Industry News

Real estate loan insurer boosts profits

MGIC net income climbs to $134.5 million in fourth quarter
Published on Jan 18, 2005

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by CareyBot

Private mortgage insurance provider MGIC Investment Corp. (NYSE:MTG) reported fourth-quarter net income of $134.5 million, up 29.5 percent from the $103.9 million reported for the same quarter a year ago. Diluted earnings per share gained to $1.39 in the fourth ...