MBIA Inc. (MBI)
Email Confirmation
Industry: Finance
OPEN
LAST
$
PREV CLOSE
CHANGE
VOLUME
Overview
News
People
Financials
Company Information
Overview
The Company is a provider of financial guarantee products and specialized financial services that meet the credit enhancement, financial and investment needs of its public and private-sector clients worldwide.
News Feeds
-
MBIA to record loss on asset sales
AP
Jul 02 2008
-
MBIA sold $4 bln of assets to meet obligations
Reuters
Jun 30 2008
-
Financial sector weakest among S&P 500 categories
AP
Jun 30 2008
-
Fitch withdraws ratings for Ambac, MBIA
AP
Jun 26 2008
-
Movers roundup: MBIA, Evergreen Solar
AP
Jun 23 2008
-
Analyst: MBIA could lose up to additional $7.5B
AP
Jun 23 2008
-
MBIA may need to commit $6 billion after Moody's cut
AP
Jun 20 2008
-
Buffett's bond insurer may profit from rating cuts
AP
Jun 20 2008
-
Premarket roundup: MBIA, Royal Caribbean Cruises
AP
Jun 20 2008
-
Ahead of the Bell: MBIA 'baffled' after downgrades
AP
Jun 20 2008
Portfolio Blogs
-
MBIA: Moody's Twists the Knife
Jun 20 2008
Press Releases
-
Fitch Downgrades New Hampshire Muni Bond Bank's 2005 Resolution Bonds to 'AA-'; Outlook to Stable Jul-02-2008, 04:30PM EDT
-
Fitch Downgrades Autopista del Maipo Bonds to 'BBB(chl)' Jul-01-2008, 03:37PM EDT
-
Fitch Places 6 MBIA-Insured Prepaid Energy Transactions on Watch Negative Jun-30-2008, 12:08PM EDT
-
Fitch Revises Educational Services Foundation 1996 Indenture 'AAA' Jun-27-2008, 01:56PM EDT
News From Around the Web
News
-
Stocks shadowed by crude
(MarketWatch)Jul 05 2008 -
Stock market braces for oil's ever-higher climb
(Washington Post)Jul 05 2008 -
Jul 04 2008
-
Jul 03 2008
-
MBIA to record $300M pretax loss on recent as...
(Canadian Business Online)Jul 02 2008 -
Opening Glance: Insurers
(Businessweek)Jul 02 2008 -
Insurers rise early Tuesday even as broader market declines amid further rise in oil prices
(Canadian Business Online)Jul 01 2008 -
MBIA says it has enough cash and collateral to meet extra requirements triggered by Moody’s downgrad
(RTTNews)Jun 30 2008 -
MBIA: We have enough cash
(Fortune)Jun 30 2008
Blogs
-
Cramer on BloggingStocks: Beware the financial dirty dozen
(Blogging Stocks)Jul 03 2008 -
Closing Bell: Bulls win small victory; Bears win 3 quarters in a row
(Blogging Stocks)Jun 30 2008 -
Newspaper wrap-up: Anheuser-Busch to cut jobs and raise prices
(Blogging Stocks)Jun 30 2008
Employees
Number of Employees: 486
Revenue per Employee: $6,094,494
Top Executives
Dan McManus, Other Executive Officer
Douglas C. Hamilton, Controller/Other Corporate Officer
Kevin D. Silva, Chief Administrative Officer/Vice President
Christopher E. Weeks, Vice President/Other Corporate Officer
Ram D. Wertheim, Vice President/Secretary/General Counsel
Ruth M. Whaley, Chief Risk Officer/Vice President
Thomas G. McLoughlin, Vice President/Other Corporate Officer
Clifford D. Corso, Vice President/Other Executive Officer/President, Subsidiary
William C. Fallon, Other Corporate Officer/Vice President
Mitchell I. Sonkin, Vice President/Other Corporate Officer
Board of Directors
Joseph W. Brown, Chairman of the Board/Director/CEO/President
John A. Rolls, Director
C. Edward Chaplin, CFO/Vice President/Vice Chairman, Subsidiary
Financials
Quarterly
Annual
| Income Statement | 05/2008 | 03/2008 | 10/2007 | 07/2007 |
|---|---|---|---|---|
| Sales | NA | NA | NA | NA |
| Gross Operating Profit | -3.32 Bil. | -3.13 Bil. | 335.66 Mil. | 675.42 Mil. |
| Operating Income before D & A (EBITDA) | -3.32 Bil. | -3.13 Bil. | 335.66 Mil. | 675.42 Mil. |
| Total Income Before Interest Expenses (EBIT) | -3.32 Bil. | -3.13 Bil. | 335.66 Mil. | 675.42 Mil. |
| Total Net Income | -2.41 Bil. | -2.3 Bil. | -36.64 Mil. | 211.83 Mil. |
| Basic EPS, Total | -13.03 | -18.1 | -0.3 | 1.66 |
| Diluted EPS, Total | -13.03 | -18.01 | -0.3 | 1.61 |
| BALANCE STATEMENT | 05/2008 | 03/2008 | 10/2007 | 07/2007 |
|---|---|---|---|---|
| Cash and Equivalents | NA | NA | NA | NA |
| Total Assets | NA | NA | NA | NA |
| Total Liabilities | NA | NA | NA | NA |
| Total Capitalization | NA | NA | NA | NA |
| Cash Flow | 05/2008 | 03/2008 | 10/2007 | 07/2007 |
|---|---|---|---|---|
| Net Cash From Continuing Operations | NA | NA | NA | NA |
| Net Cash From Investing Activities | -467.54 Mil. | -6.31 Bil. | -5.34 Bil. | -3.58 Bil. |
| Net Cash From Financing Activities | 236.66 Mil. | 5.28 Bil. | 4.74 Bil. | 3.32 Bil. |
| Net Change in Cash & Cash Equivalents | 26.56 Mil. | -5.54 Mil. | 96.55 Mil. | 149.06 Mil. |
| Income Statement | 2008 | 2007 | 2006 | 2005 |
|---|---|---|---|---|
| Sales | NA | NA | NA | NA |
| Gross Operating Profit | -1.49 Bil. | 2.32 Bil. | 1.81 Bil. | 1.62 Bil. |
| Operating Income before D & A (EBITDA) | -1.49 Bil. | 2.32 Bil. | 1.81 Bil. | 1.62 Bil. |
| Total Income Before Interest Expenses (EBIT) | -1.49 Bil. | 2.32 Bil. | 1.81 Bil. | 1.62 Bil. |
| Total Net Income | -1.92 Bil. | 819.29 Mil. | 710.99 Mil. | 815.3 Mil. |
| Basic EPS, Total | -15.17 | 6.17 | 5.3 | 5.85 |
| Diluted EPS, Total | -15.17 | 6.35 | 5.18 | 5.73 |
| BALANCE STATEMENT | 2008 | 2007 | 2006 | 2005 |
|---|---|---|---|---|
| Cash and Equivalents | NA | NA | NA | NA |
| Total Assets | NA | NA | NA | NA |
| Total Liabilities | NA | NA | NA | NA |
| Total Capitalization | NA | NA | NA | NA |
| Cash Flow | 2008 | 2007 | 2006 | 2005 |
|---|---|---|---|---|
| Net Cash From Continuing Operations | NA | NA | NA | NA |
| Net Cash From Investing Activities | -6.31 Bil. | -4.8 Bil. | -2.19 Bil. | -2.33 Bil. |
| Net Cash From Financing Activities | 5.28 Bil. | 4.19 Bil. | 1.28 Bil. | 1.55 Bil. |
| Net Change in Cash & Cash Equivalents | -5.54 Mil. | 47.57 Mil. | -133.19 Mil. | 138.69 Mil. |
Related Companies by Market Cap
Company Name
Price
Change
Market Cap
1.43 Bil.
1.17 Bil.
739.82 Mil.
737.94 Mil.
Company Profile Change Request
The data provided in our company profiles comes from third party information providers.- If you have a change request regarding a publicly traded company, click here
- If your request pertains to a private company, click here
Also in Portfolio.com
Most Emailed
Recently Commented
TOP 5
(Daily)
A smart take on the top stories shaping the business world.
Executives & Careers
(Tuesdays)
A weekly guide to the personalities and ideas that are transforming the business world.
Inside Portfolio.com
(Wednesdays)
Our roundup of the week's best from Portfolio.com.
Culture & Lifestyle
(Fridays)
A weekly guide to the best ways to spend your time - and money.
In This Issue
(Monthly)
Be the first to know when the latest issue of Condé Nast Portfolio magazine is online.


