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Assured Guaranty Ltd - AGO STOCK NEWS

Welcome to our dedicated news page for Assured Guaranty (Ticker: AGO), a resource for investors and traders seeking the latest updates and insights on Assured Guaranty.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Assured Guaranty's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Assured Guaranty's position in the market.

Rhea-AI Summary
Assured Guaranty UK Limited (AGUK) has guaranteed £140 million of primary wrapped bonds issued by Heathrow Airport, rated AA by S&P Global Ratings. This financial guarantee provides a cost-effective solution to facilitate long-term financing for major airport borrowers. AGUK guarantees timely payments of principal and interest throughout the life of the bonds. The securities have been sold, and this announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.66%
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none
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Rhea-AI Summary
Assured Guaranty Ltd. (NYSE:AGO) announced Robert Bailenson's promotion to COO and Benjamin Rosenblum's appointment as CFO effective January 1, 2024. The move aims to reinforce the company's leadership and strategic objectives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.38%
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none
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Rhea-AI Summary
Assured Guaranty Ltd. (NYSE: AGO) announced Q3 2023 net income of $157 million, or $2.60 per share, and GWP of $40 million. The company returned $80 million to shareholders and increased share repurchase authorization by $300 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.38%
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Rhea-AI Summary
Assured Guaranty Ltd. (NYSE:AGO) has declared a quarterly dividend of $0.28 per common share. The dividend will be payable on November 29, 2023, to shareholders of record as of November 15, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.1%
Tags
dividends
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Rhea-AI Summary
Assured Guaranty Ltd. (NYSE:AGO) announced that Kroll Bond Rating Agency has affirmed the AA+ insurance financial strength ratings of its subsidiaries. The ratings have Stable Outlooks. AGM's rating reflects its substantial claims paying resources, skilled management team, and ability to withstand losses. AGC's rating reflects its strong capital position and claims paying resources. Increased new business volumes in the U.S. municipal sector offset run-off in the insured portfolio. Municipal market insured penetration is at its highest levels since 2009. The environment for new business opportunities across Assured's underwriting platform is robust. The COVID-19 pandemic and other events have led to increased awareness for the financial guaranty product. Interest rate increases and volatile credit spreads may enhance the business environment for Assured. Tightening credit cycles may further enhance investor demand for the product. Assured Guaranty is well positioned for future growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.94%
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Rhea-AI Summary
Assured Guaranty Ltd. will release its financial results for Q3 2023 on November 7, 2023. A conference call for investors will be held on November 8, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.25%
Tags
conferences earnings
Rhea-AI Summary
Assured Guaranty Ltd. (NYSE: AGO) subsidiary, Assured Guaranty US Holdings Inc. (AGUS), is selling $350 million of 6.125% Senior Notes due 2028. The proceeds will be used to redeem $330 million of AGUS' 5.0% Senior Notes due 2024 and for general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.43%
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none
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.92%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.66%
Tags
dividends
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.12%
Tags
conferences earnings
Assured Guaranty Ltd

NYSE:AGO

AGO Rankings

AGO Stock Data

4.35B
52.41M
6.08%
94.05%
1.76%
Direct Property and Casualty Insurance Carriers
Finance and Insurance
Link
Bermuda
30 Woodbourne Avenue

About AGO

assured guaranty is the leading provider of municipal bond insurance and other applications of financial guaranty insurance. we guarantee scheduled principal and interest payments when due on municipal, public infrastructure and structured financings. for more information, visit assuredguaranty.com