Ambac Financial Group Inc (AMBC) 25.68 $AMBC
Update: Bank Of America Sued Again By Ambac
Stone Fox Capital - at Seeking Alpha - Sat Jan 03, 12:16PM CST
AMBC: 25.68 (-0.04), BAC: 16.61 (-0.06)
Legal Issue for BofA Again: Ambac Sues over Faulty MBS - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jan 02, 10:20AM CST
BofA has been sued by Ambac Assurance Corp., which seeks to recoup losses of millions of dollars that arose from insuring nearly $1.7 billion worth of faulty MBS.
AMBC: 25.68 (-0.04), C: 51.20 (+0.31), BAC: 16.61 (-0.06), BK: 39.20 (-0.21)
Ambac sues BofA over mortgages
Seeking Alpha - at Seeking Alpha - Wed Dec 31, 11:23AM CST
AMBC: 25.68 (-0.04), BAC: 16.61 (-0.06)
Diana Adams to exit Ambac
Seeking Alpha - at Seeking Alpha - Tue Dec 23, 3:32PM CST
AMBC: 25.68 (-0.04)
Ambac Announces Leadership Changes
GlobeNewswire - Tue Dec 23, 3:15PM CST
Appoints Board Co-Chair Nader Tavakoli Interim President & CEO of Ambac Financial and Executive Chairman of Ambac Assurance
AMBC: 25.68 (-0.04), DYN: 28.39 (+0.01)
Ambac makes $1.137B of deferred payments
Seeking Alpha - at Seeking Alpha - Mon Dec 22, 11:10AM CST
AMBC: 25.68 (-0.04)
Ambac Makes $1.137 Billion of Deferred Payments
GlobeNewswire - Mon Dec 22, 10:37AM CST
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac" or the "Company"
, a holding company whose subsidiaries, including Ambac Assurance Corporation ("Ambac Assurance" , provide financial guarantees and other financial services, announced today that the Segregated Account of Ambac Assurance Corporation (the "Segregated Account" has made payments, in aggregate, of approximately $1.137 billion to holders of permitted policy claims that received a 25% Interim Payment (as defined in the Plan of Rehabilitation for the Segregated Account, as Amended and dated as of June 12, 2014 (the "Plan" ) in respect of such permitted policy claims prior to July 20, 2014.
AMBC: 25.68 (-0.04)
Ambac redeems 26.67% of surplus notes
Seeking Alpha - at Seeking Alpha - Thu Nov 20, 2:40PM CST
AMBC: 25.68 (-0.04)
Ambac Redeems a Portion of Surplus Notes as Planned
GlobeNewswire - Thu Nov 20, 2:27PM CST
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac" or the "Company" , a holding company whose subsidiaries, including Ambac Assurance Corporation ("Ambac Assurance" , provide financial guarantees and other financial services, announced today that Ambac Assurance and the Segregated Account of Ambac Assurance redeemed a portion of the Surplus Notes (excluding junior surplus notes) issued by each of them, in each case, at a redemption amount equal to 26.67% of the outstanding principal and accrued interest on such issuer's Surplus Notes as of July 20, 2014. The combined redemption amount paid to third parties was $413.6 million. Immediately after the partial redemption, $932.4 million principal amount of the Surplus Notes shall remain outstanding.
AMBC: 25.68 (-0.04)
Ambac to Participate in BTIG's Second Annual Bond Insurance Panel
GlobeNewswire - Mon Nov 17, 9:40AM CST
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac" or the "Company" , a holding company whose subsidiaries, including Ambac Assurance Corporation ("Ambac Assurance" , provide financial guarantees and other financial services, announced that Diana N. Adams, President and Chief Executive Officer, and David Trick, Chief Financial Officer and Treasurer, are scheduled to participate in BTIG's Second Annual Bond Insurance Panel Discussion & Group Meetings on November 19, 2014 in New York City. Ambac's third quarter 2014 Investor Presentation is located on the Company's website at www.ambac.com.
AMBC: 25.68 (-0.04)
Ambac's (AMBC) CEO Diana Adams on Q3 2014 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Tue Nov 11, 1:04PM CST
AMBC: 25.68 (-0.04)
Ambac pops higher following Q3 results; BTIG's Palmer comments
Seeking Alpha - at Seeking Alpha - Tue Nov 11, 8:43AM CST
AMBC: 25.68 (-0.04)
Ambac Financial EPS of $3.06
Seeking Alpha - at Seeking Alpha - Mon Nov 10, 3:36PM CST
AMBC: 25.68 (-0.04)
Ambac Announces Third Quarter 2014 Results
GlobeNewswire - Mon Nov 10, 3:20PM CST
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac" or the "Company" , a holding company whose subsidiaries, including Ambac Assurance Corporation ("Ambac Assurance" , provide financial guarantees and other financial services, today reported results for the three months ended September 30, 2014.
AMBC: 25.68 (-0.04)
Notable earnings after Monday’s close
Seeking Alpha - at Seeking Alpha - Sun Nov 09, 4:35PM CST
HK: 2.18 (-0.02), WWD: 48.59 (+0.11), LLNW: 2.99 (unch), FXEN: 1.99 (+0.10), RMTI: 11.17 (+0.15), CZR: 10.78 (+0.18), EGY: 5.86 (-0.06), ICUI: 88.98 (+0.42), ICEL: 5.27 (+0.02), SAAS: 9.53 (+0.21), DMD: 5.13 (+0.10), NPSP: 45.88 (+0.03), SCLN: 7.85 (+0.08), ATHX: 2.12 (unch), CMLS: 4.32 (+0.19), TC: 1.49 (+0.05), ATW: 33.75 (+0.63), CLUB: 6.94 (+0.10), RAX: 50.01 (+0.24), PTLA: 34.96 (+3.13), IPAR: 27.54 (unch), ATLS: 30.17 (+0.27), AMBC: 25.68 (-0.04), CUI: 6.29 (+0.16), PDLI: 7.28 (+0.03), OMER: 20.63 (+0.13), PRAA: 52.74 (-0.12), CARA: 10.96 (-0.03), HALO: 14.73 (+0.23), MODN: 11.64 (-0.01), CALL: 7.74 (+0.02), ASEI: 56.82 (+0.30), HGR: 22.98 (+0.15), ERII: 3.36 (+0.01)
Stockton's BK exit plan - leaving pensions untouched - is approved
Seeking Alpha - at Seeking Alpha - Fri Oct 31, 1:53PM CDT
MBI: 8.72 (+0.17), AMBC: 25.68 (-0.04), MUB: 109.95 (-0.13), XMPT: 26.55 (-0.02), TFI: 24.12 (-0.02), FMB: 51.97 (-0.03), PVI: 24.94 (-0.01), AGO: 26.41 (+0.15), RVNU: 26.11 (+0.06), CMF: 117.64 (-0.12), VRD: 29.81 (-0.02), PRB: 24.60 (+0.07), CXA: 24.00 (-0.03), PZA: 25.34 (-0.13), PWZ: 25.67 (-0.14)
Ambac to Release Third Quarter 2014 Earnings on November 10, 2014
GlobeNewswire - Mon Oct 27, 3:15PM CDT
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac" , a holding company whose subsidiaries provide financial guarantees and other financial services, will release its third quarter 2014 earnings on November 10, 2014, following the close of the market.
AMBC: 25.68 (-0.04)
Technical Report on Insurance Stocks - Unum, Principal Financial, FNF Group, Assured Guaranty, and Ambac Financial
PR Newswire - Mon Oct 27, 8:10AM CDT
Investor-Edge has initiated coverage on the following equities: Unum Group (NYSE: UNM), Principal Financial Group Inc. (NYSE: PFG), FNF Group (NYSE: FNF), Assured Guaranty Ltd (NYSE: AGO), and Ambac Financial Group Inc. (NASDAQ: AMBC). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Friday, October 24, 2014, ended on a positive note as the Dow Jones Industrial Average finished at 16,805.41, up 0.76% and the NASDAQ Composite closed at 4,483.72, up 0.69%. The S&P 500 finished the session 0.71% higher at 1,964.58. During the trading session, eight out of ten sectors finished on a higher note. The S&P 500 Financials Sector Index ended the day at 311.13, up 0.91%, with the index advancing 5.57% on YTD basis. Register for your complimentary reports on these five stocks at:
AGO: 26.41 (+0.15), AMBC: 25.68 (-0.04), PFG: 51.60 (+0.50), FNF: 38.17 (+0.83), UNM: 34.76 (+0.51)
'Fast Money' Recap: Time to Look for Buying Opportunities
at The Street - Fri Oct 17, 4:00AM CDT
The trading panel discussed whether the market has gone as low as it can and what stocks to buy now.
NFLX: 466.10 (+9.37), JPM: 59.67 (+0.10), EBAY: 56.47 (+1.73), MAT: 27.61 (+0.17), CHK: 21.08 (+0.58), AMBC: 25.68 (-0.04), GOOGL: 551.16 (+5.15), BAC: 16.61 (-0.06), GPS: 41.20 (-0.37), GDX: 21.26 (+0.11), MTW: 21.86 (+0.34), AAPL: 127.08 (+0.62), URI: 92.98 (+1.41)
Ambac to Redeem a Portion of Surplus Notes One Month Earlier Than Previously Announced
GlobeNewswire - Mon Oct 13, 4:49PM CDT
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac" , a holding company whose subsidiaries provide financial guarantees and other financial services to clients in both the public and private sectors globally, announced today that the Wisconsin Commissioner of Insurance (the "Commissioner" has approved the request of Ambac Assurance Corporation ("Ambac Assurance" to redeem its surplus notes on November 20, 2014, rather than December 22, 2014, in an amount equal to 26.67% of the outstanding principal and accrued interest on such surplus notes as of July 20, 2014 (the "Reconciliation Date" . The Segregated Account will also redeem its surplus notes (other than junior surplus notes) in a similar proportionate amount on November 20, 2014. The combined redemption amount payable to third parties is $413.6 million.
AMBC: 25.68 (-0.04)
Update: Bank Of America Sued Again By Ambac
Stone Fox Capital - at Seeking Alpha - Sat Jan 03, 12:16PM CST
AMBC: 25.68 (-0.04), BAC: 16.61 (-0.06)
Legal Issue for BofA Again: Ambac Sues over Faulty MBS - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jan 02, 10:20AM CST
BofA has been sued by Ambac Assurance Corp., which seeks to recoup losses of millions of dollars that arose from insuring nearly $1.7 billion worth of faulty MBS.
AMBC: 25.68 (-0.04), C: 51.20 (+0.31), BAC: 16.61 (-0.06), BK: 39.20 (-0.21)
Ambac sues BofA over mortgages
Seeking Alpha - at Seeking Alpha - Wed Dec 31, 11:23AM CST
AMBC: 25.68 (-0.04), BAC: 16.61 (-0.06)
Diana Adams to exit Ambac
Seeking Alpha - at Seeking Alpha - Tue Dec 23, 3:32PM CST
AMBC: 25.68 (-0.04)
Ambac Announces Leadership Changes
GlobeNewswire - Tue Dec 23, 3:15PM CST
Appoints Board Co-Chair Nader Tavakoli Interim President & CEO of Ambac Financial and Executive Chairman of Ambac Assurance
AMBC: 25.68 (-0.04), DYN: 28.39 (+0.01)
Ambac makes $1.137B of deferred payments
Seeking Alpha - at Seeking Alpha - Mon Dec 22, 11:10AM CST
AMBC: 25.68 (-0.04)
Ambac Makes $1.137 Billion of Deferred Payments
GlobeNewswire - Mon Dec 22, 10:37AM CST
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac" or the "Company"
, a holding company whose subsidiaries, including Ambac Assurance Corporation ("Ambac Assurance" , provide financial guarantees and other financial services, announced today that the Segregated Account of Ambac Assurance Corporation (the "Segregated Account" has made payments, in aggregate, of approximately $1.137 billion to holders of permitted policy claims that received a 25% Interim Payment (as defined in the Plan of Rehabilitation for the Segregated Account, as Amended and dated as of June 12, 2014 (the "Plan" ) in respect of such permitted policy claims prior to July 20, 2014. AMBC: 25.68 (-0.04)
Ambac redeems 26.67% of surplus notes
Seeking Alpha - at Seeking Alpha - Thu Nov 20, 2:40PM CST
AMBC: 25.68 (-0.04)
Ambac Redeems a Portion of Surplus Notes as Planned
GlobeNewswire - Thu Nov 20, 2:27PM CST
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac" or the "Company"
, a holding company whose subsidiaries, including Ambac Assurance Corporation ("Ambac Assurance" , provide financial guarantees and other financial services, announced today that Ambac Assurance and the Segregated Account of Ambac Assurance redeemed a portion of the Surplus Notes (excluding junior surplus notes) issued by each of them, in each case, at a redemption amount equal to 26.67% of the outstanding principal and accrued interest on such issuer's Surplus Notes as of July 20, 2014. The combined redemption amount paid to third parties was $413.6 million. Immediately after the partial redemption, $932.4 million principal amount of the Surplus Notes shall remain outstanding. AMBC: 25.68 (-0.04)
Ambac to Participate in BTIG's Second Annual Bond Insurance Panel
GlobeNewswire - Mon Nov 17, 9:40AM CST
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac" or the "Company"
, a holding company whose subsidiaries, including Ambac Assurance Corporation ("Ambac Assurance" , provide financial guarantees and other financial services, announced that Diana N. Adams, President and Chief Executive Officer, and David Trick, Chief Financial Officer and Treasurer, are scheduled to participate in BTIG's Second Annual Bond Insurance Panel Discussion & Group Meetings on November 19, 2014 in New York City. Ambac's third quarter 2014 Investor Presentation is located on the Company's website at www.ambac.com. AMBC: 25.68 (-0.04)
Ambac's (AMBC) CEO Diana Adams on Q3 2014 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Tue Nov 11, 1:04PM CST
AMBC: 25.68 (-0.04)
Ambac pops higher following Q3 results; BTIG's Palmer comments
Seeking Alpha - at Seeking Alpha - Tue Nov 11, 8:43AM CST
AMBC: 25.68 (-0.04)
Ambac Financial EPS of $3.06
Seeking Alpha - at Seeking Alpha - Mon Nov 10, 3:36PM CST
AMBC: 25.68 (-0.04)
Ambac Announces Third Quarter 2014 Results
GlobeNewswire - Mon Nov 10, 3:20PM CST
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac" or the "Company"
, a holding company whose subsidiaries, including Ambac Assurance Corporation ("Ambac Assurance" , provide financial guarantees and other financial services, today reported results for the three months ended September 30, 2014. AMBC: 25.68 (-0.04)
Notable earnings after Monday’s close
Seeking Alpha - at Seeking Alpha - Sun Nov 09, 4:35PM CST
HK: 2.18 (-0.02), WWD: 48.59 (+0.11), LLNW: 2.99 (unch), FXEN: 1.99 (+0.10), RMTI: 11.17 (+0.15), CZR: 10.78 (+0.18), EGY: 5.86 (-0.06), ICUI: 88.98 (+0.42), ICEL: 5.27 (+0.02), SAAS: 9.53 (+0.21), DMD: 5.13 (+0.10), NPSP: 45.88 (+0.03), SCLN: 7.85 (+0.08), ATHX: 2.12 (unch), CMLS: 4.32 (+0.19), TC: 1.49 (+0.05), ATW: 33.75 (+0.63), CLUB: 6.94 (+0.10), RAX: 50.01 (+0.24), PTLA: 34.96 (+3.13), IPAR: 27.54 (unch), ATLS: 30.17 (+0.27), AMBC: 25.68 (-0.04), CUI: 6.29 (+0.16), PDLI: 7.28 (+0.03), OMER: 20.63 (+0.13), PRAA: 52.74 (-0.12), CARA: 10.96 (-0.03), HALO: 14.73 (+0.23), MODN: 11.64 (-0.01), CALL: 7.74 (+0.02), ASEI: 56.82 (+0.30), HGR: 22.98 (+0.15), ERII: 3.36 (+0.01)
Stockton's BK exit plan - leaving pensions untouched - is approved
Seeking Alpha - at Seeking Alpha - Fri Oct 31, 1:53PM CDT
MBI: 8.72 (+0.17), AMBC: 25.68 (-0.04), MUB: 109.95 (-0.13), XMPT: 26.55 (-0.02), TFI: 24.12 (-0.02), FMB: 51.97 (-0.03), PVI: 24.94 (-0.01), AGO: 26.41 (+0.15), RVNU: 26.11 (+0.06), CMF: 117.64 (-0.12), VRD: 29.81 (-0.02), PRB: 24.60 (+0.07), CXA: 24.00 (-0.03), PZA: 25.34 (-0.13), PWZ: 25.67 (-0.14)
Ambac to Release Third Quarter 2014 Earnings on November 10, 2014
GlobeNewswire - Mon Oct 27, 3:15PM CDT
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac"
, a holding company whose subsidiaries provide financial guarantees and other financial services, will release its third quarter 2014 earnings on November 10, 2014, following the close of the market. AMBC: 25.68 (-0.04)
Technical Report on Insurance Stocks - Unum, Principal Financial, FNF Group, Assured Guaranty, and Ambac Financial
PR Newswire - Mon Oct 27, 8:10AM CDT
Investor-Edge has initiated coverage on the following equities: Unum Group (NYSE: UNM), Principal Financial Group Inc. (NYSE: PFG), FNF Group (NYSE: FNF), Assured Guaranty Ltd (NYSE: AGO), and Ambac Financial Group Inc. (NASDAQ: AMBC). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Friday, October 24, 2014, ended on a positive note as the Dow Jones Industrial Average finished at 16,805.41, up 0.76% and the NASDAQ Composite closed at 4,483.72, up 0.69%. The S&P 500 finished the session 0.71% higher at 1,964.58. During the trading session, eight out of ten sectors finished on a higher note. The S&P 500 Financials Sector Index ended the day at 311.13, up 0.91%, with the index advancing 5.57% on YTD basis. Register for your complimentary reports on these five stocks at:
AGO: 26.41 (+0.15), AMBC: 25.68 (-0.04), PFG: 51.60 (+0.50), FNF: 38.17 (+0.83), UNM: 34.76 (+0.51)
'Fast Money' Recap: Time to Look for Buying Opportunities
at The Street - Fri Oct 17, 4:00AM CDT
The trading panel discussed whether the market has gone as low as it can and what stocks to buy now.
NFLX: 466.10 (+9.37), JPM: 59.67 (+0.10), EBAY: 56.47 (+1.73), MAT: 27.61 (+0.17), CHK: 21.08 (+0.58), AMBC: 25.68 (-0.04), GOOGL: 551.16 (+5.15), BAC: 16.61 (-0.06), GPS: 41.20 (-0.37), GDX: 21.26 (+0.11), MTW: 21.86 (+0.34), AAPL: 127.08 (+0.62), URI: 92.98 (+1.41)
Ambac to Redeem a Portion of Surplus Notes One Month Earlier Than Previously Announced
GlobeNewswire - Mon Oct 13, 4:49PM CDT
Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac"
, a holding company whose subsidiaries provide financial guarantees and other financial services to clients in both the public and private sectors globally, announced today that the Wisconsin Commissioner of Insurance (the "Commissioner" has approved the request of Ambac Assurance Corporation ("Ambac Assurance" to redeem its surplus notes on November 20, 2014, rather than December 22, 2014, in an amount equal to 26.67% of the outstanding principal and accrued interest on such surplus notes as of July 20, 2014 (the "Reconciliation Date" . The Segregated Account will also redeem its surplus notes (other than junior surplus notes) in a similar proportionate amount on November 20, 2014. The combined redemption amount payable to third parties is $413.6 million. AMBC: 25.68 (-0.04)
