The dividend will be paid Sept. 2 to shareholders of record on Aug. 8. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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MGIC stock up almost 40% on quarterly data
JSOnline (Free subscription) | 07/18/2008
MGIC Investment Corp. shares jumped almost 40% Thursday after investors looked at its quarterly earnings report and decided the mortgage insurer's business might be bottoming out.
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MGIC Investment Corp.Q2 2008 Earnings Call Transcript
Seeking Alpha (Free subscription) | 07/17/2008
MGIC Investment Corp. (MTG) Q2 2008 Earnings Call Complete Story ยป
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MGIC posts loss on rising sales; shares rebound
The Business Journal of Milwaukee (Free subscription) | 07/17/2008
Private mortgage insurer MGIC Investment Corp. Thursday reported a net loss of $97.9 million, or 79 cents per share, because of the continuing high rate of mortgage delinquencies and home foreclosures. (MTG)
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MBF Financial: *Revised* Analyst Reports for Comerica Incorporated, Banco Bradesco S.A, MGIC Investment Corporation, and SunTrust Banks Inc.
Market Wire - Investment Opinion (Free subscription) | 07/17/2008
LONDON (MARKET WIRE) MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Through our numerous partnerships with many of the top investment minds in the world, we provide research on companies making a move in the markets. Investors seeking genuine analyst opinions on their investments for Comerica Incorporated (NYSE: CMA), Banco Bradesco S.A (NYSE:...
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Mortgage insurer MGIC sees light at end of tunnel
Reuters UK (Free subscription) | 07/17/2008
NEW YORK (Reuters) - MGIC Investment Corp , the largest U.S. mortgage insurer, posted a second-quarter loss on Thursday as more homeowners fell behind on loan payments.
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Battered housing market sends MGIC into the red, results show
Market Watch (Free subscription) | 07/17/2008
Mortgage insurance specialists MGIC Investment swings to a second-quarter loss, although revenue generates growth.
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MGIC Swings to Quarterly Loss
Law Blog - WSJ.com (Free subscription) | 07/17/2008
MGIC Investment swung to a second-quarter loss as the mortgage insurer continues to suffer from the housing market downturn and credit crisis.
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MGIC Investment Corp. swings to a loss
Market Watch (Free subscription) | 07/17/2008
NEW YORK (MarketWatch) -- MGIC Investment Corp. on Thursday said it swung to a second-quarter loss of $97.9 million, or 79 cents a share, from net income of $76.7 million, or 93 cents a share in the year-ago period. Revenue rose 15% to $424.5 million. The Milwaukee-based mortgage insurance specialist was expected to lose 73 cents a share on revenue of $430 million, according to a survey by FactSet....
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