mbia inc

Intersil Corporation (NASDAQ: ISIL) 7.1% LOWER; today revised its guidance for the third quarter 2011. The company now expects its third quarter revenue to range from $184 million to $188 million, versus previous guidance of $205 million to $213 million.

MBIA, Inc. (NYSE: MBI) 4.6% LOWER; In a 13G filing on MBIA, Bruce Berkowitz's hedge fund Fairholme Capital disclosed a 24.84%, or 48,879,744 share, stake in the company.

This is up 4.37% from the 46,832,270 shares held at the end of the latest quarter ending June 30, 2011. SunPower Corp.

MBIA Inc. has decided not to pursue a lawsuit against Bank of America Corp.'s Merrill Lynch unit.

This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today. 52-Week High:

• NVIDIA Corporation (Nasdaq: NVDA) high of $21.11.
  
  Starting off enough in the green today to produce a new 52-week high.

This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today. 52-Week High:

• MBIA Inc.
  
  (NYSE: MBI) high of $12.95. Seeing some buying today as banks across the land reevaluate their foreclosure proceedings.
  
  Shares made an impressive 15.7% to their new 52-week high today.
• ZAGG Incorporated (Nasdaq: ZAGG) high of $7.40.

MBIA Inc. (NYSE: MBI) 6.4% HIGHER; Bruce Berkowitz's Fairholme Capital disclosed an 11.1%, or 22,736,200 share, stake in the embattled bond insurer.

The firm did not show a common share stake at the quarter ended March 31, 2010. BioMimetic Therapeutics, Inc.

(Nasdaq: BMTI) 6% LOWER; announced today a public offering of 5,000,000 shares of its common stock. BioMimetic has granted the underwriters an option to purchase up to an additional 15% of shares of common stock to cover over-allotments.

MBIA Inc. (NYSE: MBI) 14.9% HIGHER; reports Q3 loss of $3.50, cents better than the analyst estimate loss of $1.05.

Shengdatech, Inc. (NASDAQ: SDTH) 11.7% LOWER; reports Q3 EPS of $0.09, versus the analyst estimate of $0.10. Revenue for the quarter was $25.40 million, which compares to the estimate of $25.30 million.

Utek Corp. (NYSE: UTK) 11.7% LOWER; reports Q3 loss $0.21, versus a loss of $1.25 last year.

Ashford Hospitality Trust, Inc. (NYSE: AHT) 19.4% LOWER; reports Q2 FFO of $0.31, 2 cents lower than the analyst estimate of $0.33.

Home Inns & Hotels Management Inc. (Nasdaq: HMIN) 15% HIGHER; reports Q2 EPS of $0.23, ex-items, 10 cents better than the analyst estimate of $0.13.

Revenue for the quarter was $94 million, versus the consensus of $86.1 million. Sees Q3 sales of $100.3-$103.2 million, versus the consensus of $92.32 million.

MBIA Inc.

Bond insurer MBIA Inc. surprised Wall Street with a second-quarter profit, which it says was partly the result of new clients.

MBIA Inc. is the target of a lawsuit by a group of 18 financial institutions claiming that the bond insurer's separation of its businesses early this year was fraudulent, The Wall Street Journal said Wednesday.