The Earth Times Online Newspaper (Free subscription) | 29/12/2008
CHICAGO - Zacks.com announces the latest Industry Outlook. Today’s outlook from Zacks Equity Research analyst Eric Rothmann who discusses the financial sector. Highlighted stocks include: Ambac Financial (NYSE: ABK), Huntington Bancshares Inc. (NYSE: HBAN), MGIC Invest
The Earth Times Online Newspaper (Free subscription) | 29/12/2008
CHICAGO - Zacks.com announces the latest Industry Outlook. Today’s outlook from Zacks Equity Research analyst Eric Rothmann who discusses the financial sector. Highlighted stocks include: Ambac Financial (NYSE: ABK), Huntington Bancshares Inc. (NYSE: HBAN), MGIC Invest
Business Wire (Free subscription) | 29/12/2008
Zacks Analyst Blog Highlights: Ambac Financial, Huntington Bancshares, MGIC Investment Corporation and MBIA Inc. )--Zacks.com announces the latest Industry Outlook. Today’s outlook from Zacks Equity Research analyst Eric Rothmann who discusses the financial sector. Highlighted stocks include: Ambac Financial (NYSE: ABK), Huntington Bancshares Inc. (NYSE: HBAN), MGIC Investment Corporation...
Business Wire (Free subscription) | 03/12/2008
NEW YORK--(BUSINESS WIRE)--Ambac Financial Group, Inc. (NYSE: ABK) (Ambac) today announced that its Board of Directors voted to eliminate its regular quarterly dividend which most recently had been set at $0.01. The
Memex 1.1 (Free subscription) | 04/01/2009
... International Group, Fannie Mae, Freddie Mac, General Electric and the municipal bond guarantors Ambac Financial and MBIA all had triple-A ratings. (G.E. still does!) Large investment banks like Lehman and Merrill Lynch all had solid investment grade ratings. It’s almost as if the higher the rating of a financial institution, the more likely it was to contribute to financial catastrophe....
DeepMarket Stock Market Blog (Free subscription) | 11/12/2008
... period with about a 86% match. Chemed Corp ( CHE ) over a 84 day period with about a 86% match. Ambac Financial Group Inc. 7.00% Debentures due October 17 2051 ( AFK ) over a 7 day period with about a 86% match. Partnerre Ltd ( PRE ) over a 84 day period with about a 85% match. Western Asset Premier Bond Fd ( WEA ) over a 24 day period with about a 85% match. Kodiak Oil & Gas Corp ( KOG...
Market Watch (Free subscription) | 03/12/2008
SAN FRANCISCO (MarketWatch) -- Ambac Financial Group Inc. said late Wednesday its board decided to eliminate the company's 1-cent quarterly dividend to preserve cash. The company estimates eliminating the dividend will save about $11.5 million a year. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this...
Blogrunner (Free subscription) | 06/12/2008
... Journal, credit rating agency Standard & Poor's sharply downgraded its rating for bond insurer Ambac Financial, anticipating that the company's debt obligations would continue to absorb losses. Why should we care? The Seattle TimesThe Securities and Exchange Commission on Wednesday delayed a plan to adopt new rules aimed at stemming conflicts of interest in Wall Street's credit rating industry....
The Street (Free subscription) | 04/12/2008
The company said the dividend suspension will save $11.5 million annually and help assuage its liquidity problems.
