MBIA Inc

NYSE: MBI
Asset Type Stock
Exchange NYSE
Currency USD
Country USA
Sector FINANCE
Industry SURETY INSURANCE
Address 1 MANHATTANVILLE ROAD, SUITE 301, PURCHASE, NY, US
Fiscal Year End December
Latest Quarter 9/30/2023
Market Cap 343.15M USD
Shares Outstanding 51,140,000
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.
These are ten of the analyst calls we are focusing on this Monday morning in the early pre-market trading hours:Assured Guaranty Ltd. (NYSE: AGO) started as Buy at UBS.Broadcom (NASDAQ: BRCM) started...
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Meredith Whitney of Opperheimer covers financial stocks, but she clearly hates them. At least for the time being. She is no making the point that as MBIA (MBI) and Ambac (ABK) lose their...
According to Reuters, a survey of sovereign wealth funds found concerns about their investment is overblown. Reuters reports that Verizon Wireless (VZ)(VOD) will buy Alltel for over $28 billion....
We have seen numerous transactions today in different FORM 4 filings where executives at both MBIA Inc. (NYSE: MBI) and AMBAC Financial Group Inc. (NYSE: ABK) have gone out into the open market to...
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Indevus Pharmaceuticals (IDEV) Bad news on drug trial. Falls to $1.21 from 52-week high of $8.22. Ambac (ABK) Possible downgrade by Moody’s. Drops to $2.45 from 52-week high of $89.33. MBIA...
MBIA Inc. (NYSE: MBI) and AMBAC Financial Group Inc. (NYSE: ABK) are actually responsible for taking back some of today’s market gains.  Actually, it is Moody’s Corp. (NYSE: MCO)...
Moody’s (MCO) primary ratings unit gives Ambac (ABK) and MBIA (MBI) "Aaa" ratings. Those ratings were in trouble, but when the two companies raised capital, they kept their Good...
Anyone who does not think that insurance regulators have done what they can to keep credit ratings high at Ambac (ABK) and MBIA (MBI) is a chump. With their tremendous losses and risk in their...
According to Reuters, lenders and Clear Channel (CCU) have reached an agreement for an LBO of the company. Reuters writes that Carl Icahn may mount a proxy fight for control of Yahoo! (YHOO) Reuters...
The short interest in NYSE stocks hit a record for the March 31 period. The number compare to those on March 14. Shares short in banks and brokerages began to drop. Short interest in Fannie Mae (FNM)...
Revenge is a dish best served cold. The former CEO of UBS (UBS), pushed out by the bank’s current chairman, has suggest that the huge financial firm be broken up. According to The Wall Street...