77163 results returned for search: "" category "Business"
LONDON (Bloomberg) - Supertanker owners are facing the longest stretch of unprofitable rates in 17 years as the supply of new vessels increases nine times faster than demand for oil.
Shipping companies are making $3,155 a day for a single voyage, 90 ...
DATE: Oct 26, 2010
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Butterfield Bank climbed 2.84 percent (four cents) on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 28,400 shares to close at $1.49.
BF&M Ltd. also saw 3,900 shares change hands as it edged up 1.81 percent (24 cents) to $13.01.
The Inde...
DATE: Oct 26, 2010
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PartnerRe Ltd. has announced that its board of directors has increased its annual dividend by 10 percent from $2 to $2.20 per common share.
This marks the second rise in the common share dividend this year.
Yesterday, the board declared a regular qua...
DATE: Oct 26, 2010
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International Business
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Arch Capital Group Ltd.'s third-quarter profits fell by nearly half compared to 2009, as catastrophe losses climbed as premium revenue fell.
The Bermuda-based insurer and reinsurer said last night that net income fro the July through September period...
DATE: Oct 26, 2010
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International Business
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Alterra Specialty chief executive officer Stephen Vaccaro has been honoured with a Service to Industry Award from The Professional Insurance Wholesalers Association of New York State (PIWA). This award is given annually to an individual for his o...
DATE: Oct 26, 2010
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CATEGORY:
International Business
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Age is no barrier when it comes to the legal profession, as two Bermudian lawyers at Cox Hallett Wilkinson (CHW) have proved in being called to the Bermuda Bar.
Last week Olga Rankin became the oldest person to be called to the Bar at the age of 65 w...
DATE: Oct 26, 2010
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"The most common cause of low prices is pessimism - sometimes pervasive, sometimes specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces. It's optimi...
DATE: Oct 25, 2010
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The Bermuda Monetary Authority is set to hold a series of awareness sessions on Bermuda's anti-money laundering regulations targeting the Island's financial industry.
The seminars are designed to educate firms within the financial services sector abo...
DATE: Oct 25, 2010
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NEW YORK (Reuters) - US stocks could see big swings to the downside this week on any remotely "bad" news since volatility indexes are at levels considered too low.
Investors also will face a blizzard of earnings, which many analysts believe will cont...
DATE: Oct 25, 2010
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Bermudian entrepreneur Lois Wilson's commissioned logo water.bm has been selected and appears in the US book Logolicious - the Mini book of Great Logos 2010 by Alexander Isley, released this month.
The logo was developed in conjunction with her web/g...
DATE: Oct 25, 2010
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