Radian Group Inc (NYSE:RDN) stock up by 2.74%, NVIDIA Corporation (NASDAQ:NVDA)

Posted by Chris Bell May 29, 2013 0 Comment 1635 views


Radian Group Inc (NYSE:RDN): Tuesday’s trading session saw Radian Group Inc (NYSE:RDN) rising by 2.74%. The opening price of $13.52 climbed to an intraday high of $13.65 before settling down to close at $13.36 per share. Around 6.10 million shares were traded in the last trading session, which stood below the average volume of 8.37 million that was measured over 30 days.

RDN is a credit-enhancement company. It spotlights first-lien, domestic residential-mortgage insurance. Mortgage insurance and Financial guaranty are its two business segments. Radian Group Inc (NYSE:RDN)’s mortgage insurance segment provides credit-related, insurance coverage. It does this largely via private mortgage insurance. The segment also provides risk-management services to numerous mortgage lending institutions. The company’s financial guaranty segment provides re-insurance and direct-insurance on credit-based risks. This insurance is provided via Radian Asset Assurance, a 100% owned subsidiary of Radian Guaranty Inc.

The company also provides credit-protection for different asset-classes through credit default swaps as well as financial guarantees. Radian Group Inc (NYSE:RDN) competes with Mortgage Guaranty Insurance Corporation, Genworth Financial Inc., Essent Guaranty, United Guaranty Corporation and CMG Mortgage Insurance Company.

NVIDIA Corporation (NASDAQ:NVDA): Tuesday’s trading session saw NVIDIA Corporation (NASDAQ:NVDA) dipped 0.70%. The opening price of $14.65 climbed to an intraday high of $14.69 before settling down to close at $14.39 per share. Around 29.46 million shares were traded in the last trading session, which stood below the average volume of 34.90 million that was measured over 30 days.

NVIDIA is involved in creating graphics chips that are used in personal computers. NVIDIA Corporation (NASDAQ:NVDA) operates in three different segments: graphics processing unit Business, professional solutions business and the consumer products business. The mobile processors manufactured by the company are used in tablets, mobile phones as well as in auto infotainment systems. Designers make use of GPUs in the creation of movie visual effects.

They can create anything from jumbo jets to golf clubs. NVIDIA Corporation (NASDAQ:NVDA) solutions are based on two different technologies: One, the GPU and the other, the mobile processor. GPUs are engines of visual-computing. They use art and science of computers to comprehend, create as well as enhance images.


About Chris Bell

Chris Bell is an investing reporter for GDP Insider. Chris covers financial markets and Wall Street, concentrating on developments affecting individual investors and their portfolios. Chris is also over consumer reporter and covers a wide variety of issues ranging from housing to immigration to urban poverty. Chris graduated from the University of Scranton with a degree in Communication and Philosophy. Chris's diligent investigations earned him the honor of being named "Best Reporter" once by the Headliners Foundation of Texas and once by the Houston Press Club.

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