76188 results returned for search: "" category "Business"
NEW YORK (AP) - Stock prices fell yesterday as concerns grew over whether the Federal Reserve's plans to buy Treasury bonds might be smaller and slower than anticipated.
Stocks had been rising in recent weeks due to a number of strong earnings report...
DATE: Oct 28, 2010
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Aspen Insurance Holdings Ltd.'s profits fell by more than one third during the third quarter of 2010 as the company suffered a $20.4 million loss from the New Zealand earthquake and took a significant hit from oil and gas pipelines losses.
The re/ins...
DATE: Oct 28, 2010
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Butterfield Bank's preference shares rose 6.3 percent ($75) on The Bermuda Stock Exchange (BSX) yesterday.
Closing at $1,275, the bank traded 395 shares during the day.
Overall the Index remained unchanged at 1,271.03, with 2,695 shares worth US$535,...
DATE: Oct 28, 2010
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NEW YORK (Bloomberg) — Bermuda-based Lazard Ltd., the biggest independent merger adviser, reported third-quarter earnings that beat analysts' estimates on higher revenue from advising on mergers and acquisitions.
Profit rose 18 percent to $62.2 milli...
DATE: Oct 28, 2010
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Ace Ltd. has agreed to buy New York Life Insurance Co.'s Hong Kong and South Korean life operations for about $425 million, the global insurer announced yesterday.
The transaction, which is subject to regulatory approvals, is expected to be completed...
DATE: Oct 28, 2010
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RenaissanceRe Holdings Ltd. made a profit of $204.8 million in the third quarter — despite taking a $73.6 million hit from an earthquake in New Zealand.
But operating income, which excludes one-off items and gains on investment assets, slumped to $90...
DATE: Oct 28, 2010
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AUTHOR:
Jonathan Kent
American Safety Insurance Holdings Ltd. yesterday reported a 44 percent increase in net earnings for the third quarter, as revenues surged 30 percent.
The Bermuda-based insurer said net income was $7.2 million for the three months ended September 30,...
DATE: Oct 28, 2010
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TORONTO (Bloomberg) - Canadian stocks fell the most in two months as metal and crude oil prices dropped on a stronger US dollar and Canadian National Railway Co. failed to boost its profit forecast.
CN, the country's biggest railroad, lost 3.4 percen...
DATE: Oct 28, 2010
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Every manager of a small business or a start up should read Susan Mernit's guide to business management software. It could save them money and improve efficiency.
The 36-page document outlines the various advantages and downsides of using a variety o...
DATE: Oct 27, 2010
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Pembroke Tile & Stone Co. Ltd. yesterday announced the appointment of Bermudians Ronald Kirkpatrick and Derrick Smith to managerial positions.
Mr. Kirkpatrick was named as customer service Manager, while Mr. Smith, has been promoted to warehouse mana...
DATE: Oct 27, 2010
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