BofA (BAC) to Appeal New York Ruling of MBIA (MBI) Restructuring

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MBIA (MBI) Scores 'Major Victory' - Analyst

March 4, 2013 4:10 PM EST

MKM Partners insurance analyst Harry Fong commented on MBIA Inc. (NYSE: MBI) after the NY Supreme Court ruled in favor the New York Insurance Department (NYID) and MBIA to uphold the NYIDs decision to approve MBIAs transformation into two separate entities, National Public Finance Guarantee and MBIA Insurance Corp.... More

Hedge Fund Giant Berkowitz is All Smiles with MBIA (MBI) Ripping Higher

March 4, 2013 1:31 PM EST

Bruce R. Berkowitz should have a little extra spring in his step Monday. The reason is that his Fairholme Capital Management is a large holder of MBIA, Inc. (NYSE: MBI), which is ripping higher following a positive verdict against Bank of America (NYSE:... More

MBIA, Inc. (MBI) Wins Ruling vs. BofA (BAC) Over 2009 Restructuring

March 4, 2013 1:02 PM EST

MBIA, Inc. (NYSE: MBI) shares are rocking today following headlines that the company defeated a Bank of America (NYSE: BAC) lawsuit over the 2009 restructuring of the company.

According to headlines, a New York state judge denied a... More