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Aug 08, 2013
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NEW YORK , Aug. 8, 2013 (GLOBE NEWSWIRE) -- Ambac Financial Group, Inc. announced today that it will release its second quarter 2013 results before the market open on August 14, 2013 . About Ambac Ambac Financial Group, Inc. ("Ambac"), headquartered in New York City , is a holding company whose
Aug 02, 2013
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NEW YORK , Aug. 2, 2013 (GLOBE NEWSWIRE) -- Ambac Assurance Corporation ("Ambac") announced that the Circuit Court for Dane County , Wisconsin has today issued an order (the "Order")  granting approval of the motion filed on July 11, 2013 by the Wisconsin Commissioner of Insurance, acting as the
Jul 08, 2013
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NEW YORK , July 8, 2013 (GLOBE NEWSWIRE) -- Ambac Assurance Corporation ( Ambac ) believes that the proposal put forth by the City of Detroit's state-appointed emergency manager, as well as the failure on the part of the State of Michigan to protect the status of General Obligation bonds, is
May 15, 2013
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NEW YORK --(BUSINESS WIRE)-- Ambac Financial Group, Inc. ("Ambac") (NASDAQ: AMBC) today announced a first quarter 2013 net profit of $282.3 million , as compared to a first quarter 2012 net profit of $253.3 million . Relative to first quarter 2012, the improvement in first quarter 2013 results was
May 01, 2013
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Ambac Emerges from Bankruptcy NEW YORK, May 1, 2013 - Ambac Financial Group, Inc. (“Ambac” or the “Company”) announced today the effectiveness of its Second Modified Fifth Amended Plan of Reorganization (the “Plan”), which marks the completion of its financial restructuring and Ambac’s emergence
Apr 29, 2013
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Ambac Positioned to Emerge From Bankruptcy NEW YORK, April 29, 2013 - Ambac Financial Group, Inc. (“Ambac”) announced today that the United States Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court”) approved a settlement with the United States of America (“United
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
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