MBIA Inc.
News and overview for MBIA Inc.
U.S. stocks shift lower as MBIA Inc. weighs - MarketWatch
MarketWatch | 13 days 8 hours 4 minutes ago
BREAKINGJ.P. Morgan Chase to hire 1,200 loan officers
MBIA weighs on sector; AIG sees repayment - MarketWatch
MarketWatch | 13 days 7 hours 35 minutes ago
The troubled insurance giant should be able to repay the federal government's senior secured loan and most or all of its preferred stock ownership if global financial markets continue to firm up. See full story.
MBIA loses $728 million, hitting after-hours stock - MarketWatch
MarketWatch | 14 days 2 hours 37 minutes ago
MBIA shares fell 14% to $4.10 in after-hours trading.
MBIA reports quarterly net loss of $727.8 mln - MarketWatch
MarketWatch | 14 days 2 hours 37 minutes ago
MBI
Insurance losses lead to 3Q loss at MBIA
Yahoo! | 13 days 23 hours 29 minutes ago
NEW YORK – MBIA Inc. said Monday that it incurred heavier losses in its insurance business than expected, saddling the bond insurer with a third-quarter loss after two straight quarters of profits.
MBIA posts 3Q loss on insurance, investment losses
Richmond Times-Dispatch (Va.) | 14 days 1 hour 40 minutes ago
NEW YORK (AP) -- MBIA Inc. said Monday that it incurred heavier losses in its insurance business than expected, saddling the bond insurer with a third quarter loss after two straight quarters of profits.
MBIA breaks streak of back-to-back quarterly profits with 3rd-quarter loss
Los Angeles Times | 14 days 1 hour 42 minutes ago
NEW YORK (AP) — MBIA Inc. said Monday that it incurred heavier losses in its insurance business than expected, saddling the bond insurer with a third quarter loss after two straight quarters of profits.
MBIA, Beazer, AIG, Electronic Arts are big movers
Boston Globe, The | 12 days 23 hours 54 minutes ago
NEW YORKThe following stocks were among those that moved substantially or traded heavily Tuesday on the New York Stock Exchange: NYSE: MBIA Inc., down $1.28 at $3.52 Heavy losses in mortgage-related securities and derivatives, alongside lower insurance premiums, drove the bond insurer to a third-quarter loss.
MBIA breaks streak of back-to-back quarterly profits with 3rd-quarter loss -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 14 days 1 hour 17 minutes ago
NEW YORK (AP) — MBIA Inc. said Monday that it incurred heavier losses in its insurance business than expected, saddling the bond insurer with a third quarter loss after two straight quarters of profits.
Stocks in focus for Tuesday - MarketWatch
MarketWatch | 14 days 26 minutes ago
At first glance, Cisco's plans for a $5 billion debt offering might seem curious. After all, the networking giant reported just last week that it had cash and equivalents of about $35 billion.
Stocks in focus for Monday - MarketWatch
MarketWatch | 16 days 23 hours 43 minutes ago
Electronic Arts /quotes/comstock/15*!erts/quotes/nls/erts (ERTS 19.00, +0.84, +4.63%) is expected to post second-quarter earnings of 8 cents a share.
EA expected to swing to profit in evening session - MarketWatch
MarketWatch | 14 days 4 hours 49 minutes ago
LOS ANGELES (MarketWatch) -- Electronic Arts Inc. is expected to swing to a quarterly profit when the video-game publisher posts results Monday evening and bond insurer MBIA Inc. is expected to report a narrower loss from the year-ago period.
U.S. stocks edge higher with consumer shares - MarketWatch
MarketWatch | 13 days 8 hours 33 minutes ago
The Dow Jones Industrial Average /quotes/comstock/10w!i:dji/delayed (INDU 10,246, +19.12, +0.19%) was up 22 points, or 0.3%, to 10,249 in recent trading.
Financial action could spill into late session - MarketWatch
MarketWatch | 13 days 3 hours 27 minutes ago
Unease over tighter regulations also weighed on the sector after Senate Banking Chairman Chris Dodd, D-Conn., unveiled a package of bank-reform measures that would create a consolidated bank regulator and limit the fallout of a collapsing bank deemed "too big to fail." See story on Dodd's financial-oversight legislation.
Financials rise, besting broader market - MarketWatch
MarketWatch | 5 days 9 hours 25 minutes ago
Drug stocks mixed; Vivus jumps on study
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 |