Source: MarketBeat News Agency
1 month ago
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MBIA Q2 Earnings Call Highlights

MBIA Q2 Earnings Call Highlights

MBIA NYSE: MBI reported a narrower second-quarter net loss as lower expenses tied to its Puerto Rico Electric Power Authority, or PREPA, exposure and favorable foreign-exchange movements helped results. Management said its principal priority remains resolving National Public Finance Guarantee Corp.'s remaining PREPA exposure, while litigation and negotiations surrounding the utility's restructuring continue.
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Source: MarketBeat
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