MBIA Inc.

News and overview for MBIA Inc.

AllianceBernstein National Municipal Income Fund Releases Monthly Portfolio Update [Press Release]
PRNewswire | 1 minute ago
...hare Intl 2.08% Arpt) MBIA Series A 5.375%, 1...1.99% Health Care, Inc.) MBIA Series 02A 5.25%, 5...Dorm 1.43% 25th Ave) MBIA Series 02 5.25%, 6...Busch 1.34% Companies, Inc.) Series 02 5.90...


MBIA Inc. Provides Financial Update for First Nine Months of 2009 [Press Release]
Business Wire | 14 days 1 hour 57 minutes ago
MBIA Inc. (NYSE: MBI) today reported Adjusted Book Value (ABV) per share (a non-GAAP measure) of $39.05 as of September 30, 2009, compared with $40.06 as of December 31, 2008. ABV declined slightly over the first nine months of 2009 as increased credit impairments on insured credit derivatives, other-than-temporary impairments of invested assets and insurance incurred losses outpaced earnings from premiums and investment income.


MBIA Inc. Investor Conference Call to Discuss Third Quarter 2009 Financial Results Scheduled for Tuesday, November 10, at 8:00 A.M. Eastern Time [Press Release]
Business Wire | 21 days 3 hours 31 minutes ago
MBIA Inc. (NYSE: MBI) will host a webcast and conference call for investors on Tuesday, November 10, at 8:00 a.m. (EST) to discuss its third quarter 2009 financial results and other issues related to the Company. The dial-in number for the call is (877) 694-4769 in the U.S. and (404) 665-9935 from outside the U.S. The conference call code is 33556043.


Stull, Stull & Brody Announces Investigation on Behalf of Participants and Beneficiaries of the MBIA Inc. 401(k) Plan [Press Release]
Business Wire | 7 days 4 hours 50 minutes ago
Attorney Advertising. Stull, Stull & Brody announced today that it has commenced an investigation relating to the 401(k) defined contribution retirement plans of MBIA Inc. ("MBIA" or the "Company") (NYSE: MBI). Among other things, Stull, Stull & Brody is investigating whether fiduciaries of the MBIA 401(k) plan may have violated the Employee Retirement Income Security Act of 1974 ("ERISA") by failing to disclose the Company`s true operating condition to participants and beneficiaries of the p...


Law Office of Brodsky & Smith, LLC Announces Investigation on Behalf of Participants in the MBIA, Inc. 401(k) Plan [Press Release]
Business Wire | 6 days 2 hours 35 minutes ago
Law office of Brodsky & Smith, LLC announces that it is investigating MBIA, Inc. (“MBIA” or the “Company”) (NYSE: MBI) investment of Plan participants and beneficiaries assets in company stock. The investigation concerns whether administrators breached their fiduciary duties and violated the Employee Retirement Income Security Act of 1974 (“ERISA”) by investing assets in company stock when it was not a prudent investment for participants’ retirement savings.


MZF Announces Annual Shareholder Meeting and Appointment of New Trustee [Press Release]
Business Wire | 24 days 32 minutes ago
(NYSE:MZF) - MBIA Capital/Claymore Managed Duration Investment Grade Municipal Fund, a closed-end management investment company, announces that its annual shareholder meeting will be held at the offices of Claymore Securities (2455 Corporate West Drive, Lisle, IL 60532) on January 29, 2010 at 10:00 AM, Central Time.


Barroway Topaz Kessler Meltzer & Check, LLP Announces ERISA Investigation of MBIA, Inc. on Behalf of MBIA, Inc. 401(k) Plan Participants [Press Release]
PRNewswire | 67 days 57 minutes ago
...Check, LLP Announces ERISA Investigation of MBIA, Inc. on Behalf of MBIA, Inc. 401(k) Plan Participants PRNewswire RADNOR...has commenced an investigation relating to MBIA, Inc. ("MBIA" or the "Company") and potential...


NYPPEX Report: Net Liquidity for Capital Calls Varies Widely Among Insurance Companies [Press Release]
Business Wire | 3 days 23 hours 42 minutes ago
NYPPEX, a leading global secondary private market advisory, trading and research firm for illiquid assets released to customers its report Net Liquidity for Capital Calls Varies Widely Among Insurance Companies (the “Report”).


Alliance California Municipal Income Fund Releases Monthly Portfolio Update [Press Release]
PRNewswire | 1 minute ago
...California Municipal Income Fund, Inc. (the "Fund") today released...California Municipal Income Fund, Inc. Top 10 Fixed-Income Holdings...Portfolio% 1) Los Angeles CA USD GO MBIA Series 02E 5.125%, 5.54...Los Angeles CA Dept W&P Pwr MBIA-RE Series 5.04% 01A 5...


BLUE PLANET FINANCIALS GROWTH AND INCOME INVESTMENT TRUST NO.1 PLC - Half-yearly Report [Press Release]
PRNewswire | 4 days 6 hours 25 minutes ago
REGULATORY ANNOUNCEMENT


BLUE PLANET FINANCIALS GROWTH AND INCOME INVESTMENT TRUSTS NOS 1-10 - Half-yearly Report [Press Release]
PRNewswire | 4 days 6 hours 22 minutes ago
REGULATORY ANNOUNCEMENT


Critical Alerts for Intel, JC Penney, KBR, SL Green Realty, and MBIA Released by Seven Summits Research [Press Release]
PRNewswire | 69 days 9 hours 25 minutes ago
...s PriceWatch Alerts cover the following stocks: Intel Corporation , J. C. Penney Company, Inc. , KBR, Inc. , SL Green Realty Corp. , and MBIA Inc. . In today's unsure markets these brief PriceWatch Alerts contain concise detailed strategies...


Ambac Financial Group, Inc. Announces Third Quarter Net Income of $2,188.3 Million [Press Release]
Business Wire | 19 days 9 hours 29 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...


Alliance New York Municipal Income Fund Releases Monthly Portfolio Update [Press Release]
PRNewswire | 1 minute ago
...Alliance New York Municipal Income Fund, Inc. (the "Fund") today released its monthly...Alliance New York Municipal Income Fund, Inc. Top 10 Fixed-Income Holdings Portfolio...Dormitory Auth (Maimonides Med 4.64% Ctr) MBIA Series 04 5.75%, 8/01/29 6)New...


Claymore Closed-End Fund Distributions November 2009 [Press Release]
Business Wire | 21 days 7 hours 37 minutes ago
Claymore Securities, Inc. and its affiliate Claymore Advisors, LLC (“Claymore”) are announcing that certain closed-end funds have declared their monthly or quarterly distributions. The table below summarizes the distribution schedule for each closed-end fund.





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21 Results

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