MBIA Inc

NYSE: MBI
$6.29
+$0.21 (+3.5%)
Closing price April 23, 2024
MBIA Inc. specializes in providing financial guarantee insurance, supporting the stability of public finance markets primarily in the United States. The company safeguards a variety of bonds issued by municipalities, utilities, airports, healthcare and educational institutions, among others. It extends its services to insure international public finance and structured finance projects, including infrastructure like toll roads and bridges. Founded in 1973 and based in Purchase, New York, MBIA also offers reinsurance services, ensuring financial resilience across diverse sectors.
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Source: Brian Katt / Wikimedia Commons / GNU Free Documentation LicenseA federal judge in Manhattan ruled yesterday that Flagstar Bancorp Inc. (NYSE: FBC) must pay $90.1 million to bond insurer...
Source: ThinkstockMBIA Inc. (NYSE: MBI) has tanked after Bank of America Corp. (NYSE: BAC) has tendered for the 5.70% MBIA notes due in 2034. The bank is asking note holders to sell their 2004...
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