77161 results returned for search: "" category "Business"
NEW YORK (Bloomberg) — Bermuda-based Assured Guaranty Ltd., the bond insurer stripped of the industry's last AAA ranking last month, said net income rose to $180.9 million in the third quarter, in part because it successfully forced mortgage bond sel...
DATE: Nov 05, 2010
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NEW YORK (Bloomberg) — Hedge funds rose 1.5 percent in October, reaching the highest level in more than two years as global equity markets rallied, according to data compiled by Bloomberg.
The Bloomberg aggregate hedge fund index increased to 117.13 ...
DATE: Nov 05, 2010
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NEW YORK (Reuters) - Metro-Goldwyn-Mayer Studios Inc. has filed for bankruptcy, marking a climax to a drawn-out restructuring for the storied Hollywood studio that controls the James Bond films and made "The Wizard of Oz."
The Chapter 11 filing follo...
DATE: Nov 05, 2010
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A Bermuda investment firm is planning to buy a majority stake in Good Times Restaurants Inc., according to a report in the Denver Business Journal.
Small Island Investments Ltd. (SII), which has offices in Boston, is set to acquire 51.4 percent of th...
DATE: Nov 05, 2010
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NEW YORK (Bloomberg) — Prudential Financial Inc., the second-biggest US life insurer, said 2011 earnings may fall short of analysts' estimates as the company incurs costs on the acquisition of two American International Group Inc. businesses.
Next ye...
DATE: Nov 05, 2010
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BEIJING (AP) — Unrestrained printing of dollars could spark a new global crisis, an adviser to China's central bank warned yesterday as Asian governments braced for an unwanted flood of capital into their markets following the Federal Reserve's move ...
DATE: Nov 05, 2010
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American International Assurance Company (Bermuda) Ltd.'s (AIA Bermuda) 'A+' Insurer Financial Strength (IFS) rating currently on Rating Watch Evolving has been withdrawn by Fitch Ratings.
AIA-Bermuda's parent, AIA Group Ltd. (AIA Group), recently co...
DATE: Nov 05, 2010
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SHANGHAI (AP) — General Motors Co. says it is set to sell more than two million vehicles in China this year after posting record sales for October.
GM and its ventures in China sold 199,641 vehicles last month, up nearly 20 percent from the year befo...
DATE: Nov 05, 2010
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BRUSSELS (Reuters) - The European Commission has opened an investigation into the award of a Eurostar train order to German group Siemens after a complaint by French company Alstom, an EU source said.
The EU executive began a preliminary four-week in...
DATE: Nov 05, 2010
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LOS ANGELES (Reuters) - Starbucks Corp raised its full-year profit forecast, boosting investor confidence its turnaround plan has ushered in a new phase of growth and sending shares three percent higher.
Rising prices and improving traffic in its sto...
DATE: Nov 05, 2010
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