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Radian shares surge 27 pct as Reuters reports comments on capital

Radian shares surge 27 pct as Reuters reports comments on capital

Reuters reported on May 5 that U.S. mortgage insurer Radian Group had sufficient capital to write new businesses through out the year, allaying investor concerns of a liquidity crunch and boosting its shares as much as 27 percent. Bloomberg and Dow Jones did not carry the news. Reuters got the news from the company’s conference call.

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