The following video is from Tuesday's MarketFoolery podcast, in which host Chris Hill, along with analysts Jason Moser and Matt Koppenheffer, discuss the top business and investing stories of the day.
Shares of Bank of America (NYSE:BAC) hit a two-year high on Tuesday in the wake of a $1.6 billion settlement with mortgage insurer MBIA (NYSE:MBI). Shares of MBIA were up big on the news, too. In this installment of MarketFoolery, our analysts discuss what the settlement means for investors.
The relevant video segment can be found between 6:12 and 10:16.
Chris Hill and Jason Moser have no position in any stocks mentioned. Matt Koppenheffer and The Motley Fool own shares of Bank of America. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.