U.S. Stocks Drop Led by Financial Shares; MGIC Investment Falls
Story date: 2007-10-17 12:50:00
Added on: 2007-10-17 16:48:37
Bloomberg - MGIC Investment Corp., the largest U.S. mortgage insurer, fell to the lowest since 1996 after predicting a loss for next year and saying ... fallout from the housing slump will be worse than anticipated and prompt the Fed to reduce interest rates ...
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