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Argus Group Holdings Ltd. dropped 5.5 percent (30 cents) on The Bermuda Stock Exchange (BSX) last week.
The insurer traded 24,400 shares to close at $5.20.
The Ascendant Group Ltd. also fell 3.7 percent (56 cents) to $14.39, as 3,574 shares changed h...
DATE: Nov 29, 2010
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NEW YORK (Bloomberg) - US retail sales during Thanksgiving weekend totaled $45 billion as more shoppers scooped up discounted jewelry and toys, according to the National Retail Federation (NRF).
The average shopper spent $365.34 over the holiday week...
DATE: Nov 29, 2010
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LONDON (Bloomberg) - Golar LNG Energy Ltd., operator of a fleet of tankers that haul liquefied natural gas, said it’s “optimistic” that supply and demand “fundamentals are changing” for the vessels.
“With a total order book of only approximately five...
DATE: Nov 29, 2010
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NEW YORK (Reuters) - The euro should extend losses against the dollar in the near term after its worst week in over three months on fears Portugal and Spain will be next to need bailouts after Ireland.
Technical charts and option trading also suggest...
DATE: Nov 29, 2010
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TORONTO (Reuters) - Canadian bank profits should rise modestly in the fourth quarter, with gains from stronger loan revenue and better credit quality outweighing weaker wholesale banking results.
But even if the results marginally beat expectations, ...
DATE: Nov 29, 2010
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The United States is not Japan. Whenever the American economy sputters, multiple queries emerge about whether the US will suffer the same fate as Japan’s two decade period of stagnation and deflation.
Recently the core Consumer Price Index in the US ...
DATE: Nov 29, 2010
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The United States is not Japan. Whenever the American economy sputters, multiple queries emerge about whether the US will suffer the same fate as Japan's two decade period of stagnation and deflation.
Recently the core Consumer Price Index in the US ...
DATE: Nov 29, 2010
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CATEGORY:
Other
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TORONTO (Reuters) - Canadian bank profits should rise modestly in the fourth quarter, with gains from stronger loan revenue and better credit quality outweighing weaker wholesale banking results.
But even if the results marginally beat expectations, ...
DATE: Nov 29, 2010
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CATEGORY:
Other
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Hardy Underwriting Bermuda Ltd. plans to buy back about 15 percent of its own shares after it rejected a second takeover bid from Lloyd's of London insurance market rival Beazley plc.
The Bermuda-based re/insurer will begin the repurchase if Beazley ...
DATE: Nov 29, 2010
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LONDON (AP) - BP plc. is selling its 60 percent stake in Argentina-based oil and gas producer Pan American Energy for $7.06 billion as part of its strategy to sell of tens of billions of assets to help pay for the massive oil spill in the Gulf of...
DATE: Nov 29, 2010
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