ABK
ABK Articles
According to Reuters, lenders and Clear Channel (CCU) have reached an agreement for an LBO of the company. Reuters writes that Carl Icahn may mount a proxy fight for control of Yahoo! (YHOO) Reuters...
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Not all financial shares are created equal, at least no according to short bets made on NYSE companies for the period ending. April 30 compared to numbers on April 15. Short interest in Washington...
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Ambac (ABK) Big loss for quarter. Falls to $3.08 from 52-week high of $96.10. Arrow Electronics (ARW) Drop off in first quarter profit. Sells down to $26.58 from 52-week high of $44.95. McClatchy...
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Ambac Financial Group Inc. (NYSE: ABK) saw yet another huge loss today, and as this is still key for system-wide "counterparty risk" concerns this is a drag on the market. On an operational basis,...
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Revenge is a dish best served cold. The former CEO of UBS (UBS), pushed out by the bank’s current chairman, has suggest that the huge financial firm be broken up. According to The Wall Street...
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According to Reuters, gas price are at $3.20 a gallon and could rise another $.20 to $.30 in the next month. Reuters writes that Chevron will develop two major projectsw in Asia. Reuters reports that...
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At the end of the week, Ambac (NYSE: ABK) raised $1.5 billion and was able to keep it "Aaa" rating, essential for the company and the bonds it insures. The capital may have solved some of Ambac’s...
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Ambac Financial Group, Inc. (NYSE: ABK) did manage to raise its additional $1.5 Billion in new capital as the company tries to maintain its Triple-A ratings. Ambac priced 185.2 million common...
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Today was the day the roof officially fell in on the US economy. News from Europe involving bank trouble at UBS (NYSE: UBS) and an inadequate rescue of Ambac (NYSE: ABK) helped push at least a half a...
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According to Reuters, H&R Block posted a large quarterly loss. Reuters writes that the service sector slump is pulling down the economy. Reuters writes that Ambak (ABK) raised at least $1.5...
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The biggest question running around Wall St. is how much more cash is going to have to go into the sink hole of banks, brokerages, and insurance companies. The estimates for further subprime...
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According to Reuters February car sales dropped sharply especially for US made vehicles. Reuters writes that BHP Billiton (BHP) is working on raising $55 billion for its potential takeover of Rio...
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Security Capital Assurance Ltd. (NYSE: SCA) has been terminated from coverage at bulge bracket firm Goldman Sachs after the company has seen shares plummet over recent months. The company noted...
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It is no great mystery that Warren Buffett of Berkshire Hathaway (NYSE: BRK.A, NYSE: BRK.B) is still one of the most followed and most revered "long term value investors" on the planet. Any time...
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Ambac (NYSE: ABK) was able to keep its Moody’s Aaa rating, In the process it had to cut its dividend from $.07 to .01. The bond insurance company said it would also suspend all structured finance...
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