Ambac wins approval to set up municipal bond insurer, shares soar; Ambac gets approval for Connie Lee; Challenger job cuts, factory orders, Beige book out today
Video duration: 56 seconds
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From CNBC'S "The Call" 2008-03-06
Doesn't he look and sound like some prisoner of war being forced to read from a script? Poor guy is almost choking on his own words.
https://self-evid ent.org/
Video duration: 120 seconds
Global video hits: 770
Feb. 22 - U.S. stocks staged a remarkable last minute recovery on hopes a face-saving deal can be reached with troubled bond insurer Ambac. The Dow climbed 96 points in the last 30 minutes of the trading day to close at 12,381. The S&P 500 rose 10 points to 1,353. The Nasdaq gained 3 points to 2,303. Crude oil prices hovered near $99 a barrel.
Conway Gittens reports from New York.
http://www.SupportLi neAlerts.com This is today's BobChart for Ambac Financial Group.
Ambac Financial Group closed at 9.50.
The nearest support is 52.6 percent below the close at 4.50.
The nearest resistance is 37.89 percent above the close at 13.10.
Resistance BobChart
http://www.BobCha rts.com This is today's chart for Ambac Financial Group.
Ambac Financial Group closed at 10.22.
The nearest support is 56.0 percent below the close at 4.50.
The nearest resistance is 49.71 percent above the close at 15.30.
http://www.SupportLi neAlerts.com This is today's BobChart for Ambac Financial Group.
Ambac Financial Group closed at 12.08.
The nearest support is 62.7 percent below the close at 4.50.
The nearest resistance is 26.66 percent above the close at 15.30.
