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Stock Market & Financial Investment News

News Breaks
January 14, 2013
16:02 EDTRDNRadian Group Completes Commutation of $827M reinsurance portfolio to FGIC
Radian Group announced that on January 9 its financial guaranty insurance subsidiary, Radian Asset Assurance Inc., completed the commutation of its remaining reinsurance risk from Financial Guaranty Insurance Company, FGIC. As previously reported when the companies entered into the agreement, the outstanding par reinsured by Radian Asset from FGIC was $827 million as of September 30, 2012.
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September 17, 2014
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.
September 8, 2014
08:07 EDTRDNRadian Group reports deliquencies fell to 47,364 in August
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