(EMAILWIRE.COM, November 24, 2009 ) Dallas, TX – MGIC Investment Corp. (NYSE:MTG) climbed up 3.86% to $4.30. The stock hit an intraday high and an intraday low of $4.49 and $4.23 respectively. In the last six months the stock went down over 9%. MGIC Investment Corporation is a holding company and through its wholly owned subsidiary, Mortgage Guaranty Insurance Corporation, provides private mortgage insurance in the United States. MGIC is licensed in all 50 states of the United States, the District of Columbia, Puerto Rico and Guam.
Zions Bancorporation (NASDAQ:ZION) climbed up 12.51% to $14.12 after the company upgraded to Buy, $17.50 target, by Soleil. Zions Bancorporation is a Financial holding company. The Company provides a range of banking and related services through its banking and other subsidiaries, primarily in Utah, California, Texas, Arizona, Nevada, Colorado, Idaho, Washington and Oregon.
Financial Federal Corporation (NYSE:FIF) climbed up 29.49% to $26.61 after People’s United Financial, Inc. announced a definitive agreement to acquire Financial Federal Corporation, in a stock and cash transaction valued at approximately $738 million. The transaction is expected to close in the first quarter of 2010. Under the terms of the definitive agreement, which has been approved by both companies’ boards of directors, at closing Financial Federal Corporation shareholders will receive $11.27 in cash and one share of People’s United common stock.
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