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PMI Group to Swing to Loss in 3Q (AP via Yahoo! Finance)

Story date: 2007-10-18 04:15:05
Added on: 2007-10-18 19:00:07


Mortgage insurer PMI Group Inc. said Thursday it expects to report a net loss of $1.05 per share for the third quarter due its weakening mortgage insurance business and writedowns on derivatives.


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