Wikio - MBIA

Financial Stocks: Fannie, Freddie, MBIA shares trim gains (Market Watch)

Fri, 29 Aug 2008 16:59:00 GMT

... end of 2006. Today it stands at about $17.5 million, the newspaper said. Elsewhere, bond insurer MBIA Inc. MBItraded lower after rallying Thursday. MBIA and Ambac Financial Group Inc. ABKgained about 35% and 42%, respectively, on Thursday on news that MBIA had reached a deal to reinsure more than $180 billion in municipal bonds. Lehman shares traded higher after one influential...

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Financial Stocks: MBIA, Ambac shares cool after rally (Market Watch)

Fri, 29 Aug 2008 15:25:00 GMT

... end of 2006. Today it stands at about $17.5 million, the newspaper said. Elsewhere, bond insurers MBIA Inc. (:MBI, , , Last: Delayed quote dataSponsored by:, , ) and Ambac Financial Group Inc. (:ABK, , , Last: Delayed quote dataSponsored by:, , ) reversed course after a strong rally Thursday. The stocks gained about 35% and 42%, respectively, on Thursday on news that MBIA had reached...

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Explore : Fannie Mae, Financial Services, Freddie Mac, Mortgages

Is MBIA's Executive Compensation Fair? (Seeking Alpha)

Fri, 29 Aug 2008 13:52:52 GMT

... "The restricted stock will vest fully if, on or before 2/18/2013, the average share price of MBIA's (MBI) common stock over any twenty consecutive trading days is at least $40 per share." Lesser prices get lower vesting: $16.20 gets 0%, $20.96 gets 20%, 25.72 gets 40%, 30.48 gets 60%, and 35.24 gets 80%. Amounts in between are pro-rated. Complete Story »

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S&P Picks and Pans: MBIA, Fannie Mae, Toyota, Williams-Sonoma, Tiffany, Bro (Business Week )

Fri, 29 Aug 2008 11:35:02 GMT

S&P Picks and Pans: MBIA, Fannie Mae, Toyota, Williams-Sonoma, Tiffany, Brown-FormanAnalysts' opinions on stocks in the news Thursday From Story Tools S&P MAINTAINS HOLD OPINION ON SHARES OF MBIA INC. (; 11.98): MBI agrees to reinsure a portfolio of U.S. public finance bonds, par value of roughly $184 billion, insured by Financial Guaranty Insurance Company. MBI will receive unearned...

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Toffees told to forget Mbia hopes (TEAMtalk)

Fri, 29 Aug 2008 13:05:58 GMT

Rennes have told Stephane Mbia he will not be allowed to leave the club to join Everton before the transfer window closes.

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MBIA Picks Up FGIC's Slack (Forbes)

Thu, 28 Aug 2008 21:10:00 GMT

Beleaguered FGIC is in need of a friend and MBIA appears to fit the bill. Bond insurer MBIA (nyse: - - ) reported Wednesday that it will assume control of $184.0 billion in municipal bonds currently backed by its privately held rival Financial Guaranty insurance Corporation. MBIA will collect $741.0 million advance in premiums as a part of the pact, and MBIA will pay FGIC...

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Winners & Losers: Dell Heads Lower; MBIA Enters a $200 Billion Reinsurance Deal; Amylin Shares Rise (World of stocks)

Thu, 28 Aug 2008 21:52:00 GMT

TheStreet.com Winners & Losers Tech Winners & Losers: Dell Financial Winners & Losers: MBIA 8/28/2008 12:21 PM EDT Health Winners & Losers: Amylin 8/28/2008 4:30 PM EDT Dell's Profit Pinched (Update) 8/28/2008 5:17 PM EDT Novell's Quarterly Loss Widens Auction-rate securities ruin the bottom line. 8/28/2008 5:01 PM EDT Marvell's Quarter Shines The chipmaker meets estimates for profit and revenue...

Source : World of stocks (subscribe)

Explore : Amylin Pharmaceuticals, Biotechnologies

MBIA deal may not save FGIC: Analyst (Business Spectator)

Thu, 28 Aug 2008 19:58:15 GMT

Troubled bond insurer reinsures its municipal bond portfolio with MBIA, but troubles remain. 29 Aug 2008 5:11 AM

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MBIA, Tiffany, UAL, Williams Sonoma are big movers (The Washington Times)

Thu, 28 Aug 2008 16:58:28 GMT

Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:

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MBIA Snaps Up FGIC Munis (Forbes)

Thu, 28 Aug 2008 15:24:00 GMT

With friends like MBIA, troubled FGIC doesn’t need enemies. Bond insurer MBIA) reported Wednesday that it will assume control of $184.0 billion in municipal bonds currently backed by its privately held rival Financial Guaranty insurance Corporation. MBIA will collect $741.0 million advance in premiums as a part of the pact, and FGIC will pay French investment bank Calyon, a beneficiary...

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Rennes reject second MBia offer (footy247)

Thu, 28 Aug 2008 16:00:15 GMT

Rumour Mill: Rennes have reaffirmed their desire to keep Stephane M'Bia after it was reported that have rejected an improved, "attractive" bid by from Everton for the Cameroon international, believed to be as high as £9m. read more

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S&P Picks and Pans: MBIA, Fannie Mae, Toyota (Business Week )

Thu, 28 Aug 2008 14:37:00 GMT

MBI agrees to reinsure a portfolio of U.S. public finance bonds, par value of roughly $184 billion, insured by Financial Guaranty Insurance Company. MBI will receive unearned upfront premiums of roughly $741 million. Although this transaction allays some of our near-term capital concerns, we are still wary that significant structured finance losses may result in the company ultimately needing to raise...

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Financial Stocks: Bond and mortgage insurers jump on MBIA deal (Market Watch)

Thu, 28 Aug 2008 14:27:00 GMT

Shares of mortgage and bond insurers rally Thursday on news that MBIA Inc. is in a deal to reinsure billions of dollars in municipal bonds, showing the embattled bond insurer is able to attract new business despite the credit crunch.

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A Bone For MBIA; Fannie Shuffles Deck Chairs; Still Seeking Sears (Stocks to Watch Today)

Thu, 28 Aug 2008 14:23:25 GMT

MBIA CUTS DEAL FOR NEW REVS The bond insurance business has gotten treated lately as if … well, as if there is no business to be done in insuring bonds. MBIA (MBI) has tried to put the lie to that analysis Thursday by cutting a deal to stand behind the bonds [...]

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Movers: MBIA, Fannie Mae, Williams-Sonoma, Tiffany (Business Week )

Thu, 28 Aug 2008 13:58:00 GMT

MBIA Inc. () announces that its insurance subsidiary, MBIA Insurance Corp., has agreed to reinsure a portfolio of U.S. public finance bonds insured by Financial Guaranty Insurance Company with total net par outstanding estimated to be approximately $184 billion as of Sept. 30, 2008. MBIA will receive unearned upfront premiums, net of a ceding commission paid to FGIC, of about $741 million in connection...

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Explore : Fannie Mae, Finance

MBIA, Ambac Rise on Reinsurance Deal (MarketBeat)

Thu, 28 Aug 2008 13:33:27 GMT

Shares of MBIA Inc. and Ambac Financial rose after MBIA said Wednesday that it will reinsure a $184 billion portfolio of U.S. public finance bonds insured by Financial Guaranty Insurance Co. MBIA will get about $741 million in unearned premiums for reinsuring the municipal bonds, and investors have responded strongly. [...]

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MBIA jumps after deal to reinsure FGIC bonds (The Earth Times Online Newspaper)

Thu, 28 Aug 2008 12:29:59 GMT

NEW YORK (Reuters) - Shares of MBIA Inc. jumped before the open on Thursday after the bond insurer agreed in a deal to reinsure $184 billion of municipal bonds backed by its rival FGIC Corp.

Source : The Earth Times Online Newspaper (subscribe)

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Before the Bell: Sears, Fannie Mae, GDP data, MBIA in the spotlight (Market Watch)

Thu, 28 Aug 2008 12:45:00 GMT

... David Hisey has been named chief financial officer and Michael Shaw appointed chief risk officer. MBIA Insurance Corp. will reinsure U.S. public finance bonds insured by Financial Guaranty Insurance Co. with a total net face value of about $184 billion, said FGIC Corp. late Wednesday. MBIA will get about $741 million for the reinsurance deal, according to MBIA Inc MBIVimpelCom...

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MBIA Reinsures $184 Billion from FGIC’s Public Finance Book (Seeking Alpha)

Thu, 28 Aug 2008 12:03:04 GMT

Carl Dincesen submits: MBIA (MBI) announced Wednesday that it has reached an agreement with Muni Bond insurer Financial Guaranty Insurance Company [FGIC] to reinsure $184 billion principal amount of public finance bonds insured by FGIC. The agreement is subject to the approval of the NY State Insurance Department which is expected since MBIA said in its press release: “We appreciate...

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MBIA, Ambac rise in premarket (Market Watch)

Thu, 28 Aug 2008 11:57:01 GMT

BOSTON (MarketWatch) -- Shares of MBIA Inc. were up 14% in premarket trading Thursday on news it will reinsure $184 billion of municipal bonds issued by Financial Guaranty Insurance Co. MBIA, a bond insurer, will receive $741 million for the deal. MBIA and another bond insurer, Ambac Financial Group Inc. , were among the top off-hours gainers ahead of Thursday's opening bell....

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