MBIA (MBI) Jumps on Morgan Stanley (MS) Settlement
Tweet
Share
E-mailGet Alerts MBI Hot Sheet
Join SI Premium – FREE
MBIA Inc. (NYSE: MBI) is jumping 7 percent in pre-open trading following the announcement of a comprehensive settlement with Morgan Stanley (NYSE: MS).
Morgan Stanley said the pre-tax loss on the settlement will approximate $1.8 billion ($1.2 billion after-tax) in the current quarter.
Morgan Stanley said the pre-tax loss on the settlement will approximate $1.8 billion ($1.2 billion after-tax) in the current quarter.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Citigroup set to join top banks in Anthropic IPO - Bloomberg
- Firm Capital Apartment REIT posts Q2 loss, plans name change
- Anthropic plans IPO potentially exceeding SpaceX's $86B record - Bloomberg
Create E-mail Alert Related Categories
Corporate News, Trader TalkRelated Entities
Morgan StanleySign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
