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AMBC News and Press, Ambac Financial Group Inc. From 03/18/22

Stock Information

Company Name: Ambac Financial Group Inc.
Stock Symbol: AMBC
Market: NASDAQ
Website: ambac.com

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AMBC - Ambac Financial stock sinks 24% after court case may hurt RMBS recoveries

Ambac Financial Group (NYSE:AMBC) stock is plunging 24% after the company said a recent court decision that could affect its Ambac Assurance Corp.'s breach-of-contract cases related to its insured residential mortgage-backed securities (RMBS) transactions. That could reduce AAC's estimat...

AMBC - AAC Releases Statement Regarding RMBS Litigation

Ambac Financial Group, Inc. (NYSE: AMBC) ("Ambac" or "AFG"), a financial services holding company, announces that its legacy financial guaranty insurance subsidiary Ambac Assurance Corporation (“AAC”), released the following statement: On March 17, 2022, the New York C...

AMBC - Ambac Announces Meeting and Record Date for 2022 Annual Meeting of Stockholders

Ambac Financial Group, Inc. (NYSE: AMBC), a financial services holding company, today announced that Ambac’s 2022 Annual Meeting of Stockholders will be held on Tuesday, May 24, 2022 at 10:30 am (ET). The meeting will be held in a virtual format. The record date for determining s...

AMBC - Gator Capital Management Q4 2021 Investor Letter

At Gator Capital Management, we are dedicated to the management of concentrated investment portfolios consisting of companies with proven profitability and dominant franchises. Although higher interest rates will benefit the Fund’s portfolio, we are making sure that the Fund is...

AMBC - Ambac Financial Group, Inc. (AMBC) CEO Claude LeBlanc on Q4 2021 Results - Earnings Call Transcript

Ambac Financial Group, Inc. (AMBC) Q4 2021 Earnings Conference Call February 25, 2022 08:30 AM ET Company Participants Lisa Kampf - Head-Investor Relations Claude LeBlanc - Chief Executive Officer David Trick - Chief Financial Officer Conference Call Participants Greg Nihon - Leodium Capital ...

AMBC - Ambac Financial Group, Inc. 2021 Q4 - Results - Earnings Call Presentation

The following slide deck was published by Ambac Financial Group, Inc. in conjunction with their 2021 Q4 earnings call. For further details see: Ambac Financial Group, Inc. 2021 Q4 - Results - Earnings Call Presentation

AMBC - Ambac Financial Group Non-GAAP EPS of -$0.16, revenue of $53M

Ambac Financial Group press release (NYSE:AMBC): Q4 Non-GAAP EPS of -$0.16. Revenue of $53M (-39.8% Y/Y). Claude LeBlanc, President and Chief Executive Officer, stated, “2021 was a transitional year for Ambac during which we made material progress advancing our specialty property and c...

AMBC - Ambac Reports Fourth Quarter 2021 Results

Ambac Financial Group, Inc. (NYSE: AMBC) ("Ambac" or "AFG"), a financial services holding company, today reported a net loss attributable to common stockholders of $22 million or $0.42 (1) per diluted share and an adjusted loss (2) of $10 million or $0.16 per diluted share for t...

AMBC - Ambac to Release Fourth Quarter 2021 Results on February 24, 2022

Conference Call Scheduled for February 25, 2022 Ambac Financial Group, Inc. (NYSE: AMBC), a financial services holding company, today announced that it will release fourth quarter 2021 results on February 24, 2022 following the close of the market. Conference Call ...

AMBC - Everspan Group Acquires Three Admitted Insurance Carriers

Everspan completes its first year of operations with an established framework for its specialty property and casualty platform Ambac Financial Group, Inc. (NYSE: AMBC) (“Ambac”), a financial services holding company, today announced that its subsidiary, Eve...

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