MGIC Investment (MTG) Lifts Insurers Following Strong Q3 Performance (RDN) (MBI)
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Price: $26.30 +0.92%
Revenue Growth %: -2.2%
Financial Fact:
Realized investment gains, net: 5.09M
Today's EPS Names:
OCCI, MAYS, CRMT, More
Revenue Growth %: -2.2%
Financial Fact:
Realized investment gains, net: 5.09M
Today's EPS Names:
OCCI, MAYS, CRMT, More
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Private mortgage insurer MGIC Investment Corporation (NYSE: MTG) is ripping following Q3 results issued earlier, boosting the segment higher today.
MGIC reported Q3 profit of 4 cents per share while consensus views were expecting a loss of 13 cents per share in the quarter. The company said,
Higher on the session today includes: Radian Group (NYSE: RDN), Assured Guaranty (NYSE: AGO), Old Republic (NYSE: ORI), and MBIA (NYSE: MBI). MGIC itself is up about 16 percent.
MGIC reported Q3 profit of 4 cents per share while consensus views were expecting a loss of 13 cents per share in the quarter. The company said,
as of September 30, 2013, MGIC's primary insurance in force was $159.2 billion, compared with $162.1 billion at December 31, 2012, and $164.9 billion at September 30, 2012.New insurance written moved from $7.0 billion up to $8.6 billion in the quarter.
Higher on the session today includes: Radian Group (NYSE: RDN), Assured Guaranty (NYSE: AGO), Old Republic (NYSE: ORI), and MBIA (NYSE: MBI). MGIC itself is up about 16 percent.
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