Financial Security Assurance Holdings Ltd.
News and overview for Financial Security Assurance Holdings Ltd.
Assured Guaranty Ltd. Reports Third Quarter 2009 Net Loss of $35.0 Million ($0.22 per Diluted Share) [Press Release]
Business Wire | 6 days 4 hours 24 minutes ago
Assured Guaranty Ltd. (NYSE:AGO) (“AGL” and, together with its subsidiaries, “Assured Guaranty” or “the Company”) today reported a net loss for Assured Guaranty Ltd. and subsidiaries (“consolidated net loss”) of $35.0 million ($0.22 per diluted share) for the quarter ended September 30, 2009 (“third quarter 2009”) as compared to a net loss of $63.3 million ($0.69 per diluted share) in third quarter 2008. These results are consistent with AGL’s preannouncement of third quarter 2009 financial r...
Assured Guaranty Ltd. Announces Preliminary Third Quarter 2009 Financial Results and Financial Information [Press Release]
Business Wire | 12 days 5 hours 9 minutes ago
Assured Guaranty Ltd. (NYSE:AGO) (“Assured Guaranty” or the “Company”) today announced preliminary financial results for the third quarter ended September 30, 2009 (“third quarter 2009”), which includes the financial results of Financial Security Assurance Holdings Ltd. (“FSAH”), which it acquired on July 1, 2009. As a result of the FSAH acquisition and the required consolidation and acquisition accounting, Assured Guaranty’s third quarter 2009 financial results are not comparable to prior re...
Fitch Downgrades Assured Guaranty to 'AA-' & FSA to 'AA'; Outlook Negative [Press Release]
Business Wire | 41 days 7 hours 42 minutes ago
Fitch Ratings has downgraded the Insurer Financial Strength (IFS) rating of Assured Guaranty Corp. (AGC) to 'AA-' from 'AA', and the IFS rating of Financial Security Assurance Inc. (FSA) to 'AA' from 'AA+'. Fitch has also downgraded the debt ratings of the U.S. holding companies - Assured Guaranty US Holdings Inc. (AGUSH) and Financial Security Assurance Holdings Ltd. (FSA Holdings) to 'A-'. The ratings have been removed from Rating Watch Negative and assigned a Negative Rating Outlook. A ful...
Assured Guaranty Ltd. Announces Intention to Re-List Financial Security Assurance Holdings Ltd. Debt Securities on the New York Stock Exchange [Press Release]
Business Wire | 23 days 5 hours 29 minutes ago
Assured Guaranty Ltd. (NYSE:AGO) (“Assured” or the “Company”) today announced that it intends to re-list on the New York Stock Exchange (the "NYSE") the following debt securities (the “Securities”) of Assured’s subsidiary Financial Security Assurance Holdings Ltd. (“FSAH”):
GE, Dexia Units Said to Be Unnamed Firms in Rubin Muni Bid-Rig Indictment
Bloomberg | 4 days 8 hours 49 minutes ago
Trinity Funding Co., owned by General Electric Capital Corp., and Financial Security Assurance Holdings Ltd. were two of four unidentified companies in the Oct. 29 indictment of CDR Financial Products Inc., its founder, David Rubin, and two executives, according to the people, who spoke on the condition of anonymity because they weren't authorized to do so publicly. Trinity and FSA weren't charged.
Assured Guaranty 3Q Loss Narrows On Acquisition >AGO
Wall Street Journal, The | 6 days 3 hours 33 minutes ago
DOW JONES NEWSWIRES Assured Guaranty Ltd.'s (AGO) third-quarter loss--its sixth in the past two years--narrowed as the bond insurer's revenue swelled from an acquisition.
Assured Guaranty forecasts 3rd-quarter loss
Seattle Times, The | 12 days 2 hours 3 minutes ago
NEW YORK Shares of Assured Guaranty Ltd. slid more than 6 percent in Tuesday aftermarket trading, after the bond insurer said acquisition and other costs will cause it to post a loss for the third quarter.
Assured Guaranty forecasts 3rd-quarter loss - National Business - MiamiHerald.com
Miami Herald, The | 12 days 1 hour 51 minutes ago
Emdeon Corp., which provides financial and clinical services to the health care industry, said Tuesday its third-quarter loss widened on higher expenses and a boost in income tax costs.
Wire Business News
Sacramento Bee (Calif.), The | 12 days 1 hour 47 minutes ago
NEW YORK -- Shares of Assured Guaranty Ltd. slid more than 6 percent in Tuesday aftermarket trading, after the bond insurer said acquisition and other costs will cause it to post a loss for the third quarter.
Assured Guaranty forecasts 3rd-quarter loss - Business Wire - SunHerald.com
Sun Herald (Biloxi-Gulfport, Miss.), The | 12 days 1 hour 45 minutes ago
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Assured Guaranty forecasts 3rd-quarter loss
Forbes | 12 days 1 hour 56 minutes ago
NEW YORK -- Shares of Assured Guaranty Ltd. slid more than 6 percent in Tuesday aftermarket trading, after the bond insurer said acquisition and other costs will cause it to post a loss for the third quarter.
Assured Guaranty shares tumble on expected 3rd-quarter loss of 22 cents per share -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 12 days 1 hour 46 minutes ago
NEW YORK (AP) — Shares of Assured Guaranty Ltd. slid more than 6 percent in Tuesday aftermarket trading, after the bond insurer said acquisition and other costs will cause it to post a loss for the third quarter.
Assured Guaranty Forecasts 3rd-Quarter Loss
ABC News | 12 days 1 hour 37 minutes ago
Assured Guaranty shares tumble on expected 3rd-quarter loss of 22 cents per share
Assured Guaranty shares tumble on expected 3rd-quarter loss of 22 cents per share
Sun (Baltimore), The | 12 days 1 hour 34 minutes ago
Shares of Assured Guaranty Ltd. slid more than 6 percent in Tuesday aftermarket trading, after the bond insurer said acquisition and other costs will cause it to post a loss for the third quarter.
Assured Guaranty Expects Improved 3Q Results; Shares Fall
Wall Street Journal, The | 12 days 3 hours 23 minutes ago
DOW JONES NEWSWIRES Assured Guaranty Ltd. (AGO) projected improved results as the bond insurer continues to move away from woes of the past.
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Company Overview
| Company: | Financial Security Assurance Holdings Ltd. |
|---|---|
| Industry: | Surety Insurance |
| Website: | http://www.fsa.com |
Voters might approve a new bond package, but Financial Security Assurance Holdings wants to make sure that the city will pay it off on time. Through its subsidiaries, Financial Security Assurance (FSA) provides guaranty insurance on municipal bonds and other public finance projects. The company insures new issues and those already trading in the secondary market. The company operates primarily in the US, but also extends into Europe, Mexico, and the Pacific Rim. The company is mostly owned by Assured Guaranty, with the exception of a 14% stake which is owned by French-Belgian banker (and former owner) Dexia.
Key Numbers
| Sales in U.S. Dollars (mil.) | 1,229.3 (2008) |
|---|---|
| One-year % Growth in Sales | 0.0 (2008) |
| Net Income in U.S. Dollars (mil.) | 0 () |
| One-year % Growth in Net Income | 0.0 () |
| Number of Employees | 396 (2008) |
| One-year % Growth in Number of Employees | 0.0 (2008) |
| Fiscal Year-End | December |