New York, NY -- (SBWIRE) -- 02/13/2013 -- Radian Group Inc. (NYSE:RDN) reported a net loss for the quarter ended December 31, 2012, of $177.3 million, or $1.34 per diluted share, which included minimal net gains on investments and combined net gains from the change in fair value of derivatives and other financial instruments as well as an income tax provision of $20.5 million.
Radian Group Inc. (RDN), headquartered in Philadelphia, provides private mortgage insurance and related risk mitigation products and services to mortgage lenders nationwide through its principal operating subsidiary, Radian Guaranty Inc. Radian Group Inc., through its subsidiaries, operates as a credit enhancement company in the United States.
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Annaly Capital Management, Inc. (NYSE:NLY) recently reported GAAP net income for the quarter ended December 31, 2012 of $700.5 million or $0.70 per average common share as compared to GAAP net income of $445.6 million or $0.46 per average common share for the quarter ended December 31, 2011, and GAAP net income of $224.8 million or $0.22 per average common share for the quarter ended September 30, 2012.
NLY also announced last month that it has reached a definitive agreement with CreXus Investment Corp. to acquire for $13.00 per share in cash all the shares of CreXus that Annaly does not currently own.
Annaly Capital Management, Inc., a real estate investment trust, engages in the ownership, management, and financing of a portfolio of investment securities.
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