Security Capital Assurance (SCA) Warns of loss and hires investment bank to help out of trouble. Stock drops to $.67 from 52-week high of $34.58.Deerfield Capital (DFR) Big loss on ... Read Full Story »
Security Capital Assurance Ltd. (NYSE: SCA) has been terminated from coverage at bulge bracket firm Goldman Sachs after the company has seen shares plummet over recent months. The company noted ... Read Full Story »
Warren Buffett of Berkshire Hathaway (NYSE: BRK-A, BRK-B) just appeared on CNBC with his plan to save the bond insurance business in the U.S. for municipal bond issuers. He noted ... Read Full Story »
Goldman Sachs issued an interesting note on the various bond insurers, although some of this data may have been put out yesterday. The firm is listing three scenario valuation assumptions ... Read Full Story »
These are not the only analyst calls out there, but these are the top calls that 247WallSt.com is focusing on today:Ambac (ABK), M B I A Inc. (MBI), and Security ... Read Full Story »
We have been pretty critical of the ratings agencies not being on their toes and calling on things far too late. In fact, I have been an anti-fan of theirs ... Read Full Story »
Security Capital Assurance (SCA) Bond insurance company does not have enough capital to keep strong bond rating. Drops to $3.56 from 52-week high of $34.52.CSK Auto (CAO) Company gets brokerage ... Read Full Story »
According to Reuters, Goldman Sachs (GS) issued a report saying the housing sector had much further to fall and that some financial institutions would have to raise money to stay ... Read Full Story »
AMBAC (ABK) Bond insurance company dropping like a rock on fears that it has huge exposures to CDOs. Down to $21.62 from 52-week high of $96.10.Security Capital Assurance (SCA) Another ... Read Full Story »