radian group inc (RDN) Key Developments
Radian Group Inc. Reports Revenue Results for the Month of June 2014
Jul 8 14
Radian Group Inc. reported revenue results for the month of June 2014. For the month, the company reported primary new insurance written of $3.53 billion.
Radian Group Inc. Announces Redemption Price for 5.375% Senior Notes Due 2015
Jun 13 14
Radian Group Inc. previously disclosed that it would redeem all of the outstanding Radian Group Inc. 5.375% Senior Notes due 2015 (CUSIP Number 75023AJ0) on June 16, 2014. Radian announced that pursuant to the Senior Indenture for the Notes, the redemption price for the Notes will be 104.998% of the principal amount of Notes outstanding, plus accrued interest. The principal amount of the Notes outstanding is $54,499,000.00, and the aggregate redemption amount due is $57,230,997.02. The Notes will be redeemed in full, and on and after June 16, 2014, interest on the Notes will cease to accrue, and all rights of the holders of the Notes, except the right to receive the redemption price, will cease. Payment will be made to holders of the Notes on June 16, 2014, only upon presentation and surrender of the Notes to U.S. Bank National Association, the trustee for the Notes, for cancellation.
Radian Group Inc. Presents at FBR Housing Recovery Conference: Where Private Capital Meets Public Policy, Jun-04-2014
Jun 2 14
Radian Group Inc. Presents at FBR Housing Recovery Conference: Where Private Capital Meets Public Policy, Jun-04-2014 . Venue: Willard InterContinental, The Willard Room, 1401 Pennsylvania Avenue NW, Washington, D.C. 20004, United States.
Radian Group Inc. Approves Regular Quarterly Dividend Payable on June 9, 2014
May 14 14
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 June 9, 2014, to stockholders of record as of May 27, 2014.
Radian Group Inc. Announces Consolidated Earnings Results for First Quarter Ended March 31, 2014; Provides Tax Rate Guidance for 2014
May 6 14
Radian Group Inc. announced consolidated earnings results for first quarter ended March 31, 2014. For the quarter, the company reported total revenues of $346,256,000, pretax income of $202,518,000, net income of $202,759,000 or $0.94 per diluted share compared to the total revenues of $42,382,000, pretax loss of $202,223,000, net loss of $187,500,000 or $1.3 per diluted share for the same quarter a year ago. Book value per share at March 31, 2014 was $6.10. Adjusted pretax operating income was $91 million for the first quarter.
The company would expect the tax rate close to the 35% statutory rate for 2014.