MBIA Inc. yesterday agreed to sell the assets of its asset-management
MBIA expects to make a small profit from the sale.
MBIA acquired 1838 Investment Advisors in 1998. At the end of 2003,
Armonk, N.Y.-based MBIA Inc. is the parent company of MBIA Insurance
The state attorney general's office said it will appeal the ruling prohibiting enforcement of 2022's Energy Discrimination Elimination Act.
The new-issue calendar is at $9.7 billion the week, led by the Texas Transportation Commission with $1.7 billion of first-tier and second-tier revenue refunding bonds.
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The board's next quarterly meeting, scheduled for July 24-25, will include a review of market regulations, structure, and transparency issues .
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The sale reflects the strength and demand of New York state paper.
