On Friday, Radian Group Inc NYSE:RDN)’s shares declined -0.43% to $18.37.
Radian Group Inc (RDN) declared the launch of a job loss insurance program called Radian MortgageAssureSM that is designed to provide homeowners peace of mind after an involuntary job loss. This program reduces the risk of job loss-related late or missed mortgage payments, while offering lenders further protection against default.
Brien McMahon, chief franchise officer stated that At Radian, they are continually innovating to assist Americans realize the dream of affordable, sustainable homeownership. “As the spring buying season starts, they are happy to be able to offer a new level of protection – at no additional cost – that is designed to provide peace of mind to those interested in purchasing a home.
Radian Group Inc., through its auxiliaries, provides mortgage and real estate products and services in the United States. It operates through two segments, Mortgage Insurance, and Mortgage and Real Estate Services (MRES).
3M Co (NYSE:MMM)’s shares dropped -0.42% to $158.99.
3M Co (MMM) stated first-quarter earnings of $1.85 per share, an enhance of 3.4 percent as compared to the first quarter of 2014. Sales declined 3.2 percent year-on-year to $7.6 billion. Organic local-currency sales grew 3.3 percent and foreign currency translation reduced sales by 6.5 percent year-on-year.
Operating income was $1.7 billion and operating income margins for the quarter were 22.8 percent, up 0.9 percentage point’s year-on-year. First-quarter net income was $1.2 billion and the company converted 66 percent of net income to free cash flow.
3M paid $652 million in cash dividends to shareholders as the company raised its first-quarter per-share dividend by 20 percent. Also, the company repurchased $886 million of its own shares during the quarter.
3M Company operates as a diversified technology company worldwide. Its Industrial segment offers tapes; coated, non-woven, and bonded abrasives; adhesives; ceramics; sealants; specialty materials; filtration products; closure systems for personal hygiene products; acoustic systems products; automotive components; abrasion-resistant films; structural adhesives; and paint finishing and detailing products.
At the end of Friday’s trade, Zynga Inc (NASDAQ:ZNGA)‘s shares dipped -0.40% to $2.52.
Zynga Inc (ZNGA) disclosed that Louis J. Lavigne, Jr., former Genentech Inc. Chief Financial Officer, has joined the company’s Board of Directors. Lavigne brings extensive experience in business operations and management, strategy, finance, accounting and public company governance to Zynga’s Board.
Zynga Inc. develops, markets, and operates online social games as live services played on the Internet, social networking sites, and mobile platforms in the United States, Asia, and Europe.
Baker Hughes Incorporated (NYSE:BHI), ended its Friday’s trading session with -0.41% loss, and closed at $68.09.
Baker Hughes Incorporated (BHI) declared results for the first quarter of 2015.
Martin Craighead, Baker Hughes Chairman and Chief Executive Officer commented, “Our first quarter results are a reflection of the extreme market forces faced by our industry since late December. Compriseent with past downturns, many of our customers have curtailed or canceled projects. The reduction in activity can clearly be seen in the North America rig count, which has been cut in half, dropping by more than 1,000 rigs so far this year. Similarly, international activity has begun falling, counting noteworthyrig count declines in Colombia, Mexico, Continental Europe, and Australia.
Baker Hughes Incorporated supplies oilfield services, products, technology, and systems to the oil and natural gas industry worldwide. The company offers drilling and evaluation products and services, which comprise drill bits for performance drilling, hole enlargement, and coring; conventional and rotary steerable systems used to drill wells; measurement-while-drilling and logging-while-drilling systems to perform reservoir navigation services; drilling optimization services; tools for coil tubing drilling and wellbore re-entry systems; coring drilling systems; surface logging; emulsion and water-based drilling fluids systems; reservoir drill-in fluids; and fluids environmental services.
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