By Dan Wilchins
NEW YORK (Reuters) - MBIA Inc (MBI.N: Quote, Profile, Research), the world's largest bond insurer, posted a quarterly loss of $2.4 billion on Monday as it took charges on billions of dollars of exposure to bonds linked to subprime mortgages.
But MBIA's beaten-down shares rose more than 4 percent as adjusted results beat expectations and the company said new business volumes appear to be rising from the first quarter.
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