MBIA Inc. (NYSE:MBI) reported an adjusted pre-tax loss (a non-GAAP measure defined in the attached Explanation of Non-GAAP Financial Measures) of $84 million for the fourth quarter of 2013 compared with adjusted pre-tax income of $110 million for the fourth quarter of 2012. MBIA Inc. recorded consolidated net income of $132 million, or $0.68 per diluted share, for the fourth quarter of 2013 compared with consolidated net income of $636 million, or $3.26 per diluted share, for the fourth quarter of 2012. MBIA Inc. (NYSE:MBI) stock opened at $13.80 in last session, and closed at $14.84, while the day range of MBIA Inc. (NYSE:MBI) stock is $13.75 – $14.87. The stock showed a positive weekly performance of 14.68%.
Calamos Asset Management, Inc. (NASDAQ:CLMS)’s revenue was down 13.5% compared to the same quarter last year. On average, analysts predict that Calamos Asset Management will post $0.55 earnings per share for the current fiscal year. Calamos Asset Management, Inc. (NASDAQ:CLMS) stock opened at $11.96 in last session, and closed at $13.14 by gaining 11.07%. The 52 week range of $9.46 – $13.69. Company’s market capitalization is $258.49 million.
International Bancshares Corp (NASDAQ:IBOC) an even more interesting and timely stock to look at, is the fact that in trading on Monday, shares of IBOC entered into oversold territory, changing hands as low as $22.63 per share. International Bancshares Corp (NASDAQ:IBOC) stock increased 6.39% and finished the last session at $24.64. The EPS of the stock remained 1.88. Company’s market capitalization is $1.66 billion.
Citizens, Inc. (NYSE:CIA) is an insurance holding company serving the life insurance needs of individuals in the United States. The Company operates in three segments: Life Insurance, Home Service and Other Non-insurance Enterprises. Citizens, Inc. (NYSE:CIA) stock opened the session at $7.42, and closed the session at $7.94. The 52 week range of the Citizens, Inc. (NYSE:CIA) stock remained $5.92 – $9.73 and the day range was $7.42 – $8.25.