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Tuesday, November 2, 2010

11/2 Yahoo! Finance: Surety & Title Insurance Industry News

     
    Yahoo! Finance: Surety & Title Insurance Industry News    
   
Law Offices of Howard G. Smith Announces Investigation on Behalf of Shareholders of CNA Surety Corporation in Connection with the Proposed Acquisition of the Company by CNA Financial Corporation
November 2, 2010 at 1:30 AM
 
[Business Wire] - Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of CNA Surety Corporation related to the proposed acquisition of the Company by CNA Financial Corporation .
   
   
Ambac warns over prospect of bankruptcy
November 2, 2010 at 12:26 AM
 
[at Financial Times] - Ambac, the US bond insurer that once provided triple A guarantees on hundreds of billions of dollars worth of debt, said on Monday it may have to file for bankruptcy this year.
   
   
The Law Office of Abe Shainberg Launches an Investigation into the Possible Breaches of Fiduciary Duty by the Board of CNA Surety Corporation in Connection with the Sale of the Company to CNA Financial Corporation – SUR
November 2, 2010 at 12:02 AM
 
[Business Wire] - The Law Office of Abe Shainberg is investigating the Board of Directors of CNA Surety Corporation for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to CNA Financial Corporation .
   
   
Ambac Says Chapter 11 a Possibility By Year-End
November 1, 2010 at 11:31 PM
 
   
   
Ryan & Maniskas, LLP Announces Investigation of CNA Surety Corp.
November 1, 2010 at 11:30 PM
 
[Business Wire] - Ryan & Maniskas, LLP is investigating potential claims against the board of directors of CNA Surety Corp. concerning the Company's receipt of a proposal from CNA Financial Corporation to acquire the remainder of the Company it does not already own in a transaction valued at approximately $375 million .
   
   
Credit-Default Swaps Little Changed After Manufacturing Report
November 1, 2010 at 10:57 PM
 
   
   
Ambac in talks for prepackaged bankruptcy
November 1, 2010 at 10:06 PM
 
[AP] - Bond insurer Ambac Financial Group Inc. said Monday it will file for bankruptcy by the end of the year, either through a prepackaged plan arranged with senior debt holders or through Chapter 11 proceedings.
   
   
Ambac says may go bankrupt this year; shares sink
November 1, 2010 at 9:32 PM
 
[Reuters] - Ambac Financial Group Inc , which was the second-largest U.S. bond insurer before suffering huge losses on risky mortgages, said it may file for bankruptcy protection as soon as this year after skipping a bond interest payment.
   
   
Ambac Shares Fall 49%; Goldman Slips In Bond Trading
November 1, 2010 at 9:06 PM
 
   
   
PMI Group Widens Loss
November 1, 2010 at 9:05 PM
 
   
   
Summary Box: Ambac seeks prepackaged bankruptcy
November 1, 2010 at 9:01 PM
 
[AP] - BANKRUPTCY LIKELY: Bond insurer Ambac Financial Group Inc. is likely to file for bankruptcy by the end of the year, either through a prepackaged plan arranged with senior debt holders or through Chapter 11 proceedings.
   
   
The Briscoe Law Firm Investigates CNA Surety Corporation for Shareholders
November 1, 2010 at 8:08 PM
 
[Business Wire] - The Briscoe Law Firm, PLLC, founded by a former state prosecutor and enforcement attorney for the United States Securities and Exchange Commission, and the law firm of Powers Taylor, LLP are investigating potential legal claims against the Board of Directors of CNA Surety Corporation related to the proposed acquisition of the Company by CNA Financial Corporation.
   
   
Create Goals But Be Flexible In How You Get There
November 1, 2010 at 8:04 PM
 
   
   
Ambac Financial Shares Plunged: What You Need to Know
November 1, 2010 at 7:58 PM
 
   
   
The Law Office of Robbins Umeda LLP Announces an Investigation into the Proposed Acquisition of CNA Surety Corporation by CNA Financial Corporation
November 1, 2010 at 7:56 PM
 
[Business Wire] - Robbins Umeda LLP has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by members of the Board of Directors of CNA Surety Corporation in connection with their efforts to sell CNA Surety to CNA Financial Corporation .
   
   
RIP, bond insurance
November 1, 2010 at 7:12 PM
 
   
   
Credit-Default Swaps Fall as U.S. Manufacturing Jumps to Five-Month High
November 1, 2010 at 7:02 PM
 
   
   
Ambac says may go bankrupt this year
November 1, 2010 at 6:51 PM
 
[Reuters] - Ambac Financial Group Inc , which was the second-largest U.S. bond insurer before suffering huge losses on risky mortgages, said it may file for bankruptcy protection as soon as this year after skipping a bond interest payment.
   
   
Wolf Haldenstein Investigating CNA Surety Corporation Board
November 1, 2010 at 6:44 PM
 
[Business Wire] - Attorney Advertising. The law firm of Wolf Haldenstein Adler Freeman & Herz LLP is investigating possible breaches of fiduciary duty by the Board of Directors of CNA Surety Corporation [NYSE:SUR] arising out of the proposed acquisition of CNA Surety Corporation by CNA Financial Corporation .
   
   
Ambac sees bankruptcy ahead
November 1, 2010 at 6:44 PM
 
[at Fortune] - A signal moment of the financial meltdown came a step closer to reality Monday. Bond insurer Ambac failed to make a scheduled $2.8 million interest payment on some debt and warned that it expects to be in bankruptcy by year-end, one way or another.
   
   
[video] CNA Financial Suggest Acquisition of CNA Surety
November 1, 2010 at 6:10 PM
 
   
   
Bond insurance shrinks to industry of one
November 1, 2010 at 5:59 PM
 
   
   
Levetown & Jenkins, LLP Announces an Investigation of CNA Financial Corporation's Offer to Acquire CNA Surety Corporation
November 1, 2010 at 5:42 PM
 
[Business Wire] - Levetown & Jenkins, LLP is conducting an investigation into alleged breaches of fiduciary duties by CNA Surety Corporation and its Board of Directors in conjunction with the proposed buyout by CNA Financial Corporation .
   
   
Ambac in talks for prepackaged bankruptcy
November 1, 2010 at 5:36 PM
 
[AP] - Bond insurer Ambac Financial Group Inc. said Monday it will file for bankruptcy by the end of the year, either through a prepackaged plan arranged with senior debt holders or through Chapter 11 proceedings.
   
   
Rigrodsky & Long, P.A. Investigates CNA Surety Corporation Buyout Proposal
November 1, 2010 at 5:24 PM
 
[Business Wire] - Rigrodsky & Long, P.A. announces that it is investigating potential claims against the board of directors of CNA Surety Corporation concerning the Company's receipt of a proposal from CNA Financial Corporation to acquire the remainder of the Company it does not already own in a transaction valued at approximately $375 million .
   
   
Ambac Pursuing Restructuring Through Prepackaged Bankruptcy
November 1, 2010 at 5:17 PM
 
   
   
The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into the Possible Breaches of Fiduciary Duty by the Board of CNA Surety Corporation in Connection with the Sale of the Company to CNA Financial Corporation – SUR
November 1, 2010 at 5:15 PM
 
[Business Wire] - Levi & Korsinsky is investigating the Board of Directors of CNA Surety Corporation for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to CNA Financial Corporation .
   
   
Kendall Law Group Investigates CNA Surety Corporation for Shareholders
November 1, 2010 at 5:03 PM
 
[Business Wire] - Kendall Law Group, led by former federal judge Joe Kendall, is investigating CNA Surety Corporation for shareholders in connection with the proposed acquisition by CNA Financial Corporation.
   
   
Ambac misses interest payment, may file bankruptcy
November 1, 2010 at 4:55 PM
 
[at MarketWatch] - Shares of Ambac plunge as the company says it would miss an interest payment on its debt and may file for bankruptcy by year-end.
   
   
Ambac Skips Interest Payment, Warns of Bankruptcy
November 1, 2010 at 4:44 PM
 
   
   
'Mortgagegate': When Risk Comes Home to Roost
November 1, 2010 at 4:03 PM
 
   
   
Ambac says may go bankrupt this year
November 1, 2010 at 3:53 PM
 
[Reuters] - Ambac Financial Group Inc , which was the second-largest U.S. bond insurer before suffering huge losses on risky mortgages, said it may file for bankruptcy protection this year after missing an interest payment on some debt.
   
   
Ambac in Bankruptcy Talks
November 1, 2010 at 3:13 PM
 
   
   
Financials open higher; Ambac drops on warning
November 1, 2010 at 2:38 PM
 
   
   
CNA Surety Receives Proposal for CNA to Acquire Public Minority Stake
November 1, 2010 at 2:29 PM
 
[PR Newswire] - CNA Surety Corporation announced today that it has received a proposal from CNA Financial Corporation to acquire all of the outstanding shares of common stock of CNA Surety that are not currently owned by subsidiaries of CNA for $22.00 per share in cash.
   
   
Bond-Insurer Ambac Getting Crushed After Skipping Interest Payment And Warning Of Bankruptcy
November 1, 2010 at 2:25 PM
 
[Silicon Alley Insider] - Ambac might not make it long enough to get the mortgage bond putback bonus.
   
   
Ambac Seeks Restructuring With Prepackaged Bankruptcy: Video
November 1, 2010 at 2:21 PM
 
   
   
How Did Ambac Get in this Mess?
November 1, 2010 at 1:58 PM
 
   
   
CoreLogic to Present at the J.P. Morgan Ultimate Services Conference
November 1, 2010 at 1:30 PM
 
[PR Newswire] - CoreLogic , a leading provider of information, analytics and business services, today announced that Buddy Piszel, chief financial officer, for CoreLogic, will be a presenter at the J.P.
   
   
Ambac misses interest payment, shares plunge
November 1, 2010 at 1:22 PM
 
   
   
Ambac Board of Directors Decides Not to Make Regularly Scheduled Interest Payment
November 1, 2010 at 1:15 PM
 
[Business Wire] - Ambac Financial Group, Inc. announced today that its Board of Directors decided not to make the regularly scheduled interest payment due today, November 1, 2010, on the Company's 7.50% Debentures due May 1, 2023 .
   
     
 
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