(Reuters) - NEW YORK, July 26 - MBIA Inc. , the world's largest bond insurer, reported on Thursday that quarterly profit fell 4 percent, hurt by net losses on financial instruments and an increase in investment management expenses.
Net income fell to $211.8 million, or $1.61 a share for the second quarter from $221.4 million, or $1.62 a share, a year earlier.
Read more at Reuters.com Market News
Net income fell to $211.8 million, or $1.61 a share for the second quarter from $221.4 million, or $1.62 a share, a year earlier.
Read more at Reuters.com Market News
No comments:
Post a Comment