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Latest News | Top Stories |
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Ambac Chief Financial Officer Sean Leonard resigns
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AP
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Tue 3:10 pm ET
Embattled bond insurer Ambac Financial Group Inc. announced Tuesday the resignation of its chief financial officer. The company, based in New York, said Sean Leonard left "to pursue other interests."
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Radian CFO to Present at the Friedman, Billings, Ramsey Capital Markets Fall Investor Conference
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PR Newswire
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Mon 9:15 am ET
Radian Group Inc. announced today that C. Robert Quint, executive vice president and chief financial officer, will be presenting at the Friedman, Billings, Ramsey Capital Markets Fall Investor Conference, which is being held at the Grand Hyatt New York in New York City on Tuesday, December 1, 2009 at 10:00 a.m.
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Ambac Meets With Wisconsin Regulators
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TheStreet.com
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Fri Nov 20
Wisconsin's top insurance regulator traveled to New York to meet with executives from Ambac and the investment bank Jefferies yesterday.
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Video: PMI Introduces New Video to Help Distressed Homeowners
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PR Newswire
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Thu Nov 19
PMI Mortgage Insurance Co., today introduced a new video to help homeowners experiencing financial hardship understand the benefits of the Home Affordable Modification Program and how they can take advantage of this important program.
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Law Office of Brodsky & Smith, LLC Announces Investigation on Behalf of Participants in the MBIA, Inc. 401(k) Plan
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Business Wire
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Tue Nov 17
BALA CYNWYD, Pa.----Law office of Brodsky & Smith, LLC announces that it is investigating MBIA, Inc. investment of Plan participants and beneficiaries assets in company stock. The investigation concerns whether administrators breached their fiduciary duties and violated the Employee Retirement Income Security Act of 1974 by investing assets in company stock when it was not a prudent investment for participants’ retirement savings.
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Triad Guaranty Inc. Receives NASDAQ Notice of Noncompliance with Listing Rule Relating to the Market Value of Publicly Held Shares
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PR Newswire
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Mon Nov 16
SALEM, N.C., Nov. 16 /PRNewswire-FirstCall/ -- Triad Guaranty Inc. today announced that on November 11, 2009, it received a notice from The NASDAQ Stock Market stating that the Company was no longer in compliance with NASDAQ Listing Rule 5450©, which requires the Company to maintain a minimum market value of $15 million of its total outstanding shares of common stock .
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Specialty Insurers on the Ropes
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Morningstar.com
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Mon Nov 16
Mortgage and bond insurance industries are a wreck, but title insurance offers some opportunities.
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Trading Outlook for the PMI Group Inc. Issued by StockPreacher.com
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GlobeNewswire
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Mon Nov 16
DALLAS -- StockPreacher.com announces an investment report featuring The PMI Group Inc. . The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.
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Radian Declares Regular Quarterly Dividend on Common Stock
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PR Newswire
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Thu Nov 12
Radian Group Inc. announced today that the company's Board of Directors approved a regular quarterly dividend on its common stock in the amount of $0.0025 per share, payable on December 23, 2009, to stockholders of record as of November 23, 2009.
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Triad Guaranty Inc. Reports Third Quarter Results
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PR Newswire
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Tue Nov 10
SALEM, N.C., Nov. 10 /PRNewswire-FirstCall/ -- Triad Guaranty Inc. today reported a net loss for the quarter ended September 30, 2009 of $101.9 million compared to a net loss of $359.4 million for the second quarter of 2009 and a net loss of $160.1 million for the third quarter of 2008.
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