MGIC Investment Corporation (NYSE: MTG) is in the troubled world of offering private mortgage insurance. To say that they had to cover quite a bit of failed mortgages would be an understatement. …
Jon C. Ogg If you read Barron’s each weekend, you might think that mortgage insurers are about to die off. Actually, it would be those which are left standing to die off. Mortgage insurance is…
2011 has been an incredibly choppy year, the economy is flirting between snail-paced growth and recession, and many companies and entire sectors are experiencing some severe business pressures or their management teams…
MGIC Investment Corporation (NYSE: MTG) is one of the troubled mortgage insurers which we routinely worry about for both viability and relevance. This morning’s earnings report does nothing to ease those fears.…
The world of mortgage insurers is not looking too hot after MGIC Investment Corp. (NYSE: MTG) gave its earnings report this morning. The largest insurer for conventional mortgages reported a loss of…
Bank of America Corporation (NYSE: BAC) may have more exposure than the rest of the money center banks due to its acquisition of Countrywide, and the spate of news about disclosure documents…
MGIC Investment Corp. (NYSE: MTG) managed the ultimate surprise… it made money after almost 3 straight years of quarterly losses. The private mortgage insurance company reported a second quarter profit of $24.6…
Many stocks are on the move this morning. Some of the top movers are tied to earnings news, although some of the day trader and active trader alerts are moving on other…
These are some of the key research calls from this Thursday’s analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Adobe Systems Inc. (NASDAQ: ADBE) Reiterated Buy but added to…
Twitter has, by most estimates, 75 million visitors a month, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have…
MGIC (MTG) Fitch puts company on negative watch list. Plunges to $.70 from 52-week high of $14.99. Pall Corporation (PLL) Profit falls 19%. Drops to $18.20 from 52-week high of $43.19. Gibraltar…
Douglas A. McIntyre MGIC Investment (MTG) Worries about mortgage defaults. Drops to $.93 from $15. Johnson Controls (JCI) Moody’s downgrade. Off to $8.35 from 52-week high of $36.49. Comtech Telecommunications (CMTL)– Ugly earnings. Drops to…
MBIA Inc. (NYSE: MBI) is set to report earnings Tuesday, before the market opens. As the market has slid further, this troubled “guarantor” has gone with it and has again hit new…
MGIC Investment (MTG) Money still moving out of bond insurers. Down to $8.75 from 52-week high of $62.94. US Airways Group (LCC) Oil prices up driving airlines down. Company say fuel bill…
These are not the only calls that will be impacting stocks, but these are the initial calls that 247WallSt.com is focusing on this Monday morning: Caterpillar (NYSE: CAT) Cut to Neutral from…
