New York , October 3, 2024 - Moody's Ratings (Moody's) has downgraded the insurance financial strength (IFS) rating of National Public Finance Guarantee Corporation (National) to Baa3 from Baa2 and the IFS rating of MBIA Insurance Corporation (MBIA Corp.) to Caa2 from Caa1. In the same rating action...
New York , December 19, 2023 – Moody's Investors Service (Moody's) has affirmed the Ba3 senior unsecured debt rating of MBIA Inc. (MBIA) and the Baa2 insurance financial strength (IFS) rating of National Public Finance Guarantee Corporation (National). Moody's has also affirmed the Caa1 IFS rating, ...
New York , June 22, 2022 – Moody's Investors Service ("Moody's") has affirmed the senior unsecured debt rating of MBIA Inc. (MBIA) at Ba3, the insurance financial strength (IFS) rating of National Public Finance Guarantee Corporation (National) at Baa2 and the IFS rating of MBIA Insurance Corporatio...
A director at MBIA Inc sold 85,141 shares at 15.580USD and the significance rating of the trade was 88/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showin...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
New York , December 17, 2020 - Moody's Investors Service, ("Moody's") has affirmed the senior unsecured debt rating of MBIA Inc. (MBIA) at Ba3 and the insurance financial strength (IFS) rating of National Public Finance Guarantee Corporation (National) at Baa2. Moody's also affirmed the Caa1 IFS...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of MBIA Inc.. Global Credit Research- 31 Jul 2020. New York, July 31, 2020-- Moody's Investors Service has completed a periodic review of the ratings of MBIA Inc. and other ratings that are associated with the same analytical unit.
Rating Action: Moody's affirms ratings of MBIA Insurance Corporation; outlook remains developing. Global Credit Research- 12 Dec 2018. New York, December 12, 2018-- Moody's Investors Service has affirmed the Caa1 insurance financial strength rating of MBIA Insurance Corporation.
PURCHASE, N.Y.--(BUSINESS WIRE)-- MBIA Inc. (NYSE:MBI) (the Company) today reported a consolidated GAAP net loss of $98 million, or $(1.12) per diluted common share, for the first quarter of 2018 compared to a consolidated GAAP net loss of $72 million, or $(0.55) per diluted common share, for the first quarter of 2017. Losses before income taxes for the first quarter of 2018 declined to $(96) million versus $(120) million for the first quarter of 2017. The Company recorded income taxes of $2 million for the first quarter of 2018 compa...
PURCHASE, N.Y.--(BUSINESS WIRE)-- MBIA Inc. (NYSE:MBI) will host a webcast and conference call for investors on Thursday, May 10 at 8:00 a.m. (ET) to discuss its first quarter 2018 financial results and other issues related to the Company. The dial-in number for the call is (877) 694-4769 in the U.S. and (404) 665-9935 from outside the U.S. The conference call code is 3195318. The conference call will consist of brief comments on the first quarter 2018 results followed by a question and answer session for investors. MBIA’s fi...
PURCHASE, N.Y.--(BUSINESS WIRE)-- MBIA Inc. (NYSE:MBI) (the Company) today reported a consolidated GAAP net loss of $1.6 billion, or $(13.50) per diluted common share, for 2017 compared to a consolidated GAAP net loss of $338 million, or $(2.54) per diluted common share, for 2016. The adverse year-over-year comparison was primarily due to the full valuation allowance on the Company’s net deferred tax asset that was established in the second quarter of 2017 that drove the $945 million unfavorable change in its tax provision as well as ...
PURCHASE, N.Y.--(BUSINESS WIRE)-- MBIA Inc. (NYSE:MBI) will host a webcast and conference call for investors on Friday, March 2 at 8:00 a.m. (ET) to discuss its fourth quarter and full year 2017 financial results and other issues related to the Company. The dial-in number for the call is (877) 694-4769 in the U.S. and (404) 665-9935 from outside the U.S. The conference call code is 6197033. The conference call will consist of brief comments on the fourth quarter and full year 2017 results followed by a question and answer ses...
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