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Real Estate News Releases
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(CHARTPOPPERS.COM, December 11, 2009 ) Point Roberts, WA - Chartpoppers.com announces an investment report featuring Financial company Ambac Financial Group Inc (NYSE:ABK)
The Consolidated Investment Analysis on Ambac Financial Group Inc (NYSE:ABK) will be in particular interest to other companys in the Financial sector, such as MBIA Inc. (NYSE:MBI), Assured Guaranty Ltc..(NYSE: AGO) and Radian Group Inc. (NYSE: RDN)
Ambac Financial Group Inc (NYSE:ABK) through its subsidiaries, provides financial guarantee products and other financial services to clients in the public and private sectors worldwide. It operates in two segments: Financial Guarantee and Financial Services. The Financial Guarantee segment offers financial guarantee insurance and other credit enhancement products, such as credit derivatives for public finance and structured finance obligations. It also provides financial guarantees for bond issues and other forms of debt financing.
Recent News on Ambac Financial Group Inc (NYSE:ABK)
Bond insurer Ambac Financial Group Inc. said Thursday it plans to raise its stock price above $1 within six months to avoid being delisted by the New York Stock Exchange
Ambac said in a regulatory filing that it is in the process of evaluating the potential options for raising its stock price to meet the NYSE criteria for maintaining a listing.
On Wednesday, Amabac said it was notified by the exchange that it had fallen below listing standards, which require companies to maintain an average closing price of $1 per share for a period of 30 consecutive trading days.
As of Dec. 8, the date of the NYSE notice to Ambac, the company's average for the preceding 30 trading days was 94 cents per share.
Ambac shares fell 3 cents, or 3.7 percent, to close at 79 cents Thursday. They've traded between 35 cents and $2.09 in the past 52 weeks.
Under the stock exchange's rules, Ambac has six months to bring its share price and 30 trading-day average price back above $1 to stay listed.
Ambac's common stock will continue to be traded as long as the company remains in compliance with other listing requirements.
Ambac's stock traded over $95 a share just two years ago. The company was battered by turmoil in the bond market last year.
To view the Consolidated Investment Analysis on Ambac Financial Group Inc (NYSE:ABK) Please visit the stock pulse page at www.chartpoppers.com
In the report chartpoppers.com covers a recent Financial Summary, Analyst Consensus, Technical Analysis, Comparative Analysis and Insider Trading Activity.
The full report is available at www.chartpoppers.com
Chartpoppers.com is a market research and investment commentary provider. Chartpoppers.com aims to bring undervalued, up and coming companies into the sight of both experienced and non-experienced investors. We try to help investors, at whatever stage in their careers, to get a grasp on the necessary financial data that they need in order to make a educated investment decision. From our daily trading ideas to a in depth coverage of whatÂ’s going on in the markets, we are sure that chartpoppers.com is exactly what you need in order succeed.
For More information please visit us at www.chartpoppers.com
Chartpoppers.com Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. ChartPoppers.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
CHARTPOPPERS.COM
Paul Marek
6047245332
info@chartpoppers.com 
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