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PURCHASE, N.Y. (AP) — PURCHASE, N.Y. (AP) — MBIA Inc. (MBI) on Tuesday reported a loss of $254 million in its second quarter.

On a per-share basis, the Purchase, New York-based company said it had a loss of $5.34. Losses, adjusted for non-recurring costs and to account for discontinued operations, were $2.90 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MBI at https://www.zacks.com/ap/MBI