ruled pensions are unsecured creditors and thus in line for cuts. Unions and pension funds will surely seek to overturn this as well. MBIA ( MBI +1.2% ), Assured Guaranty ( AGO +1.3% ), Ambac ( AMBC +1.3% ) Post your comment!
Fitch Ratings has assigned JSC SB Alfa Bank Kazakhstan's ( ABK ) upcoming issue of KZT4.5bn Series 3 senior unsecured bonds ..... Recovery Rating is 'RR4'. The Series 3 bonds will be issued under ABK 's second KZT12bn bond programme, likely in 1Q14. The bonds
Nov 19 (Reuters) - Ambac Financial Group Inc : * MKM Partners cuts price target to $21 from $25; rating neutral For a summary of rating and price target changes on U
Following its first earnings call since emerging from bankruptcy, Ambac ( AMBC +3.7% ) wins plaudits from previously-critical BTIG's Mark Palmer after CEO Diana Palmer's pledge for transparency
Ambac Financial ( AMBC ): Q3 Operating earnings of $193.4M. ( PR ) Post your comment!
the GO bonds. The next payment due on the bonds - $47.6M - is due on April 1. Also keeping an eye on the proceedings is Ambac ( AMBC ). Muni ETFs: MUB , PZA , MUNI , TFI , ITM , MLN , XMPT , SHM , SUB , PRB , SMB , SMMU , PVI , VRD , GMMB , RVNU Post
debt was insured, although by insurers of varying credit quality, including 1.6% of general-obligation debt backed by Ambac , a nonrated insurer. Franklin Michigan Tax-Free FTTMX had a smaller stake, roughly 1% of assets in unsecured, general
city's insurers, including Syncora Capital Assurance and Ambac Assurance, issued public statements confirming their commitments ..... At the same time they reaffirmed their commitment to pay, Ambac stated it believes Orr's proposal and the failure of the state
SAN DIEGO, May 1 (Reuters) - The bankrupt California city of Stockton has reached a settlement with Ambac Assurance Corp over $13.3 million of city debt the company insures, the trustee for the debt...
things. The first is our investments in bond insurers, MBIA, Ambac , and Radian, which cost us about 1,000 basis points during ..... very attractively valued. And we don't have companies like Ambac and MBIA in there. So that if we do have a significant, say