Thursday, April 26, 2007

UPDATE 1-MBIA first-quarter earnings flat

(Reuters) - NEW YORK, April 26 - MBIA Inc. , the world's largest bond insurer, reported nearly flat first-quarter earnings on Thursday as growth in insurance income was offset by a decline in investment management services income.

The bond insurer reported quarterly earnings of $198.6 million, or $1.46 a share, compared with $199.0 million, or $1.46 a share a year earlier.


Read more at Reuters.com Market News

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