MBIA Inc.
News and overview for MBIA Inc.
US HOT STOCKS: MBIA, Priceline Active In Late Trading
Wall Street Journal, The | 13 days 21 hours 54 minutes ago
U.S. stocks traded higher Monday, as the Dow Jones Industrial Average rose 204 points to 10227, the S&P 500 climbed 24 points to 1093 and the Nasdaq Composite gained 42 points to 2154. Among the companies whose shares are actively trading in the after-hours session are MBIA Inc. (MBI), Priceline.com Inc. (PCLN) and Lions Gate Entertainment Corp. (LGF).
US HOT STOCKS: Priceline, MBIA, Beazer Homes, AIG, Fossil
Wall Street Journal, The | 13 days 2 hours 49 minutes ago
U.S. stocks were mixed Tuesday as the Dow Jones Industrial Average rose 7 points to 10234, the S&P 500 lost 1 point to 1092 and the Nasdaq Composite fell 5 points to 2149. Among the companies whose shares are actively trading in the session are Priceline.com Inc. (PCLN), MBIA Inc. (MBI) and Beazer Homes USA Inc. (BZH).
UPDATE 1-MBIA reports lower third-quarter loss
Reuters | 13 days 22 hours 44 minutes ago
NEW YORK, Nov 9 (Reuters) - Bond insurer MBIA Inc (MBI.N) reported a lower third-quarter loss on Monday, as a benefit from narrowing credit spreads helped to offset writedowns on mortgage bonds it insured.
MBIA Posts 3Q Loss on Insurance, Investment Losses
ABC News | 13 days 22 hours 51 minutes ago
MBIA breaks streak of back-to-back quarterly profits with 3rd-quarter loss
NOVEMBER 10, 2009, 12:00 P.M. ET MBIA Reports Narrower Loss
Barron's (subscription required) | 13 days 3 hours 25 minutes ago
MBIA Inc.'s third-quarter loss narrowed slightly as losses in the insurance business were greater than expected and the housing downturn continued to cause asset losses.
Priceline shares jump after results; MBIA sinks
Investor's Business Daily | 13 days 21 hours 35 minutes ago
LOS ANGELES (MarketWatch) -- Investors lit up shares of Priceline.com Inc. Monday evening after the online travel-services provider posted quarterly results as well as an earnings forecast that surpassed Wall Street's projections. But MBIA Inc. shares tumbled after the bond insurer posted a quarterly loss of more than $700 million.
Stocks decline on MBIA, Fluor earnings as dollar gains
Los Angeles Times | 13 days 5 hours 40 minutes ago
U.S. stocks fell, snapping a six-day rally for the Standard & Poor's 500 Index, after MBIA Inc.
MarketWatch - Stock Market Quotes, Business News, Financial News
MarketWatch | 13 days 4 hours 18 minutes ago
Carriers decline as oil prices surpass $80
Stocks on the move: Home Depot, MBIA, Playboy, Tween Brands
Oakland Tribune (Calif.), The | 6 days 2 hours 38 minutes ago
By Lu Wang BLOOMBERG NEWS Shares of the following companies are having unusual moves in U.S. trading this morning.
EA expected to swing to profit in evening session
Investor's Business Daily | 14 days 32 minutes ago
Results due from Electronic Arts, MBIA, Priceline.com
Oracle plans to oppose E.U. stance on Sun merger - MarketWatch
MarketWatch | 13 days 22 hours 21 minutes ago
Kraft seeks more shares for Cadbury bid
Australia shares bound higher in early trade - MarketWatch
MarketWatch | 13 days 21 hours 24 minutes ago
Stocks in focus for Tuesday
Wednesday's biggest gaining and declining stocks
Investor's Business Daily | 5 days 4 hours 26 minutes ago
NEW YORK (MarketWatch) -- Shares of the following companies were among those making notable moves in the U.S. stock market early Wednesday:
Ambac Financial Group, Inc. Announces Third Quarter Net Income of $2,188.3 Million [Press Release]
Business Wire | 19 days 7 hours 39 minutes ago
Ambac Financial Group, Inc. (NYSE: ABK) (Ambac) today announced third quarter 2009 net income of $2,188.3 million, or net income of $7.58 per diluted share. This compares to third quarter 2008 net loss of $2,431.2 million, or net loss of $8.45 on a per share basis. The third quarter 2009 results reflect significant unrealized mark-to-market gains in the credit derivatives portfolio and gains resulting from reinsurance cancellations during the quarter. In 2008, Ambac’s third quarter results re...
Stocks in focus for Monday
Investor's Business Daily | 14 days 23 hours 56 minutes ago
SAN FRANCISCO (MarketWatch) -- Among the shares expected to see active trade in Monday's session are those of major managed care companies such as Wellpoint Inc. and Humana Inc., as well as Electronic Arts, Fluor, McDermott, and MBIA.
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 |