Ambac Financial posts $392M loss in 1st quarter Forbes, NY AP , 05.11.09, 10:10 AM EDT Bond insurer Ambac Financial Group Inc. said Monday it lost $392.2 million in the first quarter, a narrower loss than the year before, in part due to a rise in value in credit derivatives. Ambac ( ABK - news - people ) lost ... Ambac's 1Q Loss Narrows On Gain,Year-Earlier Write-Down Ambac Financial Q1 Loss Narrows, Stock Climbs - Update Ambac Financial Group, Inc. Announces First Quarter Net Loss of ... |
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FINANCIAL STOCKS - MarketWatch
FINANCIAL STOCKS MarketWatch By MarketWatch BOSTON (MarketWatch) -- The US financial sector backtracked Monday after several banks announced common-stock offerings designed to help pay back the funds they've borrowed from the government under its rescue plan. , , ) , a widely ... |
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US Stocks Fall; Financial Sector Corrects On Capital Raises - Wall Street Journal
US Stocks Fall; Financial Sector Corrects On Capital Raises Wall Street Journal By Peter A. McKay and Rob Curran US stocks fell, weighed down by the financial sector as even banks told by the government that they didn't need to shore up capital went looking for it. Investors bought bank shares last week in the hopes that the ... |
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