MBIA Inc

NYSE: MBI
$6.12
+$0.07 (+1.2%)
Closing price April 19, 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.
MBIA Inc. (NYSE: MBI) was on our schedule to report earnings tomorrow, but the troubled and former largest bond insurer somehow managed to post a profit for the quarter.  We expected a loss,...
According to Reuters, lenders will object to the Chrysler Chapter 11 filing. Reuters reports that Switzerland  is asking US a court to halt a case against UBS (UBS). Reuters reports that SMFG will...
According to Reuters, some members of Congress were unhappy with Defense budget cuts.Reuters reports that Americans are more optimistic about the economy since Obama came into office, according to a...
MBIA Inc. (NYSE: MBI) is set to report earnings Tuesday,  before the market opens.  As the market has slid further, this troubled “guarantor” has gone with it and has again hit new...
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For the period ending October 15, short sellers got out of most banks and brokerage stocks. That is a shame for them. They could have made a killing this week.The short interest in Citigroup (C) fell...
MBIA’s (MBI) corporate slogan "Wisdom In Action" presents a monumental irony. Management’s gamble that derivatives were a good way to pop earnings nearly ruined the company. The firm was, after...
When you hear the group of conspiracy theorists that Gary Weiss so aptly named "The Baloney Brigade" talking about naked short selling, you get the idea that unscrupulous short sellers are driving...
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The federal government has decided that Fannie Mae (FNM) and Freddie Mac (FRE) are too big to fail. The Fed and Treasury will offer a combination of loans and stock purchases to make sure that the...
MBIA Inc. (NYSE: MBI) decided to speak out against some recent speculation and some recent reporting on its overall health.  The company has said that as a result of Moody’s downgrade of MBIA...
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