Insurance Stocks Top Gainers are ABK, MBI, PMI, RDN, MTG
Insurance Stocks Gainers.
(EMAILWIRE.COM, February 23, 2010 ) Dallas, Tx - MBIA Inc. (NYSE:MBI) climbed up 1.42% to $4.99 on a massive volume of 8.15 million shares. The stock has a 52-week range of $2.17-$8.54. MBIA Inc. (MBIA) is engaged in providing financial guarantee business through its wholly owned subsidiaries MBIA Corp. and MBIA Insurance Corp. of Illinois (MBIA Illinois) and conduct the investment management business through the Company and its subsidiaries, the wholly owned subsidiary MBIA Asset Management, LLC (MBIA Asset Management).
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Ambac Financial Group, Inc. (NYSE:ABK) rallied 7.14% to $0.75 on an unusual massive volume of 12.03 million shares. So far in the last six months trade the stock went down 33%. The stock has a 52-week range of $0.35-$2.09. Ambac Financial Group, Inc. is a primarily a holding company. The Company, through its subsidiaries, provides financial guarantees and financial services to clients in both the public and private sectors worldwide. Ambac’s activities are divided into two business segments. The Financial Guarantee segment provides financial guarantees (including credit derivatives) for public finance, structured finance and other obligations.
The PMI Group, Inc. (NYSE:PMI) spurted 12.55% to $3.05 with an unusual massive volume of 6.24 million shares. The stock has a 52-week range of $0.26-$4.96. So far in the last six months trade the stock went up 2%. he PMI Group, Inc. (TPG) provides residential mortgage insurance products designed to promote homeownership. During the year ended December 31, 2008, the Company operated in four segments: United States Mortgage Insurance Operations, International Operations, Financial Guaranty, and Corporate and Other.
Radian Group Inc. (NYSE:RDN) jumped 12.47% to $9.65 on an unusual massive volume of 8.95 million shares. The stock has a 52-week range of $0.95-$12.48. So far in the last six months trade the stock has rallied over 12%. -ndiSoft, LLC announced here at the MBA Servicing Conference & Expo that Radian Guaranty, the mortgage insurance subsidiary of Radian Group Inc. (NYSE: RDN), has implemented its RxOffice® Reporting portal to facilitate a more efficient means of communicating between Radian and its outsourced loss mitigation providers.
MGIC Investment Corp. (NYSE:MTG) soared 5.18% to $7.92 with a massive volume of 5.54 million shares after a lawsuit that alleged executives of MGIC Investment Corp. misled investors and misrepresented the mortgage insurer's practices was dismissed in federal court Monday. MGIC Investment Corp. won a dismissal of a class-action suit filed against the company related to allegations that its top executives misrepresented the company’s mortgage insurance underwriting practices and misled investors on matters related to the company’s former business affiliate Credit-Based Asset Servicing and Securitization.
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Ambac Financial Group, Inc. (NYSE:ABK) rallied 7.14% to $0.75 on an unusual massive volume of 12.03 million shares. So far in the last six months trade the stock went down 33%. The stock has a 52-week range of $0.35-$2.09. Ambac Financial Group, Inc. is a primarily a holding company. The Company, through its subsidiaries, provides financial guarantees and financial services to clients in both the public and private sectors worldwide. Ambac’s activities are divided into two business segments. The Financial Guarantee segment provides financial guarantees (including credit derivatives) for public finance, structured finance and other obligations.
The PMI Group, Inc. (NYSE:PMI) spurted 12.55% to $3.05 with an unusual massive volume of 6.24 million shares. The stock has a 52-week range of $0.26-$4.96. So far in the last six months trade the stock went up 2%. he PMI Group, Inc. (TPG) provides residential mortgage insurance products designed to promote homeownership. During the year ended December 31, 2008, the Company operated in four segments: United States Mortgage Insurance Operations, International Operations, Financial Guaranty, and Corporate and Other.
Radian Group Inc. (NYSE:RDN) jumped 12.47% to $9.65 on an unusual massive volume of 8.95 million shares. The stock has a 52-week range of $0.95-$12.48. So far in the last six months trade the stock has rallied over 12%. -ndiSoft, LLC announced here at the MBA Servicing Conference & Expo that Radian Guaranty, the mortgage insurance subsidiary of Radian Group Inc. (NYSE: RDN), has implemented its RxOffice® Reporting portal to facilitate a more efficient means of communicating between Radian and its outsourced loss mitigation providers.
MGIC Investment Corp. (NYSE:MTG) soared 5.18% to $7.92 with a massive volume of 5.54 million shares after a lawsuit that alleged executives of MGIC Investment Corp. misled investors and misrepresented the mortgage insurer's practices was dismissed in federal court Monday. MGIC Investment Corp. won a dismissal of a class-action suit filed against the company related to allegations that its top executives misrepresented the company’s mortgage insurance underwriting practices and misled investors on matters related to the company’s former business affiliate Credit-Based Asset Servicing and Securitization.
ABOUT http://www.SuperNovaStockPicks.com
Super Nova Stock Picks is an independent electronic publication providing stock news alerts on top stocks in various sectors. You can take advantage of the information provided on various stocks to make big gains in the stock market. We track various sectors like financial stocks, Insurance Stocks , Penny Stocks, NASDAQ and NYSE stocks and more. So far thousands have benefited by our daily stock alerts which keeps investors updated on the latest development in the stock market.
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