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News Breaks | | | | February 6, 2013 | | 05:22 EDT |  | FBC, AGO | Flagstar Bancorp to appeal court ruling on Assured Guaranty
Flagstar Bancorp (FBC), the holding company for Flagstar Bank, reported that on February 5, the U.S. District Court for the Southern District of New York issued a decision in the previously disclosed lawsuit filed by Assured Guaranty (AGO), formerly known as Financial Security Assurance. The Court granted judgment in favor of Assured on its claims for breach of contract against the bank in the amount of $90.1M plus contractual interest and attorneys' fees and costs to be determined. Flagstar strongly disagrees with the Court's ruling and intends to vigorously contest the outcome on appeal. | |
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News For FBC;AGO From The Last 14 Days Check below for free stories on FBC;AGO the last two weeks. |
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| May 17, 2013 | | 08:08 EDT | | FBC | Flagstar Bancorp appoints Sandro DiNello CEO, Lee Smith as COO
Upon becoming CEO, DiNello will replace Michael Tierney as a director of the company and the bank. Tierney, who has served as CEO of both the Company and the Bank since November 2012 and as President of the Company since October 2012, will resume his role as the Bank's Executive Vice President, Personal Financial Services, a position he held prior to becoming President. | | | May 9, 2013 | | 17:18 EDT |  | AGO | Assured Guaranty reports Q1 EPS (74c), may not compare to consensus 68c
 Subscribe for More Information | | | 15:27 EDT | | AGO | Notable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include priceline.com (PCLN), consensus $5.27; Public Storage (PSA), consensus $1.62; NVIDIA (NVDA), consensus 10c; CareFusion (CFN), consensus 53c; Assured Guaranty (AGO), consensus 68c; Medivation (MDVN), consensus (41c); Great Plains Energy (GXP), consensus 12c; Salix Pharmaceuticals (SLXP), consensus 68c; Air Lease (AL), consensus 38c; Sotheby's (BID), consensus (12c). | | | May 8, 2013 | | 16:20 EDT | | AGO | Assured Guaranty restores share repurchase authorization for $200M
Subscribe for More Information | | | May 7, 2013 | | 11:26 EDT | | AGO | MBIA rally continues after Bank of America settlement
Subscribe for More Information | | | May 6, 2013 | | 12:30 EDT | | AGO | MBIA, peers jump following report of settlement with Bank of America
Subscribe for More Information | | | 07:54 EDT | | AGO | Assured Guaranty reaches RMBS settlement with UBS
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