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India

Assured Guaranty Ltd (AGO.N)

AGO.N on New York Stock Exchange

36.59USD
17 Nov 2017
Change (% chg)

$0.57 (+1.58%)
Prev Close
$36.02
Open
$35.99
Day's High
$36.67
Day's Low
$35.99
Volume
176,017
Avg. Vol
239,999
52-wk High
$45.56
52-wk Low
$34.45

Latest Key Developments (Source: Significant Developments)

Assured Guaranty Ltd reports Q3 earnings per share $1.72
Friday, 3 Nov 2017 

Nov 2 (Reuters) - Assured Guaranty Ltd :Assured Guaranty Ltd reports results for third quarter 2017.Q3 non-GAAP operating earnings per share $1.29.Q3 earnings per share $1.72.Q3 earnings per share view $0.67 -- Thomson Reuters I/B/E/S.  Full Article

‍Assured Guaranty withdraws complaint against PREPA​
Saturday, 14 Oct 2017 

Oct 13 (Reuters) - Assured Guaranty Ltd -:‍Assured Guaranty withdraws complaint against PREPA​.  Full Article

‍National Public Finance Guarantee Corp says filed legal motion​ to lift PROMESA stay
Wednesday, 19 Jul 2017 

July 18 (Reuters) - ‍National Public Finance Guarantee Corp:‍national public finance guarantee corp says filed legal motion​ to lift promesa stay to seek appointment of receiver, compel rate increase.  Full Article

Assured Guaranty files motion to lift automatic stay, commence action against PREPA for appointment of receiver
Wednesday, 19 Jul 2017 

July 18 (Reuters) - Assured Guaranty Ltd :Assured guaranty files motion to lift automatic stay and commence an action against prepa for the appointment of a receiver.Assured guaranty-‍with filing of motion, co seeks to remedy prepa's "re-politicization of its operations, mismanagement and inefficiencies​" among others.Assured guaranty -receiver to ensure lien granted to prepa bondholders and their insurers produces net revenues sufficient to pay debt service on prepa bonds.Assured guaranty-‍with filing of motion, co also seeks to remedy prepa's failure to increase rates in accordance with contractual & statutory obligations​.  Full Article

Assured guaranty has been engaged in discussions regarding reinsurance transaction
Saturday, 10 Dec 2016 

Assured Guaranty Ltd : Assured Guaranty - has been engaged in confidential discussions regarding potential reinsurance transaction with financial guaranty insurance company . Assured Guaranty- in connection with discussions, co entered into confidentiality agreements with holders pursuant to which co agreed to publicly disclose all undisclosed material not later than Dec 9 .Assured Guaranty - company, holders and fgic have been unable to reach agreement on terms of a potential transaction.  Full Article

Assured Guaranty to acquire MBIA UK Insurance Limited
Thursday, 29 Sep 2016 

Assured Guaranty Ltd : Assured Guaranty to acquire MBIA UK Insurance Limited . AGC will deliver to MBIA all of notes issued in Zohar II 2005-1 transaction that AGC holds . Expect transaction to be accretive to assured Guaranty's earnings per share, operating shareholders' equity and adjusted book value .MBIA UK (Holdings) Limited, will transfer to AGC all of outstanding shares of MBIA UK plus $23 million (£18 million) in cash.  Full Article

Assured Guaranty Q2 operating earnings per share $1.03
Thursday, 4 Aug 2016 

Assured Guaranty Ltd : Q2 operating earnings per share $1.03 . Q2 earnings per share view $0.54 -- Thomson Reuters I/B/E/S . Assured guaranty ltd. Reports results for second quarter 2016 . Q2 earnings per share $1.09 . Total operating net earned premiums and credit derivative revenues in q2 2016 were $248 million, compared with $259 million in q2 2015 .Assured guaranty ltd qtrly net earned premiums $ 214 million versus $219 million.  Full Article

Assured Guaranty files motion to lift stay and challenge the Commonwealth’s Executive Orders Diverting PRHTA Pledged Toll Revenues
Friday, 22 Jul 2016 

Assured Guaranty Ltd : Assured guaranty files motion to lift stay and challenge commonwealth's executive orders diverting prhta pledged toll revenues not subject to clawback . Toll revenues are not subject to clawback for payment of commonwealth's general obligation debt under Puerto Rico constitution . Says is seeking to protect lien on pledged toll revenues that secures payment of prhta bonds . Seeks damages for value of toll revenues diverted & injunctive relief prohibiting defendants from taking any further action . Stands ready to work constructively with its insured Puerto Rico credits and Promesa oversight board .Investors owning Puerto Rico-related bonds insured by co will continue to receive full and timely payment of scheduled debt service.  Full Article

Assured Guaranty says two bond insurance units made debt service payments
Thursday, 7 Jul 2016 

Assured Guaranty Ltd : Says subsidiary Municipal Assurance Corp (MAC) has no insured exposure to Puerto Rico . As of July 6, 2016, Assured Guaranty has received $205 million of claim notices, all of which have been processed in full .Two bond insurance units made debt service payments to holders of insured Go, other bonds on which Puerto Rico defaulted on July 1.  Full Article

Assured Guaranty Ltd declares quarterly dividend of $0.13 per common share
Wednesday, 4 May 2016 

Assured Guaranty Ltd:Declared a quarterly dividend of $0.13 per common share.Dividend is payable on June 1, 2016 to shareholders of record date as on May 18, 2016.  Full Article

BRIEF-James Michener to become senior advisor to Assured Guaranty CEO

* James Michener to become senior advisor to Assured Guaranty CEO Source text for Eikon: Further company coverage: