Ratings Affirmed For MBIA And Ambac

February 25, 2008 2:08 PM |
Standard & Poor's Ratings Services affirmed the "AAA" ratings for bond insurers MBIA Inc. (NYSE: MBI) and Ambac Financial Group Inc. (NYSE: ABK) saying that the companies will most likely raise enough funds to pay possible claims.  Shares of MBIA climbed $2.40 to close at $14.58 while Ambac stock gained $1.70 to close at $12.41.

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