MBIA (MBI +8.1%) soars into the close after a judge in its case against Bank of America's (BAC)...

|About: MBIA Inc. (MBI)|By:, SA News Editor

MBIA (MBI +8.1%) soars into the close after a judge in its case against Bank of America's (BAC) Countrywide unit rules the insurer only has to prove Countrywide made misrepresentations about the loans in MBS it sold, rather than proving a "direct causal link" to losses. Shares up another 3.6% AH.