Replies to post #63743 on Options Wonderland

[3xBuBu]

MGIC Investment shares are lower on Wednesday following the release of disappointing earnings results. The company reported a loss of $364 million versus a $1.3 billion loss in 2009. This amounts to a $0.93 loss per share for the quarter on $361 million in revenue, while analysts expected a $0.61 per share loss on $369 million in revenue.

MTG Shares are lower by 20.5%.
PMI Shares are lower by 18%
RDN Shares are lower by 15%

MGIC provides private mortgage insurance in the United States.




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