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Philly Ticker

Thank the Fed for making Radian Group Inc. the local non-penny stock that moved the most last week.

Yes, the Philadelphia provider of mortgage and other financial guarantee insurance was the big loser the previous week. But this week, it rose 28 percent to close at $8.18 after the surprise cut in the federal funds rate and talk of a possible bailout for the bond insurance industry.

- Mike Armstrong

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This page contains a single entry from the blog posted on January 27, 2008 4:01 PM.

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