Wisconsin Banking Update
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MGIC Reports $186M Loss
Posted on January 19th, 2011 No commentsMGIC Investment Corp. narrowed its loss in the fourth quarter, but it wasn’t enough for Wall Street. The stock price of the Milwaukee-based mortgage insurer tumbled almost 21 percent after it reported a fourth quarter loss of $186.7 million, or 93 cents a share, the Milwaukee Journal Sentinel reported.Leave a reply