Banking Business Review (Free subscription) | 04/09/2008
Ambac Assurance, a principal operating subsidiary of Ambac Financial Group, has received regulatory approval from the Commissioner of Insurance of the State of Wisconsin to capitalize and reactivate Connie Lee Insurance Company, Ambac Assurance's financial guarantee subsidiary.
PR News Wire (Free subscription) | 03/09/2008
MIAMI, Sept. 3 /PRNewswire/ -- J W Korth/Shop4Bonds.com has issued Special Reports on Ambac Financial Corporation (ABK) and Fannie Mae (FNM) and Freddie Mac (FRE) fixed income securities. These reports are available on its website at shop4bonds.com. J W KORTH/SHOP4BONDS is a fully licensed securities broker dealer founded in 1982. Through its patent-pending internet bond execution platform, Shop4Bonds.com...
Boston Globe (Free subscription) | 03/09/2008
Shares of Pier 1 Imports Inc. tumbled Wednesday after the specialty home retailer said its same-store sales for the second quarter fell 1.7 percent.
Market Watch (Free subscription) | 03/09/2008
NEW YORK (MarketWatch) -- Shares of Ambac Financial led financial sector gainers Wednesday, jumping 25% and lifting the broader sector into positive territory after the firm received regulatory approval to launch a new bond insurance business.
Market Watch (Free subscription) | 03/09/2008
SAN FRANCISCO (MarketWatch) - Shares of Ambac Financial led financial sector gainers Wednesday, jumping 15% after the firm received regulatory approval to launch a new bond insurance business.
Calculated Risk (Free subscription) | 03/09/2008
Looks like the good insurer/bad insurer model is pushing ahead, per Bloomberg: Ambac Financial Group Inc., the world's second-biggest bond insurer, received approval from Wisconsin regulators to begin offering municipal bond insurance through a newly created insurer called Connie Lee. Ambac rose as much as 15 percent in late trading as Wisconsin regulators, which have jurisdiction over the New
Market Watch (Free subscription) | 02/09/2008
SAN FRANCISCO (MarketWatch) - Ambac Financial got regulatory approval on Tuesday to launch a new bond insurance business, an important step in the company's effort to recover from the housing crisis and broader credit crunch.
Market Watch (Free subscription) | 02/09/2008
Ambac Financial shares jump more than 15%, topping the evening's leading percentage gainers after the company receives approval to start a new bond insurance business.
Business Wire (Free subscription) | 02/09/2008
NEW YORK--(BUSINESS WIRE)--Ambac Financial Group, Inc. (NYSE: ABK) (Ambac) today released selected pre-tax financial data for the month of July, 2008. Ambac’s
Business Wire (Free subscription) | 02/09/2008
NEW YORK--(BUSINESS WIRE)--Ambac Financial Group, Inc. (NYSE: ABK) Ambac Assurance Corporation (Ambac Assurance) today announced that it has received regulatory approval from the
Market Watch (Free subscription) | 02/09/2008
SAN FRANCISCO (MarketWatch) -- Wisconsin Insurance Commissioner Sean Dilweg said on Tuesday that he approved plans by Ambac Financial to re-start the company's Connie Lee Insurance Company subsidiary as a new municipal bond insurer. "There is clearly a need for new players in the market," Dilweg said in a statement that was e-mailed to MarketWatch. "Ambac's strategy to reactivate its subsidiary Connie...
MarketBeat (Free subscription) | 28/08/2008
Shares of monoline insurers MBIA Inc. and Ambac Financial Group Inc. have rallied dramatically after news of a deal for MBIA to insure bonds guaranteed by struggling rival Financial Guaranty Insurance Co. The reaction from the credit markets, predictably, has not been as optimistic. MBIA announced a deal to insure bonds [...]
MarketBeat (Free subscription) | 28/08/2008
Shares of MBIA Inc. and Ambac Financial rose after MBIA said Wednesday that it will reinsure a $184 billion portfolio of U.S. public finance bonds insured by Financial Guaranty Insurance Co. MBIA will get about $741 million in unearned premiums for reinsuring the municipal bonds, and investors have responded strongly. [...]
Market Watch (Free subscription) | 28/08/2008
BOSTON (MarketWatch) -- Shares of MBIA Inc. were up 14% in premarket trading Thursday on news it will reinsure $184 billion of municipal bonds issued by Financial Guaranty Insurance Co. MBIA, a bond insurer, will receive $741 million for the deal. MBIA and another bond insurer, Ambac Financial Group Inc. , were among the top off-hours gainers ahead of Thursday's opening bell. Ambac shares were up...
Seeking Alpha (Free subscription) | 25/08/2008
Ambac Financial Group Inc. (ABK) Q2 2008 Earnings Call Complete Story »
