PMI Group narrows loss, but shares tumble (AP)

Thu, 07/29/2010 - 18:29 EDT story from Yahoo! News: Business News  in
 

AP - PMI Group Inc. on Thursday reported a nearly $151 million loss, narrower than a year ago but far wider than Wall Street expected. Shares of the mortgage insurer tumbled nearly 15 percent.

Related

  • Mortgage insurer PMI Group posts wider Q4 loss (Reuters)

    Reuters - Mortgage insurer PMI Group Inc reported a wider quarterly loss, as its U.S. unit continued to post disappointing results.

  • Rite Aid Loss Narrows, Shares Jump

    Zacks.com submits: Leading drugstore chain operator Rite Aid Corp. (RAD) posted a narrower net loss of $76.0 million in the first-quarter of fiscal 2011, compared to a loss of $98.5 million in the year-ago period. Also, the quarterly loss per share of 9 cents was narrower than the Zacks Consensus Estimate for a loss of 14 cents.

  • Palm loss narrower than expected, shares leap (Reuters)

    Reuters - Smartphone maker Palm Inc on Thursday posted a narrower-than-expected loss despite a steep revenue decline, sending its shares up more than 7 percent.

  • AIG's Loss Narrows

    AIG reported an $8.9 billion loss, an improvement from the widest quarterly loss in history a year earlier. Shares of the government-controlled insurer fell in premarket trading.

  • KB Home posts narrower loss, and shares pop (Reuters)

    Reuters - KB Home posted a quarterly loss that was not as bad as Wall Street had expected, as orders rose and the builder took a smaller charge to write down the value of its landholdings, sending its shares up more than 10 percent.

  • Office Depot 1Q reverses loss, shares tumble (AP)

    AP - Shares of Office Depot tumbled 17 percent in heavy trading Tuesday after the company fell just shy of Wall Street predictions.

  • Keryx’s Loss Wider Than Expected

    Zacks.com submits: Keryx Biopharmaceuticals Inc.’s (KERX) fourth quarter net loss per share came in at 8 cents, wider than the Zacks Consensus Estimate of a loss of 6 cents.

  • Federal Signal posts 1Q loss, shares tumble (AP)

    AP - Federal Signal Corp., the maker of fire trucks and safety gear, reported a unexpected first-quarter loss on Friday due to lower sales and the effects of a port workers strike in Finland. Its shares tumbled more than 15 percent.

  • Synovus shares tumble on disappointing 3Q report (AP)

    Shares of Synovus Financial Corp. tumbled on Friday after the southeastern regional bank's continuing credit troubles triggered a wider-than-expected third-quarter loss, leading analysts to cut forecasts for future earnings.

  • Hot Topic shares tumble on 1Q loss, weak outlook (AP)

    AP - Shares of Hot Topic Inc. tumbled Thursday, a day after the teen-focused retailer posted a net loss in its first quarter because of dropping revenue.

 
S&P 500: 1104.18 0.48% |FTSE: 5494.16 1.17% |Nikk.: 9279.81 1.95% |DAX: 6221.52 0.92% |HSI: 21097.961 -0.33% |
FX: EUR/GBP: 1.2169 | USD/EUR: 1.2656 | JPY/USD: 84.185 | Commodities: Gold: 1245.95 | Crude - CLH09.NYM: 0.00 |