5Vote!
BloggingStocks (Free subscription) | 11/10/2009
Filed under: Before the bell , International markets , Market matters , Sun Microsystems (JAVA) , Oracle Corp (ORCL) , Economic data , Housing , MBIA Inc (MBI) It was to be expected. After Wall Street climbed to 13-months highs with stocks rallying over 2% just on Monday to add to last week's gains, finally U.S. stock futures edged lower Tuesday morning, indicating stocks will are poised to retreat...
6Vote!
iStockAnalyst.com (Free subscription) | 09/29/2009
US stock futures pointed to a weaker start on Tuesday as investors remained cautious ahead of release of key housing and consumer data. [More...]
6Vote!
BloggingStocks (Free subscription) | 09/01/2009
Filed under: Market matters , Cramer on BloggingStocks , MBIA Inc (MBI) From TheStreet.com Network New York Broker Sees Signs of Recovery Top 50 Online Retailers Revealed TheStreet.com's Jim Cramer believes we'll get a selloff, but is mindful that stocks tend to come back. Anyone approaching the month of September long will feel pressured to sell given the history of the month. We all know that September's...
4Vote!
Market Watch (Free subscription) | 08/11/2009
NEW YORK (MarketWatch) -- Analysts at J.P. Morgan on Tuesday lowered their rating on MBIA Inc. to underweight from neutral, citing concerns over earnings quality and potential losses. In a note to clients, they wrote that they believe "ultimate CDO, RMBS and CMBS related losses will eventually overwhelm capital, as the company continues to operate in run-off." Shares of MBIA ended Monday...
1Vote!
SeekingAlpha.com (Free subscription) | 08/07/2009
D.R. Horton, Inc. ( DHI ) – Shares of the largest U.S. homebuilder by sales have surged more than 8% to $13.60 after the firm was added to Goldman Sachs’ ‘conviction buy list’. Investors were observed employing various option strategies on the stock in order to take advantage of today’s bullish move. Plain-vanilla bullish call buyers targeted the November 17.5 strike...
2Vote!
BloggingStocks (Free subscription) | 08/07/2009
Filed under: Ford Motor (F) , Market matters , Getting started , Citigroup Inc. (C) , Bargain stocks , Stocks to Buy , MBIA Inc (MBI) You can learn a lot from your elders and when it comes to investing, you best listen very attentively. I often refer to 'my pal Warren' in my posts and I credit Mr. Buffett's investment advice and parables over the years for much of my gains in 2009. There is another...
4Vote!
Market Watch (Free subscription) | 08/06/2009
MBIA Inc. reports a 47% drop in quarterly profit as the bond insurer continues to pay out on guarantees it sold on mortgage-related securities during the housing boom.
1Vote!
BloggingStocks (Free subscription) | 08/06/2009
Filed under: Analyst upgrades and downgrades , Market matters , Colgate-Palmolive (CL) , Costco Wholesale (COST) , Procter and Gamble (PG) , Dow Chemical (DOW) , Freep't McMoRan Copper (FCX) , Unilever ADR (UL) , Cramer on BloggingStocks , MBIA Inc (MBI) From TheStreet.com Network Spec Stocks: The Good, the Bad and the Ugly U.S. States Push Into Retirement Planning TheStreet.com's Jim Cramer says...
4Vote!
Market Watch (Free subscription) | 08/04/2009
NEW YORK (MarketWatch) -- Shares of U.S. financial stocks posted modest declines on Tuesday, falling with the broader market after the government said personal incomes fell in June, sparking some concern about an upcoming employment report this week. Leading decliners included Principal Financial , Zions Bancorp and Huntington Bancshares , while MBIA Inc. , Janus Capital and Intercontinental Exchange...
5Vote!
BloggingStocks (Free subscription) | 06/30/2009
Filed under: Market matters , Regions Financial (RF) , SLM Corp (SLM) , Cramer on BloggingStocks , MBIA Inc (MBI) From TheStreet.com Network Kass: Many Challenges Still Ahead Amazon Cuts Off Another State TheStreet.com's Jim Cramer says you'll miss some great opportunities if you blindly believe all the bad news. You want a rebuke to the "never-ending woes of commercial and residential real estate...
1Vote!
Market Watch (Free subscription) | 06/25/2009
MBIA Inc.’s efforts to revive its fortunes are being hampered by litigation swirling around a new bond insurance business the company is trying to launch.
1Vote!
Market Watch (Free subscription) | 06/25/2009
SAN FRANCISCO (MarketWatch) -- Moody's Investors Service said Thursday that litigation may hurt MBIA's new bond insurance business, National Public Finance Guarantee Corporation. The rating agency downgraded the senior debt rating of MBIA Inc., the holding company, to Ba3 from Ba1, further into junk status. Moody's also changed its rating outlook on MBIA Insurance Corporation, the company's current...
1Vote!
Market Watch (Free subscription) | 06/16/2009
LOS ANGELES (MarketWatch) -- A group of large banks stepped up their fight against MBIA Inc.'s decision to split its businesses, filing a petition claiming the New York State Insurance Department had no right to approve the move, according to a Wall Street Journal report late Monday. The banks contend the move benefited some policyholders at the expense of others, the report said, adding that the...
1Vote!
Business Wire (Free subscription) | 06/05/2009
ARMONK, N.Y.--(BUSINESS WIRE)--National Public Finance Guarantee Corporation (National), an indirect subsidiary of MBIA Inc. (NYSE: MBI), issued the following statement in response to the decision today by Standard
5Vote!
SeekingAlpha.com (Free subscription) | 05/14/2009
Karl Denninger submits: I was wondering how long this was going to take : May 13 (Bloomberg) -- Bank of America Corp., JPMorgan Chase & Co., UBS AG and 15 more of the world’s largest financial companies sued MBIA Inc., saying the biggest bond insurer’s split of its guarantee business illegally cut their odds of getting paid on policies. Complete Story »