MBI - Sector: Financial --- Industry: Surety & Title Insurance

[setravis]

MBI - Volume Alert...

MBIA Inc. provides financial guarantee insurance and credit protection products, as well as investment management services to public finance and structured finance issuers, investors, and capital market participants worldwide.

The insiders bought between $2.29 and $3.69 in March.

52wk Range: 2.17 - 19.08
Volume: 13,057,643
Avg Vol (3m): 6,491,230

Technicals
Percentage Gainer

Last Price Quote is:
17.72%above 13-day MA
24.61%above 50-day MA
RS Rating: 84  

Fundamentals
Earnings Expected on May 12

Key Data:
Market Cap (M): $963.77  
P/E Ratio: 3.48  
PEG Ratio: N/A  
Next Earnings: 05/12/2009
Last Analyst Rating: Neutral

[setravis]

Profile: 

 
MBIA Inc.
113 King Street
Armonk, NY 10504
United States - Map
Phone: 914-273-4545
Fax: 914-765-3177
Web Site: http://www.mbia.com

DETAILS   
Index Membership: S&P 500
S&P 1500 Super Comp
Sector: Financial
Industry: Surety & Title Insurance
Full Time Employees: 420


BUSINESS SUMMARY   
MBIA Inc. provides financial guarantee insurance and credit protection products, as well as investment management services to public finance and structured finance issuers, investors, and capital market participants worldwide. The company operates in two segments, Insurance and Investment Management Services. The Insurance segment issues financial guarantees for municipal bonds, asset-backed and mortgage-backed securities, investor-owned utility bonds, bonds backed by publicly or privately funded public-purpose projects, bonds issued by sovereign and sub-sovereign entities, and bonds backed by other revenue sources, such as corporate franchise revenues. It also insures credit default swaps on structured pools of corporate obligations, residential mortgage-backed securities, and commercial real estate backed securities and loans. The Investment Management Services segment offers asset/liability products; advisory services, including cash management, discretionary asset management, and structured products provided on a fee-for-service basis for public, not-for-profit, corporate, and financial services clients; and conduits provided funding for multiple customers by issuance of commercial paper and medium-term notes. The company was founded in 1973 and is based in Armonk, New York.

[setravis]

Powerful finish on today's breakout tells me it's gonna be a multi-day run. Watch for a pullback on the RSI(2) to under 30, and that could be a point to enter Monday.

52wk Range: 3.19 - 13.11
Volume: 12,554,063
Avg Vol (3m): 4,372,420

Technicals
Record Price High

Last Price Quote is:
11.49%above 13-day MA
23.33%above 50-day MA
RS Rating: 97 

[William01]

The Insurance segment issues financial guarantees for municipal bonds, asset-backed and mortgage-backed securities, investor-owned utility bonds, bonds backed by publicly or privately funded public-purpose projects, bonds issued by sovereign and sub-sovereign entities, and bonds backed by other revenue sources, such as corporate franchise revenues.