All Posts Tagged With: "ABK"
(ABK) Ambac Financial Group Plunges on Wider Loss
Share price of Ambac Financial Group Inc. (ABK) plunged approximately 23.3% on Tuesday to close at $1.12 after the company reported its first quarter 2010 adjusted net loss of $0.68 per share, compared with...
(ABK) Ambac Financial Group Reverses Loss
After the closing bell on Thursday, Ambac Financial Group (ABK) reported fourth quarter earnings of $1.93 per share. Last year, the company reported a loss of $8.14 per share. Earnings were aided by tax benefit...
(ABK) Ambac Financial Group Sees Moody’s Rating Cut
Last week, rating agency Moody’s cut Ambac Financial Group’s (ABK) debt rating to “C” from “Ca.” This move was fueled by Ambac’s announcement that it might seek bankruptcy protection...
(ABK) Ambac Financial Group Unit Faces Standard & Poor’s Downgrades
Yesterday, the rating agency Standard & Poor’s slashed the rating of Ambac Assurance (“AAC”), a unit of Ambac Financial Group (ABK), to “R” from “CC.” This move was fueled...
(ABK) Ambac Financial Group Sues Credit Suisse
Ambac Assurance Corp, a unit of Ambac Financial Group Inc. (ABK) has sued Credit Suisse Group (CS), alleging the company misrepresented the...
(ABK) Ambac Financial Group Falls Below NYSE Standards
Ambac Financial Group (ABK) yesterday announced that it has received notice from New York Stock Exchange (NYSE) that the company has breached the exchange’s listing standard with regard to its share price.
The...
(ABK) Ambac Financial Group Faces Liquidity Crunch
In its quarterly filing on Monday, Ambac Financial Group (ABK) revealed that it is facing liquidity constraints. At the end of the third quarter of 2009, the company’s liquidity consisted of $164.7 million...
(ABK) Ambac Financial Group’s Loss is Wider than Expected
Ambac Financial Group’s (ABK) third-quarter loss of $2.35 per share was wider than the Zacks Consensus Estimate of a loss of $1.22 per share. Last year, the company had reported...
(MBI) MBIA Incorporated Slashed Sub-Investment Grade
Note: We are re-issuing this post after correcting a mistake in the original post that ran yesterday.
3Oct2009 | vitalstocks | 0 comments | Continued