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<description>International Business News - ABK</description>
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  <title>Ambac, Corning, Staples, Continental big movers</title>
  <description>Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE</description>
    <link>http://www.ibtimes.com/articles/20080903/ambac-corning-staples-continental-big-movers.htm</link> 
  <pubDate>Wed, 03 Sep 2008 17:06:24 EDT</pubDate>
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  <title>Movers roundup: Pier 1 Imports, Ambac Financial</title>
  <description>Among the stock activity stories for Wednesday, Sept. 3, from AP Financial News: CHICAGO (AP)--Shares of Pier 1 Imports Inc. tumbled Wednesday after the specialty home retailer said its same-store sales for the second quarter fell 1.7 percent.</description>
    <link>http://www.ibtimes.com/articles/20080903/movers-roundup-pier-1-imports-ambac-financial.htm</link> 
  <pubDate>Wed, 03 Sep 2008 14:29:56 EDT</pubDate>
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  <title>Sector roundup: Insurance, steel</title>
  <description>Among the sector activity stories for Wednesday, Sept. 3, from AP Financial News: CHARLOTTE, N.C. (AP)--Shares of major insurance companies traded mostly higher Wednesday, as Ambac Financial Group Inc. surged on prospects for its new bond insurance business, and damage estimates linked to Hurricane Gustav narrowed.</description>
    <link>http://www.ibtimes.com/articles/20080903/sector-roundup-insurance-steel.htm</link> 
  <pubDate>Wed, 03 Sep 2008 14:27:59 EDT</pubDate>
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  <title>Sector Snap: Insurance stocks mostly higher</title>
  <description>Shares of major insurance companies traded mostly higher Wednesday, as Ambac Financial Group Inc. surged on prospects for its new bond insurance business, and damage estimates linked to Hurricane Gustav narrowed.</description>
    <link>http://www.ibtimes.com/articles/20080903/sector-snap-insurance-stocks-mostly-higher.htm</link> 
  <pubDate>Wed, 03 Sep 2008 12:58:27 EDT</pubDate>
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  <title>Ambac shares soar after regulators OK new unit</title>
  <description>Shares of Ambac Financial Group Inc. surged Wednesday, a day after the bond insurer said its plans for a new insurance subsidiary had been approved by Wisconsin insurance regulators.</description>
    <link>http://www.ibtimes.com/articles/20080903/ambac-shares-soar-after-regulators-ok-new-unit.htm</link> 
  <pubDate>Wed, 03 Sep 2008 17:41:18 EDT</pubDate>
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  <title>Wall Street mixed on global economic worries</title>
  <description>Wall Street finished mixed in fickle trading Wednesday, with investors unsettled about the economy ahead of Friday's employment report and only somewhat relieved about sliding commodities prices.</description>
    <link>http://www.ibtimes.com/articles/20080903/us-stocks-head-to-lower-open-ahead-of-data.htm</link> 
  <pubDate>Wed, 03 Sep 2008 18:00:41 EDT</pubDate>
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  <title>Ambac wins Wisconsin approval for unit</title>
  <description>Bond insurer Ambac Financial Group Inc. said Tuesday it has received approval from Wisconsin insurance regulators for its plans for a new insurance subsidiary.</description>
    <link>http://www.ibtimes.com/articles/20080902/ambac-wins-wisconsin-approval-for-unit.htm</link> 
  <pubDate>Tue, 02 Sep 2008 20:06:21 EDT</pubDate>
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  <title>Stocks jump on better-than-expected GDP, jobs data</title>
  <description>Wall Street barreled higher Thursday after a better-than-expected reading on the gross domestic product and a drop in jobless claims gave investors some reassurance that the economy is holding up. The Dow Jones industrial average jumped more than 200 points.</description>
    <link>http://www.ibtimes.com/articles/20080828/stocks-jump-on-better-than-expected-gdp-jobs-data.htm</link> 
  <pubDate>Thu, 28 Aug 2008 17:02:50 EDT</pubDate>
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  <title>Ahead of the Bell: MBIA climbs on FGIC deal</title>
  <description>Shares of MBIA Inc. rose sharply in premarket electronic trading Thursday, a day after the bond insurer agreed to reinsure nearly $200 billion of municipal bonds backed by FGIC Corp.</description>
    <link>http://www.ibtimes.com/articles/20080828/ahead-of-the-bell-mbia-climbs-on-fgic-deal.htm</link> 
  <pubDate>Thu, 28 Aug 2008 08:31:48 EDT</pubDate>
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  <title>Stocks jump on better-than-expected GDP, jobs data</title>
  <description>Wall Street barreled higher Thursday after a better-than-expected reading on the gross domestic product and a drop in jobless claims gave investors some reassurance that the economy is holding up. The Dow Jones industrial average jumped more than 200 points.</description>
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  <url>http://www.ibtimes.com/data/articleimgs/117586-wall-street.jpg</url>
  <link>http://www.ibtimes.com/articles/20080828/stocks-rise-following-gain-in-durable-goods-orders.htm</link>
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    <link>http://www.ibtimes.com/articles/20080828/stocks-rise-following-gain-in-durable-goods-orders.htm</link> 
  <pubDate>Thu, 28 Aug 2008 18:03:18 EDT</pubDate>
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  <title>Movers roundup: MBIA, truckers</title>
  <description>Among the stock activity stories for Monday, Aug. 25, from AP Financial News: CHARLOTTE, N.C. (AP)--Shares of bond insurer MBIA Inc. rose Monday, lifted in part by Freddie Mac's successful debt auction, despite a decline in the broader market on higher oil prices.</description>
    <link>http://www.ibtimes.com/articles/20080825/movers-roundup-mbia-truckers.htm</link> 
  <pubDate>Mon, 25 Aug 2008 14:35:31 EDT</pubDate>
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  <title>Ambac Financial Group shares fall</title>
  <description>Shares of bond insurer Ambac Financial Group Inc. fell Monday after getting a boost from Freddie Mac's successful debt auction, despite a decline in the broader market on higher oil prices.</description>
    <link>http://www.ibtimes.com/articles/20080825/ambac-financial-group-shares-rise.htm</link> 
  <pubDate>Mon, 25 Aug 2008 17:46:59 EDT</pubDate>
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  <title>JC Penney, MBIA, NRG Energy among big movers</title>
  <description>Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market: NYSE</description>
    <link>http://www.ibtimes.com/articles/20080815/jc-penney-mbia-nrg-energy-among-big-movers.htm</link> 
  <pubDate>Fri, 15 Aug 2008 16:50:08 EDT</pubDate>
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  <title>Sector Snap: Bond Insurers</title>
  <description>Shares of bond insurers rose sharply Friday afternoon after ratings agency Standard &amp; Poor's removed Ambac Financial Group Inc. and MBIA Inc. from negative credit watches.</description>
    <link>http://www.ibtimes.com/articles/20080815/sector-snap-bond-insurers.htm</link> 
  <pubDate>Fri, 15 Aug 2008 15:31:33 EDT</pubDate>
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  <title>Ambac shares jump as S&amp;P removes it from watch</title>
  <description>Shares of Ambac Financial Group Inc. rose sharply Friday after ratings agency Standard &amp; Poor's took the bond insurer off a negative credit watch. A negative credit watch means there is a 50 percent chance of a ratings downgrade within three months.</description>
    <link>http://www.ibtimes.com/articles/20080815/ambac-shares-jump-as-s-p-removes-it-from-watch.htm</link> 
  <pubDate>Fri, 15 Aug 2008 17:32:26 EDT</pubDate>
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  <title>S&amp;P: MBIA, Ambac insurance off downgrade watch</title>
  <description>Standard &amp; Poor's said late Thursday it is no longer reviewing its ratings on the insurance arms of MBIA Inc. and Ambac Financial Group Inc. for downgrade, though it retained a negative outlook on both companies.</description>
    <link>http://www.ibtimes.com/articles/20080815/s-p-mbia-ambac-insurance-off-downgrade-watch.htm</link> 
  <pubDate>Fri, 15 Aug 2008 07:45:04 EDT</pubDate>
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  <title>Premarket roundup: Ambac, Anadigics</title>
  <description>Among the premarket stories for Friday, Aug. 8, from AP Financial News: NEW YORK (AP)--An analyst on Friday downgraded Ambac Financial Group Inc. to "Underweight," calling the bond insurer's business model "broken."</description>
    <link>http://www.ibtimes.com/articles/20080808/premarket-roundup-ambac-anadigics.htm</link> 
  <pubDate>Fri, 08 Aug 2008 09:34:02 EDT</pubDate>
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  <title>JPMorgan analyst downgrades Ambac to 'underweight'</title>
  <description>An analyst on Friday downgraded Ambac Financial Group Inc. to "Underweight," calling the bond insurer's business model "broken." On Wednesday, Ambac posted a loss on an operating basis during the second quarter because of expected losses on insurance contracts. But after accounting for special non-cash gains from the same portfolio, the company posted a net profit.</description>
    <link>http://www.ibtimes.com/articles/20080808/jpmorgan-analyst-downgrades-ambac-to-underweight.htm</link> 
  <pubDate>Fri, 08 Aug 2008 09:19:34 EDT</pubDate>
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  <title>MBIA shares fall on declines in broader sector</title>
  <description>Shares of bond insurer MBIA Inc. fell Thursday giving up gains from a day earlier after insurer American International Group Inc. posted wider-than-expected losses for the quarter.</description>
    <link>http://www.ibtimes.com/articles/20080807/mbia-shares-fall-on-declines-in-broader-sector.htm</link> 
  <pubDate>Thu, 07 Aug 2008 18:58:49 EDT</pubDate>
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  <title>Sector Snap: Insurance stocks down</title>
  <description>Shares of major insurance companies were down Thursday, as investors responded to a dismal second-quarter report from American International Group Inc. and anticipated similar results from rivals.</description>
    <link>http://www.ibtimes.com/articles/20080807/sector-snap-insurance-stocks-down.htm</link> 
  <pubDate>Thu, 07 Aug 2008 12:32:47 EDT</pubDate>
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