75993 results returned for search: "" category "Business"
Butterfield Bank fell 1.6 percent in heavy trading on the Bermuda Stock Exchange (BSX) yesterday.
The bank slipped two cents to $1.23 on the trading of 172,600 shares.
The bank has attracted some strong trading activity since reporting a $207 million...
DATE: Mar 02, 2011
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CATEGORY:
Bermuda Stock Exchange
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RenaissanceRe Holdings Ltd said last night that chief executive officer Neill Currie has adopted a pre-arranged stock trading plan to sell up to 150,000 of his RenRe shares to diversify his portfolio and to facilitate personal income tax planning.
Th...
DATE: Mar 02, 2011
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CATEGORY:
Reinsurance
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Bermuda-based reinsurer Maiden Holdings Ltd saw full-year profits rise by more than 14 percent to nearly $70 million last year, the company reported last night.
Maiden said fourth-quarter profits were also up by 14.4 percent, year on year, to $19.1 ...
DATE: Mar 02, 2011
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CATEGORY:
Reinsurance
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The chairman of a Bermuda international company is being sued for alleged insider trading by US federal investigators.
The US Securities and Exchange Commission (SEC) announced the civil charges yesterday against Rajat Gupta, the chairman of Bermuda...
DATE: Mar 02, 2011
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CATEGORY:
International Business
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Credit rating agency AM Best Co yesterday downgraded the financial strength rating of insurer Argus Group Holdings Ltd for the second time in two years, citing a “significant decline” in the company’s capital position over the past two years.
Argus c...
DATE: Mar 02, 2011
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CATEGORY:
Reinsurance
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Age: 26
Role: First Assistant Golf Professional, Tucker's Point Club
What is your job? My main responsibilities at work include teaching golf, booking and checking in guests and members for golf rounds, order and process merchandise for the pro shop....
DATE: Mar 01, 2011
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CATEGORY:
Bermuda Works
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Seadrill has ordered two tender rigs from the COSCO Nantong Shipyard in China.
The two new units, T15 and T16, are scheduled for delivery in the first quarter and third quarter 2013, respectively.
The total project price is estimated at $225 millio...
DATE: Mar 01, 2011
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CATEGORY:
International Business
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The major re/insurers of the Bermuda market saw their net earnings fall by more than 10 percent last year, as catastrophe losses and lower investment returns ate into profitability.
A survey of the results of 20 leading companies all of whom have a m...
DATE: Mar 01, 2011
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CATEGORY:
Reinsurance
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LONDON (Reuters) HSBC cut its profitability targets due to the cost of tougher banking regulations and plans to cut costs and overhaul other areas after its annual profits fell short of expectations.
Europe’s biggest bank said 2010 pre-tax profit mor...
DATE: Mar 01, 2011
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CATEGORY:
Other
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Business Buzz is a monthly column presented by the Bermuda Small Business Development Corporation. Every month, read about entrepreneurship, obtain business management tips, and find out what's going on in the small business sector.
A Blueprint for ...
DATE: Mar 01, 2011
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CATEGORY:
Bermuda Works
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