Key Developments: Radian Group Inc (RDN.N)


RDN.N on New York Stock Exchange

13.21USD
10 Jun 2013
Price Change (% chg)

$0.55 (+4.34%)
Prev Close
$12.66
Open
$12.79
Day's High
$13.34
Day's Low
$12.78
Volume
995,151
Avg. Vol
1,183,166
52-wk High
$14.34
52-wk Low
$2.63

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Latest Key Developments (Source: Significant Developments)

Radian Group Inc. Declares Regular Quarterly Dividend On Common Stock
Wednesday, 9 Nov 2011 04:00pm EST 

Radian Group Inc. announced that the Company’s Board of Directors approved a regular quarterly dividend on its common stock in the amount of $0.0025 per share, payable on December 1, 2011, to stockholders of record as of November 21, 2011.  Full Article

Radian Group Inc.'s Radian Asset Assurance Inc And National League Of Cities Announces Formation Of New Mutual Bond Insurance Company
Monday, 26 Sep 2011 08:00am EDT 

Radian Group Inc. and the National League of Cities, a non-profit association of cities and state municipal leagues (NLC), announced an agreement between NLC and Radian's financial guaranty subsidiary, Radian Asset Assurance Inc., to explore the formation of a new public finance mutual bond insurance company. The objective of creating a next generation bond insurer is to provide bondholders with a superior level of credit enhancement, while allowing municipal issuers to benefit from lower-cost financing. While Radian and NLC are still working on the details of the structure, they anticipate it will involve the support of private capital from third-party investors.  Full Article

Radian Group Inc. Declares Regular Quarterly Dividend On Common Stock
Wednesday, 10 Aug 2011 04:00pm EDT 

Radian Group Inc. announced that the Company’s Board of Directors approved a regular quarterly dividend on its common stock in the amount of $0.0025 per share, payable on September 1, 2011, to stockholders of record as of August 22, 2011.  Full Article

UPDATE 1-Radian's quarterly loss widens on higher derivatives losses

May 1 - Mortgage insurer Radian Group Inc quarterly loss widened due to higher losses from changes in the fair value of derivatives and other financial instruments.

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