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ABK Ambac Financial Group, Inc. featured news, full reports, and detailed charts

Ambac Financial Group, Inc. (ABK) Wrap Up:

Ambac Financial Group, Inc., through its subsidiaries, provides financial guarantee products and other financial services to clients in the public and private sectors worldwide. It operates in two segments, Financial Guarantee and Financial Services. The Financial Guarantee segment provides financial guarantee insurance and other credit enhancement products, such as credit derivatives for public finance and structured finance obligations. It also provides credit protection in credit derivative form, as well as guarantees or provides credit protection on obligations already carrying insurance from other financial guarantors. This segment sells its products in the U.S. public finance market, t...
www.ambac.com
328 Employees
Founded in 1971

Ambac Financial Group, Inc. (ABK:NYSE)

LAST $0.90 USD
CHANGE TODAY -0.10 -10.00%
VOLUME 18.0M
As of 4:02 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Ambac Financial Group, Inc. (ABK)

OPEN
$0.97
PREVIOUS CLOSE
$1.00
DAY HIGH
$1.02
DAY LOW
$0.89
52 WEEK HIGH
05/11/09 - $2.09
52 WEEK LOW
03/9/09 - $0.35
MARKET CAP
258.8M
AVERAGE VOLUME 3 mo
39.2M
DILUTED EPS TTM
$-10.16
SHARES OUTSTANDING
287.6M
EX-DATE
12/3/08
P/E TTM
NM
DIVIDEND
--
DIVIDEND YIELD
0.00%
K = Thousands  M = Millions  B = Billions

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ABK Top Compensated Officers

Mr. David W. Wallis
Chief Executive Officer, President and Direct...
Age: 49
Total Annual Compensation: $1.2M
Mr. Michael A. Callen
Chairman
Age: 68
Total Annual Compensation: $1.6M
Mr. Sean T. Leonard
Chief Financial Officer, Principal Accounting...
Age: 44
Total Annual Compensation: $1.3M
Mr. Kevin J. Doyle Esq.
Chief Legal Officer, Executive Vice President...
Age: 52
Total Annual Compensation: $1.2M
Mr. Douglas C. Renfield-Miller
Executive Vice President and Executive Vice P...
Age: 56
Total Annual Compensation: $850.0K

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments for Ambac Financial Group, Inc. (ABK)

Ambac Financial Group Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2009

Ambac Financial Group Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net income attributable to the company of $2,188.2 million or $7.58 per basic and diluted share on total revenues of $2,689.5 million, and income before income taxes of $2,153.9 million compared to net loss attributable to the company of $2,431.2 million or $8.45 per basic and diluted share on total revenues loss of $2,320.4 million, and loss before income taxes of $3,072.06 million a year ago. For the nine months, the company reported net loss attributable to the company of $572.7 million or $1.99 per basic and diluted share on total revenues of $3,344.6 million, and income before income taxes of $638.7 million compared to net loss attributable to the company of $3,268.4 million or $13.66 per basic and diluted share on total revenues loss of $2,551.2 million, and loss before income taxes of $4,355.3 million a year ago. Negative book value per share as on September 30, 2009 was $9.83 against $13.17 a year ago.

Ambac Financial Group, Inc., Q3 2009 Earnings Call, Nov-04-2009

Ambac Financial Group, Inc., Q3 2009 Earnings Call, Nov-04 2009

Ambac Financial Group, Inc. expected to Report Fiscal Year 2009 Results on February 22, 2010. This event was calculated by Capital IQ (Created on October 26, 2009).

Ambac Financial Group, Inc. expected to Report Fiscal Year 2009 Results on February 22, 2010. This event was calculated by Capital IQ (Created on October 26, 2009).

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ABK Competitors

Company Last Change
Berkshire Hathaway Inc $103,250 USD -645.00
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation ABK Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.1x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful

ABK

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ABK transactions

Type
Date
Target
Merger/Acquisition
June 26, 2009
NSM Capital Management

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