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the fourth quarter ended November 30, trimming their over all net earnings for the year 1994 to $144 million or $2.65 a share. The results contrast with 1993 when the company reported fourth quarter profits of $88.6 million ($1.60 per share) and a ye...

Costs to ship owners carrying petroleum products to the US are rising sharply as a result of a Coast Guard requirement for higher limits on certificates of financial responsibility (CoFRs). Chief financial officer with Bermuda-based ship owner London...

Services (BFS), that they say will be of benefit for everyone from the novice to the experienced investor. Senior vice president, investments, Mr. Peter Mellor, said of the new initiative: "Our aim is to put world markets within everyone's reach. Thr...

Mr. David Notman has jointly applied with Dr. Hans Black to incorporate a new investment company, under the Companies Act 1981. The new company appears set to capitalise on the need for extensive expertise in the burgeoning field of investment. A leg...

if not, it should at least be interesting. As the year end has brought a quieter market place, 1994 will be remembered as the year that the Exchange came in like a lion and went out like a lamb. In the first seven months of the year, the Exchange ecl...

Government is spending about $16 million this year on clothing, housing and feeding those unable to "make ends meet''. And up to 900 families have received assistance of some form from Government in the last year. Government officials add that there ...

The Iranian hostage crisis in the mid-seventies changed her life, but at 50, Sen. Lynda Milligan-Whyte is firmly entrenched in her third career choice and is playing the game with some heavy hitters in the business world. Sen. Milligan-Whyte, who is ...

saying that there are too many economic issues facing the country that need the attention of the Government and the people of Bermuda. And she has also said it makes no economic sense for Bermuda's financial institutions to avoid getting involved in ...

corporate neighbour, Trimingham's, in the new year when they begin levying a 1.5 percent monthly charge on overdue charge card balances. And A.S. Cooper & Sons will also take a fresh look at their credit practices in the new year. It comes as Bermuda...

steps to collect cash owed by a lengthy list of insurers. It is just the latest move in a process that has spanned almost a decade and which could net a further $20 million-plus for creditors. The historic Mentor liquidation is one of the largest in ...