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Company News for May 12, 2009 – Corporate Summary

Source: http://www.zacks.com/stock/news/20078/Company+News+for+May+12%2C+2009+-+Corporate+Summary
Posted on Tuesday, May 12th, 2009 | In Market Commentary, Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -

* MBIA (NYSE:MBI) reported first quarter earnings of $3.34 per share, on revenues of $195 million, helped by a $1.6 billion gain from insured derivatives

* Alpha Natural Resources (NYSE:ANR) announced plans to purchase Foundation Coal Holdings (NYSE:FCL) for $1.5 billion in stock

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