PMI Spikes on Freddie Mac (PMI, FRE, FNM)
PMI Group Inc. (NYSE: PMI) is one of those companies which borrowers hate because they feel it is insurance on top of insurance. Shares of PMI are soaring this morning on word that Freddie Mac (NYSE: FRE) approved the company as an Eligible Mortgage Insurer… PMAC will be able to write new mortgage insurance business [...]
Top Day Trader Alerts (AMSC, BIDU, CTIC, ISSI, JSDA, MEE, ONTY, SQNM, SOMX)
We have many stocks on the move this morning. Some are secondary offerings and many are on news and analyst calls. Below is a snapshot on each with the news, the move, relative price and average daily volume and other pertinent color where applicable. American Superconductor Corporation (NASDAQ: AMSC) is launching after the company was [...]
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