radian group inc (RDN) Key Developments
Radian Group Inc. Declares Regular Quarterly Dividend on Common Stock, Payable on June 8, 2015
May 13 15
Radian Group Inc. announced that the company's Board of Directors approved a regular quarterly dividend on its common stock in the amount of $0.0025 per share, payable on June 8, 2015 to stockholders of record as of May 26, 2015.
Radian Group Builds for the Future with Advanced ConsultCRM
May 5 15
Radian Group has implemented a CRM solution from Advanced ConsultCRM (Advanced) to drive its growth strategy. The contract follows Advanced's recent acquisition of Goldcrest Solutions, a leading provider of Microsoft Dynamics CRM solutions to the social housing sector. The Goldcrest housing solution (built on the Microsoft Dynamics CRM platform) is being used to resolve more than 80% of customer enquiries at first point of contact and better manage ongoing cases through to resolution. Radian manages more than 21,000 properties in the South of England and has a turnover in excess of £120 million. The not-for-profit organisation plans to build 1,500 homes over the next three years and invest in the private rented housing sector. Following a competitive tendering process, the Group selected Goldcrest in preference to three other solutions. The solution integrates with Radian's housing management system and was implemented in January 2015. The solution has been rolled out to 400 customer service and other customer facing staff, including surveyors, housing officers and tenancy support staff working out of their four main offices.
Radian Group Inc. Announces Resignation of Brian D. Montgomery as a Member of the Compensation and Human Resources Committee
May 5 15
Effective May 4, 2015, Brian D. Montgomery no longer is serving as a member of the Compensation and Human Resources Committee of Radian Group Inc. Board of Directors. Mr. Montgomery is continuing to serve as a member of the Board's Credit Committee.
Radian Group Inc. Presents at Keefe, Bruyette, & Woods Mortgage Finance Conference, Jun-02-2015 10:20 AM
May 1 15
Radian Group Inc. Presents at Keefe, Bruyette, & Woods Mortgage Finance Conference, Jun-02-2015 10:20 AM. Venue: Millennium Broadway Hotel, 145 West 44th Street, New York, New York, United States. Speakers: Sanford A. Ibrahim, Chief Executive Officer and Director.
Radian Group Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015
Apr 30 15
Radian Group Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net income from continuing operations of $91.7 million, or $0.39 per diluted share, which included net gains on investments and other financial instruments of $16.8 million. This compares to net income from continuing operations for the quarter ended March 31, 2014, of $146.0 million, or $0.68 per diluted share, which included net gains on investments and other financial instruments of $43.0 million. Book value per share at March 31, 2015, was $11.53. Adjusted pretax operating income was $123.9 million, compared to adjusted pretax operating income for the quarter ended March 31, 2014, of $84.0 million. Adjusted diluted net operating income per share was $0.35. Revenues were $290.7 million compared to $258.2 million a year ago. Pretax income from continuing operations was $137.450 million compared to $127.097 million a year ago. Net income was $92.257 million or $0.39 per diluted share compared to $202.759 million or $0.94 per diluted share a year ago.