ABK
ABK Articles
According to Reuters, IBM (IBM) issued a strong forecast for next year. Reuters writes that Bush and Congress are looking at a $150 billion package to improve the economy. Reuters reports that...
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Shares of Ambac Financial Group, Inc. (NYSE: ABK) are being crushed even harder today than yesterday by more than 60% to around $5.00. The problem is that Moody’s has put it under review for a...
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According to Reuters, SAP (SAP) sees no global slowdown in its results. Reuters reports that Dell (DELL) may be growing again according to IDC numbers. Reuters writes that Delta (DAL) and Northwest...
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After the financial meltdown and after the new tech wreck, many of the same stocks and same REIT’s keep appearing over and over on the list of new 52-week lows. Here are some others that might...
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Ambac Financial Group, Inc. (NYSE: ABK) has finally come clean, but this coming clean is so brutal that it will be dirty. Below are some of the summary changes, many of which are substantial: AMBAC...
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There have been major reports for days and weeks that have revolved around many financial services, banks, lenders, and the like merging. The truth is that the carnage in the financial sector is...
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Goldman Sachs has lowered estimates on many financial services players this morning: AllianceBernstein (AB) (buy); AMBAC Financial (ABK) (neutral); Blackrock (BLK) (buy); Calamos Asset Mgmt. (CLMS)...
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Perhaps the fact that Berkshire Hathaway (BRK.A) got into the bond insurance business just as it was falling apart was not entirely due to the genius of Warren Buffett. According to the FT, Mr....
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For the December 14 period, short interest in financial stocks sky-rocketed compared to figures on November 30. Shares sold short in Citigroup (C) grew 20 million to 104.9 million. Shares short in...
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We have been pretty critical of the ratings agencies not being on their toes and calling on things far too late. In fact, I have been an anti-fan of theirs all the way back to Enron. Today is...
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These are not the only analyst calls moving stocks today in pre-market trading, but these are the top calls that a673b.bigscoots-temp.com is reviewing this morning: AMBAC Financial (ABK) raised to Outperform...
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If you think the "independent ratings agencies" are your friend and are out there looking out for your best interest, you have already been told time after time that they are not. We’ve said it,...
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According to Reuters, Goldman Sachs (GS) issued a report saying the housing sector had much further to fall and that some financial institutions would have to raise money to stay in business. The...
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AMBAC (ABK) Bond insurance company dropping like a rock on fears that it has huge exposures to CDOs. Down to $21.62 from 52-week high of $96.10. Security Capital Assurance (SCA) Another bond...
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Moody’s (MCO) give credit rating of "Aa1" to both Ambac (ABK) and MBIA (MBI). But, no one else on Wall St. seems to see it that way. According to Reuters "at Thursday’s close, Ambac’s swaps...
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