Thursday, January 24, 2008

(NYSE: SCA), (NYSE: ETH), (NYSE: EAT), (NYSE: ABK).

RealPennies.com: Turning Pennies into dollars: (NYSE: SCA), (NYSE: ETH), (NYSE: EAT), (NYSE: ABK).

Are you a public company looking for exposure?
Contact RealPennies.com - 1.800.940.6559

For more info: http://sca.realpennies.com

Security Capital Assurance, Ltd. (NYSE:SCA)(January 24, 3008) announced that it has determined not to raise new capital at the present time due to current market conditions. The Company is continuing to pursue the other elements of its capital plan including, seeking to generate capital through reinsurance arrangements and restructuring certain insured obligations.

"The unprecedented uncertainty and instability affecting our industry make it impractical to consider raising new capital at the present time. Pending greater clarity, we intend to continue pursuing the other components of our capital plan and consider all options available to us," commented Paul S. Giordano, president and chief executive officer of SCA.

Security Capital Assurance, Ltd., through its subsidiaries, provides financial guaranty insurance, reinsurance, and other credit enhancement products to the public finance and structured finance markets in the United States and internationally. It operates in two segments, Financial Guarantee Insurance and Financial Guarantee Reinsurance. The Financial Guaranty Insurance segment offers financial guarantee insurance policies of public finance and structured finance debt securities, and credit default swaps. The Financial Guarantee Reinsurance segment reinsures financial guarantee policies and credit default swaps issued by other monoline financial guarantee insurance companies. Security Capital Assurance provides insurance and reinsurance coverage, and financial products and services to industrial, commercial, and professional service firms; insurance companies; and other enterprises. The company is based in Hamilton, Bermuda. Security Capital Assurance Ltd. operates as a subsidiary of XL Capital Ltd.

For more info: http://eth.realpennies.com

Ethan Allen Interiors, Inc. (NYSE: ETH)(January 24, 2008) reported operating results for the three and six months ended December 31, 2007. Three Month Results-Net delivered sales for the quarter ended December 31, 2007 increased 0.8% to $259.5 million as compared to $257.4 million in the prior year quarter. Net delivered sales for the Company's Retail division increased 8.6% to $192.6 million. Wholesale sales decreased 5.9% to $155.9 million during that same period. Comparable Ethan Allen design center delivered sales decreased 0.6% as compared to the prior year quarter.

Ethan Allen Interiors, Inc. engages in manufacturing and retailing home furnishings and accessories. The company involves in the design, manufacture, sourcing, sale, and distribution of a range of home furnishings and accessories, as well as related marketing and brand awareness efforts. It also sells home furnishings and accessories to consumers through a network of company-owned design centers. The company's products include beds, dressers, armoires, tables, chairs, buffets, entertainment units, home office furniture, bathroom vanities, and wood accents. It also offers upholstery home furnishing items, such as sleepers, recliners, chairs, sofas, loveseats, cut fabrics, and leather, as well as home accessory and other items, including window treatments, wall decor, lighting, clocks, bedspreads, decorative accessories, area rugs, bedding, and home and garden furnishings. As of June 30, 2007, the company sold its products through 313 retail design centers comprising 158 company-owned and operated centers, and 155 independently-owned and operated centers. It sells its products in the United States, Canada, the Middle East, and Asia. Ethan Allen Interiors was founded in 1932 and is headquartered in Danbury, Connecticut.

For more info: http://eat.realpennies.com

Brinker International, Inc. (NYSE: EAT)(January 24, 3008) announced their fiscal 2008 second quarter earnings per diluted share from continuing operations increased to $0.44 from $0.32 in the prior year. Before special items, earnings per diluted share from continuing operations decreased to $0.31 from $0.33 in the prior year. During the first quarter of fiscal 2008, the company began presenting Romano's Macaroni Grill as discontinued operations in its financial statements due to management's intent to sell the brand. Before special items, earnings per diluted share from discontinued operations increased 57 percent from $0.07 in the second quarter of fiscal 2007 to $0.11 in the current quarter.

Brinker International, Inc. engages in the ownership, development, operation, and franchising of various restaurant brands principally in the United States. Its restaurant brand names include Chili's Grill & Bar, Romano's Macaroni Grill, On The Border Mexican Grill & Cantina, and Maggiano's Little Italy. As of June 27, 2007, the company owned and franchised 1,801 restaurants located in 49 states and Washington, D.C. Brinker International also has restaurants in Australia, Bahrain, Canada, Egypt, Ecuador, Germany, Guatemala, Indonesia, Japan, Kuwait, Lebanon, Malaysia, Mexico, Oman, Peru, the Philippines, Puerto Rico, Qatar, Saudi Arabia, South Korea, Taiwan, the United Arab Emirates, the United Kingdom, and Venezuela. The company was founded in 1977 and is headquartered in Dallas, Texas.

For more info: http://abk.realpennies.com

Ambac Financial Group, Inc. (NYSE: ABK)(January 24, 2008) announced that it is investigating claims against Ambac Financial Group, Inc. concerning whether the Ambac Financial Group, Inc. Savings Incentive Plan (the "Plan") imprudently invested in Ambac Financial Group, Inc. stock and whether the Plan's administrators breached their fiduciary duties to the Plan's participants in violation of the Employee Retirement Income Security Act of 1974.

Ambac Financial Group, Inc., through its subsidiaries, provides financial guarantee products and other financial services to clients in the public and private sectors worldwide. It operates in two segments: Financial Guarantee and Financial Services. The Financial Guarantee segment offers financial guarantee insurance and other credit enhancement products, such as credit derivatives for public finance and structured finance obligations. It also provides financial guarantees for bond issues and other forms of debt financing. This segment sells its products in the U.S. public finance market, the U.S. structured finance and asset-backed market, and the international finance market. The Financial Services segment provides financial and investment products comprising investment agreements, funding conduits, interest rate, currency, and total return swaps, principally to clients of the financial guarantee business, which includes municipalities and other public entities, health care organizations, investor-owned utilities, and asset-backed issuers. The company was founded in 1971 and is headquartered in New York, New York.

Read our full disclaimer at: http://www.realpennies.com/start.html
Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Please consult a broker before purchasing or selling any securities mentioned on RealPennies. For more movers: http://www.realpennies.com/wrapup.html

Any opinions expressed herein are statements of our judgment as of the date of publication and are subject to change without notice.
Sitemap: http://www.realpennies.com/sitemap.html

RealPennies .
Telephone: 1-800-940-6559
Matt /at/ realpennies.com

No comments: