Ambac Financial
Yahoo Finance • 2 months ago
Ambac outlines strategic initiatives and targets $80M–$90M adjusted EBITDA by 2028 as transformation accelerates
Earnings Call Insights: Ambac Financial Group (AMBC) Q2 2025 MANAGEMENT VIEW * Claude L. LeBlanc, President and CEO, highlighted the impending closure of the Legacy financial guaranty business sale, stating, "Approval of the sale by th... Full story
Yahoo Finance • 2 months ago
Ambac earnings missed by $0.04, revenue fell short of estimates
Investing.com - Ambac (NYSE: AMBC) reported second quarter EPS of $-0.22, $0.04 worse than the analyst estimate of $-0.18. Revenue for the quarter came in at $33M versus the consensus estimate of $35M. Ambac’s stock price closed at $8.29.... Full story
Yahoo Finance • 2 months ago
Wisconsin regulator sets hearing date for Ambac Assurance sale
NEW YORK - Wisconsin’s insurance regulator has scheduled a hearing on September 3, 2025, regarding Ambac Financial Group’s (NYSE:AMBC) proposed sale of Ambac Assurance Corporation (AAC), the company announced Thursday. The company, current... Full story
Yahoo Finance • 2 months ago
Truist Securities initiates coverage on Ambac Financial stock with Buy rating
Investing.com - Truist Securities initiated coverage on Ambac Financial (NYSE:AMBC) with a Buy rating and a $10.00 price target on Tuesday. The stock, currently trading at $7.09, has seen significant volatility, with InvestingPro data show... Full story
Yahoo Finance • 3 months ago
Notable Tuesday Option Activity: FBIN, AMBC, DDOG
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Fortune Brands Innovations Inc (Symbol: FBIN), where a total of 40,063 contracts have traded so far, representing approximately 4.... Full story
Yahoo Finance • 3 months ago
Ambac, Oaktree extend pact for Financial Guarantee business
Ambac Financial (NYSE:AMBC [https://seekingalpha.com/symbol/AMBC]) stock surged 11% in Monday morning trading after extending the stock purchase agreement [https://seekingalpha.com/pr/20157374-ambac-financial-group-and-oaktree-announce-an-... Full story
Yahoo Finance • 3 years ago
Everspan Names Darwin Lucas Chief Underwriting and Reinsurance Officer
NEW YORK, January 05, 2023--(BUSINESS WIRE)--Everspan Group ("Everspan"), a specialty property and casualty insurance platform rated A- (Excellent) by AM Best, today announced the appointment of Darwin Lucas as Chief Underwriting and Reins... Full story
Yahoo Finance • 3 years ago
Ambac Financial Group Third Quarter 2022 Earnings: Beats Expectations
Ambac Financial Group (NYSE:AMBC) Third Quarter 2022 Results Key Financial Results Revenue: US$80.0m (up 70% from 3Q 2021). Net income: US$340.0m (up by US$323.0m from 3Q 2021). EPS: US$7.50 (up from US$0.36 in 3Q 2021). earnings-and-rev... Full story
Yahoo Finance • 3 years ago
Ambac to Release Third Quarter 2022 Results on November 8, 2022
Conference Call Scheduled for November 9, 2022 NEW YORK, October 25, 2022--(BUSINESS WIRE)--Ambac Financial Group, Inc. (NYSE: AMBC), a financial services holding company, today announced that it will release third quarter 2022 results on... Full story
