76251 results returned for search: "" category "Business"
CRM Holdings Ltd. is exploring "strategic alternatives" that could include a sale, merger or shedding operations, the troubled workers compensation management firm said Thursday.
"There can be no assurance that the exploration of strategic alternativ...
DATE: May 07, 2010
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Bermuda has concluded negotiations on a tax information exchange agreement (TIEA) with the People's Republic of China, Finance Minister Paula Cox announced yesterday.
Minister Cox said at a press conference that the proposed TIEA with China was anoth...
DATE: May 07, 2010
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REYKJAVIK, Iceland (AP) — Icelandic authorities arrested the former chief executive of collapsed bank Kaupthing yesterday — the first high profile banker to be detained in the wake of the tiny Nordic country's financial crisis.
The special prosecutor...
DATE: May 07, 2010
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Net income: Loss of $118.4 million compared to net income of $94.9 million in 2009.
Gross premiums written: $870.9 million compared to $609.9 million in 2009.
Combined ratio: 134.3 percent compared to 75 percent in 2009.
DATE: May 07, 2010
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WASHINGTON (Reuters) - The United States was unprepared for the 2007-2008 financial crisis, underestimated its seriousness and lagged in coming to grips with the damage, past and current Treasury chiefs said yesterday.
Treasury Secretary Timothy Geit...
DATE: May 07, 2010
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LONDON (AP) — British oil and gas explorer Rockhopper Exploration PLC says it may have discovered viable oil off the coast of the Falkland Islands.
Shares in Rockhopper soared after its announcement yesterday that initial data from its Sea Lion platf...
DATE: May 07, 2010
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TORONTO (Reuters) - Toronto's main stock index closed lower yesterday, but cut a near-four percent intraday tumble, sparked by a drop in crude futures and worries the Greek debt crisis may widen to other euro zone countries.
The TSX energy sector tum...
DATE: May 07, 2010
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Allied World Assurance Company Holdings Ltd. saw its profits rise by more than $2 million during the first quarter of 2010 despite continued competition on pricing and significant global catastrophic loss activity, including the Chile earthquake.
The...
DATE: May 07, 2010
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NEW YORK (AP) — Americans gave retailers a respectable spring selling season, resulting in a slew of stores raising their earnings outlooks and providing an encouraging sign that the consumer rebound is continuing.
As merchants released April revenue...
DATE: May 07, 2010
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BC-US--Earns-Sara Lee, 3rd Ld-Writethru,0465
Sara Lee posts 3Q loss but raises outlook
AP Photo MEPW302, MEPW303
NEW YORK (AP) -- Sara Lee Corp. reported Thursday that it lost money in its fiscal third quarter, pulled down by significant charges and ...
DATE: May 07, 2010
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