76251 results returned for search: "" category "Business"
LONDON - Britain's top stock index hit a two-week closing high as miners gained tracking stronger metals prices, but persistent concerns about euro zone debt problems prompted investors to stay cautious.
The FTSE 100 ended up 50.28 points, or 0.9 per...
DATE: May 14, 2010
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Bermuda-based Alterra Capital Holdings Ltd.'s operating subsidiaries' financial strength rating (FSR) has been upgraded to A (excellent) from A- (excellent) and its issuer credit ratings (ICR) to "a" from "a-" by AM Best Co., following the recent mer...
DATE: May 14, 2010
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TORONTO (Reuters) - Toronto's main stock index finished lower for the first time in four sessions yesterday as weaker oil and gold prices pushed down heavily weighted resource issues.
The price of oil dropped below $75 a barrel, hurt by high US inven...
DATE: May 14, 2010
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LISBON (Reuters) - Portuguese leaders agreed tough austerity measures yesterday, joining a coordinated euro zone push that has calmed market fears of a spreading Greek-style crisis but provoked talk by Spanish unions of a general strike.
Prime Minist...
DATE: May 14, 2010
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DUBLIN (Bloomberg) — Ireland's financial regulator Matthew Elderfield said that parts of Quinn Insurance may be sold to an Irish or non-Irish bidder, and that 40 expressions of interest had been received.
The former chief executive officer of the Be...
DATE: May 14, 2010
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MADRID (AP) — Spain's biggest labor union yesterday called a civil servants strike next month to protest government plans to cut salaries as part of a plan to reduce the deficit.
The General Workers Union said the stoppage would be staged on June 2.
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DATE: May 14, 2010
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Company Q1 Net income Q1 Cat Losses Est. oil rig losses
Ace $755 million $44 million -
Arch $210.5 million up to $65 -
Argo $20.7 million $22 million -
Aspen $18.3 million $102 million (after tax) -
Allied World $133.7 million up to $75 million -
Axi...
DATE: May 14, 2010
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NEW YORK (Bloomberg) — Bermuda-based Teekay Corp., the world's largest oil-tanker owner, reported a first-quarter loss of $14 million as shipping rates declined.
The loss was 19 cents a share, compared with a profit of $81.5 million, or $1.12 a share...
DATE: May 14, 2010
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Shares of Bermuda-based business insurer XL Capital Ltd. surged nearly nine percent yesterday after the company announced it would retain its place in the S&P 500 Index after its redomestication to Ireland.
XL shareholders have approved the company's...
DATE: May 13, 2010
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AUTHOR:
Jonathan Kent
NEW YORK (AP) - A dose of good economic news sent stocks sharply higher yesterday took the average down nearly 1,000 points. The technology-dominated Nasdaq composite index led major indexes with a two percent gain. Investors moved into tech stocks a...
DATE: May 13, 2010
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