76201 results returned for search: "" category "Business"
NEW YORK (Bloomberg) — Goldman Sachs Group Inc. proprietary traders who created a hedge fund within the firm in 2007 have generated a return of about three percent this year, beating the industry average, people briefed on the gain said.
Goldman Sach...
DATE: Sep 17, 2010
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Bermuda resident Michael DeGroote has entered into a transaction to sell almost $50 million worth of stock in CBIZ Inc. to Westbury (Bermuda) Ltd.
The Canadian billionaire will sell about 7.7 million shares of CBIZ stock, at a price of $6.25 per shar...
DATE: Sep 17, 2010
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Lawyers have continued to receive a handsome pay-day in the fall out from Bernard Madoff's bankruptcy, with Bermuda's Williams Barristers & Attorneys awarded $77,789 in costs for helping track down the fraudster's assets, according to a report by The...
DATE: Sep 17, 2010
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The Bermuda Telephone Company (BTC) will continue to be key player in the island’s telecommunications sector but it will need to adapt in order to maintain its success in the future.
That is according to Lloyd Fray, the newly-appointed president and ...
DATE: Sep 17, 2010
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LONDON (Reuters) – News Corp's UK newspaper arm is to put its mass-selling News of the World tabloid, known for scoops on celebrities and politicians, behind an online paywall in its latest move to charge readers for web access.
Rupert Murdoch's New...
DATE: Sep 17, 2010
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MUMBAI, India (AP) — India's central bank raised a key interest rate more than expected yesterday — its fifth rate hike this year — as it continues its fight against high inflation.
The Reserve Bank of India raised the repo rate — at which it makes s...
DATE: Sep 17, 2010
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TURIN (Bloomberg) — Fiat Industrial SpA, the truck and tractor unit of Fiat SpA, may be a better investment bet than the car-making business, reflecting faster profit growth next year as investors approved CEO Sergio Marchionne's spinoff proposal yes...
DATE: Sep 17, 2010
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Watlington Waterworks Ltd. fell 19 percent ($2.35) on The Bermuda Stock Exchange (BSX) yesterday.
The utilities company traded 2,100 shares to close at $10.05.
Butterfield Bank was the only other trader, seeing 2,000 shares worth $1.50 each change ha...
DATE: Sep 17, 2010
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LONDON (Reuters) – Kingfisher, Europe's biggest home improvement retailer, beat first-half profit forecasts, helped by cost-cutting and business improvements that it said would help it to cope with a tough consumer outlook.
The group, which runs mark...
DATE: Sep 17, 2010
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Bermuda-based Hiscox Ltd. has announced the sale of its US animal mortality business to Markel Service Inc.
The business, which operates under the American livestock name and provides both equine and livestock cover, will be handed over to Markel sub...
DATE: Sep 17, 2010
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