Ambac Financial Group (NYSE: AMBC ) is a company that I initially covered this March . In that article, I reviewed its roots in guarantee insurance during the 2008 financial crisis, which led to major claims thatMy articles are written with a mind to owning a stock for years, not trying to predict price movements in a few months. I don't do target prices; I do valuations.I first entered investing in 2020 as an individual value investor, keen to understand the fundamentals of businesses and buy their shares ...

Ambac Financial Group Inc (NYSE:AMBC) Q3 2024 Earnings Conference Call November 13, 2024 8:30 AM ET Company Participants Charles Sebaski - MD & Head of Investor Relation Claude LeBlanc - President, CEO & Director David Trick - Executive VP, CFO & Treasurer Conference Call Participants Mark Hughes - Truist Securities Dennis Chua - Repertoire Partners Harry Fong - Roth MKM Operator Greetings, and welcome to Ambac Financial Group, Inc. Third quarter 2024 Earnings Conference Call. At this time, all participants ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 1-10777 AMBAC FINANCIAL GROUP, INC. (Exact name of Registrant as specified in its charter) | --- | --- | --- | --- | |--------------------------------------------------------- ...

Exhibit 99.1 Ambac Reports Third Quarter 2024 Results and Approval of a $50 Million Stock Repurchase Program NEW YORK, NY, November 12, 2024 (BUSINESS WIRE) -- Ambac Financial Group, Inc. (NYSE: AMBC) ("Ambac" or "AFG"), a financial services holding company, today reported its results for the quarter ended September 30, 2024. Third Quarter 2024 Highlights • Net loss of $(28) million or $(0.63) per diluted share and Adjusted net loss of $(19) million or $(0.46) per diluted share driven by approximately $20 m ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:AZUL (AZUL) is one of the largest airlines in Brazil in terms of departures and destinations covered, offering flights to every region in Brazil. The Zacks Consesnsus Estimate for its current year earnings has been revised 35.0% downward over the last 60 days.Arch Resources (ARCH) is one of the largest coal producers in the United States, operating nine mines across the major coal basins of the country. The Zacks Consensus Estimate fo ...

After declining since the beginning of 2024, shares of Ambac Financial Group, Inc. AMBC have risen by almost 10% over the past five trading sessions.The sale of Ambac Financial Group's legacy financial guarantee business is expected to close by yearend, positioning the holding company for cash earnings "within a year or two," according to Roth Capital Partners.Analyst Harry Fong upgraded the rating for Ambac Financial Group from Neutral to Buy, while raising the price target from $13 to $15.The Ambac Finan ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Ambac Financial Group, Inc. (AMBC) is afinancial services holding company. The Zacks Consensus Estimate for its current year earnings has been revised 10.3% downward over the last 60 days.Beazer Homes USA, Inc. (BZH) is a home-builder that constructs single and multi-family homes. The Zacks Consensus Estimate for its current year earnings has been revised 9.5% downward over the last 60 days.CPI Card Group Inc. (PMTS) is a designer of ...

Ambac Financial Group Inc (NYSE:AMBC) Q2 2024 Results Conference Call August 6, 2024 8:00 AM ET Company Participants Charles Sebaski - MD & Head of Investor Relation Claude LeBlanc - President, CEO & Director David Trick - Executive VP, CFO & Treasurer Conference Call Participants Giuliano Bologna - Compass Point Deepak Sarpangal - Repertoire Partners Operator Greetings, and welcome to the Ambac Financial Group Inc Second Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 1-10777 AMBAC FINANCIAL GROUP, INC. (Exact name of Registrant as specified in its charter) Delaware 13-3621676 | --- | --- | --- | --- | |------------------------------------------ ...

Filed by Ambac Financial Group, Inc. pursuant to Rule 14a-12 under the Securities Exchange Act of 1934 Subject Company: Ambac Financial Group, Inc. Commission File No.: 1-10777 Date: August 5,2024 Exhibit 99.1 Ambac Reports Second Quarter 2024 Results Closes the acquisition of Beat Capital Partners NEW YORK, NY, August 5, 2024 (BUSINESS WIRE) -- Ambac Financial Group, Inc. (NYSE: AMBC) ("Ambac" or "AFG"), a financial services holding company, today reported its results for the quarter ended June 30, 2024. S ...