MBIA Inc (MBI) 7.51 $MBI
MBIA Inc. Announces New Share Repurchase Authorization
Business Wire - Wed Oct 28, 3:19PM CDT
MBIA Inc. (NYSE:MBI) (the Company) today announced that the Company's Board of Directors has authorized the repurchase by the Company or its subsidiaries of up to $100 million of its outstanding shares under a new share repurchase authorization. The Company's prior authorization, which was announced on July 29, 2015, has been fully expended. Repurchases by the Company or its subsidiaries under the new repurchase program will be subject to available liquidity, general market and economic conditions, alternate uses for its capital and other factors. Acquisitions in the repurchase program may be made from time to time in open market transactions, block trades or in private transactions in accordance with applicable securities laws and regulations and other legal requirements. There is no minimum number of shares that the Company is required to repurchase and the repurchase program may be suspended or discontinued at any time without prior notice.
MBI: 7.51 (-0.07)
MBIA Inc. Investor Conference Call to Discuss Third Quarter 2015 Financial Results Scheduled for Thursday, November 5 at 8:00 A.M. Eastern Time
Business Wire - Wed Oct 28, 12:21PM CDT
MBIA Inc. (NYSE:MBI) will host a webcast and conference call for investors on Thursday, November 5 at 8:00 a.m. (EST) to discuss its third quarter 2015 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 62732455.
MBI: 7.51 (-0.07)
Morning Analysis on Property and Casualty Insurance Equities -- American Intl. Group, MBIA Inc., Loews, HCC Insurance Holdings, and Old Republic Intl.
PR Newswire - Tue Sep 29, 7:06AM CDT
Equity Research Institute has initiated coverage on the following equities: American International Group Inc. (NYSE: AIG), MBIA Inc. (NYSE: MBI), Loews Corporation (NYSE: L), HCC Insurance Holdings Inc. (NYSE: HCC), and Old Republic International Corporation (NYSE: ORI). Free research report on American Intl. Group can be accessed at https://www.erionline.net/AIG.pdf On Monday, September 28, 2015, the NASDAQ Composite ended at 4,543.97, down 3.04%, the Dow Jones Industrial Average declined 1.92%, to finish the day at 16,001.89, and the S&P 500 closed at 1,881.77, down 2.57%. The losses were broad based as all the sectors ended the session in negative. Register for your complimentary reports at the links given below.
MBI: 7.51 (-0.07), L: 36.46 (-0.34), AIG: 63.06 (-0.43), ORI: 18.04 (-0.05), HCC: 77.93 (-0.06)
Look for Shares of MBIA to Potentially Pullback after Yesterday's 13.61% Rise
Comtex SmarTrend(R) - Wed Sep 02, 4:22PM CDT
MBIA (NYSE:MBI) traded in a range yesterday that spanned from a low of $6.97 to a high of $7.75. Yesterday, the shares gained 13.6%, which took the trading range above the 3-day high of $7.09 on volume of 7.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
MBI: 7.51 (-0.07)
Why Shares of MBIA Inc Jumped Nearly 15%
Jordan Wathen, The Motley Fool - Motley Fool - Wed Sep 02, 2:28PM CDT
What: Shares of MBIA Inc traded higher by nearly 15% after the market open and are now higher by about 12%. So what: MBIA is getting a bid today thanks to an agreement between Puerto Rico's Electric Power Authority and some of its...
MBI: 7.51 (-0.07)
MBIA (MBI) Stock Gains on PREPA Debt Restructuring
at The Street - Wed Sep 02, 11:37AM CDT
MBIA (MBI) shares are higher following reports that Puerto Rico's Electric Power Authority (PREPA) reached an agreement with some bondholders to restructure its $8.3 billion debt.
MBI: 7.51 (-0.07)
MBIA Has Returned 19.9% Since SmarTrend Recommendation (MBI)
Comtex SmarTrend(R) - Tue Sep 01, 4:56PM CDT
SmarTrend identified a Downtrend for MBIA (NYSE:MBI) on June 26th, 2015 at $8.44. In approximately 2 months, MBIA has returned 19.91% as of today's recent price of $6.76.
MBI: 7.51 (-0.07)
October 9th Options Now Available For MBIA
DividendChannel.com - Thu Aug 27, 11:11AM CDT
Investors in MBIA Inc. saw new options become available today, for the October 9th expiration.
MBI: 7.51 (-0.07)
Downtrend Call Working As MBIA Stock Falls 24.8% (MBI)
Comtex SmarTrend(R) - Tue Aug 25, 11:19AM CDT
SmarTrend identified a Downtrend for MBIA (NYSE:MBI) on June 26th, 2015 at $8.44. In approximately 2 months, MBIA has returned 24.76% as of today's recent price of $6.35.
MBI: 7.51 (-0.07)
Keith D.. Curry of MBIA Inc. (MBI)-NYSE bought Shares of MBI
M2 - Tue Aug 25, 8:25AM CDT
Reported by InsiderCow.com at 2015-08-24 11:52:13 ET
MBI: 7.51 (-0.07)
20.5% Return Seen to Date on SmarTrend MBIA Call (MBI)
Comtex SmarTrend(R) - Tue Aug 18, 10:02AM CDT
SmarTrend identified a Downtrend for MBIA (NYSE:MBI) on June 26th, 2015 at $8.44. In approximately 2 months, MBIA has returned 20.50% as of today's recent price of $6.71.
MBI: 7.51 (-0.07)
Puerto Rico's PRASA Lacks Bond Insurance in New $750M Debt Raise
at The Street - Fri Aug 14, 9:26AM CDT
The water and sewer authority hopes to avoid a debt restructuring through initiatives such as offering $750 million in new bonds, but sources understand that bond insurers haven't signed on.
MBI: 7.51 (-0.07), AGO: 27.44 (+0.20), AMBC: 16.15 (-0.29)
MBIA Inc. Announces Repurchase of 7.6 Million Shares of Its Common Stock
Business Wire - Thu Aug 13, 8:19AM CDT
MBIA Inc. (NYSE:MBI) (the Company) today announced that it has agreed to repurchase 7.6 million of its common shares in connection with the sale by investment funds affiliated with Warburg Pincus LLC of their remaining 18.4 million shares of the Company. The repurchase transaction, together with open market share repurchases, will bring the total number of shares repurchased since the Company reported its second quarter financial results on August 4, 2015 to approximately 10.4 million shares at an average price of $6.42. Following the completion of the repurchase transaction, 158 million of the Company's common shares will be outstanding and approximately $33 million of authorized capacity will remain under the share repurchase program announced by the Company on July 29, 2015.
MBI: 7.51 (-0.07)
MBIA Down 19.0% Since SmarTrend Downtrend Call (MBI)
Comtex SmarTrend(R) - Tue Aug 11, 9:22AM CDT
SmarTrend identified a Downtrend for MBIA (NYSE:MBI) on June 26th, 2015 at $8.44. In approximately 2 months, MBIA has returned 18.96% as of today's recent price of $6.84.
MBI: 7.51 (-0.07)
Insurance Stocks to Watch as Puerto Rico Defaults - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Aug 04, 5:00PM CDT
Unable to repay its huge debt, Puerto Rico has defaulted.
MBI: 7.51 (-0.07), AGO: 27.44 (+0.20), AMBC: 16.15 (-0.29)
MBIA Inc. Reports Second Quarter 2015 Financial Results
Business Wire - Tue Aug 04, 3:05PM CDT
MBIA Inc. (NYSE: MBI) (the Company) today reported Combined Operating Income (a non-GAAP measure defined in the attached Explanation of Non-GAAP Financial Measures) of $19 million or $0.11 per diluted share for the second quarter of 2015 compared with Combined Operating Income of $2 million or $0.01 per diluted share for the second quarter of 2014. The improvement in Combined Operating Income for the three months ended June 30, 2015 compared with the same period of 2014 was driven primarily by a lower tax provision, as the 2014 quarter had a higher effective tax rate due to a tax reserve increase. In addition, higher refunding premiums earned and lower expenses, including a 53 percent reduction of loss and loss adjustment expenses, contributed to the improved 2015 results. The Company's share repurchases further contributed to the increase in Combined Operating Income per share.
MBI: 7.51 (-0.07)
Downtrend Call Working As MBIA Stock Falls 30.9% (MBI)
Comtex SmarTrend(R) - Mon Aug 03, 4:50PM CDT
SmarTrend identified a Downtrend for MBIA (NYSE:MBI) on June 26th, 2015 at $8.44. In approximately 1 month, MBIA has returned 30.92% as of today's recent price of $5.83.
MBI: 7.51 (-0.07)
Keith D. Curry Elected to MBIA Inc.'s Board of Directors
Business Wire - Thu Jul 30, 12:33PM CDT
MBIA Inc. (NYSE:MBI) (the Company) today announced that Keith D. Curry (60) was elected to the Company's Board of Directors in accordance with the board's power under MBIA Inc.'s by-laws to fill interim vacancies. Since February of 2006, Mr. Curry has been a city council member in Newport Beach, California where he served as mayor in 2010 and 2013.
MBI: 7.51 (-0.07)
MBIA Inc. Announces New Share Repurchase Program and Termination of Existing Repurchase Program
Business Wire - Wed Jul 29, 7:32AM CDT
MBIA Inc. (NYSE:MBI) (the Company) today announced that the Company's Board of Directors has authorized the repurchase by the Company or its subsidiaries of up to $100 million of its outstanding shares under a new share repurchase authorization, which supersedes and terminates the prior authorization. The prior authorization had approximately $61 million of unused capacity at the time it was terminated. Repurchases by the Company or its subsidiaries will be subject to available liquidity, general market and economic conditions, alternate uses for the capital and other factors. Acquisitions in the repurchase program may be made from time to time in open market transactions, block trades or in private transactions in accordance with applicable securities laws and regulations and other legal requirements. There is no minimum number of shares that the Company is required to repurchase and the repurchase program may be suspended or discontinued at any time without prior notice.
MBI: 7.51 (-0.07)
MBIA Inc. Investor Conference Call to Discuss Second Quarter 2015 Financial Results Scheduled for Wednesday, August 5 at 8:00 A.M. Eastern Time
Business Wire - Mon Jul 27, 1:15PM CDT
MBIA Inc. (NYSE:MBI) will host a webcast and conference call for investors on Wednesday, August 5 at 8:00 a.m. (EDT) to discuss its second quarter 2015 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 83467094.
MBI: 7.51 (-0.07)
MBIA Inc. Announces New Share Repurchase Authorization
Business Wire - Wed Oct 28, 3:19PM CDT
MBIA Inc. (NYSE:MBI) (the Company) today announced that the Company's Board of Directors has authorized the repurchase by the Company or its subsidiaries of up to $100 million of its outstanding shares under a new share repurchase authorization. The Company's prior authorization, which was announced on July 29, 2015, has been fully expended. Repurchases by the Company or its subsidiaries under the new repurchase program will be subject to available liquidity, general market and economic conditions, alternate uses for its capital and other factors. Acquisitions in the repurchase program may be made from time to time in open market transactions, block trades or in private transactions in accordance with applicable securities laws and regulations and other legal requirements. There is no minimum number of shares that the Company is required to repurchase and the repurchase program may be suspended or discontinued at any time without prior notice.
MBI: 7.51 (-0.07)
MBIA Inc. Investor Conference Call to Discuss Third Quarter 2015 Financial Results Scheduled for Thursday, November 5 at 8:00 A.M. Eastern Time
Business Wire - Wed Oct 28, 12:21PM CDT
MBIA Inc. (NYSE:MBI) will host a webcast and conference call for investors on Thursday, November 5 at 8:00 a.m. (EST) to discuss its third quarter 2015 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 62732455.
MBI: 7.51 (-0.07)
Morning Analysis on Property and Casualty Insurance Equities -- American Intl. Group, MBIA Inc., Loews, HCC Insurance Holdings, and Old Republic Intl.
PR Newswire - Tue Sep 29, 7:06AM CDT
Equity Research Institute has initiated coverage on the following equities: American International Group Inc. (NYSE: AIG), MBIA Inc. (NYSE: MBI), Loews Corporation (NYSE: L), HCC Insurance Holdings Inc. (NYSE: HCC), and Old Republic International Corporation (NYSE: ORI). Free research report on American Intl. Group can be accessed at https://www.erionline.net/AIG.pdf On Monday, September 28, 2015, the NASDAQ Composite ended at 4,543.97, down 3.04%, the Dow Jones Industrial Average declined 1.92%, to finish the day at 16,001.89, and the S&P 500 closed at 1,881.77, down 2.57%. The losses were broad based as all the sectors ended the session in negative. Register for your complimentary reports at the links given below.
MBI: 7.51 (-0.07), L: 36.46 (-0.34), AIG: 63.06 (-0.43), ORI: 18.04 (-0.05), HCC: 77.93 (-0.06)
Look for Shares of MBIA to Potentially Pullback after Yesterday's 13.61% Rise
Comtex SmarTrend(R) - Wed Sep 02, 4:22PM CDT
MBIA (NYSE:MBI) traded in a range yesterday that spanned from a low of $6.97 to a high of $7.75. Yesterday, the shares gained 13.6%, which took the trading range above the 3-day high of $7.09 on volume of 7.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
MBI: 7.51 (-0.07)
Why Shares of MBIA Inc Jumped Nearly 15%
Jordan Wathen, The Motley Fool - Motley Fool - Wed Sep 02, 2:28PM CDT
What: Shares of MBIA Inc traded higher by nearly 15% after the market open and are now higher by about 12%. So what: MBIA is getting a bid today thanks to an agreement between Puerto Rico's Electric Power Authority and some of its...
MBI: 7.51 (-0.07)
MBIA (MBI) Stock Gains on PREPA Debt Restructuring
at The Street - Wed Sep 02, 11:37AM CDT
MBIA (MBI) shares are higher following reports that Puerto Rico's Electric Power Authority (PREPA) reached an agreement with some bondholders to restructure its $8.3 billion debt.
MBI: 7.51 (-0.07)
MBIA Has Returned 19.9% Since SmarTrend Recommendation (MBI)
Comtex SmarTrend(R) - Tue Sep 01, 4:56PM CDT
SmarTrend identified a Downtrend for MBIA (NYSE:MBI) on June 26th, 2015 at $8.44. In approximately 2 months, MBIA has returned 19.91% as of today's recent price of $6.76.
MBI: 7.51 (-0.07)
October 9th Options Now Available For MBIA
DividendChannel.com - Thu Aug 27, 11:11AM CDT
Investors in MBIA Inc. saw new options become available today, for the October 9th expiration.
MBI: 7.51 (-0.07)
Downtrend Call Working As MBIA Stock Falls 24.8% (MBI)
Comtex SmarTrend(R) - Tue Aug 25, 11:19AM CDT
SmarTrend identified a Downtrend for MBIA (NYSE:MBI) on June 26th, 2015 at $8.44. In approximately 2 months, MBIA has returned 24.76% as of today's recent price of $6.35.
MBI: 7.51 (-0.07)
Keith D.. Curry of MBIA Inc. (MBI)-NYSE bought Shares of MBI
M2 - Tue Aug 25, 8:25AM CDT
Reported by InsiderCow.com at 2015-08-24 11:52:13 ET
MBI: 7.51 (-0.07)
20.5% Return Seen to Date on SmarTrend MBIA Call (MBI)
Comtex SmarTrend(R) - Tue Aug 18, 10:02AM CDT
SmarTrend identified a Downtrend for MBIA (NYSE:MBI) on June 26th, 2015 at $8.44. In approximately 2 months, MBIA has returned 20.50% as of today's recent price of $6.71.
MBI: 7.51 (-0.07)
Puerto Rico's PRASA Lacks Bond Insurance in New $750M Debt Raise
at The Street - Fri Aug 14, 9:26AM CDT
The water and sewer authority hopes to avoid a debt restructuring through initiatives such as offering $750 million in new bonds, but sources understand that bond insurers haven't signed on.
MBI: 7.51 (-0.07), AGO: 27.44 (+0.20), AMBC: 16.15 (-0.29)
MBIA Inc. Announces Repurchase of 7.6 Million Shares of Its Common Stock
Business Wire - Thu Aug 13, 8:19AM CDT
MBIA Inc. (NYSE:MBI) (the Company) today announced that it has agreed to repurchase 7.6 million of its common shares in connection with the sale by investment funds affiliated with Warburg Pincus LLC of their remaining 18.4 million shares of the Company. The repurchase transaction, together with open market share repurchases, will bring the total number of shares repurchased since the Company reported its second quarter financial results on August 4, 2015 to approximately 10.4 million shares at an average price of $6.42. Following the completion of the repurchase transaction, 158 million of the Company's common shares will be outstanding and approximately $33 million of authorized capacity will remain under the share repurchase program announced by the Company on July 29, 2015.
MBI: 7.51 (-0.07)
MBIA Down 19.0% Since SmarTrend Downtrend Call (MBI)
Comtex SmarTrend(R) - Tue Aug 11, 9:22AM CDT
SmarTrend identified a Downtrend for MBIA (NYSE:MBI) on June 26th, 2015 at $8.44. In approximately 2 months, MBIA has returned 18.96% as of today's recent price of $6.84.
MBI: 7.51 (-0.07)
Insurance Stocks to Watch as Puerto Rico Defaults - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Aug 04, 5:00PM CDT
Unable to repay its huge debt, Puerto Rico has defaulted.
MBI: 7.51 (-0.07), AGO: 27.44 (+0.20), AMBC: 16.15 (-0.29)
MBIA Inc. Reports Second Quarter 2015 Financial Results
Business Wire - Tue Aug 04, 3:05PM CDT
MBIA Inc. (NYSE: MBI) (the Company) today reported Combined Operating Income (a non-GAAP measure defined in the attached Explanation of Non-GAAP Financial Measures) of $19 million or $0.11 per diluted share for the second quarter of 2015 compared with Combined Operating Income of $2 million or $0.01 per diluted share for the second quarter of 2014. The improvement in Combined Operating Income for the three months ended June 30, 2015 compared with the same period of 2014 was driven primarily by a lower tax provision, as the 2014 quarter had a higher effective tax rate due to a tax reserve increase. In addition, higher refunding premiums earned and lower expenses, including a 53 percent reduction of loss and loss adjustment expenses, contributed to the improved 2015 results. The Company's share repurchases further contributed to the increase in Combined Operating Income per share.
MBI: 7.51 (-0.07)
Downtrend Call Working As MBIA Stock Falls 30.9% (MBI)
Comtex SmarTrend(R) - Mon Aug 03, 4:50PM CDT
SmarTrend identified a Downtrend for MBIA (NYSE:MBI) on June 26th, 2015 at $8.44. In approximately 1 month, MBIA has returned 30.92% as of today's recent price of $5.83.
MBI: 7.51 (-0.07)
Keith D. Curry Elected to MBIA Inc.'s Board of Directors
Business Wire - Thu Jul 30, 12:33PM CDT
MBIA Inc. (NYSE:MBI) (the Company) today announced that Keith D. Curry (60) was elected to the Company's Board of Directors in accordance with the board's power under MBIA Inc.'s by-laws to fill interim vacancies. Since February of 2006, Mr. Curry has been a city council member in Newport Beach, California where he served as mayor in 2010 and 2013.
MBI: 7.51 (-0.07)
MBIA Inc. Announces New Share Repurchase Program and Termination of Existing Repurchase Program
Business Wire - Wed Jul 29, 7:32AM CDT
MBIA Inc. (NYSE:MBI) (the Company) today announced that the Company's Board of Directors has authorized the repurchase by the Company or its subsidiaries of up to $100 million of its outstanding shares under a new share repurchase authorization, which supersedes and terminates the prior authorization. The prior authorization had approximately $61 million of unused capacity at the time it was terminated. Repurchases by the Company or its subsidiaries will be subject to available liquidity, general market and economic conditions, alternate uses for the capital and other factors. Acquisitions in the repurchase program may be made from time to time in open market transactions, block trades or in private transactions in accordance with applicable securities laws and regulations and other legal requirements. There is no minimum number of shares that the Company is required to repurchase and the repurchase program may be suspended or discontinued at any time without prior notice.
MBI: 7.51 (-0.07)
MBIA Inc. Investor Conference Call to Discuss Second Quarter 2015 Financial Results Scheduled for Wednesday, August 5 at 8:00 A.M. Eastern Time
Business Wire - Mon Jul 27, 1:15PM CDT
MBIA Inc. (NYSE:MBI) will host a webcast and conference call for investors on Wednesday, August 5 at 8:00 a.m. (EDT) to discuss its second quarter 2015 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 83467094.
MBI: 7.51 (-0.07)
