AMBAC (AMBC) gains 0.06% for October 28

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AMBAC Financial Group Inc. (NYSE: AMBC), a New York, New York company, gained to close at $ 16.99 on Thursday after gaining $ 0.01 (0.06%) on 305,676 stock volume . The stock ranged from a high of $ 17.19 to a low of $ 16.75, while AMBAC’s market cap now stands at $ 785,221,971.

AMBAC currently has around 113 employees.

About Groupe Financier AMBAC inc.

Ambac Financial Group, Inc. (“Ambac” or “AFG”), headquartered in New York, is a financial services holding company whose principal subsidiaries Ambac Assurance Corporation and Ambac UK Limited are guarantee insurance companies financial institution currently in liquidation. Current policies include financial guarantees of public finances and structured finance obligations in the public and private sectors globally. Ambac’s common stock is listed on the New York Stock Exchange under the symbol “AMBC”. Ambac’s Amended and Restated Certificate of Incorporation contains substantial restrictions on the ability to transfer Ambac common stock. Subject to limited exceptions, any attempt to transfer Common Shares will be prohibited and void to the extent that, following such transfer (or any series of transfers of which such transfer is a part), any person or group of persons will become a holder of 5% or more of the ordinary shares of Ambac or a holder of 5% or more of the ordinary shares of Ambac increases its participation. Ambac is committed to providing timely and accurate information to the investing public, in accordance with our legal and regulatory obligations. To this end, we use our website to transmit information about our activities, including the early release of quarterly financial results, quarterly financial, statistical and business information, and the publication of updates on the status of certain litigation. relating to residential mortgage-backed securities.

Visit the profile of AMBAC Financial Group Inc. for more information.

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Hertz orders 100,000 Tesla Model 3 vehicles; First step towards an electrifying fleet

Hertz Global Holdings Inc (OTC: HTZZ) has placed an order for 100,000 Tesla Inc (NASDAQ: TSLA) electric cars, the first step in the rental car company’s plan to electrify its half-million fleet. cars.

Starting in early November, the Florida-based company will offer compact Tesla Model 3 cars for rental at its airports and neighborhoods in major U.S. markets and select European cities, Hertz announced on Monday.

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CDC extends COVID-19 safety rules for cruise industry until January 15

The U.S. Centers for Disease Control and Prevention (CDC) extended its COVID-19 safety rules for the cruise ship industry until January, citing concerns over the highly contagious Delta variant and groundbreaking cases among fully vaccinated travelers.

Under the current measures, known as the conditional navigation order, cruise passengers have been allowed to operate as long as they adhere to certain precautions, such as the requirement for vaccinations or tests of crew and passengers as well as face masks to be worn. edge.

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California proposes oil and gas drilling buffer around communities

California Governor Gavin Newsom has proposed a statewide ban on oil and gas drilling within 3,200 feet of homes, schools and hospitals to protect public health and further his goal of combating against climate change.

The draft rules, released last week by the state’s petroleum regulator, California’s Geological Energy Management Division (CalGEM), aim to create what would be the largest buffer zone in the country. The existing wells in these setbacks would not be prohibited, but subject to more stringent regulations.

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About the New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange by market value with more than $ 26 trillion. It’s also the leader in initial public offerings, with $ 82 billion raised in 2020, including six of the seven biggest tech deals. 63% of PSPC proceeds in 2020 were raised on the NYSE, including the six biggest deals.

To get more information about AMBAC Financial Group Inc. and to keep up with the latest company updates, you can visit the Company Profile page here: AMBAC Financial Group Inc.’s Profile. For more information on the financial markets, be sure to visit Equities News. Also, don’t forget to sign up for the Daily Fix to get the best stories delivered to your inbox 5 days a week.

Sources: The chart is provided by TradingView on the basis of prices delayed by 15 minutes. All other data is provided by IEX Cloud as of 8:05 p.m. ET on the day of publication.

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