Subscribe to FREE Stock Market News Alerts by visiting: http://www.pennystockpickreport.com/
Genworth Financial, Inc. (NYSE:GNW) zoomed 9.33% to $11.13 on a massive volume of 11.87 million shares after it reported results for the third quarter of 2009. Net income(1), before provision for noncontrolling interests, was $45 million, or $0.10 per diluted share, compared with a net loss of $258 million, or $0.60 per diluted share, in the third quarter of 2008. Net operating income(2), before provision for noncontrolling interests, for the third quarter of 2009 was $106 million, or $0.24 per diluted share, compared with $220 million, or $0.51 per diluted share, in the third quarter of 2008.
Radian Group Inc. (NYSE:RDN) surged 7.59% to $6.52 with a massive volume of 1.85 million shares. The stock has a 52-week range of $0.95-$12.48. Radian Group Inc. is a credit enhancement company. The Company operates in three business segments: mortgage insurance, financial guaranty and financial services. The mortgage insurance business provides credit protection for mortgage lenders and other financial services companies on residential mortgage assets.
iStar Financial Inc. (NYSE:SFI) rallied 8.62% to $2.52 on a high volume of 537k shares today reported results for the third quarter ended September 30, 2009. iStar reported adjusted earnings (loss) allocable to common shareholders for the third quarter of ($234.2) million or ($2.37) per diluted common share, compared with ($287.2) million or ($2.16) per diluted common share for the third quarter 2008. Adjusted earnings (loss) represents net income (loss) computed in accordance with GAAP, adjusted primarily for preferred dividends, depreciation, depletion, amortization, impairments of goodwill and intangible assets, gain (loss) from discontinued operations, and gain on sale of joint venture interest.
ABOUT PennyStockPickReport.com
Penny Stock Pick Report alerts investors on Top Stocks that would help investors to generate higher than average returns. These include various types of stocks with huge volume, penny stocks that are moving to the upside quickly, penny stocks with buy signals and companies with news. Our regular Stock Alerts, Penny Stock Trading Alerts helps investors to achieve incredible results in a short amount of time and our members have made remarkable profits of over 100%.