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Stock Market & Financial Investment News

News Breaks
July 24, 2014
08:11 EDTMTGMGIC Investment CEO retiring to be succeeded by COO Patrick Sinks
MGIC Investment CEO Curt S. Culver, 62, will retire effective March 1, 2015, and become non-executive chairman. Upon Mr. Culver's retirement, Patrick Sinks, 57, will become CEO. Sinks has also been appointed to the board of directors. The same changes will be implemented at Mortgage Guaranty Insurance Corporation, MTG's principal subsidiary. Sinks is currently COO of both companies.
News For MTG From The Last 14 Days
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October 15, 2014
07:04 EDTMTGMGIC Investment reports Q3 net premiums written $222.9M
New insurance written in the third quarter was $10.4B. As of September 30, 2014, MGIC's primary insurance in force was $162.4B. fair value of MGIC Investment Corporation's investment portfolio, cash and cash equivalents was $4.9B at September 30, 2014.
07:03 EDTMTGMGIC Investment reports Q3 EPS 18c, consensus 10c
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