Small Cap Stocks Alert: Lennar Corporation (NYSE:LEN) and Radian Group Inc(NYSE:RDN)
Houston, TX – March 20, 2013 — (Net PR News) – AnotherWinningTrade.com delivers quality trading ideas for the elite investor that has the financial wherewithal and market nimbleness to profit on small moves in a stock’s price. Become a member and you will be provided with real-time alerts intended to provide you with the opportunity to make profitable trades. To receive our FREE, comprehensive newsletter, visit AnotherWinningTrade.com.
Stocks that are being watched this morning are:Lennar Corporation (NYSE:LEN) and Radian Group Inc(NYSE:RDN)
Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc. (NYSE:RDN), on Wednesday declared the inclusion of 30-year mortgage industry expert, Phillip Bracken, to the squad.
In the recently appointed role of Chief Policy Officer, Government and Industry Relations, Bracken will represent Radian on Capitol Hill, by marketing a more traditional balance between private and public capital in the mortgage finance market.
Bracken brings over 30 years of mortgage industry experience to Radian (RDN), most lately acting as an executive consultant for private enterprise clients in the housing, financial services and consumer sectors.
How shares of Radian Group Inc responded to such a move? Find in this report
Before joining this role, Bracken spent 15 years as an executive at Wells Fargo, where he oversaw government and industry relations and policy development, for the Home Mortgage and Consumer Finance Group.
Radian Group Inc(NYSE:RDN) investors were excited about the move and the stock was increasing on Wednesday and, on last check, was seen above the line 0.91%.
Lennar Corporation (NYSE:LEN)announced net earnings of 26 cents per share in the initial quarter of fiscal 2013, topping the same quarter year ago earnings by 225%.
How Lennar Corporation attracted investors on Wednesday? Find in this report
The higher earnings were caused by double-digit progress in homebuilding revenues and robust operating margins. Earnings also topped the Zacks Consensus Estimate of 13 cents by 100%.
Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor’s reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid IO News Wire twelve hundred and ninety five dollars for the publication and circulation of this news release. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation; do no trading of any kind and send no faxes or emails.