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Bond insurer MBIA Inc. said Friday its second-quarter profit swelled due to non-cash gains on a portfolio of complex insurance contracts.
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MBIA posted a second-quarter profit Friday, as the Armonk, N.Y., company became the second big bond insurer this week to wring some benefit from a do
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U.S. stock futures posted mild gains Friday as the dollar rallied but Fannie Mae's loss widened, with the mortgage giant slashing its dividend.
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HAMILTON, Bermuda----RAM Holdings Ltd. responded today to Moody's Investors Service ratings action. Moody's downgraded to A3, from Aa3, the insurance
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ARMONK, N.Y.----MBIA Inc. , the holding company for MBIA Insurance Corporation, today reported a net loss of $706.4 million, or $3.37 per share, for
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Bond insurer MBIA Inc. says unrealized gains on credit derivatives pushed its second-quarter profit higher from the year-earlier period.
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