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updated: Sat Jul 19, 2008 07:23 am

Ambac Financial Group News

News on Ambac Financial Group continually updated from thousands of sources around the net.

10 hrs ago | Casper Star-Tribune

WMC redeems $27 million bond series

The Wyoming Medical Center hopes to buy out a $27,595,000 bond series, said chief financial officer Nancy Brandt.

Comment?

Related Topix: Medicine, Hospital Administration, Healthcare Industry, Insurance

Fri Jul 18, 2008

Blogging Stocks

Great News! Citi loses $2.5 billion

Posted Jul 18th 2008 8:27AM by Peter Cohan Filed under: Earnings reports , Citigroup Inc.

Comment?

Related Topix: Banking, Financial Services, Citigroup, Insurance

Mon Jul 14, 2008

Seeking Alpha

MBIA, Ambac and GICs: The Other View

One hedge fund manager also emailed me with the same possibility that the GICs issued by MBIA will impact parent company liquidity through cross default provisions.

Comment?

Related Topix: MBIA, Insurance

Sun Jul 13, 2008

Business Wire

Public relations, press release distribution, investor relations, SEC filing

The diverse and thriving small business community in the Greater Seattle area continues to be a vital component of the region's - 07/07/2008 - 12:36 PM NEW YORK-- --Ambac Financial Group, Inc.

Comment?

Related Topix: Biotech, Altus Pharmaceuticals, Insurance, Vallejo Metro, Napa, CA

Sat Jul 12, 2008

Earthlink

California dreaming _ can McCain win?

Ambac Financial Group Inc. said Monday it's had positive discussions with regulators over a plan to funnel $850 million into an insurance unit called Connie... More California dreaming _ can McCain win? By ...

Comment?

Related Topix: Insurance, US Politics, US News, Al Gore, Mitt Romney, John McCain, George Bush

Fri Jul 11, 2008

Blogging Stocks

Cramer on BloggingStocks: The mortgage insurers created this mess

TheStreet.com's Jim Cramer says Fannie and Freddie aren't the true culprits here.

Comment?

Related Topix: Insurance, MBIA, Banking, Bank of America, Financial Services, Mgic Invt Corp Wis, Home, Mortgage

Thu Jul 10, 2008

Business Wire

Public relations, press release distribution, investor relations, SEC filing

Fitch has placed the following state loan pool bond programs which use debt service reserve fund surety bonds from MBIA Insurance Corp.

Comment?

Related Topix: Insurance, MBIA, Los Angeles Metro, World News, Africa, Tanzania

Wed Jul 09, 2008

The Motley Fool

Surprising Low-Rated Stocks the Leaders Love

Piggybacking on the picks of great investors and money managers can often lead to big rewards -- especially when the stocks in question are beaten down.

Comment?

Related Topix: Insurance, Retail, Financial Markets, Home, Mortgage, Wal Mart Stores

Earthlink

Obama's plane lands in St. Louis for maintenance

Ambac Financial Group Inc. said Monday it's had positive discussions with regulators over a plan to funnel $850 million into an insurance unit called Connie... More Obama's plane lands in St.

Comment?

Related Topix: Insurance, US Politics, US News, Barack Obama, Federal Aviation Administration, US Senate, Democrat

Tue Jul 08, 2008

MarketWatch

Ambac surges after disclosing collateral-posting requirements

Ambac Financial shares surged more than 50% on Tuesday after the bond insurer disclosed collateral-posting requirements for its guaranteed investment contract business that were smaller than some investors ...

Comment?

Related Topix: Insurance

Legal Search Engine Blog

Negative Watch Rating On State Loan Bonds

Fitch Places Two State Loan Pool Programs on Rating Watch Negative CHICAGO-- July 07, 2008 --Fitch has placed the following state loan pool bond programs which use debt service reserve fund surety bonds from ...

Comment?

Related Topix: Insurance

Mon Jul 07, 2008

Earthlink

NBC to use Olympics to see how people use media

Ambac Financial Group Inc. said Monday it's had positive discussions with regulators over a plan to funnel $850 million into an insurance unit called Connie... More NBC to use Olympics to see how people use ...

Comment?

Related Topix: Insurance, TV, Electronics, Cell Phones, Cellphones

MarketWatch

Ambac hopeful on approval for $850 mln Connie Lee capitalization

Ambac Financial Group Inc. said Monday it's had positive discussions with regulators over a plan to funnel $850 million into an insurance unit called Connie Lee.

Comment?

Related Topix: Insurance

Sun Jul 06, 2008

Washington Post

MBIA sold $4 bln of assets to meet obligations

By Joan Gralla Reuters Monday, June 30, 2008; 1:51 PM NEW YORK - MBIA Inc said on Monday that after selling $4 billion of assets in the second quarter, it now has enough cash and collateral to meet the extra ...

Comment?

Related Topix: Insurance, MBIA

Sat Jul 05, 2008

Bloomberg

Russell Small-Cap Index Falls Four Times as Fast as S&P 500 on Reshuffle

The Russell 2000 Index fell four times as fast as the Standard & Poor's 500 Index this week, dragged down by companies added to the small-cap stock benchmark in its annual reconstitution.

Comment?

Related Topix: Financial Markets, Insurance

Fri Jul 04, 2008

Los Angeles Times

Oil falls again, but stocks end mixed

Stocks ended a wobbly session with a mixed performance Wednesday as concerns about the financial sector eroded enthusiasm over a continued decline in oil prices and a report indicating modest growth in the ...

Comment?

Related Topix: Insurance, Financial Markets

Thu Jul 03, 2008

MarketWatch

Ambac plans buyback after stock offering from March is complete

Ambac Financial said late Thursday that it will buy back some of its shares after a stock offering from March is complete.

Comment?

Related Topix: Insurance

Bloomberg

Municipal Market's `Fire in the Disco' Burns Hospitals, Schools, Cities

MBIA Inc. and Ambac Financial Group Inc. lost their AAA credit ratings. The biggest hospital in Sarasota, Florida, is paying the price.

Comment?

Related Topix: Insurance, MBIA

Wed Jul 02, 2008

Earth Times

Fitch Places Military Housing Transactions on Rating Watch Negative

Fitch is placing the following military housing transaction ratings, with surety bonds from MBIA and AMBAC, on Rating Watch Negative: --Pacific Beacon LLC Military Housing 2006 Series A Class I 'AAA', II 'AA' & ...

Comment?

Related Topix: Insurance

Tue Jul 01, 2008

Canadian Business Magazine

Ambac Financial Chairman and CEO Michael A. Callen buys 10,000 shares

The chairman and chief executive of bond insurer Ambac Financial Group Inc. bought 10,000 shares of common stock, according to a Securities and Exchange Commission filing Tuesday.

Comment?

Related Topix: Insurance, Corporate / Securities Law, Law, Securities and Exchange Commission

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