Edition:
United Kingdom

Ambac announces third quarter loss of $4.20 per share


Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Ambac Financial Group Inc :Ambac announces third quarter 2017 results.Q3 adjusted loss per share $3.30.Q3 loss per share $4.20.Loss in q3 were adversely impacted by public finance losses and loss expenses incurred​.Board completed a comprehensive review of ambac's corporate strategy​.To ‍evaluate future new business initiatives in certain business sectors, adjacent to co's core business​.To conduct ‍ongoing review of organizational cost effectiveness and efficiency of operating platform​. 

Company Quote

18.35
-0.15 -0.81%
22 Apr 2019