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Stock Market & Financial Investment News

News Breaks
February 6, 2013
05:22 EDTAGO, FBCFlagstar 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.
News For FBC;AGO From The Last 14 Days
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December 16, 2014
09:59 EDTFBCOn The Fly: Analyst Upgrade Summary
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05:32 EDTFBCFlagstar Bancorp upgraded to Outperform from Market Perform at Keefe Bruyette
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December 11, 2014
07:22 EDTAGOAssured Guaranty close to deal to buy Radian unit for $800M, Reuters says
Assured Guaranty (AGO) is close to a deal to buy Radian's (RDN) financial guaranty business for about $800M, Reuters reports, citing sources. A deal could be announced within the next few days, the sources add. Reference Link

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