1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies

Diamond Hill Capital Comments on Assured Guaranty Ltd

October 24, 2012 | About:

Municipal bond insurer Assured Guaranty Ltd. (NYSE:AGO) reported better than expected second quarter earnings, driven by lower loss costs and strong investment returns, and repurchased 2 million of its shares at a large discount to book value. Despite strong results, the stock price continued to be volatile as investors anticipated a potential debt downgrade by Moody's scheduled to be completed by the end of October.

From Diamond Hill Capital's third quarter Select Fund Commentary.

Rating: 1.4/5 (5 votes)


Please leave your comment:

GuruFocus has detected 2 Warning Signs with Assured Guaranty Ltd $AGO.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by

User Generated Screeners

jtepper2High GROC Selloff
cpetrouBuyback Yield
canidNicks screen
krisochsHigh Growth High FCF
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat