76251 results returned for search: "" category "Business"
With the reincarnation and passage of President Obama's Health Care Bill, the tax increases to pay for the health care legislation have now been enacted. While the health care legislation will be phased in over the next ten years, taxes to support th...
DATE: May 05, 2010
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Catlin Group Ltd. is seeking to secure $150 million in retrocessional capacity through a new sidecar-style special-purpose vehicle, market sources confirmed Wednesday. The facility, Long Bay Re Ltd., is a Bermuda-based Class 3 reinsurer designed to p...
DATE: May 05, 2010
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TORONTO (Bloomberg) — Canadian stocks fell the most in three months as manufacturing slowed in China and investors speculated the bailout of Greece won't solve Europe's debt crisis.
Teck Resources Ltd., Canada's largest base-metals producer, dropped ...
DATE: May 05, 2010
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Burrows Lightbourn today launches its new WineOnline.bm website to offer a complete online sales and delivery service.
The drinks supplier's managing director, Richard Hartley, said it would enable customers to browse for wines, beers and spirits onl...
DATE: May 05, 2010
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AUTHOR:
Jonathan Kent
Net income: $55.8 million compared to $78.3 million in the same period of 2009.
Gross premiums written: $818.9 million compared to $783.3 million in 2009.
Combined ratio: 97.3 percent compared to 92.2 percent in 2009.
DATE: May 05, 2010
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ATHENS/LONDON (Reuters) – A renewed selling frenzy gripped euro zone financial markets yesterday as concern mounted that a record EU/IMF bailout for Greece would not stop a debt crisis spreading in the single currency area.
Spanish Prime Minister Jos...
DATE: May 05, 2010
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Interest remained high in the Butterfield Bank $130 million rights offering, as more than 4.1 million rights were traded on the Bermuda Stock Exchange yesterday.
The rights, which give participants the right to buy shares at $1.21 rose a cent to eigh...
DATE: May 05, 2010
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NEW YORK (Bloomberg) — Bermuda-based XL Capital Ltd., the biggest gainer in the Standard & Poor's 500 Index last year, said first-quarter profit surged on improved investment results.
Net income rose to $143.9 million from $3.1 million in the same pe...
DATE: May 05, 2010
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DALLAS — Transocean Ltd., which owned the drilling rig that exploded in the Gulf of Mexico, eliminated bonuses for top executives last year over concerns about safety problems at the company.
The company said in a regulatory filing on April 1 that it...
DATE: May 05, 2010
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NEW YORK (AP) — Stocks plunged around the world yesterday as fears spread that Europe's attempt to contain Greece's debt crisis would fail. The euro fell to its lowest point against the dollar in a year.
The Dow Jones industrial average lost 225 poin...
DATE: May 05, 2010
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