Beverly Hills 11/18/2009 3:03:00 AM
News / Business

Assured Guaranty Ltd Posts Narrower 3Q Loss

Finance World News Update by EQUITIES Magazine

Assured Guaranty Ltd posted a narrower third-quarter loss, causing shares of the bond insurer to skyrocket, rising $4.76, or about 22.4 percent, to $25.97.

 

Higher losses from mortgage-backed securities were offset by operating improvements, with the company reporting operating income above Wall Street expectations. 

 

About EQUITIES:

 

Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.

 

Sign up for a free one-year subscription to EQUITIES Magazine