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Radian to Webcast Second Quarter Conference Call on August 11, 2008

PHILADELPHIA, July 30 /PRNewswire-FirstCall/ -- Radian Group Inc. (NYSE: ) today announced that it will hold a conference call on Monday, August 11, 2008, at 10:00 a.m. Eastern time to discuss the company's second quarter 2008 results, which will be announced prior to the market open on the same day. The conference call will be broadcast live over the internet at or at >News. The call may also be accessed...

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Financials take a hit but still room for optimism

US financials and housebuilder stocks took a hit on Wall Street yesterday, as investors turned bearish on weak economic data. The Dow Jones industrial average closed down 2.43%, losing nearly 300 points on the day’s session. The financial sector lead the decline, losing 4.12%, with stocks across the US banking sector seeing typical falls of 10%. Investment banks [...]

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Persevering through the Storm: Radian Group's S.A. Ibrahim on Leadership in the Subprime Crisis

In June 2007, the stock price of Radian Group, a Philadelphia-based credit risk management firm, was close to all-time highs at$64. In late June 2008, in the thick of the sub-prime mortgage crisis, the company's stock had tumbled below $1 a share. Yet Radian CEO S.A. Ibrahim honored a commitment he had made a year ago to speak at the recent 12th Annual Wharton Leadership Conference. After all, Ibrahim...

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Radian Guaranty Joins Hope Now Alliance

PHILADELPHIA--(BUSINESS WIRE)--Radian Guaranty, the primary mortgage insurance subsidiary of Radian Group Inc. (NYSE:RDN), announced today that it has become a member of the Hope Now

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Mortgage insurer MGIC rises on support for Fannie, Freddie

BOSTON (MarketWatch) -- MGIC Investment Corp. led shares of some mortgage insurers higher early Monday after the government said it would step in to provide support to mortgage giants Freddie Mac and Fannie Mae . MGIC stock rose more than 15% in recent trading and Radian Group Inc. added over 4%. However, PMI Group Inc. was off nearly 2% at last check. Market Pulse Stories are Rapid-fire, short news...

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Financial stocks get slammed

Anxiety over the possible government takeover of Fannie Mae and Freddie Mac sent financial stocks into a virtual tailspin Friday.

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Mortgage insurers face tough road

As the market debates the underlying health of Freddie Mac and Fannie Mae, another important corner of the housing market is getting squeezed.

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Radian shakes up leadership

Radian Group Inc., the troubled mortgage insurer with 500 employees in Center City and whose stock dipped below $1 a share this month, yesterday announced a management shake-up in its principal mortgage-insurance subsidiary.

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Radian replaces president at principal subsidiary, shares rise again

Radian Group shares were trading up 40 percent Monday after the mortgage insurance company announced management changes. (RDN)

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Radian shares surge more than 50%; insurer shuffles management

Radian Group appoints a new president and makes several other management changes as the mortgage insurer tries to recapture a crucial credit rating that it lost earlier this year.

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Subprime Fallout Spreading to Private Mortgage Insurers

Private mortgage insurance companies could become the next casualties of the subprime mortgage meltdown. According to CreditSights, the near- to intermediate-term outlook for the mortgage insurance industry is extremely negative. “Losses will continue to mount and recent debt and equity performance has all but shut off access to the capital markets,” CreditSights says in Mortgage Insurance [...]

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BeaconEquity.com Issues TraderNotes on GOOG, FITB, PENN, RDN, RAD, TRID, ATML, AATI

Today's TraderNotes include: Google Inc. (Nasdaq: GOOG), Fifth Third Bancorp. (Nasdaq: FITB), Penn National Gaming Inc. (Nasdaq: PENN), Radian Group Inc. (NYSE: RDN), Rite Aid Corp. (NYSE: RAD), Trident Microsystems Inc. (Nasdaq: TRID), Atmel Corp. (Nasdaq: ATML) and Advanced Analogic Technologies Inc. (Nasdaq: AATI).

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Teresa Bryce To Lead Radian Mortgage Insurance Business

PHILADELPHIA, July 7 /PRNewswire-FirstCall/ -- Radian Group Inc. (NYSE: RDN) today announced that Teresa Bryce, currently Executive Vice President, General Counsel, Corporate Secretary, and Chief Risk Officer for Radian Group, has been appointed President of Radian Guaranty Inc., Radian's principal mortgage insurance subsidiary, effective immediately. Ms. Bryce will report to S. A. Ibrahim, President...

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BeaconEquity.com Issues TraderNotes on Active Stocks: GOOG, FITB, PENN, RDN, RAD, TRID, ATML, AATI

DALLAS, July 7 /PRNewswire/ -- BeaconEquity.com announces the availability of TraderNotes on stocks making news today. Investors can view all of the daily trading notes for free by visiting: Today's TraderNotes include: Google Inc. (Nasdaq: ), Fifth Third Bancorp (Nasdaq: ), Penn National Gaming Inc. (Nasdaq: ), Radian Group Inc. (NYSE: ), Rite Aid Corp. (NYSE: ), Trident Microsystems Inc. (Nasdaq:...

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Going with the cycle's flow

As chief executive officer of Radian Group Inc., a Philadelphia mortgage and bond insurer, Sanford A. Ibrahim (who goes by S.A., as suggested by a Wharton career counselor) has been dealing with a company whose stock has plummeted from $66 in early 2007 to barely $1 last week.