Ambac Financial Group, Inc. (NYSE:ABK) surged 15.06% to $0.898 on an unusual volume of 47.67 million shares after the troubled bond insurer reached a deal with bankrupt Lehman Brothers Holdings Inc. regarding claims the two filed against each other. Ambac Financial Group, Inc. (Ambac) is a primarily a holding company. The Company, through its subsidiaries, provides financial guarantees and financial services to clients in both the public and private sectors worldwide.
The PMI Group, Inc. (NYSE:PMI) spurted 4.63% to $4.07 on an unusual volume of 9.39 million shares. The company said that it will host a conference call to review third quarter 2010 financial results on Thursday, October 28, 2010 at 9:00 a.m. PDT (12:00 p.m. EDT). Financial results for the third quarter of 2010 will be released at approximately 3:00 a.m. PDT (6:00 a.m. EDT) on October 28, 2010. Leon Cooperman, whose Omega Advisors Inc. disclosed a stake in mortgage guarantor PMI Group Inc., said the insurer will rebound after posting 12 straight quarterly losses.“We feel they’re a survivor,” Cooperman said in a telephone interview.
Hartford Financial Services (NYSE:HIG) declined 1.26% to $23.44 on a volume of 3.66 million shares. Connecticut State Treasurer Denise L. Nappier announced that, after a competitive bid process, she has selected The Hartford Financial Services Group Inc. to launch and manage CHET Advisor, a new advisor-sold 529 college savings program. TIAA-CREF will continue to manage the Connecticut Higher Education Trust (CHET). The stock has been moving within a range of $18.81-$30.46 over the past 52-weeks.
American International Group, Inc. (NYSE:AIG) climbed 0.12% to $40.79 on a volume of 2.99 million shares. International Lease Finance Corporation (ILFC), a wholly-owned subsidiary of American International Group, Inc. today announced the repayment of a $2 billion bank loan. PricewaterhouseCoopers LLP’s two- year-old, $97.5 million settlement with holders of American International Group Inc. securities is set to go before a federal judge next month.
ไม่มีความคิดเห็น:
แสดงความคิดเห็น