ABK
ABK Articles
Warren Buffett of Berkshire Hathaway (NYSE: BRK-A, BRK-B) just appeared on CNBC with his plan to save the bond insurance business in the U.S. for municipal bond issuers. He noted that last week he...
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The head of Deutsche Bank (NYSE: DB) said the US could be driven into a deep recession if the muni insurace companies including MBIA (NYSE: MBI) and Ambac (NYSE: ABK) fail. The CEO said in an...
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Citigroup (NYSE: C) is trading off over 5% today. Wachovia (NYSE: WB) and JP Morgan (NYSE: JPM) are down over 3%. Is it any wonder? S&P today said that its potential downgrade of Ambac (NYSE:...
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Ambac Financial Group Inc. (NYSE: ABK) and MBIA (NYSE: MBI) are both trading higher in pre-market trading this morning. CNBC squeezed in a report after covering the Yahoo!-Microsoft that there are...
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Wall St. thought things would be bad when MBIA (MBI) reported earnings, but they were worse. The largest bond insurer posted a loss of $2.3 billion, or $18.61 a share, compared with profit of $181...
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Ambac (ABK) and MBIA (MBI) figured they could improve their earnings by putting money into swaps and derivative instruments. For years they were not allowed to. They had to watch big banks and...
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As the selling of bank shares has fallen off, Wall St. has begun to believe that the worst of the global banking crisis is in the rear view mirror. Not likely. If investors are surprised that...
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The head of insurance regulation in NY State is busy as a bee trying to bail out Ambac (ABK) and MBIA (MBI). According to the FT "Eric Dinallo, the New York state insurance superintendent, is being...
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According to Reuters, Microsoft (MSFT) posted a 79% increase in proffits. Reuters writes that Alan Greenspan says the US is not yet in a recession. Reuters reports that the CEO of Sony (SNE) says...
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Goldman Sachs issued an interesting note on the various bond insurers, although some of this data may have been put out yesterday. The firm is listing three scenario valuation assumptions for:...
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People still take about how Hannibal crossed the Alps to attack the Romans in 218 BC. Years from now they will probably do the same about the big 600 point turnaround on Wall St. that moved the...
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Watch for a big run-up in Ambac (NYSE: ABK) and MBIA (NYSE: MBI) tomorrow. These stocks had major run-ups today in the last 90 minutes of trading as word of this began coming out, and may be part of...
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According to Reuters, Apple’s (AAPL) forecast for its next quarter disappointed Wall St. sending shares down 13%. Reuters writes that Texas Instruments (TXN) posted higher profits. Reuters reports...
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There was an interesting article in this weekend’s edition of Barron’s. The financial weekly bible is noting that, despite the turmoil and perhaps terminal verdict of bond insurers, there may...
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These are not the only analyst calls out there, but these are the top calls that a673b.bigscoots-temp.com is focusing on today: Ambac (ABK), M B I A Inc. (MBI), and Security Capital Assurance (SCA) were...
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