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Market Watch (Free subscription) | 08/07/2009
BOSTON (MarketWatch) -- Ambac Financial Group Inc. on Friday reported a second-quarter net loss of $2.4 billion, or $8.33 a share, compared with net income of $823.1 million, or $2.80 a share, in the same period the previous year. The bond insurer said Ambac Assurance Corp. and the investment agreement business booked other-than-temporary impairment losses of $675.4 million and $186.7 million, respectively,...
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Market Watch (Free subscription) | 03/02/2009
SAN FRANCISCO (MarketWatch) -- Ambac Financial Group Inc. said late Monday it appointed Gregory Raab as its new chief risk officer. Raab succeeds David Wallis, who was promoted to president and chief executive in October. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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EmailWire.Com (Free subscription) | 02/26/2009
(EMAILWIRE.COM, February 26, 2009 ) DALLAS, Texas – Beacon Equity Research announces the release of Trade Alerts covering Market Movers: Visteon Corp. (NYSE: VC), KBR Inc. (NYSE: KBR), Dollar Tree Inc. (Nasdaq: DLTR), Wynn Resorts Ltd. (Nasdaq: WYNN), Ambac Financial Group Inc. (NYSE: ABK) and...
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Reuters UK (Free subscription) | 02/02/2009
NEW YORK, Feb 2 (Reuters) - Bond insurer Ambac Financial Group Inc , whose shares have lost nearly all their value, said on Monday that it awarded chairman Michael Callen a $975,000 bonus for 2008 and Chief Executive David Wallis, who succeeded Callen on Oct. 21, a $500,000 bonus.
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