A director at Ambac Financial Group Inc bought 15,000 shares at 6.460USD and the significance rating of the trade was 53/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two ye...
Continue Riding This Bull Market Higher Since early November 2023 we have laid out our bullish expectations for a year-end rally that we anticipated would continue into the early part of 2024. Here we are in the early part of 2024, and we see every reason to continue riding this bull market higher. Small- and Mid-Caps Resuming Uptrends. Looking at the big picture on the small-cap Russell 2000 (IWM) and the Vanguard Extended Market ETF (VXF, the entire U.S. market excluding the S&P 500), (1) th...
Still Expecting 4165-4200 on S&P 500 to Cap Upside The S&P 500 is holding above its 200-day MA (at 3940) which coincides with its prior downtrend from all of 2022 near 3915; 3915-3940 remains critical support, and continues to be the gateway to a much deeper pullback. Additionally, the Nasdaq 100 (QQQ) is breaking back above $297, another important line in the sand for us. As for the negatives, the Russell 2000 (IWM) is having trouble reclaiming the important $190 level, and it underperformed s...
In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.
Financial Guarantors Object to Flawed Amended Commonwealth Plan Support Agreement NEW YORK, Feb. 10, 2020 (GLOBE NEWSWIRE) -- Financial Guarantors, including Ambac Financial Group, Inc. (NYSE: AMBC), Assured Guaranty Municipal Corp. and Assured Guaranty Corp., subsidiaries of Assured Guaranty Ltd. (NYSE: AGO), National Public Finance Guarantee, a wholly owned subsidiary of MBIA Inc. (NYSE: MBI), and Financial Guaranty Insurance Company (“FGIC”) jointly issued the following statement objecting to what they believe is a flawed Amended Commonwealth Plan Support Agreement disclosed by the Fin...
Ambac to Release Fourth Quarter 2019 Results on March 2, 2020 Conference Call Scheduled for March 3, 2020 NEW YORK, Feb. 07, 2020 (GLOBE NEWSWIRE) -- Ambac Financial Group, Inc. (NYSE: AMBC), a financial services holding company whose subsidiaries include Ambac Assurance Corporation, a financial guaranty insurance company who guarantees public finance and structured finance obligations, today announced that it will release fourth quarter 2019 results on March 2, 2020 following the close of the market. Conference CallOn March 3, 2020 at 8:30am (ET), Claude LeBlanc, President and Chief...
Ambac to Transfer Listing to NYSE NEW YORK, Jan. 22, 2020 (GLOBE NEWSWIRE) -- Ambac Financial Group, Inc. (Nasdaq: AMBC) ("Ambac"), a financial services holding company whose subsidiary includes Ambac Assurance Corporation ("AAC"), a run-off financial guaranty insurance company that guarantees public finance and structured finance obligations, today announced that it is transferring the listing of its common stock and warrants to the New York Stock Exchange ("NYSE") from the NASDAQ Global Select Market ("NASDAQ"). Ambac’s common stock and warrants will begin trading on the NYSE on Februar...
Ambac Reports Third Quarter 2019 Results Net Income of $66.1 million or $1.41 per diluted share for the Quarter Ended September 30, 2019 and an increase in Book Value per Share of $1.66 to $34.44 at September 30, 2019 from June 30, 2019. Third quarter net income was driven by a $142.2 million gain from the previously reported SEC-Citigroup settlementAdjusted Earnings(1) of $76.8 million or $1.63 per diluted share for the Quarter Ended September 30, 2019 and an increase in Adjusted Book Value per Share of $0.74 to $30.31 at September 30, 2019 from June 30, 2019Active de-risking initiatives l...
Ambac to Release Third Quarter 2019 Results on November 7, 2019 Conference Call Scheduled for November 8, 2019 NEW YORK, Oct. 17, 2019 (GLOBE NEWSWIRE) -- Ambac Financial Group, Inc. (Nasdaq: AMBC), a financial services holding company whose subsidiaries include Ambac Assurance Corporation, a financial guaranty insurance company who guarantees public finance and structured finance obligations, today announced that it will release third quarter 2019 results on November 7, 2019 following the close of the market. Conference CallOn November 8, 2019 at 8:30am (ET), Claude LeBlanc, Preside...
Ambac Reports Second Quarter 2019 Results Active de-risking initiatives lead to a $1.6 billion or 8.3% reduction in Adversely Classified and Watch List Credits during the second quarter of 2019 Insured net par reduced by $2.3 billion or 5.1% to $42.2 billionBallantyne Restructuring eliminated $900 million of Adversely Classified Credits or 2.0% of Insured Net Par Exposure Net Loss of $128.4 million or $2.79 per diluted share for the Quarter Ended June 30, 2019 and a decrease in Book Value per Share of $2.85 to $32.78 at June 30, 2019 from March 31, 2019Adjusted Earnings(1) of $86.4 milli...
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