77161 results returned for search: "" category "Business"
Last week brought strong gains for three of the bigger companies on the Bermuda Stock Exchange domestic board.
Ascendant Group Ltd., owner of electricity provider Belco, was the biggest climber, gaining 6.7 percent. Ascendant shares closed up $1 at $...
DATE: Nov 08, 2010
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Allied World Assurance Company Holdings Ltd. has agreed to pay more than $220 million to buy out some of its founding shareholders.
Saturday's announcement from the nine-year-old Bermuda-based re/insurer came after the company announced net income fo...
DATE: Nov 08, 2010
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AUTHOR:
Jonathan Kent
CUPERTINO, California (AP) — Apple says the end of daylight savings time could cause problems for iPhone users.
The Cupertino-based company said on its website that repeating alarms set on iPhones and some versions of the iPod touch may not recognise...
DATE: Nov 08, 2010
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LONDON (AP) — British bank HSBC said on Friday that its pretax profit for the first nine months of the year is running "well ahead" of last year although revenue growth slowed in the third quarter.
In a trading update, HSBC Holdings PLC said trading ...
DATE: Nov 08, 2010
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NEW YORK (Reuters) - AIG posted slight gains in its main insurance businesses for the third quarter, but the bailed-out company lost more than $2 billion from asset sales linked to its restructuring.
The results underscore the difficulties American I...
DATE: Nov 08, 2010
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NEW YORK (Bloomberg) - The midterm elections that ended Democrats' control of the US House of Representatives are likely to sustain the bull market that began in March 2009 at the depths of the financial crisis.
US stocks will continue their ascent b...
DATE: Nov 08, 2010
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Bermuda-based Enstar Group Ltd.'s consolidated net earnings dropped by more than a third during the third quarter of 2010, according to its filing with the Securities and Exchange Commission.
The firm reported net earnings of $21.4 million or $1.56 p...
DATE: Nov 08, 2010
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YOKOHAMA, Japan (AP) — Officials from 21 Pacific Rim economies, including the US, China and Japan, began meetings yesterday that could move the region toward a bold goal — creating a Pacific-wide free trade zone.
The Asia-Pacific Economic Cooperation...
DATE: Nov 08, 2010
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NEW YORK (Bloomberg) — Bermuda-based Assured Guaranty Ltd. chief executive officer Dominic Frederico said Standard & Poor's decision to strip the bond insurer of the industry's last AAA rating last month was "unwarranted" and appeared to have been ba...
DATE: Nov 08, 2010
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BF&M Ltd. climbed 1.88 percent (25 cents) to $13.50 on The Bermuda Stock Exchange (BSX) yesterday.
The insurer traded 2,000 shares during the day.
Overall the Index rose 1.74 points (0.14 percent) to 1,274.99, with 2,000 shares worth $27,000 changing...
DATE: Nov 06, 2010
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