Ambac Financial Group Inc (AMBC.O)
21 Nov 2017
* Loss in q3 were adversely impacted by public finance losses and loss expenses incurred
NEW YORK Shares of MBIA Inc. , a bond insurer with exposure to Puerto Rico, rose sharply on Wednesday after it reported third quarter 2017 results that included notice it planned to extend its already sizeable share buyback program.
NEW YORK Shares of three major bond insurance firms with exposure to Puerto Rico fell on Monday after a "60 Minutes" episode aired on Sunday highlighted the extensive damage wreaked on the island by Hurricane Maria.
NEW YORK, Nov 6 Shares of three major bond insurance firms with exposure to Puerto Rico fell on Monday after a "60 Minutes" episode aired on Sunday highlighted the extensive damage wreaked on the island by Hurricane Maria.
* LegacyTexas Financial Group Inc reports third quarter 2017 earnings of $28.7 million
* Qtrly net premiums earned were $43.2 million, compared to $47.6 million in Q1 of 2017
* Ambac Assurance reaches definitive agreement on and receives confirmation of OCI support for a transformational plan to conclude the segregated account rehabilitation
* Ambac comments on the status of the segregated account rehabilitation
A federal judge has rejected U.S. Bancorp's bid to dismiss a lawsuit in which the bond insurer Ambac Financial Group Inc sought to halt what it deemed a lowball settlement between investors and Bank of America Corp over poorly underwritten mortgage securities.