MBIA News

MBIA 's stock had its "neutral" rating reaffirmed by Zacks Investment Research in a research report issued to clients and investors on Tuesday.

VOC announced a Trust distribution, which relates to net profits generated during the payment period ended December 31, 2011.Unitholders of record on January 30, 2012 will receive a distribution amounting to $7,480,000 or $0.44 per unit payable February 14, 2012.

Lawyers representing a group of banks suing bond insurer MBIA Inc. have asked its regulator for an independent evaluation of the insurer's financial condition, as the four remaining banks push on with a fight over MBIA's 2009 business split.

The U.S. financial markets made up on lost ground to finish the day pretty flat.

BNP Paribas and bond insurer MBIA settled an ongoing legal dispute over MBIA's 2009 corporate "After two years of frivolous litigation against MBIA, the coalition of banks challenging MBIA's transformation is beginning to collapse," said Manal Mehta with Branch Hill Capital .