76370 results returned for search: "" category "Business"
Telecommunications company KeyTech Ltd gained 1.6 percent in Bermuda Stock Exchange trading yesterday.
The owner of the Bermuda Telephone Company, M3 Wireless and Logic Communications rose 10 cents to close on $6.35 on the trading of 10,000 shares.
A...
DATE: Apr 16, 2011
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CATEGORY:
Bermuda Stock Exchange
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Q: Freeport McMoRan Copper & Gold Inc. has been a very good stock for me, but I wonder about what the general outlook is for commodities. What is your take? B.V., via the internet
A: Global demand for copper will continue to come largely from China, ...
DATE: Apr 16, 2011
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CATEGORY:
Personal Finance
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Shares of Bermuda-based bond insurer Assured Guaranty Ltd jumped more than 29 percent in morning trading yesterday after the company said Bank of America will pay $1.1 billion to settle the Assured's demands that the lender buy back faulty mortgages....
DATE: Apr 16, 2011
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CATEGORY:
Reinsurance
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WASHINGTON (Bloomberg) US companies face the sixth-highest effective tax rate in the world, according to a study by PricewaterhouseCoopers LLP.
The tax rate for the largest US companies between 2006 and 2009 was 27.7 percent, compared with a non-US a...
DATE: Apr 15, 2011
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CATEGORY:
International Business
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NEW YORK (Bloomberg) US Uncut, a group protesting corporate tax issues and government service cutbacks, claimed responsibility for a fake press release that said General Electric Co would return a “$3.2 billion tax refund”.
The release, which was pic...
DATE: Apr 15, 2011
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CATEGORY:
International Business
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GENEVA (AP) Privately held commodities trader Glencore International plans to float part of its stock for up to $11 billion next month, making it one of the largest public share offerings in recent years.
Dubbed “the biggest company you’ve never hear...
DATE: Apr 15, 2011
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CATEGORY:
International Business
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A woman had to fork out $14,000 of her own money for life-saving surgery because her employer failed to pay her health insurance.
The woman, who asked not to be named, is among a number of former employees at the Sovereign Group who were left with me...
DATE: Apr 15, 2011
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CATEGORY:
Other
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The Bermuda Insurance Institute will be holding the 13th Annual Awards Dinner at the Fairmont Hamilton Princess next month.
The event, which takes place on Saturday May 21, will honour recipients of the Lifetime Achievement Award, Industry Leader of ...
DATE: Apr 15, 2011
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CATEGORY:
Other
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The utilities sector proved to be the busiest yesterday on The Bermuda Stock Exchange (BSX), with all three listed companies trading more than 11,000 shares collectively.
The Ascendant Group Ltd saw 9,214 change hands but its share price held firm at...
DATE: Apr 15, 2011
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CATEGORY:
Bermuda Stock Exchange
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Major commercial re/insurers in the Bermuda market have already declared catastrophe losses of up to $4.6 billion for the first quarter of 2011.
And with hundreds of millions of dollars more in losses related to last month’s Japan earthquake and tsun...
DATE: Apr 15, 2011
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CATEGORY:
Reinsurance
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