Stocks Under Spotlight: Radian Group Inc. (NYSE:RDN), Nokia Corp. (NYSE:NOK)

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Radian Group Inc. (NYSE:RDN) on Wednesday priced concurrent underwritten public offerings of 34 million stock at $8.00 a share, and $350 million aggregate principal amount of its convertible senior notes, pending 2019. The firm also reported that it has hiked the size of the offering.

The underwriters have been given option to buy a further 5.1 million shares of common stock and a further $50 million principal amount of notes at the public offering price within 30 days.

The notes would pay interest semi-annually on March 1 and September 1 at a rate of 2.25 percent per annum, and would mature on March 1, 2019.

How Investors at Radian Group perceived this move? Find in this report

Radian Group Inc.(NYSE:RDN) investors were having a great time in New York on Wednesday as the stock was again seen above the trend line with positive change of 0.47% during the session.

Once a cell phone tycoon Nokia (NYSE:NOK) unable to acquire much progress on Apple Inc. and Samsung Electronics Co., the Finnish firm is setting its cannons on a smaller opponent: BlackBerry.

What Nokia has got for BlackBerry, the underdog of smartphone segment? Click here to find out

Nokia (NOK) is staking its association with corporate-computing tyccon Microsoft Corp. would assist it win business customers, among BlackBerry’s stranglehold.

Nokia’s latest Lumia smartphones, counting two launched this week at the Mobile World Congress in Barcelona, operate on Microsoft’s OS and come with Excel, Word and PowerPoint.

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