Assured Guaranty (AGO +3.3%) stages a major reversal after disputing in great detail Moody's...
Friday, January 18, 2:44 PM ETAssured Guaranty (AGO +3.3%) stages a major reversal after disputing in great detail Moody's downgrade earlier today. "Moody's actions now appear to be determined by unsupported qualitative factors and assumptions ... that have little or no relevance ... There is a serious flaw in the rating process." The board approves a $200M stock repurchase program, replacing an old program (which had about $45M left to go). (PR)
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