PMI Pmi Grp. (The) Common Stock

MicroStockProfit.com announces a stock report featuring PMI Group Inc. (NYSE:PMI). The report briefly notes the company's most recent developments and news, and outlines its financial position, market performance, and comparison against industry peers.

The full report is available at: www.microstockprofit.com/lp/PMI

PMI Group Inc. (PMI) through its subsidiary PMI Mortgage Insurance Co. (MIC) and its affiliated companies (collectively PMI), provides residential mortgage insurance in the United States. Mortgage insurance provides loss protection to mortgage lenders and investors in the event of borrower default. During the year ended December 31, 2010, the Company operated in three business segments: United States Mortgage Insurance Operations, International Operations and Corporate and Other.

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In the report, the analyst notes:

"PMI shares plunged into the red last week as the Walnut Creek, California-based mortgage insurer posted its 16th consecutive quarterly loss and said it failed to meet regulators' capital requirements."

"For the second quarter of 2011, the Company posted a net loss of $134.8 million, or $(0.83) per share, narrowing the year-ago quarter loss of $151 million, or $(1.11) per share. Excluding gains it made from the sale of its Australian operations in 2008, PMI's loss from continuing operations was $285.3 million, or $1.76 per share."

To read the entire report visit: www.microstockprofit.com/lp/PMI

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