Chart - you can draw at the chart
Starting Amount
$
After
years
Dividend yield
%
Dividends reinvested
$
MBIA Inc.
Type
Public
Traded as NYSE: MBI
Industry Finance
Headquarters Armonk, New York
Revenue Increase US$1,270 Million (FY 2014)
Operating income
Increase US$185 Million (FY 2014)
Net income
Increase US$569 Million (FY 2014)
Total assets Decrease US$16.28 Billion (FY 2014)
Total equity Increase US$3.95 Billion (FY 2014)
Number of employees
180
Website http://www.mbia.com

MBIA, Inc. is a financial services company. It was founded in 1973 as the Municipal Bond Insurance Association. It is headquartered in Purchase, New York, and as of January 1, 2015 had approximately 180 employees. MBIA is the largest bond insurer.

MBIA is a monoline insurer primarily of municipal bonds and on asset-backed securities and mortgage-backed securities. Financial insurance or Financial Guarantees are a form of credit enhancement. It also provides a fixed-income asset management service with about forty billion dollars under management.

A consortium of insurance companies (Aetna, Fireman's Fund, Travelers, Cigna, and Continental) formed the Municipal Bond Insurance Association in 1973 to diversify their holdings in municipal bonds. The company went public in 1987.

In 2002, Bill Ackman, a hedge fund manager, began research which concentrated on challenging MBIA's AAA rating, despite an ongoing probe of his trading by New York State and federal authorities. He was charged copying fees for copying 725,000 pages of statements regarding the financial services company, in his law firm's compliance with a subpoena. Ackman has called for a division between MBIA's bond insurers' structured finance business and their municipal bond insurance side, despite statements from the insurance companies that this would not be a viable option.

He argued that the billions of dollars of credit default swap (CDS) protection MBIA had sold against various mortgage backed CDOs was going to be a problem. He also argued that it was not proper for MBIA, which was legally restricted from trading in CDS, to instead do it through a second corporation, LaCrosse Financial Products, which MBIA described as an "orphaned subsidiary". Ackman bought CDS against MBIA corporate debt as a way to bet that it would crash. When MBIA did, in fact, crash as the financial crisis of 2008 came to a head, he sold the swaps for a large profit. Ackman reportedly attempted to warn regulators, rating agencies and investors about the bond insurers' high risk business models. The story of Ackman's battle with MBIA was turned into a book called Confidence Game (Wiley, 2010) by Bloomberg News reporter Christine Richard. He reported covering his short position on MBIA on January 16, 2009 according to the 13D filed with the SEC.

In 2009, MBIA Corp. (NYSE:MBI) was replaced by Mead Johnson Nutrition Co. (NYSE:MJN) in the S&P 500.

In January 2017, MBIA UK was acquired by Assured Guaranty Ltd together with its subsidiary Assured Guaranty Corp.

Investment goal date:
Dividends reinvested
MBIA Inc. MBI report Q3 2017
Period
Date
Adjusted Actuals EPS
GAAP EPS
Q1 2018
2018-05-10
--
--
Q4 2017
2018-03-01
--
--
Q4 2017
2018-02-27
--
--
Q3 2017
2017-11-07
--
--
Q3 2017
2017-11-07
-0.9100
0.0000
Q2 2017
2017-08-08
-1.1100
-9.7800
Q1 2017
2017-05-10
0.0700
-0.5500
Q4 2016
2017-03-01
-0.0500
-2.0100
Q3 2016
2016-11-08
0.0400
0.2300
Q2 2016
2016-08-08
0.1200
-0.2000
Q1 2016
2016-05-09
0.1200
-0.5800
Q4 2015
2016-02-29
0.0700
0.5400
Q3 2015
2015-11-04
0.1500
-0.2300
There is presents forecasts or rating agencies and recommendation for investors about this ticker
Funds
Fund Name
Ticker shares
BlackRock Fund Advisors
4067529
BlackRock Inc.
9436946
BlackRock Institutional Trust Company, N.A.
4022831
DIMENSIONAL FUND ADVISORS LP
11453964
EJF Capital LLC
3500000
Elm Ridge Management, LLC
3716738
Fine Capital Partners, L.P.
5469621
JPMORGAN CHASE & CO
2939740
KAHN BROTHERS GROUP INC /DE/
4426198
LONDON CO OF VIRGINIA
9642634
OPPENHEIMER FUNDS INC
4488823
ROYCE & ASSOCIATES LLC
4006053
THOMPSON SIEGEL & WALMSLEY LLC
3027235
Vanguard Group, Inc
10442849
WELLINGTON MANAGEMENT CO LLP
6122875
Major Shareholders
Name Relationship
Total Shares
Holding stocks
KEARNEY DANIEL P
0.0600% (109794)
FISV / MBI / MTG /
GILBERT STEVEN J
0.0900% (169106)
MBI / OAK / TPH /
COULTER DAVID A
0.1200% (230717)
RINEHART CHARLES R
0.1100% (212592)
MBI / PAY /
BROWN JOSEPH W
1.2200% (2349622)
GBLI / MBI /
LEE KEWSONG
0.0700% (137242)
ACGL / MBI /
VAUGHAN RICHARD C
0.0500% (100673)
MBI /
CHAPLIN C EDWARD
0.3500% (685139)
BHF / MBI / MTG /
GAUDIANI CLAIRE L
0.0300% (59660)
MBI /
HAMILTON DOUGLAS C
0.0700% (137200)
MBI /
WERTHEIM RAM D
0.1700% (336580)
MBI /
CARNEY SEAN
0.0300% (50317)
MBI / TRNX /
Fallon William C
0.5500% (1069646)
MBI /
Warburg Pincus Private Equity X, L.P.
0.9900% (1910417)
Shasta Theodore
0.0100% (20000)
ACE / MBI /
McKiernan Anthony
0.2900% (564888)
MBI /
Bruce Maryann
0.0400% (69595)
MBI /
Curry Keith D.
0.0300% (54244)
MBI /
Scott Lois A.
0.0200% (39008)
MBI /
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