NU Online News Service, Nov. 10, 1:05 p.m. EST
Two major bond insurers hobbled by the financial meltdown in the credit markets report mixed third-quarter results today.
N.Y.-based MBIA reports third quarter net income of $444 million, or $2.26 a share, compared to a net loss of $213 million, or $1.06 a share a year ago. Revenues stood at $1.12 billion compared to the previous year's loss of $191 million.
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