Radian posted its first profit in five years with a net income of $112.2 million, or 84 cents a share.
Monoline stocks-- which took a beating yesterday on news that Ambac was looking at pre-packaged bankruptcy -- also surged MBIA's (MBI - Get Report) stock was up 12 cents at $11.33, Ambac's (ABK) stock was up 6 cents at 47 cents and Assured Guaranty (AGO - Get Report) was up 54 cents at $19.64.--Written by Maria Woehr in New York.
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