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While landlords prefer tenants with the strongest financial positions to sign leases, they may sometimes accept a “shell” entity — created solely to operate the business at the leased premises — ...

NEW YORK--(BUSINESS WIRE)-- Ambac Financial Group, Inc. (AMBC), an insurance holding company, today announced it has completed the sale of its legacy financial guarantee businesses, Ambac Assurance ...

NEW YORK - A futures exchange that handled trades by failed broker MF Global said Friday it will cover as much as $300 million to help speed the release of funds frozen since the firm filed for ...

A soon-to-expand prohibition on nursing homes’ use of third-party financial guarantees could lead to more operators using lawsuits to collect as residents’ unpaid debt becomes a bigger financial ...

After declining since the beginning of 2024, shares of Ambac Financial Group, Inc. (NYSE:AMBC) have risen by almost 10% over the past five trading sessions. The sale of Ambac Financial Group's legacy ...

Ambac Financial (NYSE:AMBC) stock surged 11% in Monday morning trading after extending the stock purchase agreement related to the sale of its legacy financial guarantee business to funds managed by ...