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Apr 18, 2013
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Ambac Announces Insurance Commissioner Disapproves Interest Payment on Surplus Notes NEW YORK, April 18, 2013 -- Ambac Assurance Corporation (“Ambac Assurance”) today announced that the Commissioner of Insurance of the State of Wisconsin has disapproved the requests of Ambac Assurance and the
Apr 08, 2013
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Ambac Agrees to Terms of IRS Settlement NEW YORK --(BUSINESS WIRE)--Apr. 8, 2013-- Ambac Financial Group, Inc. (“Ambac”) has reached an agreement with the United States of America with respect to the terms of a settlement (the “IRS Settlement”) that will bring resolution to claims (the “IRS
Mar 27, 2013
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Ambac Reminds Investors That Its Common Stock Will Be Cancelled upon Emergence from Bankruptcy NEW YORK --(BUSINESS WIRE)--Mar. 27, 2013-- Ambac Financial Group, Inc. (“Ambac”) (ticker symbol: ABKFQ) seeks to remind investors, as previously reported, including on page 4 and elsewhere in Ambac’s
Mar 07, 2013
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Ambac Receives Consent to Extend Period to Satisfy Condition to the Effectiveness of the Reorganization Plan NEW YORK --(BUSINESS WIRE)--Mar. 7, 2013-- Ambac Financial Group, Inc. (“Ambac”) has received consent from the United States Department of Justice on behalf of the Internal Revenue Service
Feb 28, 2013
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Ambac Financial Group, Inc. Announces Fourth Quarter 2012 Results NEW YORK --(BUSINESS WIRE)--Feb. 28, 2013-- Ambac Financial Group, Inc. (“Ambac”) today announced a fourth quarter 2012 net profit of $143.6 million , or a net profit of $0.47 per share.
Dec 28, 2012
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Ambac Announces Information about Congressional Joint Committee Review NEW YORK --(BUSINESS WIRE)--Dec. 28, 2012-- Ambac Financial Group, Inc. (“Ambac”) has been informed that the Congressional Joint Committee on Taxation (the “Joint Committee”) has completed its review of the offer (the “Offer”)
Nov 28, 2012
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Ambac Restores Telephone System NEW YORK --(BUSINESS WIRE)--Nov. 28, 2012-- Ambac Financial Group, Inc. and Ambac Assurance Corporation (the “Companies”) have restored the telephone system at their headquarters in New York City . Telephone inquiries may be made directly to staff at their respective
Nov 20, 2012
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Ambac to Reopen New York City Headquarters KINGSTON, N.Y. --(BUSINESS WIRE)--Nov. 20, 2012-- Ambac Financial Group, Inc. and Ambac Assurance Corporation , (the “Companies”), will reopen their headquarters at One State Street Plaza , New York, New York on Monday, November 26, 2012 .
Nov 14, 2012
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Ambac Financial Group, Inc. Announces Third Quarter 2012 Results NEW YORK --(BUSINESS WIRE)--Nov. 14, 2012-- Ambac Financial Group, Inc. (“Ambac”) today announced a third quarter 2012 net profit of $157.5 million , or a net profit of $0.52 per share. This compares to a third quarter 2011 net loss
Oct 30, 2012
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Ambac Relocates Headquarters to Disaster Recovery Site KINGSTON, N.Y. --(BUSINESS WIRE)--Oct. 30, 2012-- Ambac Financial Group, Inc. and Ambac Assurance Corporation , (the “Companies”), in response to the effects of Hurricane Sandy, have indefinitely closed their headquarters at One State Street
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