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Markets Steady Despite Mixed Economic Data
Thursday, July 24, 2014 - 4:42pm | 2792U.S. stocks were little changed as economic data came in mixed. The Commerce Department reported that new home sales fell in the month June, while initial jobless claims came in better than expected. Investors and traders cheered positive quarterly results from Facebook and Ford, while news...
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Four Financial Stocks That Doubled in Six Months (FBC, OCN, RDN, WAC)
Saturday, November 17, 2012 - 1:03pm | 748Here is a quick look at four financial stocks that have seen their share prices more than double in the past six months: Flagstar Bancorp (NYSE: FBC), Ocwen Financial (NYSE: OCN), Radian Group (NYSE: RDN) and Walter Investment Management (NYSE: WAC). Note that all four of them are mortgage-related...
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Earnings Preview: American International Group
Wednesday, February 22, 2012 - 7:22am | 863American International Group (NYSE: AIG) is scheduled to report fourth-quarter 2011 results tomorrow, February 23, after the markets close. The stock of this global insurance giant has been on the rise since the beginning of the year. And analysts are expecting a profit instead of the loss AIG saw...
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Goldman Sachs Comments on Volatility
Wednesday, July 27, 2011 - 6:58am | 215Goldman Sachs commented on market volatility. In a research report published today, Goldman named companies it believes are best investment in these volatile times. In the report, Goldman states, “In the face of a flattish S&P 500 we encourage investors to utilize straddles as a method to...
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Piper Jaffray Maintains OW Rating on Radian Group and MGIC Investment
Monday, June 27, 2011 - 8:25am | 118Weekend pundits suggest the Mortgage Insurers to be in a “dire position with further credit deterioration likely leading to issues on capital adequacy and long-term viability of the business,” Piper Jaffray reports. “In our view, MGIC Investment Corp. (NASDAQ: MTG) and Radian Group Inc. (NYSE: RDN...
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Financial Institutions Likely To See Improvement
Wednesday, October 13, 2010 - 7:21am | 155Piper Jaffray has published a research report on financial institutions. In the report, Piper Jaffray writes "Looking ahead to 3Q10 earnings for the mortgage insurance and financial guaranty space, we expect results to be much improved relative to those of the past couple of years. More...