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MBIA Inc (MBI.N)

MBI.N on New York Stock Exchange

9.28USD
17 Jul 2018
Change (% chg)

$-0.11 (-1.17%)
Prev Close
$9.39
Open
$9.43
Day's High
$9.44
Day's Low
$9.27
Volume
181,201
Avg. Vol
358,055
52-wk High
$10.96
52-wk Low
$6.05

Latest Key Developments (Source: Significant Developments)

MBIA Q1 GAAP Loss Per Share $1.12
Thursday, 10 May 2018 

May 9 (Reuters) - MBIA Inc ::. REPORTS FIRST QUARTER 2018 FINANCIAL RESULTS.Q1 GAAP LOSS PER SHARE $1.12.Q1 ADJUSTED NON-GAAP LOSS PER SHARE $0.69.Q1 EARNINGS PER SHARE VIEW $-0.29 -- THOMSON REUTERS I/B/E/S.BOOK VALUE PER SHARE WAS $13.97 AS OF MARCH 31, 2018 COMPARED WITH $15.44 AS OF DECEMBER 31, 2017.ADJUSTED BOOK VALUE (ABV) PER SHARE WAS $28.60 AS OF MARCH 31, 2018 COMPARED WITH $29.32 AS OF DECEMBER 31, 2017.QTRLY NET PREMIUMS EARNED $40 MILLION VERSUS $49 MILLION.QTRLY NET INVESTMENT INCOME $31 MILLION VERSUS $52 MILLION.  Full Article

MBIA Says Board Will Decrease In Size From 7 To 6 Directors
Saturday, 23 Dec 2017 

Dec 22 (Reuters) - MBIA Inc ::MBIA INC SAYS BOARD WILL DECREASE IN SIZE FROM SEVEN TO SIX DIRECTORS - SEC FILING.  Full Article

Fine Capital Partners L.P. reports 12.1 pct passive stake in MBIA as of Nov 7
Saturday, 18 Nov 2017 

Nov 17 (Reuters) - MBIA Inc :Fine Capital Partners L.P. reports 12.1 percent passive stake in MBIA Inc as of November 7, 2017 - SEC Filing‍​.  Full Article

MBIA Inc posts Q3 adj. loss per share $0.91
Wednesday, 8 Nov 2017 

Nov 7 (Reuters) - Mbia Inc :MBIA Inc. Reports third quarter 2017 financial results.Q3 GAAP loss per share $2.17.Q3 non-GAAP operating loss per share $0.91.Q3 earnings per share view $0.10 -- Thomson Reuters I/B/E/S.MBIA Inc - ‍book value per share was $13.88 as of September 30, 2017 compared with $23.87 as of December 31, 2016​.MBIA Inc - ‍as of Sept 30, 2017, co's liquidity position was $294 million consisting primarily of cash, cash equivalents, liquid short-term invested assets​.MBIA Inc - ‍ adjusted book value was $24.81 as of September 30, 2017 compared with $31.88 as of December 31, 2016​.MBIA Inc - qtrly net premiums earned $53 million versus $77‍​ million.MBIA Inc qtrly ‍net investment income $33 million versus $39 million​.  Full Article

EJF Capital reports 5.7 pct passive stake in MBIA Inc
Friday, 27 Oct 2017 

Oct 26 (Reuters) - EJF Capital Llc::EJF Capital Llc reports 5.7% passive stake in MBIA Inc as of Oct 17 - SEC filing‍​.  Full Article

‍National Public Finance Guarantee Corp says filed legal motion​ to lift PROMESA stay
Wednesday, 19 Jul 2017 

July 18 (Reuters) - ‍National Public Finance Guarantee Corp:‍national public finance guarantee corp says filed legal motion​ to lift promesa stay to seek appointment of receiver, compel rate increase.  Full Article

National Public Finance criticizes Puerto Rico oversight board
Saturday, 1 Jul 2017 

June 30 (Reuters) - Mbia Inc :‍National Public Finance Guarantee says believes financial oversight and management board for Puerto Rico violated promesa by authorizing Title III filing by PREPA​.  Full Article

Mbia Q2 gaap loss per share $0.20
Tuesday, 9 Aug 2016 

Mbia Inc : Q2 non-gaap operating earnings per share $0.12 . Mbia inc. Reports second quarter 2016 financial results . Q2 gaap loss per share $0.20 . Q2 earnings per share view $0.10 -- Thomson Reuters I/B/E/S . Mbia inc says net premiums earned in u.s. Public finance insurance segment were $56 million in q2 of 2016, down 23 percent from q2 of 2015 . Mbia inc says mbia insurance corp's statutory net loss was $49 million in q2 of 2016, compared with a net loss of $47 million in q2 of 2015 . Says "focus inside and outside company remains on national's puerto rico's exposures" . Says book value per share was $26.88 as of june 30, 2016 compared with $24.61 as of december 31, 2015 . Says net investment income for u.s. Public finance insurance segment was $30 million for q2 of 2016 versus $28 million for prior year's q2 .Says "anticipate better progress in reaching resolutions on each of our insured puerto rico credits".  Full Article

BRIEF-MBIA Q1 GAAP Loss Per Share $1.12

* Q1 EARNINGS PER SHARE VIEW $-0.29 -- THOMSON REUTERS I/B/E/S