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Stock Market & Financial Investment News

News Breaks
November 13, 2012
14:14 EDTRDNRadian Group files to delay 10-Q
Radian Group was unable to file its Quarterly Report on Form 10-Q for the three months ended September 30 within the prescribed time period on or before November 9 without unreasonable burden or expense. As described in Note 17 of Notes to Condensed Consolidated Financial Statements in the company's Form 10-Q, the company experienced a material subsequent event involving its financial guaranty business on November 9. The occurrence of this subsequent event was not certain until approximately 3:00 p.m. (Eastern) on November 9. The company determined at that time it was necessary to update its Form 10-Q disclosure to reflect the subsequent event. During this time the company also experienced unforeseen technical problems involving its third-party, web-based SEC reporting system. The late occurring subsequent event combined with the unforeseen technical problems ultimately delayed the company's filing of the Form 10-Q past the prescribed due date. The company has completed the filing of its Form 10-Q, which was filed within the five calendar days following the prescribed filing due date.
News For RDN From The Last 14 Days
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September 30, 2014
12:49 EDTRDNRadian Group looking to monetize Financial Guaranty business
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07:45 EDTRDNJMP Securities to hold a conference
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September 26, 2014
06:39 EDTRDNRadian Group management to meet with JMP Securities
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September 17, 2014
10:00 EDTRDNOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AB InBev (BUD) upgraded to Hold from Sell at Societe Generale... Baker Hughes (BHI) upgraded to Outperform from Sector Perform at Howard Weil... Bank of the Ozarks (OZRK) upgraded to Buy from Hold at BB&T... Bill Barrett (BBG) upgraded to Buy from Neutral at Mizuho... Cepheid (CPHD) upgraded to Buy from Hold at Cantor... Cigna (CI) upgraded to Positive from Neutral at Susquehanna... Extra Space Storage (EXR) upgraded to Buy from Hold at Jefferies... GNC Holdings (GNC) upgraded to Outperform from Neutral at Wedbush... MB Financial (MBFI) upgraded at DA Davidson... Mondelez (MDLZ) upgraded to Buy from Hold at Societe Generale... Radian Group (RDN) upgraded to Buy from Neutral at Compass Point... Skullcandy (SKUL) assumed with a Overweight from Neutral at Piper Jaffray... Under Armour (UA) upgraded to Overweight from Neutral at Piper Jaffray.
06:16 EDTRDNRadian Group upgraded to Buy from Neutral at Compass Point
Compass Point upgraded Radian Group based on lower than expected losses in the legacy credit book and higher NIW estimates. Price target is $20.

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