Sat, Sep 20, 2014, 4:29 AM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Old Republic International Corporation Message Board

  • I guess we can write-off that remaining $50mn in MGIC

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • actually, MGIC may eventually have a tiny bit of equity value - there is a lot of noise around this name also - for adventurous investors, the MGIC 2015 bonds are a good bet (but speculative!) - they have the cash at holdco to pay them, and are very unlikely to downstream more than would be required for 2015 maturity, as would prob. ensure eventual bankruptcy - would be more likely to put the subs into partial run-off - it is a binary bet though - they either keep the redemption cash at holdco or they dont - dont think there is much middle ground -

 
ORI
14.68-0.22(-1.48%)Sep 19 4:01 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.