|Day Low/High||13.86 / 14.10|
|52 Wk Low/High||9.41 / 14.97|
Genworth stock was down more than 11% on heavy selling after a disappointing quarterly report.
News that Bank of America had settled with government-backed mortgage firms Fannie Mae and Freddie Mac helped push big bank stocks higher.
Citi shares busted out of the gate on Tuesday, following news that U.S. Treasury Department was selling the last of its stake.
Despite being a relative newcomer to the insurance business, Eric Martinez has turned things around at AIG's mortgage-insurance business and earned a reputation as an effective manager within the industry.
Analyst sentiment is positive for most of the major players in the mortgage insurance business, with exposure to delinquent loans declining.
Radian continued to rally on its positive earnings report, while big banks rose despite lawsuit against Citigroup related to its mortgage-underwriting practices.
Financial stocks seemed to struggle on Tuesday as several conflicting forces including a weak dollar, yet positive earnings from MasterCard and Radian Group contributed to the sector's performance
Mortgage insurers' stocks rallied after Radian Group posted a profit in the third quarter.
MGIC Investment drastically narrowed its third-quarter losses, and said it could return to profitability in fiscal 2010.
I thought that Biff's investment debacles were fresh in his memory, but I was wrong!
Shares of The PMI Group jumped on Wednesday after hedge fund manager Leon Cooperman disclosed a 5.3% stake in the company in a regulatory filing.
The government awaits its payday from the TARP bailout of AIG, but 8 insurance stocks would have provided a quicker bang for the government's big bucks.
MetLife was one of the more actively-traded financial services names on Monday.
Assured Guaranty and MBIA have both been pushing higher on signs their finances are turning a corner.
Goldman Sachs shares are trading lower after the bank reported disappointing quarterly results.
BMO upgrades industrial manufacturers as production volume increases in global recovery
If the market is down tomorrow, look for an oversold rally as it heads into the weekend.
Shares of MGIC Investment Corp., a Milwaukee-based mortgage insurer, continued to rebound on heavy volume Thursday following an analyst upgrade.
MGIC Investment was one of several companies to announce a stock offering Tuesday.
Citigroup rallied after striking a deal to sell hedge fund assets to SkyBridge Capital
Bank of America partial bailout of troubled homeowners caused a major surge in stocks of mortgage insurers Wednesday.
Citigroup's Vikram Pandit, JPMorgan's Jamie Dimon and Goldman Sachs' Lloyd Blankfein shouldn't be blamed for this financial mess. Here's who should be hauled in front of Congress.
Loan modifications through the HAMP program look like a positive for Genworth and the other mortgage insurers, although re-defaults remain a concern for analysts.
Law Offices of Howard G. Smith announces that it is investigating potential claims against MGIC Investment Corporation (“MGIC” or the “Company”) (NYSE:MTG) concerning whether the Company’s 401(k)...
Robbins Umeda LLP has commenced an investigation into possible mismanagement and breaches of fiduciary duty by members of the Board of Directors of MGIC Investment Corp.
Genworth Financial bulls are eagerly awaiting the insurer's fourth-quarter results following positive news from one of its key competitors.
Travelers reported a 60% jump in fourth-quarter earnings on a rebound in its investment portfolio.
PMI Group shares tumbled after Goldman Sachs initiated coverage of the stock with a sell rating.
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