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Ambac Financial Group Inc (AMBC.OQ)

AMBC.OQ on NASDAQ Stock Exchange Global Select Market

16.11USD
23 May 2019
Change (% chg)

$0.00 (+0.00%)
Prev Close
$16.11
Open
$16.28
Day's High
$16.28
Day's Low
$15.88
Volume
124,122
Avg. Vol
102,623
52-wk High
$23.30
52-wk Low
$15.10

Latest Key Developments (Source: Significant Developments)

Ambac Q1 Loss Per Share $0.94
Friday, 10 May 2019 

May 9 (Reuters) - Ambac Financial Group Inc ::AMBAC ANNOUNCES FIRST QUARTER 2019 RESULTS.Q1 ADJUSTED LOSS PER SHARE $0.20.Q1 LOSS PER SHARE $0.94.QTRLY BOOK VALUE PER SHARE INCREASED $0.51 TO $35.63.QTRLY ADJUSTED BOOK VALUE PER SHARE DECREASED $0.06 TO $27.52 AT MARCH 31, 2019 FROM DECEMBER 31, 2018.QTRLY NET PREMIUMS EARNED $27.8 MILLION VERSUS $28.7 MILLION IN Q4.QTRLY TOTAL REVENUES $100.4 MILLION VERSUS $52 MILLION IN Q4.  Full Article

Ambac Financial Group Reports Q3 Adjusted Loss Per Share $1.66
Thursday, 8 Nov 2018 

Nov 7 (Reuters) - Ambac Financial Group Inc ::AMBAC ANNOUNCES THIRD QUARTER 2018 RESULTS.Q3 ADJUSTED LOSS PER SHARE $1.66.Q3 LOSS PER SHARE $0.48.Q3 EARNINGS PER SHARE VIEW $0.30 -- THOMSON REUTERS I/B/E/S.QTRLY NET PREMIUMS EARNED $25.6 MILLION VERSUS $25.8 MILLION IN Q2.  Full Article

Ambac Financial Q4 Loss Per Share $0.43
Thursday, 1 Mar 2018 

Feb 28 (Reuters) - Ambac Financial Group Inc ::AMBAC ANNOUNCES FOURTH QUARTER 2017 RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.12.Q4 LOSS PER SHARE $0.43.‍DURING Q4 OF 2017, NET PREMIUMS EARNED WERE $31.5 MILLION, COMPARED TO $53.0 MILLION IN Q3 OF 2017​.‍NET INVESTMENT INCOME FOR Q4 OF 2017 AND Q3 OF 2017 WAS $107.1 MILLION AND $87.2 MILLION, RESPECTIVELY​.  Full Article

Ambac Financial Announces Purchase Of COFINA Bonds And Withdrawal Of COFINA Bondholder Objection ​
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - Ambac Financial Group Inc ::AMBAC FINANCIAL GROUP - ‍AMBAC ASSURANCE CORPORATION ENTERED DEAL WITH BONDHOLDERS TO PURCHASE CERTAIN SALES TAX REVENUE CAPITAL APPRECIATION BONDS​.AMBAC FINANCIAL SAYS IN RELATION TO PURCHASE, COFINA BONDHOLDERS HAVE WITHDRAWN THEIR OBJECTION TO REHABILITATOR'S SEPT 25 MOTION.AMBAC FINANCIAL - AAC NOW OWNS 58% OF ITS INSURED COFINA BONDS WITH PURCHASE OF CERTAIN SALES TAX REVENUE CAPITAL APPRECIATION BONDS.  Full Article

Ambac announces third quarter loss of $4.20 per share
Thursday, 9 Nov 2017 

Nov 8 (Reuters) - Ambac Financial Group Inc :Ambac announces third quarter 2017 results.Q3 adjusted loss per share $3.30.Q3 loss per share $4.20.Loss in q3 were adversely impacted by public finance losses and loss expenses incurred​.Board completed a comprehensive review of ambac's corporate strategy​.To ‍evaluate future new business initiatives in certain business sectors, adjacent to co's core business​.To conduct ‍ongoing review of organizational cost effectiveness and efficiency of operating platform​.  Full Article

Ambac Financial Group says ‍revised initial dates of pre-trial hearing
Thursday, 14 Sep 2017 

Sept 13 (Reuters) - Ambac Financial Group Inc :Ambac Financial Group Inc - ‍revised initial dates of pre-trial hearing on segregated account's rehabilitation plan amendment to December 14​.Ambac Financial Group Inc says ‍confirmation of pre-trial hearing to January 4, 2018 through January 5, 2018​.Ambac Financial Group Inc - ‍pre-trial hearing and confirmation hearing are related to holistic restructuring transaction​.  Full Article

Ambac wins dismissal of shareholder lawsuit over Puerto Rico bond exposure
Tuesday, 5 Sep 2017 

Sept 5 (Reuters) - u.s. Judge dismisses lawsuit by ambac shareholders accusing company of concealing losses related to puerto rico bond exposure--ruling:.  Full Article

Ambac financial group Q2 earnings per share $0.16
Thursday, 10 Aug 2017 

Aug 9 (Reuters) - Ambac Financial Group Inc :Ambac announces second quarter 2017 results.Q2 adjusted earnings per share $1.54.Q2 earnings per share $0.16.Qtrly net premiums earned were $43.2 million, compared to $47.6 million in Q1 of 2017.Says net investment income for Q2 of 2017 and Q1 of 2017 was $85.2 million and $81.6 million, respectively.Q2 earnings per share view $0.92 -- Thomson Reuters I/B/E/S.  Full Article

Ambac Financial Group says AAC, creditors reach understanding on potential transaction
Wednesday, 21 Jun 2017 

June 20 (Reuters) - Ambac Financial Group Inc -:Ambac Financial Group Inc says AAC and a group of creditors have reached a non-binding understanding on key terms of a potential transaction.  Full Article