MBIA, Inc.

• Is There More Upside to This Insurer?

  By Mike Thiessen - May 14, 2013 | Tickers: AGO, BAC, MBI

  After reaching a blockbuster $1.6 billion settlement with Bank of America (NYSE: BAC), New York-based insurance firm MBIA's (NYSE: MBI) stock shot up by more than 40 percent in a single trading day to close at a two-year high. Although the settlement had been expected for some time, the terms were quite favorable to both firms. Indeed, the MBIA's CEO had hinted that his company's very more »

• N.Y. A.G. Gives BofA Shareholders News To Mull Ahead of Meeting

  By Tedra DeSue - May 8, 2013 | Tickers: BAC, C, JPM, MBI, WFC

  Bank of America (NYSE: BAC) investors had plenty to celebrate this week as the company reached a historic settlement with bond insurer MBIA. However, as they go into the bank’s annual shareholder meeting on Wednesday, many may have questions about a newly filed lawsuit against it charging it is violating the terms of the National Mortgage Settlement.

  The continuing legal settlements Bank of America has faced stemming from the more »

• Value Investors Kahn Brothers’ Small Cap Picks

  By Meena Krishnamsetty - April 18, 2013 | Tickers: MBI, ORI, PTEN, NYT

  Our research from our database of 13F filings indicates that the most popular small cap stocks (which we define as those with market capitalizations between $1 billion and $5 billion) among hedge funds outperform the S&P 500. We think that this is because small cap stocks are less widely owned by large institutional investors such as mutual funds, and less covered by the financial media; as a result hedge more »

• Value Investors Kahn Brothers’ Small Cap Picks

  By Meena Krishnamsetty - April 16, 2013 | Tickers: MBI, ORI, PTEN, NYT

  Our research from our database of 13F filings indicates that the most popular small cap stocks (which we define as those with market capitalizations between $1 billion and $5 billion) among hedge funds outperform the S&P 500 by an average of 18 percentage points per year. We think that this is because small cap stocks are less widely owned by large institutional investors such as mutual funds, and less more »

• Will Legacy Issues Haunt These Stocks Forever?

  By Bill Edson - March 1, 2013 | Tickers: BAC, CS, MBI

  Many financial institutions face legacy issues from precarious loans and mortgages. In particular, reinsurance companies and mortgage banks seem to be endlessly battling over who will take losses. Since valuing these companies is somewhere between challenging and impossible, prudent investors may wish to avoid these companies all together. Speculators who want to bottom fish should be very picky about which stocks they select.

  MBIA complaints about CS mortgages

  MBIA Insurance more »

• Bruce Berkowitz's Top Positions (Last Part)

  By Anh HOANG - January 28, 2013 | Tickers: CIT, LUK, MBI

  The “Stock Manager of the Decade” Bruce Berkowitz has managed to deliver more than 13% annual return in the first 10 years of the 21^st century with quite a concentrated portfolio. Although the concentration has made him lose more than 32.4% in 2011, it also helped him gain a return of more than 37% in 2012. I have written about his four biggest positions, including AIG, Sears Holdings more »

• Bank of America's Moynihan Remembers Nothing (Except Maybe Breakfast?)

  By Matt Koppenheffer - November 30, 2012 | Tickers: BAC, MBI

  As always Rolling Stone's Matt Taibbi serves up some pretty entertaining reading after taking the time to wade through hundreds of pages of deposition from Bank of America (NYSE: BAC) CEO Brian Moynihan.

  The broad theme of the piece (and the deposition) is that Moynihan apparently recalls nothing about anything having to do with one of the largest banks in the world, despite the fact that he runs the more »

• Bruce Berkowitz’s Top Stock Picks

  By Meena Krishnamsetty - September 11, 2012 | Tickers: AIG, BAC, CIT, MBI, SHLD

  Bruce Berkowitz’s Fairholme Fund had a terrible 2011, finishing the year down 32%. However, this decline was led by a fall in the share price at American International Group (NYSE: AIG); with that stock up 39% so far this year, the fund closed the first half of 2012 up 25% versus 9% for the S&P 500. We know that Berkowitz likes AIG, but what are some of his more »

• Elm Ridge Capital’s Top Stock Picks

  By Meena Krishnamsetty - June 6, 2012 | Tickers: AMLN, AGO, LMT, MBI, MRK

  Ron Gutfleish runs hedge fund Elm Ridge Capital, with over $2 billion in AUM. Elm Ridge Capital returned an average of 9.5% between 2009 and 2011. Ron Gutfleish previously worked at Leon Cooperman’s Omega Advisors and Goldman Sachs. He has a Ph.D. from the University of California Berkeley. Below are his top 10 stock picks at the end of the first quarter (the activity column shows the more »