Ambac (ABK) Ratings: The Idiots At Moody’s (MCO)
Moody’s (MCO) give credit rating of "Aa1" to both Ambac (ABK) and MBIA (MBI). But, no one else on Wall St. seems to see it that way. According to Reuters "at Thursday’s…
Moody’s (MCO) give credit rating of "Aa1" to both Ambac (ABK) and MBIA (MBI). But, no one else on Wall St. seems to see it that way. According to Reuters "at Thursday’s…
Assured Guaranty (AGO) Small bond insurance company. Wall St. hates bonds. Drops to $17.79 from 52-week high of $31.99. AMBAC (ABK) Big bond insurance company in world where bonds are bad. Down…
Ambac (ABK), the bond insurance company is down 19% today to a 52-week low of $30.10. The high for the period is $96.10. Competing firm MBIA (MBI) is already signalling big trouble.…
ABK cut to Mkt Perform at FBR.ADVNA cut to Mkt Perform at FBR.BBY started as Mkt Perform at Wachovia.BEN cut to Mkt PErform at FBR.BG cut to Neutral at HSBC.CC started as…
We reviewed our different portfolios of key stocks to see which ones performed the best today, and it wasn’t just the financials as a general class. At the end of the day,…
These intra-meeting cuts like the 50-basis point discount rate cut this morning, even if this one is the discount rate rather than the funds rate, do act as stabilizers and you are…
On tonight’s MAD MONEY on CNBC, Jim Cramer said that today and this week proves sometimes you can’t be too bullish. You need a measure for an ‘all-clear’ signal to see when…