Stock Updates on Property & Casualty Insurance - XL Group, Radian Group, The Hartford Financial Services Group, and MBIA Inc.
PR Newswire - Thu Jun 23, 7:25AM CDT
On Wednesday, June 22, 2016, the NASDAQ Composite ended the trading session at 4,833.32, down 0.22%; the Dow Jones Industrial Average edged 0.27% lower to finish at 17,780.83; and the S&P 500 closed at 2,085.45, down 0.17%. Stock-Callers.com has initiated coverage on the following equities: XL Group PLC (NYSE: XL), Radian Group Inc. (NYSE: RDN), The Hartford Financial Services Group Inc. (NYSE: HIG), and MBIA Inc. (NYSE: MBI). Learn more about these stocks by accessing their free trade alerts at:
MBI: 8.07 (-0.18), RDN: 12.52 (-0.21), HIG: 40.12 (+0.11), XL: 33.80 (-0.28)
Short Interest Declines 10.4% For MBI
MarketNewsVideo.com - Fri Jun 10, 12:41PM CDT
The most recent short interest data has been released for the 05/31/2016 settlement date, which shows a 1,640,610 share decrease in total short interest for MBIA Inc. , to 14,189,240, a decrease of 10.36% since 05/13/2016.
MBI: 8.07 (-0.18)
MBIA Inc. Reports First Quarter 2016 Financial Results
BusinessWire - Mon May 09, 3:15PM 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 $16 million for the three months ended March 31, 2016 compared with Combined Operating Income of $34 million in the same period of 2015. The decline in Combined Operating Income for the three months ended March 31, 2016 was primarily the result of a decrease in net premiums earned and an increase in losses and loss adjustment expenses (LAE).
MBI: 8.07 (-0.18)
Kitchology Named Finalist in 15th Annual Maryland Incubator Company of the Year (ICOY)
PR Newswire - Wed Apr 27, 3:38PM CDT
Since 2001, the ICOY Awards have honored over 100 new and early-stage companies for their achievements. Award Recipients have been selected from the biotechnology, computer technology, and pharmaceutical industries. In addition to the founders, the Maryland Department of Business and Economic Development (DBED) and the Maryland Business Incubation Association (MBIA) are strong supporters of the event.
MBI: 8.07 (-0.18)
21.3% Return Seen to Date on SmarTrend MBIA Call (MBI)
Comtex SmarTrend(R) - Tue Apr 05, 12:59PM CDT
SmarTrend identified an Uptrend for MBIA (NYSE:MBI) on December 24th, 2015 at $6.78. In approximately 3 months, MBIA has returned 21.33% as of today's recent price of $8.22.
MBI: 8.07 (-0.18)
Uptrend Call Working As MBIA Stock Rises 35.6% (MBI)
Comtex SmarTrend(R) - Tue Mar 22, 1:13AM CDT
SmarTrend identified an Uptrend for MBIA (NYSE:MBI) on December 24th, 2015 at $6.78. In approximately 3 months, MBIA has returned 35.65% as of today's recent price of $9.19.
MBI: 8.07 (-0.18)
Property & Casualty Insurance Technical Data -- XL Group, MBIA Inc., The Travelers Cos., and Old Republic Intl.
ACCESSWIRE - Tue Feb 02, 7:04AM CST
NEW YORK, NY / ACCESSWIRE / February 02, 2016 / Park Lane Advisor has initiated coverage on the following equities: XL Group PLC (NYSE: XL), MBIA Inc. (NYSE: MBI), The Travelers Companies Inc. (NYSE: TRV), and Old Republic International Corporation (NYSE: ORI). Free research report on XL Group can be accessed at http://www.parklaneadvisor.com/ On Monday, February 01, 2016, the NASDAQ Composite ended at 4,620.37, up 0.14%, the Dow Jones Industrial Average edged 0.10% lower, to finish the day at 16,449.18, and the S&P 500 closed at 1,939.38, down 0.04%. The gains were broad based as five out of nine sectors ended the session in positive. Register for your complimentary reports at the links given below.
MBI: 8.07 (-0.18), ORI: 19.28 (+0.01), XL: 33.80 (-0.28), TRV: 117.03 (+0.22)
MBIA Rises 8.17% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Thu Dec 24, 4:56PM CST
MBIA (NYSE:MBI) traded in a range yesterday that spanned from a low of $6.50 to a high of $7.05. Yesterday, the shares gained 8.2%, which took the trading range above the 3-day high of $6.33 on volume of 3.7 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: 8.07 (-0.18)
MBIA Shares Up 12.5% Since SmarTrend's Buy Recommendation (MBI)
Comtex SmarTrend(R) - Fri Nov 06, 5:07PM CST
SmarTrend identified an Uptrend for MBIA (NYSE:MBI) on September 2nd, 2015 at $7.36. In approximately 2 months, MBIA has returned 12.50% as of today's recent price of $8.28.
MBI: 8.07 (-0.18)
MBIA Inc. Reports Third Quarter 2015 Financial Results
BusinessWire - Wed Nov 04, 3:16PM CST
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 $24 million or $0.15 per diluted share for the third quarter of 2015 compared with Combined Operating Income of $120 million or $0.63 per diluted share for the third quarter of 2014. The decline in Combined Operating Income for the three months ended September 30, 2015 compared with the same period of 2014 was driven primarily by the release of a $77 million tax reserve and the receipt of an $18 million recovery on an errors and omissions insurance policy that both occurred in the third quarter of 2014. The third quarter 2015 result is more consistent with the second quarter of 2015 Operating Income, which was $19 million or $0.11 per share.
MBI: 8.07 (-0.18)
Upgrade Alert for MBIA (MBI)
Comtex SmarTrend(R) - Tue Nov 03, 8:06AM CST
MBIA (NYSE:MBI) was upgraded from Neutral to Buy at MKM Partners today. The stock closed yesterday at $7.74 on volume of 1.2 million shares, below average daily volume of 2.2 million. MBIA (NYSE:MBI) has potential upside of 9.8% based on a current price of $7.74 and analysts' consensus price target of $8.50. MBIA shares should encounter resistance at the 200-day moving average (MA) of $7.94 and support at the 50-day MA of $6.92.
MBI: 8.07 (-0.18)
Lois A. Scott Elected to MBIA Inc.'s Board of Directors
BusinessWire - Mon Nov 02, 11:04AM CST
MBIA Inc. (NYSE:MBI) (the Company) today announced that Lois A. Scott (54) was elected to the Company's Board of Directors, where she will serve as a member of the Audit Committee. At the same time, Sean Carney, a General Partner of Warburg Pincus & Co., has retired from the MBIA Inc. Board.
MBI: 8.07 (-0.18)
MBIA Inc. Announces New Share Repurchase Authorization
BusinessWire - 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: 8.07 (-0.18)
MBIA Inc. Investor Conference Call to Discuss Third Quarter 2015 Financial Results Scheduled for Thursday, November 5 at 8:00 A.M. Eastern Time
BusinessWire - 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: 8.07 (-0.18)
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: 8.07 (-0.18), L: 40.17 (-0.35), AIG: 54.14 (-0.07), ORI: 19.28 (+0.01), 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: 8.07 (-0.18)
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: 8.07 (-0.18)
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: 8.07 (-0.18)
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: 8.07 (-0.18)