AKT Ambac Financial Group Inc featured news, full reports, and detailed charts
Ambac Financial Group Inc (AKT) 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...Ambac Financial Group Inc (AKT:NYSE)
Snapshot of Ambac Financial Group Inc (AKT)
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OPEN
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PREVIOUS CLOSE
$6.10
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DAY HIGH
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DAY LOW
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52 WEEK HIGH
09/1/09 - $9.25
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52 WEEK LOW
03/9/09 - $2.11
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MARKET CAP
0.0
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AVERAGE VOLUME 3 mo
199.3K
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DILUTED EPS TTM
--
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SHARES OUTSTANDING
0.0
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EX-DATE
09/11/09
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P/E TTM
NM
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DIVIDEND
$1.47
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DIVIDEND YIELD
24.08%
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| K = Thousands M = Millions B = Billions | ||
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Executives, Board Directors
Key developments for Ambac Financial Group Inc (AKT)
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. expected to Report Fiscal Year 2009 Results on February 22, 2010. This event was calculated by Capital IQ (Created on October 26, 2009).
AKT Competitors
| Company | Last | Change |
| Berkshire Hathaway Inc | $103,895 USD | +20.00 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | AKT | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.1x |
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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AKT |
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AKT transactions
| Type Date |
Target |
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Merger/Acquisition
June 26, 2009 |
NSM Capital Management |
