MBIA Inc.
News and overview for MBIA Inc.
Cisco says it could withdraw Tandberg offer - MarketWatch
MarketWatch | 13 days 10 hours 6 minutes ago
The San Jose, Calif.-based networking gear maker, shares of which were down more than 1%, said only 9.4% of the Norwegian video-conferencing firm's shares have been tendered as of Tuesday.
BLUE PLANET FINANCIALS GROWTH AND INCOME INVESTMENT TRUSTS NOS 1-10 - Half-yearly Report [Press Release]
PRNewswire | 4 days 10 hours 5 minutes ago
REGULATORY ANNOUNCEMENT
BLUE PLANET FINANCIALS GROWTH AND INCOME INVESTMENT TRUST NO.1 PLC - Half-yearly Report [Press Release]
PRNewswire | 4 days 10 hours 8 minutes ago
REGULATORY ANNOUNCEMENT
Assured Guaranty jumps after keeping Aa ratings - MarketWatch
MarketWatch | 10 days 9 hours 12 minutes ago
Moody's downgraded the insurance financial strength rating of Assured Guaranty Corp., or AGC, to Aa3 from Aa2 and affirmed the Aa3 insurance financial strength rating of Assured Guaranty Municipal Corp., or AGM.
Financials rise, besting broader market - MarketWatch
MarketWatch | 5 days 11 hours 56 minutes ago
Drug stocks mixed; Vivus jumps on study
Financials rise despite sluggish insurance sector - MarketWatch
MarketWatch | 18 days 11 hours 37 minutes ago
Much of the attention on a new bonus report from Johnson Associates is focused on Wall Street s biggest gainers, but not everyone will be popping the Champagne, writes David Weidner.
Bank failures by state for 2009 - MarketWatch
MarketWatch | 13 days 7 hours 41 minutes ago
On the surface, retail sales seemed to have a pulse this week. But the latest rise in sales is only impressive because it comes on the back of last year's anemic results.
Democrats, Clinton reportedly meet on health care - MarketWatch
MarketWatch | 13 days 8 hours 15 minutes ago
Clinton was to meet with Democrats during their weekly caucus, the Associated Press and others reported.
GM's Reilly will lead Opel/Vauxhall operations - MarketWatch
MarketWatch | 13 days 10 hours 6 minutes ago
The news comes after GM announced on Friday that Carl-Peter Forster, president of Opel Europe, will leave his position as head of European operations.
Big job losses have no small solution - MarketWatch
MarketWatch | 13 days 7 hours 7 minutes ago
Diary of a Recession Baby: Breast economics
Gold rises as dollar hovers near 15-month lows - MarketWatch
MarketWatch | 13 days 7 hours 7 minutes ago
NEW YORK (MarketWatch) -- Gold futures finished higher on Tuesday, as slight dollar gains failed to lift the U.S. currency far off from 15-month lows, while worries about the UK's credit rating lifted gold's appeal as a safe asset. Gold for December delivery gained $1.10, or 0.1%, to finish at $1,102.50 an ounce. On Monday, the contract finished above $1,100 for the first time, after hitting an intraday record high of $1,111.70 in electronic trading.
Canadian shares drop after big rally - MarketWatch
MarketWatch | 13 days 8 hours 15 minutes ago
Energy stocks are in the spotlight as crude futures move back above $80 a barrel, boosting oil producers such as Occidental Petroleum but hurting independent oil refiners such as Sunoco and Valero Energy.
Sector sits out broader market rally - MarketWatch
MarketWatch | 10 days 9 hours 27 minutes ago
The Reuters/University of Michigan index of consumer sentiment fell to 66.0 in November, down from 70.6 in October. Analysts had been hoping to see the measure rise as high as 72 in the latest report. The index has now fallen in two straight months.
Barclays sees Intel-AMD antitrust settlement - MarketWatch
MarketWatch | 13 days 6 hours 35 minutes ago
Intel spokesman Chuck Mulloy said the company does not comment on analysts' reports or speculation. AMD spokesman Michael Silverman also said the company does not comment on analyst notes, but described the analysis as "highly speculative."
Alaska Airlines sees greater holiday demand - MarketWatch
MarketWatch | 13 days 8 hours 15 minutes ago
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Company Overview
| Company: | MBIA Inc. |
|---|---|
| Industry: | Surety Insurance |
| Website: | http://www.mbia.com |
MBIA will make sure that bonds get paid, no matter what. Through its independent subsidiary, National Public Finance Guarantee Corporation, MBIA is a leading provider of insurance for municipal bonds and stable corporate bonds (such as utility bonds). Separate from its municipal bond business, MBIA also manages assets for public-sector clients, guarantees bank deposits for government entities, and insures insurance companies' guaranteed investment contracts. Other lines of business include tax compliance services and buying and servicing municipal real estate tax liens. It operates from three US offices and three in Europe as well as ones in Mexico City, Tokyo, and Sydney.
Key Numbers
| Sales in U.S. Dollars (mil.) | -856.6 (2008) |
|---|---|
| One-year % Growth in Sales | 0.0 (2008) |
| Net Income in U.S. Dollars (mil.) | -2,672.7 (2008) |
| One-year % Growth in Net Income | 0.0 (2008) |
| Number of Employees | 420 (2008) |
| One-year % Growth in Number of Employees | -13.6 (2008) |
| Fiscal Year-End | December |