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Pops And Drops With SP500 Hovering Around 1000
Posted by Stock Online Trader on August 5, 2009 in Market News
Radian Group Inc. (RDN, $5.31, +$1.64, +44.68%) reported Wednesday that lower claims and hedging gains pushed the mortgage insurer to a second-quarter profit. Shares surged and pulled up other mortgage insurers as Radian said it expects mortgage insurance claims for the year to be lower than expected. MGIC Investment Corp. (MTG, $7.86, +$0.71, +9.93%) and [...]
PharMerica, Atmel, Magellan Guides Higher; James River Coal Provides Lowers Guidance
Posted by Stock Online Trader on August 3, 2009 in Earnings
Post Properties Revises Guidance Post Properties Inc. (PPS) said it expects 2009 funds from operations of $1.21 to $1.33 per share, excluding items. The company’s previous guidance was FFO of $1.05 to $1.25 per share and the current consensus FFO estimate is $1.16 per share for the year ending December 31, 2009. PharMerica Provides Mixed [...]