QUOTE AND NEWS
TheStreet.com  Jul 1  Comment 
NEW YORK (TheStreet) -- Assured Guaranty shares are rising today, up 3.02% to $24.72, in afternoon trading on Wednesday, rallying from two straight sessions of decline, after the Puerto Rico Electric Power Authority (PREPA) reached a deal...
TheStreet.com  Jun 30  Comment 
NEW YORK (TheStreet) -- Assured Guaranty shares are flat at $23.76 on heavy volume as the stock has fluctuated between negative and positive territory in trading today as it continues to suffer the fallout from Puerto Rico announcing that it...
Benzinga  Jun 30  Comment 
In a report published Tuesday, MKM Partners analyst Harry Fong said that the pressure on financial guarantee stocks, following Puerto Rico Governor Alejandro Garcia Padilla's pronouncement that the Commonwealth could not afford to pay its debt,...
Benzinga  Jun 29  Comment 
The Dow fell 1.04 percent to 17,759.74, while the NASDAQ composite index fell 1.11 percent to 5,024.20. The broader Standard & Poor's 500 index dropped 0.97 percent to 2,081.19. The worst performing industries in the market today are: Surety...
TheStreet.com  Jun 29  Comment 
NEW YORK (TheStreet) -- Assured Guaranty shares are down 11.09% to $24.38 in morning trading on Monday due to the fallout of Puerto Rico Governor Alejandro Garcia Padilla telling the New York Times that the U.S. territory's $72 billion debt...
Market Intelligence Center  Jun 29  Comment 
After closing Friday at $27.42, Assured Guaranty Ltd (AGO) presents an attractive opportunity to get a 4.42% return in just 109 days, which is an annualized return of 14.79% (for comparison purposes only). To enter this trade, sell one Oct. '15...
Market Intelligence Center  Jun 17  Comment 
Assured Guaranty Ltd (AGO) was selected by MarketIntelligenceCenter.com’s trade-picking algorithms today after trading between $28.70 and $29.14 on Tuesday before closing at $29.09. A diagonal spread using a long position in the Jan. '16 $22.00...
The Hindu Business Line  Jun 1  Comment 
The Reserve Bank Governor, Dr. C. Rangarajan, has hinted at a hike in interest rate on export credit. With the deposit rate up at 12 per cent, it may not be possible for banks to c...




 
TOP CONTRIBUTORS

Assured Guaranty Ltd. is a Bermuda-based holding company whose subsidiaries provide credit enhancement products to the capital markets through its three principal insurance subsidiaries: Assured Guaranty Corp., Assured Guaranty (UK) Ltd. and Assured Guaranty Re Ltd.

Assured Guaranty Corp., which began operations in 1988, is a Maryland-domiciled financial guaranty insurance company licensed in all 50 states, the District of Columbia and Puerto Rico. It is the company's principal direct financial guaranty company and is focused on the mortgage-backed, asset-backed, public finance, structured finance and structured credit markets. Assured Guaranty Corp. has insurer financial strength ratings of AAA from Standard & Poor’s, Aaa from Moody's Investors Service and AAA from Fitch Ratings.

Business and Financials

Assured Guaranty (UK) Ltd., the company's principal international direct financial guaranty company, is a financial guaranty insurer authorized and regulated by the Financial Services Authority of the United Kingdom. It is authorized to write insurance in the other 27 countries in the European Economic Area. Assured Guaranty (UK) Ltd. has insurer financial strength ratings of AAA from Standard & Poor’s, Aaa from Moody’s Investors Service and AAA

Assured Guaranty Re Ltd. is a Bermuda Class 3 insurer authorized to write general and long-term business, specializing in financial guaranty reinsurance. Assured Guaranty Re Ltd. has insurer financial strength ratings of AA from Standard & Poor’s and Fitch Ratings and Aa2 from Moody’s Investors Service.

Assured Guaranty (AGO) said late Thursday that second-quarter net income came in at $545.2 million, or $5.97 a share, up a lot from the same period a year earlier when the bond insurer made $32.8 million, or 47 cents a share. The big increase was driven mainly by $518.3 million in after-tax unrealized gains on credit derivatives. Operating income, which excludes such gains and losses, was $38.7 million, or 42 a share.


References

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