|Bid||21.98 x 1300|
|Ask||21.99 x 800|
|Day's Range||21.94 - 22.35|
|52 Week Range||13.17 - 23.34|
|PE Ratio (TTM)||10.09|
|Earnings Date||Nov 6, 2018 - Nov 12, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||25.33|
Short interest is low for AMBC with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ETFs that hold AMBC had net inflows of $564 million over the last one-month.
Puerto Rico’s preliminary debt-restructuring deal with owners of bonds backed by the government’s sales-tax collections -- known as Cofinas -- has triggered rallies in bond insurers MBIA Inc., Ambac Financial Group Inc. and Assured Guaranty. The companies had faced investor concerns about the Puerto Rican government’s record bankruptcy, and about a difficult recovery after hurricanes struck the island last year. "We would expect a very positive reaction" from MBIA’s shares "given its concentrated exposure, though Assured Guaranty should see a positive reaction as well given the agreement can serve as a blueprint for future settlements on other Puerto Rico exposures," KBW analyst Bose George writes in a note.
NEW YORK, NY / ACCESSWIRE / August 9, 2018 / Ambac Financial Group, Inc. (NASDAQ: AMBC ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 9, 2018 at 8:30 AM Eastern ...
The New York-based company said it had profit of 9 cents per share. Earnings, adjusted for non-recurring costs, came to 78 cents per share. The bond insurer posted revenue of $150.6 million in the period. ...
Net Income of $4.3 million or $0.09 per Diluted Share and Adjusted Earnings 1 of $36.5 million or $0.78 per Diluted Share for the Quarter Ended June 30, 2018 Book Value per Share decreased $1.00 to $39.70 ...
Ambac Financial Group, Inc. (AMBC) (“AFG”), a holding company whose subsidiaries, including Ambac Assurance Corporation (“AAC” and together with AFG, “Ambac”), provide financial guarantees, successfully completed Ambac’s previously-announced offer to exchange (the “Exchange Offer”) AAC’s outstanding Auction Market Preferred Shares (“AMPS”) for AAC’s 5.1% senior surplus notes due 2020 (the “Senior Surplus Notes”) and, from AFG, cash and warrants to purchase AFG common stock. The Exchange Offer expired on August 1, 2018, at 5:00 p.m., New York City time, with an aggregate of 84.4% of AMPS having been tendered.
Research reports have been issued by WallStEquities.com on Assured Guaranty Ltd (NYSE: AGO), Ambac Financial Group Inc. (NASDAQ: AMBC), Fidelity National Financial Inc. (NYSE: FNF), and NMI Holdings Inc. (NASDAQ: NMIH). On Monday, shares in Hamilton, Bermuda headquartered Assured Guaranty Ltd rose slightly by 0.51%, ending the day at $37.77.
Ambac Financial Group, Inc. (AMBC) (“Ambac”), a holding company whose subsidiaries, including Ambac Assurance Corporation (“AAC” or "Ambac Assurance" and together with Ambac (the "Company"), provide financial guarantees, discloses preliminary financial results for the quarter ended June 30, 2018, in connection with the exchange offer launched for AAC’s Auction Market Preferred Shares ("AMPS") by the Company on July 3, 2018. Each of the line items presented represents a range of preliminary estimated unaudited financial results we expect to report for the period, which remain subject to the completion of management's and the audit committee's final reviews and other financial closing procedures.
NEW YORK, July 03, 2018-- Ambac Financial Group, Inc., a holding company whose subsidiaries, including Ambac Assurance Corporation, provide financial guarantees, announced that on July 3, 2018, Ambac commenced ...
Research reports have been issued by WallStEquities.com on Ambac Financial Group Inc. (NASDAQ: AMBC), Assured Guaranty Ltd (NYSE: AGO), Fidelity National Financial Inc. (NYSE: FNF), and NMI Holdings Inc. (NASDAQ: NMIH). Surety and Title Insurance companies engage in underwriting insurance policies to protect owners' and lenders' interest in real property against loss and liability caused by title defects and related matters.All you have to do is sign up today for this free limited time offer by clicking the link below.
Ambac Financial Group, Inc. (AMBC) (“AFG”), a holding company whose subsidiaries, including Ambac Assurance Corporation (“AAC” and together with AFG, “Ambac”), provide financial guarantees, announced today that Ambac has entered into a preferred stock repurchase and support agreement with holders (the “Holders”) of AAC’s outstanding Auction Market Preferred Shares (“AMPS”). Under the terms of the agreement Ambac will purchase AMPS held by the Holders in exchange for AAC senior surplus notes and cash and warrants from AFG. Holders of approximately 89% of the aggregate liquidation preference of outstanding AMPS have agreed to support and vote in favor of the Transactions (as defined below) and have also committed to tender 80% of the $660.2 million aggregate liquidation preference of outstanding AMPS.
Court filings: KPMG employees would receive bonuses if their engagements received no comments from inspectorsReutersFormer KPMG executives are on trial for obtaining confidential information about audit inspections. The auditor of some of the world’s largest banks including Citigroup, Credit Suisse and Deutsche Bank was tipped off before a regulator inspected them. It’s been previously reported that KPMG executives were able to extract from the regulator, the Public Company Accounting Oversight Board, confidential information ahead of inspections, and use that information to correct their work and at least in one instance, withdrawn an opinion.
NEW YORK, June 19, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Diamondback ...
NEW YORK , May 31, 2018 /PRNewswire/ -- S&P Midcap 400 constituent Westar Energy Inc. (NYSE: WR), to be renamed Evergy, will replace Navient Corp. (NASD: NAVI) in the S&P 500, Navient will replace Westar ...
NEW YORK, May 30, 2018-- Ambac Financial Group, Inc., a holding company whose subsidiaries, including Ambac Assurance Corporation, provide financial guarantees, announced today that the Wisconsin Office ...
Gains were broad based as eight out of nine sectors finished the trading session in green. WallStEquities.com has initiated research reports on the following Surety & Title Insurance stocks: Ambac Financial Group Inc. (NASDAQ: AMBC), Assured Guaranty Ltd (NYSE: AGO), Fidelity National Financial Inc. (NYSE: FNF), and NMI Holdings Inc. (NASDAQ: NMIH).
On a per-share basis, the New York-based company said it had net income of $6.70. Earnings, adjusted for non-recurring costs, came to $7.22 per share. The bond insurer posted revenue of $174.1 million ...
Among IBD's 197 industry groups, defensive plays were doing well Friday. The day's biggest winners included discount chains, dairy and meat stocks.