Financial Security Assurance Holdings Ltd. said that third-quarter net income rose to $18.5 million, or 71 cents per share, from $8.9 million, or 39 cents per share, a year earlier.

For the first nine months, FSA reported net income of $52.7 million, or $2.03 per share, compared with a net loss of $78.4 million, or $3.43 per share, for the same period last year.

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