818 results returned for search: "" category "Other" author Ahmed Elamin
course for the year without any nasty surprises expected.
Jeffrey Brewer, Managing Director of Case International, said the company's strategy was to reduce its exposure to the larger capitalised companies and buy into the middle range stocks. Those ...
DATE: Jun 02, 1997
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
bankruptcy earlier this year, lost $600,087 in the seven months to January 31, compared to $414,276 lost in the 1996 financial year ended June 30.
However Donald Lines, chairman of the board, said the company was being revamped by a new management te...
DATE: May 30, 1997
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
An article in a US newsletter on a company listed locally has raised the ire of its founder and attracted the interest of the Bermuda Stock Exchange (BSX).
NimsTec Ltd., which listed on the BSX last month, has come under attack by Miami-based Offshor...
DATE: May 30, 1997
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
the Bermuda Stock Exchange (BSX). This makes it the second foreign company to join the BSX along with Nomura Securities (Bermuda) Ltd., which became a member last year.
Tremont is in the hedge fund business as an investment and financial consultant t...
DATE: May 29, 1997
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
From his fourth floor office at the Bank of Bermuda's Compass Point building Peter Mellor can see the former Bermudiana hotel, a pink hulk reminding him of one project he was unable to help get going.
During his five years as head of the bank's inves...
DATE: May 29, 1997
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
according to an Economist Intelligence Unit (EIU) report. The EIU is a subsidiary of The Economist magazine.
The EIU's "Country Update'' of Bermuda is provided through the Bloomberg News service.
"Despite a strong promotion campaign in the USA, the n...
DATE: May 29, 1997
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
More and more people are borrowing money for mortgages to buy homes or build onto existing homes. That's a switch from a few years ago when people were borrowing to invest in properties to build new homes for sale or for rent.
Arthur Haycock, Preside...
DATE: May 23, 1997
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
The plan by RenaissanceRe Holdings Ltd. founding institutional investors to sell about three million common shares they hold in the Bermuda-based company will reduce their controlling interest to about the upper 50 percent range from 71.4 percent.
"T...
DATE: May 23, 1997
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
The growth of the captive insurance market, and the trend toward companies assuming greater portions of their risks themselves indicates a failure of the reinsurance industry to meet customer needs, a speaker told a conference on captives yesterday.
...
DATE: May 22, 1997
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
The Bermuda Industrial Union (BIU) is targeting construction workers to try and bring them into the fold.
BIU President Derrick Burgess said there were currently only 100 unionised workers belonging to the construction division. According to the late...
DATE: May 21, 1997
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
