Magic Software Enterprises Ltd. (MGIC)

[midastouch017]

I HOPE that there is no mistake:
(2 different entities!!!)
Mortgage Insurers:

Hitting a new 52-week high yesterday was MGIC Investment Corporation (MGIC) which saw shares finish the day at $5.61/share after rising as high as $6.19/share earlier in the day. Volume was extremely high with 117.2 million shares being traded as the entire sector rallies. The company announced after the close that they priced the 135 million share offering at $5.15/share and that underwriters have 30-days to purchase up to 20.25 million more shares at the same price for any overallotments. In a concurrent debt deal MGIC said that they priced $450 million senior notes due in 2020 with a 2% rate and underwriters could purchase an addition $50 million in overallotments for this offering. Readers can find the press release with all this information and more here. The company is increasing liquidity and the industry does appear to have turned a corner, so the question is how much longer investors must wait for the "good 'ole days" to return but with the issues at the Federal Housing Authority, or FHA, it does appear that it could be sooner rather than later.

http://seekingalpha.com/article/1254741-today-s-market-news-to-trade-on-5-stocks-moving-on-news?source=yahoo

Even in the prefix in the article itself it says
Magic Software Enterprises Ltd. (MGIC)

No mixup i hope!???