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Assured Guaranty Ltd (AGO.N)

AGO.N on New York Stock Exchange

45.47USD
20 Sep 2019
Change (% chg)

$0.08 (+0.18%)
Prev Close
$45.39
Open
$45.42
Day's High
$45.97
Day's Low
$45.42
Volume
639,703
Avg. Vol
185,942
52-wk High
$47.96
52-wk Low
$36.14

Latest Key Developments (Source: Significant Developments)

Assured Guaranty to Acquire Asset Management Firm BlueMountain
Thursday, 8 Aug 2019 

Aug 7 (Reuters) - Assured Guaranty Ltd ::ASSURED GUARANTY TO ACQUIRE ASSET MANAGEMENT FIRM BLUEMOUNTAIN.ASSURED GUARANTY LTD - PURCHASE PRICE OF APPROXIMATELY $160 MILLION.ASSURED GUARANTY LTD - NOT LESS THAN $114.8 MILLION OF APPROXIMATELY $160 MILLION PURCHASE PRICE WILL BE PAYABLE IN CASH.ASSURED GUARANTY LTD - EXPECTS TRANSACTION TO HAVE NO IMPACT ON ITS FINANCIAL STRENGTH RATINGS.ASSURED GUARANTY - REMAINDER OF PURCHASE PRICE IS PAYABLE IN CASH, ITS COMMON SHARES, A ONE-YEAR PROMISSORY NOTE, OR IN A COMBINATION.ASSURED GUARANTY LTD - AS PART OF PAYMENT, ASSURED GUARANTY EXPECTS TO ISSUE $22.5 MILLION OF ITS COMMON SHARES TO FELDSTEIN.ASSURED GUARANTY LTD - ASSURED GUARANTY WILL CONTRIBUTE $60 MILLION IN WORKING CAPITAL TO BLUEMOUNTAIN AT CLOSING.ASSURED GUARANTY LTD - PLANS TO CONTINUE ITS CURRENT SHARE REPURCHASE PROGRAM.ASSURED GUARANTY LTD - INTENDS TO PROVIDE AN ADDITIONAL $30 MILLION OF WORKING CAPITAL TO BLUEMOUNTAIN WITHIN A YEAR OF CLOSING.ASSURED GUARANTY LTD - AS PART OF DEAL, BLUEMOUNTAIN'S CEO ANDREW FELDSTEIN INTENDS TO JOIN CO AS CHIEF INVESTMENT OFFICER & HEAD OF ASSET MANAGEMENT.ASSURED GUARANTY LTD - INTENDS TO FUND ACQUISITION WITH LOANS FROM ITS FINANCIAL GUARANTY SUBSIDIARIES.  Full Article

Assured Guaranty Joins Prepa Restructuring Support Agreement
Saturday, 4 May 2019 

May 3 (Reuters) - Assured Guaranty Ltd ::ASSURED GUARANTY JOINS PREPA RESTRUCTURING SUPPORT AGREEMENT.ASSURED GUARANTY - SIGNED ON TO AGREEMENT AFTER NEGOTIATING AMENDMENTS TO A PRELIMINARY AGREEMENT ANNOUNCED IN JULY 2018 BY A NUMBER OF OTHER PARTIES.ASSURED GUARANTY-RESTRUCTURING TRANSACTION INTENDED TO PROVIDE A FRAMEWORK FOR CONSENSUAL RESOLUTION OF TREATMENT OF CO'S INSURED PREPA REVENUE BONDS.ASSURED GUARANTY-UPON CLOSE OF DEAL, PREPA'S REVENUE BONDS TO BE EXCHANGED INTO NEW SECURITIZATION BONDS ISSUED BY SPECIAL PURPOSE CORPORATION.  Full Article

Assured Guaranty Raises Quarterly Dividend By 12.5 Pct To $0.18 Per Common Share
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - Assured Guaranty Ltd ::ASSURED GUARANTY LTD. RAISES QUARTERLY DIVIDEND BY 12.5% TO $0.18 PER COMMON SHARE.  Full Article

Assured Guaranty Q2 Earnings Per Share $0.67
Thursday, 2 Aug 2018 

Aug 1 (Reuters) - Assured Guaranty Ltd ::. REPORTS RESULTS FOR SECOND QUARTER 2018.Q2 NON-GAAP OPERATING EARNINGS PER SHARE $0.66.Q2 EARNINGS PER SHARE $0.67.Q2 EARNINGS PER SHARE VIEW $0.74 -- THOMSON REUTERS I/B/E/S.QTRLY TOTAL REVENUES $221 MILLION VERSUS $308 MILLION.BOARD APPROVED AN INCREMENTAL $250 MILLION SHARE REPURCHASE AUTHORIZATION.  Full Article

Assured Guaranty - 2 Of Co's Units Files Lawsuit
Tuesday, 24 Jul 2018 

July 23 (Reuters) - Assured Guaranty Ltd ::ASSURED GUARANTY - 2 OF CO'S UNITS FILES LAWSUIT CHALLENGING CONSTITUTIONALITY OF APPOINTMENTS TO PUERTO RICO'S FINANCIAL OVERSIGHT & MANAGEMENT BOARD.ASSURED GUARANTY - LAWSUIT CONTENDS APPOINTMENTS TO OVERSIGHT BOARD VIOLATED APPOINTMENTS CLAUSE OF U.S. CONSTITUTION.  Full Article

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

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Puerto Rico oversight board defends plan as way out of bankruptcy

Puerto Rico's federally created financial oversight board on Monday defended a new agreement with creditors, saying it will result in an affordable and sustainable debt level and allow the U.S. commonwealth to exit bankruptcy next year.