Garcia Padilla

Shares of MBIA Inc. (NYSE: MBI) and Assured Guaranty Ltd. (NYSE: AGO) were trading higher by more than 3 percent in Wednesday's premarket following encouraging news out of Puerto Rico. Shares of Assured recently traded up about 2 percent, while MBIA was nearly flat on the day. MBIA and Assured...

Shares of Assured Guaranty Ltd. (NYSE: AGO) and MBIA Inc. (NYSE: MBI) were trading lower by more than 12 percent Monday after Puerto Rico's Governor Garcia Padilla described the nation's $72 billion of debt as being "unpayable." Assured Guaranty and MBIA jointly guarantee $9.4...