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Stock Picks: ABK Up, TRLG Down
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Smart Money
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November 05, 2009
Ambac Financial Group Up Battered bond insurer Ambac Financial Group (ABK) bounced big on Wednesday, fueled by a huge rebound in revenue from credit derivative swaps -- the same instruments that nearly destroyed the company eight months ago. Swinging to a profit of $7.58 a share, Ambac reversed a ne...
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