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Mortgage and bond insurers open lower
Shares of mortgage and bond insurers traded lower early Wednesday as worries over the troubled credit and housing markets continued to grip markets.
Radian Shearing Already-Depleted Headcount
FREE Three-week trial of Asset-Backed Alert's newsletter Radian Shearing Already-Depleted Headcount Asset Backed Alert, Harrison Scott Publications Inc.
Raydan falls to loss of $897,606 for '08 vs. year-ago profit of $220,561
Raydan Manufacturing Inc. , a maker of suspension and coupling systems for trucks, trailers and heavy equipment, reported a loss of $897,606 for the year, reversing year-ago profit of $220,561. The Edmonton ...
PMI surges at open, lifting financials
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.
Stocks to Watch: Stocks in focus for Monday
A retreat in crude oil prices may pump more energy into the broader market on Monday but financial stocks are likely to remain pressured on mounting losses as banks and other institutions continue to write down ...
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.
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 ...
Radian Reshuffles Mortgage Insurance Execs, Looks to Regain Momentum
In a clear effort to signal to investors that it is committed to its mortgage insurance business, Radian Group Inc.
The CEO of Radian Group is less worried about his firm's stock drop than you might think.
In response to its sliding stock price, mortgage insurer Radian Group said Thursday that there are "several indications of the fundamental strength of its business." Philadelphia Business Journal on July 3, ...
Radian jumps; insurer pays fewer quarterly claims than expected
Radian Group Inc. shares jumped 32% on Thursday after the mortgage insurer said it paid fewer claims than expected during the second quarter.
S&P: Scripps Networks to replace E.W. Scripps in S&P 500
Standard & Poor's said late Tuesday Scripps Networks Interactive Inc. will replace E.W. Scripps Co.
Ambac Financial Will Terminate Contract With Fitch to Provide Debt Ratings
Ambac Financial Group Inc. will terminate its contract with Fitch Ratings, becoming the fourth bond insurer to reject the ratings company after it sliced their rankings.
Radian 'disappointed' with S&P downgrade
Radian Group said late Monday it was disappointed with Standard & Poor's decision to downgrade the bond insurer.
The business world totes up how it's doing based on rules known as Generally Accepted Accounting Principles, or GAAP.
Accounting rule lets companies book gains on losses -- what?
Posted May 19th 2008 12:18PM by Zac Bissonnette Filed under: Newspapers , Scandals The "Heard on the Street" column in Monday's Wall Street Journal takes a look at struggling bond and mortgage insurer Radian ...
New rules can turn a loss into a gain
New accounting rules are causing bizarre gyrations on financial statements and giving some companies a bottom-line boost when their credit goes bad.
Radian Group Inc. Q1 2008 Earnings Call Transcript
Analysts David Hochstim - Bear Stearns Mike Grasher - Piper Jaffray Howard Shapiro - Fox-Pitt Donna Halverstadt - Goldman Sachs Presentation Operator Welcome to the Radian's first quarter 2008 earnings call. via Seeking Alpha
Broad damage in the mortgage industry was in full view Monday as a number of companies posted dismal first-quarter earnings, but there were also some hope that the worst of the housing crisis is over. via Press-Telegram
Radian Net Improves, But Market Woes Hit Operating Results
“The continuation of weak housing and credit markets and these conditions have impacted results in our mortgage insurance and financial guaranty businesses”
Durable goods are just that: hard goods; they don't wear out quickly and can be used over and over again for at least several years. via Fox News