International Business News - MGIC http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Shares of troubled mortgage insurer MGIC Investment Corp. lost a third of their said Thursday it eliminated its quarterly dividend, and its stock lost nearly a third of its value following the news. http://www.ibtimes.com/articles/20081023/mgic-investment-eliminates-quarterly-dividend.htm Thu, 23 Oct 2008 18:13:52 EDT MGIC Investment Corp., the nation's largest mortgage insurer, said Thursday its third-quarter loss narrowed but its results are still weighed by delinquencies and foreclosures as home prices deteriorate. http://www.ibtimes.com/articles/20081016/mgic-q3-loss-narrows-but-weighed-by-foreclosures.htm Thu, 16 Oct 2008 22:30:07 EDT MGIC Investment Corp. said Friday its main subsidiary will try to limit risk by no longer taking on certain contracts that spread mortgage default risks among insurers and lenders, but increase MGIC's exposure once losses exceed a threshold. http://www.ibtimes.com/articles/20080926/mortgage-insurer-mgic-seeks-to-limit-exposure.htm Fri, 26 Sep 2008 12:35:46 EDT Among the earnings stories for Thursday, July 17, from AP Financial News: MILWAUKEE (AP)--MGIC Investment Corp. said mortgage delinquencies and home foreclosures remain high, resulting in a sharp loss in the most recent quarter. http://www.ibtimes.com/articles/20080717/earnings-roundup-mgic-crown-holdings.htm Thu, 17 Jul 2008 15:08:55 EDT MGIC Investment Corp., the nation's largest mortgage insurer, said Thursday it lost nearly $100 million in the previous quarter, but its shares soared almost 40 percent amid optimism over its long-term outlook. http://www.ibtimes.com/articles/20080717/mgic-loses-97-9m-in-2q-amid-ongoing-housing-slump.htm Thu, 17 Jul 2008 17:39:27 EDT Credit ratings agency Moody's Investors Service on Thursday cut the senior debt rating of MGIC Investment Corp. and the financial strength ratings of its U.S. and Australian mortgage insurance units. http://www.ibtimes.com/articles/20080710/moodys-cuts-senior-debt-rating-of-mgic.htm Thu, 10 Jul 2008 14:51:02 EDT Among the stock activity stories for Monday, June 30, from AP Financial News: NEW YORK (AP)--MGIC Investment Corp. shares plunged to a 52-week low Monday after shareholders last week gave the mortgage insurer approval to increase its share base to raise capital. http://www.ibtimes.com/articles/20080630/movers-roundup-mgic-kla-tencor.htm Mon, 30 Jun 2008 14:20:18 EDT MGIC Investment Corp. shares plunged to a 52-week low Monday after shareholders last week gave the mortgage insurer approval to increase its share base to raise capital. http://www.ibtimes.com/articles/20080630/mgic-plunges-as-shareholders-ok-more-shares.htm Mon, 30 Jun 2008 19:27:07 EDT Mortgage insurer MGIC Investment Corp. said Friday its shareholders approved three measures at a recent meeting related to the issuance of stock and rules for electing board members. http://www.ibtimes.com/articles/20080627/mgic-investment-shareholders-approve-proposals.htm Fri, 27 Jun 2008 13:12:24 EDT Mortgage insurer MGIC Investment Corp. has amended some financial restrictions on its five-year credit agreement, according to a Securities and Exchange Commission filing Wednesday. http://www.ibtimes.com/articles/20080625/mgic-investment-amends-5-year-credit-agreement.htm Wed, 25 Jun 2008 17:52:52 EDT Mortgage insurer MGIC Investment Corp. said Monday it reached a reinsurance agreement with an affiliate of HCC Insurance Holdings Inc. The reinsurance agreement covers up to $50 billion of new insurance written annually between April 1, 2008 and Dec. 31, 2010. http://www.ibtimes.com/articles/20080616/mgic-investment-signs-reinsurance-deal.htm Mon, 16 Jun 2008 09:41:48 EDT Mortgage insurer MGIC Investment Corp. said Thursday it will ask shareholders to approve a plan to convert preferred shares to common stock and increase the authorized number of shares the company can sellto 460 million from 300 million. http://www.ibtimes.com/articles/20080529/mgic-seeks-shareholder-approval-on-stock-issuance.htm Thu, 29 May 2008 08:14:44 EDT MGIC Investment Corp. will ask shareholders to approve a plan for the company to issue more shares to convert bonds the mortgage insurer is selling. In a statement Tuesday, MGIC said it will set a date for a special meeting in the next several weeks. At the meeting, shareholders will be asked to approve proposals expanding the number of shares authorized to be issued, and issuing those shares. http://www.ibtimes.com/articles/20080429/mgic-to-ask-shareholders-approval-to-issue-more-shares.htm Tue, 29 Apr 2008 07:42:04 EDT MGIC Investment Corp., the largest U.S. mortgage insurer, reported a smaller than expected first quarter loss, sending its shares up more than 20 percent. MGIC lost $34.4 million, or 41 cents per sh... http://www.ibtimes.com/articles/20080417/mgic-earnings-insurance.htm Thu, 17 Apr 2008 15:31:26 EDT