pmi group inc

Private mortgage insurer PMI Group Inc. is seeking shelter from creditors under the Chapter 11 bankruptcy code after the seizure of two of its subsidiaries by regulators in Arizona.

Insurance regulators in Arizona have seized the main subsidiary of private mortgage insurer PMI Group Inc.

Below are stocks making meaningful moves in pre-open trading Thursday: HIGHER: APAC Customer Services Inc.

(NASDAQ: APAC) 55% HIGHER; acquired by One Equity OCZ Technology (NASDAQ: OCZ) 9% HIGHER; strong Q1 results, guidance Renren Inc.

American Depositary (NYSE: RENN) 7% HIGHER; continued upside Target Corp. (NYSE: TGT) 6% HIGHER; SSS up 4.5% E-Commerce China Dangdang Inc.

(NYSE: DANG) 6% HIGHER; continued upside PMI Group Inc. (NYSE: PMI) 6% HIGHER; continued upside on mortgage headlines Kohl's Corp.

Franklin Electronic Publishers, Inc. (AMEX: FEP) 111% HIGHER; today announced that it has received a copy of a Schedule 13D filed with the SEC relating to a non-binding proposal by Saunders Acquisition Corporation for an all cash acquisition at $2.35 per share. More from the release.