International Business News - MBIA http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif A Goldman Sachs Group Inc. analyst on Friday withdrew ratings and price targets for MBIA Inc. because the investment bank is acting as an adviser for a deal involving the bond insurer. http://www.ibtimes.com/articles/20080829/goldman-withdraws-ratings-price-target-for-mbia.htm Fri, 29 Aug 2008 12:10:49 EDT Shares of MBIA Inc. soared more than 30 percent Thursday, one day after the bond insurer agreed to back nearly $200 billion of municipal bonds insured by rival FGIC Corp. http://www.ibtimes.com/articles/20080828/mbia-shares-soar-on-reinsurance-deal-with-fgic.htm Thu, 28 Aug 2008 19:56:47 EDT Shares of MBIA Inc. rose sharply in premarket electronic trading Thursday, a day after the bond insurer agreed to reinsure nearly $200 billion of municipal bonds backed by FGIC Corp. http://www.ibtimes.com/articles/20080828/ahead-of-the-bell-mbia-climbs-on-fgic-deal.htm Thu, 28 Aug 2008 08:31:48 EDT MBIA Inc. on Wednesday agreed to take control of nearly $200 billion of municipal bonds currently backed by FGIC Corp. in a move that could help its weaker rival avoid bankruptcy. http://www.ibtimes.com/articles/20080827/mbia-agrees-to-reinsure-fgics-muni-bond-portfolio.htm Wed, 27 Aug 2008 18:55:20 EDT Among the stock activity stories for Monday, Aug. 25, from AP Financial News: CHARLOTTE, N.C. (AP)--Shares of bond insurer MBIA Inc. rose Monday, lifted in part by Freddie Mac's successful debt auction, despite a decline in the broader market on higher oil prices. http://www.ibtimes.com/articles/20080825/movers-roundup-mbia-truckers.htm Mon, 25 Aug 2008 14:35:31 EDT Shares of bond insurer MBIA Inc. rose Monday, lifted in part by Freddie Mac's successful debt auction, despite a decline in the broader market on higher oil prices. http://www.ibtimes.com/articles/20080825/mbia-shares-rise-on-freddie-mac-bill-sale.htm Mon, 25 Aug 2008 17:43:09 EDT Shares of MBIA Inc. rose sharply Friday after ratings agency Standard & Poor's took the bond insurer's critical financial strength rating off a negative credit watch. http://www.ibtimes.com/articles/20080815/mbia-shares-rise-as-s-p-removes-rating-from-watch.htm Fri, 15 Aug 2008 17:33:25 EDT Standard & Poor's said late Thursday it is no longer reviewing its ratings on the insurance arms of MBIA Inc. and Ambac Financial Group Inc. for downgrade, though it retained a negative outlook on both companies. http://www.ibtimes.com/articles/20080815/s-p-mbia-ambac-insurance-off-downgrade-watch.htm Fri, 15 Aug 2008 07:45:04 EDT Among the earnings stories for Friday, Aug. 8, from AP Financial News: NEW YORK (AP)--Bond insurer MBIA Inc. said Friday its second-quarter profit swelled due to non-cash gains on a portfolio of complex insurance contracts. http://www.ibtimes.com/articles/20080808/earnings-roundup-mbia-fuel-systems-solutions.htm Fri, 08 Aug 2008 15:13:02 EDT Bond insurer MBIA Inc. said Friday its second-quarter profit swelled due to non-cash gains on a portfolio of complex insurance contracts. MBIA earned $1.7 billion, or $7.14 per share, during the second quarter, compared with earnings of $211.8 million, or $1.61 per share, during the same quarter last year. http://www.ibtimes.com/articles/20080808/mbia-2q-profit-soars-on-hefty-gains.htm Fri, 08 Aug 2008 16:58:51 EDT Shares of bond insurer MBIA Inc. fell Thursday giving up gains from a day earlier after insurer American International Group Inc. posted wider-than-expected losses for the quarter. http://www.ibtimes.com/articles/20080807/mbia-shares-fall-on-declines-in-broader-sector.htm Thu, 07 Aug 2008 18:58:49 EDT Shares of bond insurer MBIA Inc. slid Friday afternoon amid continued worries over the viability of the greater bond insurance market. MBIA shares fell 48 cents, or 8.9 percent, to $4.94 during mid-afternoon trading. http://www.ibtimes.com/articles/20080725/mbia-falls-amid-continued-bond-insurance-concern.htm Fri, 25 Jul 2008 14:43:44 EDT Bond insurer MBIA Inc. said Wednesday its insurance subsidiary received approval from the New York State Insurance Department to pay interest on surplus notes it issued earlier in the year. http://www.ibtimes.com/articles/20080709/mbia-receives-approval-to-pay-interest-on-notes.htm Wed, 09 Jul 2008 11:06:27 EDT Bond insurer MBIA Inc. said in a regulatory filing Wednesday it will record a pretax loss of $300 million tied to a previously announced sale of about $4 billion in assets. http://www.ibtimes.com/articles/20080702/mbia-to-record-loss-on-asset-sales.htm Wed, 02 Jul 2008 14:31:03 EDT MBIA Inc. said Monday it has sufficient cash and collateral to cover additional requirements on certain investment contracts that were triggered by a recent downgrade by Moody's Investors Service. http://www.ibtimes.com/articles/20080630/mbia-sells-4b-in-assets-to-cover-contracts.htm Mon, 30 Jun 2008 13:22:52 EDT Fitch Ratings has withdrawn its ratings for Ambac Financial and MBIA Inc. after the troubled bond insurers stopped providing private information to the agency. http://www.ibtimes.com/articles/20080626/fitch-withdraws-ratings-for-ambac-mbia.htm Thu, 26 Jun 2008 15:45:18 EDT Among the stock activity stories for Monday, June 23, from AP Financial News: NEW YORK (AP)--Shares of bond insurer MBIA Inc. tumbled Monday afternoon as the broader bond insurance sector continued to decline amid ongoing concern about the viability of some companies to generate new business. http://www.ibtimes.com/articles/20080623/movers-roundup-mbia-evergreen-solar.htm Mon, 23 Jun 2008 17:28:19 EDT Shares of bond insurer MBIA Inc. tumbled Monday afternoon as the broader bond insurance sector continued to decline amid ongoing concern about the viability of some companies to generate new business. http://www.ibtimes.com/articles/20080623/analyst-mbia-could-lose-up-to-additional-7-5b.htm Mon, 23 Jun 2008 14:57:04 EDT Shares of bond insurer MBIA Inc. tumbled Monday afternoon as the broader bond insurance sector continued to decline amid ongoing concern about the viability of some companies to generate new business. http://www.ibtimes.com/articles/20080623/analyst-mbia-could-lose-up-to-additional-7-5b.htm Mon, 23 Jun 2008 14:53:03 EDT Among the premarket stories for Friday, June 20, from AP Financial News: NEW YORK (AP)--Bond insurer MBIA Inc. said late Thursday it was "baffled" by Moody's Investors Service decision to cut several of its ratings on the company. http://www.ibtimes.com/articles/20080620/premarket-roundup-mbia-royal-caribbean-cruises.htm Fri, 20 Jun 2008 10:00:52 EDT