On Friday, Shares of MGIC Investment Corp. (NYSE:MTG), subtract -1.00% and closed at $7.89 in the last trading session. The last trading range of the stock ranges between $7.86 and $8.01. The company’s Market capitalization is $2.66 Billion with the total Outstanding Shares of 340.64 million. During the 52-week trading session the minimum price at which share price traded, registered at $5.36 and reached to max level of $10.05. MGIC Investment Corporation, through its auxiliaries, provides private mortgage insurance and ancillary services to lenders and government sponsored entities in the United States. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, in addition to covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure. It also provides contract underwriting services; and other services for the mortgage finance industry, such as analysis of loan originations and portfolios, and mortgage lead generation services. In addition, the company take parts in external reinsurance arrangements and captive mortgage reinsurance arrangements. It serves originators of residential mortgage loans, counting savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders.
Skyworks Solutions Inc (NASDAQ:SWKS), jumped 0.04% and closed at $79.37 in the last trading session. The last trading range of the stock ranges between $77.63 and $79.57. The company’s Market capitalization is $14.89 Billion with the total Outstanding Shares of 187.50 million. During the 52-week trading session the minimum price at which share price traded, registered at $54.50 and reached to max level of $88.52. Skyworks Solutions, Inc., together with its auxiliaries, designs, develops, manufactures, and markets proprietary semiconductor products, counting intellectual property worldwide. Its product portfolio includes amplifiers, attenuators, battery chargers, circulators, DC/DC converters, demodulators, detectors, diodes, directional couplers, diversity receive modules, filters, front-end modules, hybrids, LED drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase shifters, phase locked loops, power dividers/combiners, receivers, switches, synthesizers, technical ceramics, VCOS/synthesizers, and voltage regulators. The company provides its products for automotive, broadband, cellular infrastructure, connected home, industrial, medical, military, smartphone, tablet, and wearable applications.
On the otherhand Hologic, Inc. (NASDAQ:HOLX), jumped 1.20% and closed at $39.74 in the last trading session. The last trading range of the stock ranges between $39.17 and $39.91. The company’s Market capitalization is $11.16 Billion with the total Outstanding Shares of 277.42 million. During the 52-week trading session the minimum price at which share price traded, registered at $31.84 and reached to max level of $41.66. Hologic, Inc. (HOLX) declared recently that it has notified holders of the 2.00% Convertible Exchange Senior Notes due 2037 (CUSIP No. 436440 AB7) issued November 23, 2010, and Wilmington Trust Company, the trustee, paying agent and conversion agent for the notes, that holders are eligible to convert the notes. This conversion right is subject to the terms of the base indenture governing the notes dated as of December 10, 2007, as supplemented by the second supplemental indenture dated as of November 23, 2010 (collectively, the indenture).
The conversion right has been triggered because the closing price of the Company’s common stock exceeded about $29.94, which is 130% of the conversion price for the notes, for at least 20 of the 30 successive trading days ending on September 30, 2016. As a result, the notes are convertible until December 31, 2016, subject to the terms, conditions and adjustments in the indenture and the notes. The notes may continue to be convertible after December 31, 2016 if one or more conditions specified in the indenture are satisfied during future measurement periods.