PMI (PMI) Shares Sink Ahead of Q1 Conference Call; Co. Says Mortgage Losses May Limit US Sales

May 5, 2011 11:12 AM EDT
Shares of PMI Group (NYSE: PMI) have pushed sharply lower in morning trade ahead of the company's Q1 conference call.

Traders may be reacting to comments from the company that mortgage losses may limit its sales within the US.

The stock is now down 12.4 percent to $1.78.


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