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MBIA Inc.MBI
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MBIA Inc. provides financial guarantee insurance services to public finance markets.

It operates through United States (U.S.) Public Finance Insurance, Corporate, and International and Structured Finance Insurance segments.

The company issues financial guarantees for municipal bonds, including tax-exempt and taxable indebtedness of the U.S. political subdivisions and territories, as well as utilities, airports, health care institutions, higher educational facilities, housing authorities, and other similar agencies and obligations issued by private entities.

It also insures the non-U.S. public finance and global structured finance, including asset-backed obligations; and sovereign-related and sub-sovereign bonds, utilities, and privately issued bonds used for the financing of projects that include toll roads, bridges, airports, public transportation facilities, and other types of infrastructure projects, as well as offers third-party reinsurance services.

MBIA Inc. was founded in 1973 and is headquartered in Purchase, New York.

Latest News >
BMO Notes The Canada, US Unemployment Rate Gap Impact on Canadian Dollar
BMO Notes The Canada, US Unemployment Rate Gap Impact on Canadian Dollar
Dec 10, 2024
08:58 AM EST, 12/10/2024 (MT Newswires) -- One under-reported aspect of the latest North American jobs data was that Canada's unemployment rate is now a hefty 2.6 percentage points above the United States rate at 6.8% versus 4.2%, noted Bank of Montreal (BMO). Aside from a couple of episodes during the wildness of the pandemic years, that's the widest gap...
Airline Association Projects Modest Rise in Industrywide Profit, Revenue in 2025
Airline Association Projects Modest Rise in Industrywide Profit, Revenue in 2025
Dec 10, 2024
08:52 AM EST, 12/10/2024 (MT Newswires) -- The International Air Transport Association said Tuesday it expects modest airline industry profit and revenue increases in 2025 despite supply-chain difficulties. The association said it expects industrywide net profit of $36.6 billion and a net profit margin of 3.6% in 2025, up from $31.5 billion in net profit and a 3.3% net profit...
Sector Update: Consumer Stocks Steady Premarket Tuesday
Sector Update: Consumer Stocks Steady Premarket Tuesday
Dec 10, 2024
08:55 AM EST, 12/10/2024 (MT Newswires) -- Consumer shares were leaning higher pre-bell Tuesday with the Consumer Staples Select Sector SPDR Fund ( XLP ) and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) flat. Academy Sports and Outdoors ( ASO ) shares slid 3.6% after the company reported lower adjusted earnings and net sales for fiscal Q3....
SiriusXM Appoints Wayne Thorsen as COO
SiriusXM Appoints Wayne Thorsen as COO
Dec 10, 2024
08:53 AM EST, 12/10/2024 (MT Newswires) -- SiriusXM Holdings (SIRI) said it appointed Wayne Thorsen as chief operating officer, effective Dec. 16. Thorsen previously served as chief business officer at ADT (ADT), the company said. The company also said Joseph Inzerillo has stepped down from his role as chief product and technology officer, effective immediately, to pursue other opportunities. ...
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