76370 results returned for search: "" category "Business"
ATLANTA (AP) Delta Air Lines Inc said yesterday that raising fares should allow it to make up for the higher fuel prices that drove a $318 million loss in the first quarter.
Delta president Ed Bastian said “aggressive fare actions” should allow it to...
DATE: Apr 27, 2011
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Other
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NEW YORK (Reuters) - While a jury studied the evidence in Raj Rajaratnam’s trial yesterday, a former trader associated with his Galleon Group hedge fund became the latest to plead guilty in a sweeping government probe of insider trading on Wall Stree...
DATE: Apr 27, 2011
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CATEGORY:
International Business
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A Bermudian entrepreneur is looking to give something back to his country with the launch of a new sustainable energy business which converts waste into power. If successful with its test model of Bermuda, Oliver Binns, CEO of the Bermuda Environment...
DATE: Apr 27, 2011
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Other
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Nabors Industries Ltd’s profits rose more than doubled during the first quarter of 2011 - but the company expects to do even better in the next quarter according to its chairman and CEO.
The Bermuda-based drilling firm reported net income of $82.2 m...
DATE: Apr 27, 2011
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CATEGORY:
International Business
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Making the most of your investment choices was the focus for Business Bermuda Local Awareness Committee’s last monthly luncheon seminar of the season.
The sixth seminar of the series entitled ‘Investing 101: Making the Most of Your Investment Choices...
DATE: Apr 27, 2011
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CATEGORY:
International Business
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Butterfield Bank rose 2.25 percent (three cents) on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 82,312 shares to close at $1.36.
LOM (Holdings) Ltd also saw 5,000 shares change hands as it fell 1.58 percent (five cents) to $3.10.
The ...
DATE: Apr 27, 2011
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CATEGORY:
Bermuda Stock Exchange
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Butterfield Bank is paying the Carlyle Group a $4 million annual fee for advice on managing its balance sheet.
The payment, which was revealed in the bank’s Annual Report 2010, is a three-year agreement that the bank entered into last October.
Accord...
DATE: Apr 27, 2011
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CATEGORY:
Other
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RenaissanceRe Holdings Ltd posted a net loss of almost $250 million during the first quarter after taking a combined $427.4 million hit from the New Zealand and Japanese earthquakes and Australian floods.
The re/insurer made a net loss of $248 millio...
DATE: Apr 27, 2011
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CATEGORY:
Reinsurance
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Butterfield Bank returned to profit in the first quarter - and bosses are now confident they can keep earnings positive after three years blighted by huge losses.
The bank reported reported net income for the first three months of the year of $8.4 mi...
DATE: Apr 27, 2011
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CATEGORY:
Other
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LISBON, Portugal (AP) Portugal has for a second time revised upward the debt-stressed country’s budget deficit last year, releasing official figures that said it was 9.1 percent of gross domestic product instead of the previously announced 8.6 percen...
DATE: Apr 26, 2011
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CATEGORY:
Economy
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