Ambac Announces First Quarter 2016 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/11/2026
- Wall St set to gain on tech rebound, Middle East in focus
- Oracle results beat estimates, but shares fall on plans for $40 billion raise
- Oil rises as Trump repeats Iran attack threat
- Intel rallies as BofA double-upgrades stock on increased CPU, foundry visibility
- Oppenheimer sees little strategic case for Tesla-SpaceX merger
- Needham Starts Hyliion Holdings (HYLN) at Buy
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Alibaba falls on China AI capex report; Citi says selloff is premature
- Crude Inventory Fell 7.2 Million Barrels Last Week, Says EIA
Ambac (AMBC) Reports Q1 EPS of $0.21
May 10, 2016 5:44 PM EDTAmbac (NASDAQ: AMBC) reported Q1 EPS of $0.21 and operating EPS of $4.82.
Commenting on the first quarter 2016 results, Nader Tavakoli, President and Chief Executive Officer, said, "The substantial momentum we generated in 2015 across our strategies continued in the first quarter of 2016 with post-emergence records in quarterly purchases of Ambac distressed securities and adjusted book value per share, and a further 7% reduction in... More
