Posts Tagged ‘PMI Group’

PRICE/VOLUME SURGE: PMI GROUP (PMI)

PMI Group (NYSE: PMI) is having a huge day.  Shares are up more than 50% right after the open after the company announced it is selling its Australian operations.  The sale price is $920 million on the surface, although 20% is via a promossory note that appears subject to performance measures.  As this company is [...]