691 results returned for search: "" category "Business" author Ahmed Elamin
million on its earnings of $31 million from continuing operations, leaving it to declare a profit of $10.4 million for the year ended June 30.
The profit represents a drop of 64 percent compared with net earnings of $28.8 million for fiscal 1996. The...
DATE: Aug 04, 1997
|
CATEGORY:
Other
|
AUTHOR:
Ahmed Elamin
LaSalle Re Holdings Ltd., one of Bermuda's top ten insurers, has reported net income of $37.7 million for the third quarter ended June 30, down from the $40.8 million reported in the same period last year.
Earnings per share were $1.63 compared with ...
DATE: Jul 30, 1997
|
CATEGORY:
Other
|
AUTHOR:
Ahmed Elamin
the computer age. Instead, with their ease of use, computers have encouraged employees to churn out bales of draft copies of documents, printed by ever fancier machines. It takes just a simple command after all.
Electronic data interchange (EDI), whi...
DATE: Jul 30, 1997
|
CATEGORY:
Other
|
AUTHOR:
Ahmed Elamin
banks to pay for its undersea fibre-optic cable system.
The company has a US$30 million loan from Dresdner Bank Canada, and an additional US$13 million from a division of the Toronto-Dominion Bank, and from Tyco Submarine Systems Ltd.
Tyco, formerly ...
DATE: Jul 30, 1997
|
CATEGORY:
Other
|
AUTHOR:
Ahmed Elamin
management contractor Serco Group Inc. to make money through running some of the services businesses now do themselves.
The two companies have formed BAS-Serco Ltd., a joint venture 60 percent owned by BAS. BAS-Serco will market itself as a company w...
DATE: Jul 29, 1997
|
CATEGORY:
Other
|
AUTHOR:
Ahmed Elamin
A group of investors want to start up a deposit company to compete in a market worth $1.3 billion in Bermuda.
Lloyd Telford Sr., Lovette Lovell, Walton Brown Jr. of Research Innovations Ltd., and Waldo M. Ingham have applied to incorporate Renaissanc...
DATE: Jul 23, 1997
|
CATEGORY:
Other
|
AUTHOR:
Ahmed Elamin
Is the Bermuda Telephone Co. Ltd. (BTC) being left behind in the telecommunications market? With Government's commitment to introducing competition and lower telecommunications costs, BTC's lucrative core areas are under attack from aggressive newcom...
DATE: Jul 23, 1997
|
CATEGORY:
Other
|
AUTHOR:
Ahmed Elamin
The Telecommunications Commission has rejected a Cable & Wireless Plc plan to lower its international telephone rates.
Cable & Wireless, which is in competition with TeleBermuda International Ltd., had submitted a proposal to the commission to give i...
DATE: Jul 19, 1997
|
CATEGORY:
Other
|
AUTHOR:
Ahmed Elamin
profit of $555,047 for the year ended March 1997, an eight percent increase compared to the previous financial year.
The profit translates into earnings per share of 45 cents. Revenues increased two percent to about $7.1 million. Expenses also increa...
DATE: Jul 18, 1997
|
CATEGORY:
Other
|
AUTHOR:
Ahmed Elamin
conditional permission to build a four-storey building on Spurlings Hill.
Planning minister Irving Pearman overturned on appeal a decision by the Development Applications Board (DAB) to reject Mr. West's plans to demolish Cardaire House, and build an...
DATE: Jul 17, 1997
|
CATEGORY:
Other
|
AUTHOR:
Ahmed Elamin
