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Stock Market & Financial Investment News

News Breaks
June 3, 2014
07:44 EDTWTFC, NYCB, AMBC, TSC, EIG, AL, TCBI, BPFHMacquarie to hold a conference
Financials Growth Conference to be held in New York on June 3.
News For AL;AMBC;BPFH;EIG;NYCB;TCBI;TSC;WTFC From The Last 14 Days
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July 2, 2015
10:48 EDTAMBCOptions with increasing implied volatility
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05:28 EDTAMBCAmbac Financial comments on Puerto Rico events
Ambac Financial provide financial guarantees and other financial services, commented on recent concerns and events in Puerto Rico. Ambac Assurance confirms that all July 1 payments due on its insured Puerto Rico bonds have been paid in full by the relevant issuer. Ambac did not receive any claims from policyholders for non-payment of interest or principal on any outstanding debt issued by the Commonwealth. In response to recent comments from Puerto Rico officials, Nader Tavakoli, Interim president and CEO, said, "We continue to believe the Commonwealth is far better served by meeting its obligations rather than considering any default scenarios. Our team of professionals in New York, Puerto Rico and Washington are actively engaged in the situation. We will not tolerate any actions that could impair our interests and Ambac Assurance is ready to fully exercise all of its rights and remedies, if needed. If it were to become necessary, we are confident in our ability to pay timely principal and interest." As of March 31, Ambac had $5.8B of Total Claims-Paying Resources, including its wholly-owned subsidiary Ambac Assurance UK Limited. Total Claims-Paying resources are net of Ambac's statutory subrogation recoveries including $2.3B of estimated representation and warranty subrogation recoveries.
July 1, 2015
10:28 EDTAMBCOptions with increasing implied volatility
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June 30, 2015
11:13 EDTAMBCAmbac Financial volatility increases as shares pullback
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June 24, 2015
06:28 EDTNYCBNew York Community Bancorp reinstated with an Underperform at BofA/Merrill
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June 23, 2015
07:31 EDTTCBIStephens to hold a field trip
Bank Field Trip travels throughout Texas to visit with various banking companies on June 23-25.
June 22, 2015
08:58 EDTWTFCWintrust Financial commences offering of preferred stock
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