Ambac Financial Group Inc.

ambac financial group inc. - All News and Analysis

• After Ambac Downgrade: How Will Treasuries Fare?

  Seeking Alpha - 2008-11-06

  Ambac’s Q308 report was stunning in its awfulness. The monoline insurer certainly looks to be doing worse than its competitors like PMI Group PMI or MBIA MBI. From Ambac’s Q308 conference call ABK: by SA Editor Judy Weil

  Tags: Treasury, Seeking Alpha, Ambac, Insurance, Business Operations, Corporate Insurance, SA Editor Judy Weil, Ambac Financial Group Inc., Financial

• Ambac Financial Group, Inc. Q3 2008 Earnings Call Transcript

  Seeking Alpha - 2008-11-05

  Question-and-Answer SessionOperator Operator Instructions Your first question comes from [Arun Umar – J. P. Morgan] [Arun Umar – J. P. Morgan] The comments you made earlier regarding liquidity based on a potential rating action, if Moody's does take you down a couple of notches, how do you expect to...

  Tags: Call Transcript, Dividend, Liquidity, Ambac Financial Group Inc., Earnings, Investment, Financial Planning, Finance, Seeking Alpha

• Earnings Preview: Ambac Financial Group

  Seeking Alpha - 2008-11-04

  Ambac Financial Group ABK is expected to report Q3 earnings before the open Wednesday with a conference call scheduled for 8:30 am. Guidance Analysts are looking for EPS of (50c) on revenue of $420.08M. The consensus range for EPS is ($1.15) to (13c), according to First Call. Only one analyst...

  Tags: Revenue, Analyst, Earnings, Seeking Alpha, Financial Accounting, Operational Accounting, Finance, theflyonthewall.com, Ambac Financial Group Inc., Financial

• Ambac, MBIA: Moody's strikes again

  Seeking Alpha - 2008-09-22

  Tom Armistead submits: Moody's recently announced that it is placing the ratings of Ambac ABK and MBIA MBI on review for possible downgrade. I was disappointed but hardly surprised, given Moody's history of constantly moving the goalposts. This article provides a brief critique of Moody's action and the rationale behind...

  Tags: US Market, Financial, Ambac Financial Group Inc., MBIA Inc.

• Ambac Collapse: Anticlimax of the Week

  Seeking Alpha - 2008-09-21

  Michael Shedlock submits: In what would have been major news nearly any other week this year, MarketWatch is reporting Ambac warns downgrade would put unit under pressure: Ambac Financial said late Friday that a downgrade by ratings agency Moody's Investors Service would leave its guaranteed investment contract business short...

  Tags: Financial, Ambac Financial Group Inc., MBIA Inc.

• What Should Ambac's Connie Lee Be Rated?

  Seeking Alpha - 2008-09-03

  David Merkel submits: Just a short post, but there are two reasons why Connie Lee should not get a AAA from the rating agencies (Aaa if you speak Moody’s): 1) It violates their notching standards.  A parent company ABK with a senior unsecured debt rating of A/A3 should...

  Tags: Financial, Ambac Financial Group Inc.

• Residential Real Estate: How Much More Pain?

  Seeking Alpha - 2008-09-02

  David Merkel submits: This piece completes a series that I started RealMoney, and continued at my blog.  For those with access to RealMoney, I did an article called The Fundamentals of Market Tops, where I concluded in early 2004 that we weren’t at a top yet.  For those without...

  Tags: US Market, Ambac Financial Group Inc., Fannie Mae, Freddie Mac, MBIA Inc.

• Ambac Financial Group Inc. Q2 2008 Earnings Call Transcript

  Seeking Alpha - 2008-08-25

  Question-and-Answer SessionOperator Our first question today is coming from the line of Andrew Wessel - JP Morgan. Andrew Wessel - JP Morgan A couple of questions. One on the use the implementation of FAS 157. How to think about using the market’s perception of your ability to...

  Tags: Ambac Financial Group Inc.

• Risk/Reward Analysis Makes Financial Insurers a Buy

  Seeking Alpha - 2008-08-25

  Castrese Tipaldi submits: In my last article I said that financial insurers could very well be the subject for another piece about financial conundrums. In fact, the conundrum here is very well explained by the unfair behavior of some folks who were shorting those securities, helped by the usual behavior...

  Tags: Financial, Ambac Financial Group Inc., MBIA Inc., Old Republic International Corp., Radian Group Inc.

• Lehman Brothers Take-over: Implications for Financials

  Seeking Alpha - 2008-08-24

  Benjamin Mackovak submits: I thought it would be interesting to take a look at what a Lehman LEH take-over would imply for the valuation of financials. I ran a screen for financials with market caps above $900m that trade in the US and trade below current book value. I then...

  Tags: Financial, Ambac Financial Group Inc., American Capital Strategies Ltd., AmeriCredit Corp., Allied Capital Corp., Associated Banc-Corp., Bank of America Corp., Citigroup Inc., Comerica Inc., CNA Financial Corp., Colonial BancGroup Inc., Capital One Financial Corp., E*Trade Financial Corp., First American Corp., First Horizon National Corp., Fifth Third Bancorp, Fidelity National Financial Inc., Fannie Mae, Freddie Mac, Genworth Financial Inc., Huntington Bancshares Inc., J.P. Morgan Chase & Co., KeyCorp, Lehman Brothers Holdings Inc., Legg Mason Inc., MBIA Inc., Merrill Lynch & Co. Inc., National City Corp., Old Republic International Corp., Phoenix Companies Inc., Regions Financial Corp., Sovereign Bancorp Inc., SunTrust Banks Inc., Susquehanna Bancshares Inc., Wachovia Corp., Webster Financial Corp., Washington Mutual Inc., Zions Bancorporation

• 10 Financial Entities On the Brink

  Seeking Alpha - 2008-08-22

  Michael Shedlock submits: Clearly Lehman LEH is on the brink of disaster. On Wednesday, the Financial Times was reporting Lehman’s secret talks to sell 50% stake stall. by Michael Shedlock

  Tags: Financial, Ambac Financial Group Inc., Corus Bankshares Inc., Downey Financial Corp., Fannie Mae, Freddie Mac, Lehman Brothers Holdings Inc., MBIA Inc., Merrill Lynch & Co. Inc., Regions Financial Corp., Wachovia Corp., Washington Mutual Inc.

• Monoline Stock Price Rally Overdone

  Seeking Alpha - 2008-08-22

  Research Recap submits: The recent rally in the stock prices of monoline insurers Ambac (NYSE: ABK) and MBIA (NYSE: MBI) is overdone, in CreditSights' view. “While there is no denying there have been several positive developments, we think Ambac and MBIA are still far from back to where...

  Tags: Financial, Ambac Financial Group Inc., MBIA Inc.

• Financials and Housing: The Outlook Remains Ugly

  Seeking Alpha - 2008-08-19

  Financial stocks crashed in the first half of July and then rallied in the second half.  Shorting these stocks had become widespread often paired with going long oil and commodities, resulting in the shorts became very crowded.  Thus, in mid-July when the government stepped in to eliminate naked shorting, prevent...

  Tags: Financial, US Market, Ambac Financial Group Inc., Fannie Mae, Freddie Mac, General Growth Properties Inc., MBIA Inc., PMI Group Inc., Radian Group Inc.

• Seth Klarman, Meryl Witmer and Marty Whitman - Q2 2008 Portfolio Moves

  Seeking Alpha - 2008-08-19

  Davy Bui submits: Seth Klarman’s Baupost Group continues its move into the healthcare sector asevidenced by the latest Q2 13F-HR filing: Baupost opened big positions in UnitedHealth Group UNH and Liberty Media. The UNH position complements last quarter’s WLP position, which was augmented 24% in Q2. Additionally, by my...

  Tags: Healthcare, Financial, Ambac Financial Group Inc., A.C. Moore Arts & Crafts Inc., Armstrong World Industry Inc., CIT Group, Crystal River Capital Inc., Mohawk Industries Inc., PDL BioPharma Inc., Texas Instruments Inc., UnitedHealth Group Inc., WellPoint Inc.

• Restoring Credibility to Ambac and MBIA

  Seeking Alpha - 2008-08-17

  Tom Armistead submits: Readers are familiar with my opinion on the proper valuation of Ambac ABK and MBIA MBI. GAAP metrics are not useful: the non-GAAP adjusted book value is the proper measure of their worth, and share prices should recover to that level over the next several years. The...

  Tags: Financial, Ambac Financial Group Inc., MBIA Inc.

• The Emperor (Mr. Ackman) Has No Clothes

  Seeking Alpha - 2008-08-11

  Steve Lukather submits: It seems that the market has uncovered some rather large holes in Mr. Ackman's recent pronouncement that the financial guarantors and their policyholders are screwed. It amazes me how simple some of these concepts were and makes me wonder how such and astute money manager could miss...

  Tags: Financial, Ambac Financial Group Inc., MBIA Inc.

• Earnings: MBIA Completes the Bond-Insurer Trifecta

  Seeking Alpha - 2008-08-08

  Todd Sullivan submits: We have Ambac ABK, Assured Guarantee AGO and now MBIA MBI handily beating estimates. MBIA MBI, the holding company for MBIA Insurance Corporation, today reported a net loss of $706.4 million, or $3.37 per share, for the first half of 2008, compared with net...

  Tags: Financial, Ambac Financial Group Inc., MBIA Inc.

• Global Investing Roundup (8/7/08)

  Seeking Alpha - 2008-08-07

  Money Morning submits: Freddie Mac FRE yesterday Wednesday posted a second-quarter loss that was more than three-times larger than Wall Street expected, The Associated Press reported....

  Tags: Seeking Alpha, Ambac Financial Group Inc., Freddie Mac, Playboy Enterprises Inc., Sprint Nextel Corp., Time Warner Inc., United States Oil Fund LP

• Zacks Sell List Highlights: Lear Corp, National City Corp, General Motors and Ambac Financial Group

  - 2008-08-06

  CHICAGO -- Zacks.com releases details on a group of stocks that are currently members of the exclusive Zacks #5 Rank List - Stocks to Sell Now. These stocks are currently rated as a Zacks Rank #5 Strong Sell: Lear Corp (NYSE: LEA) and National City Corp (NYSE: NCC). Further, Zacks...

  Tags: Ambac Financial Group Inc., FINANCE, General Motors Corp., Investment, Lear Corp., National City Corp., New York Stock Exchange, stock

• Will Muni Bond Market Embrace Connie Lee?

  Seeking Alpha - 2008-08-06

  Michael Shedlock submits: Ambac ABK has won approval from Wisconsin to create a new guarantee business called "Connie Lee". Bloomberg discusses the situation in Ambac, Using an Accounting Change, Posts Net Income. Ambac Financial Group Inc., the bond insurer that lost 92 percent of its stock market value in...

  Tags: US Market, Ambac Financial Group Inc.

• Incorporated: 1991
• CEO: Mr. David W. Wallis