76251 results returned for search: "" category "Business"
LONDON (AP) — British publisher Pearson PLC said yesterday it is selling its 61 percent stake in financial market data provider Interactive Data Corp. to private equity firms Silver Lake and Warburg Pincus in a $2 billion pretax deal.
Pearson, which ...
DATE: May 05, 2010
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PartnerRe's chief executive officer Patrick Thiele — one of Bermuda's most successful reinsurance bosses — is to retire at the end of this year, the company announced yesterday.
His successor in the top job will come from inside the company, Mr. Thie...
DATE: May 05, 2010
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AUTHOR:
Jonathan Kent
NEW YORK (Reuters) – Goldman Sachs Group Inc may soon enter talks to settle US Securities and Exchange Commission fraud charges, Fox Business Network's Charlie Gasparino reported.
Goldman officials believe the SEC's case is without merit, but the fir...
DATE: May 05, 2010
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Rapidly growing Bermuda re/insurer Torus Insurance Holdigs Ltd. yesterday announced it had acquired Liechtenstein-based Glacier Insurance AG, a subsidiary of the Glacier Group.
The transaction is expected to complete in May, 2010, subject to relevant...
DATE: May 05, 2010
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AUTHOR:
Jonathan Kent
LONDON - Britain's top share index fell sharply to a two-month closing low as euro zone debt contagion fears grew, hurting banks, and with miners hit by an Australian mining tax and concerns over tightening in China. The FTSE 100 closed down 142.18 p...
DATE: May 05, 2010
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WASHINGTON — Goldman Sachs has agreed to pay $450,000 to settle regulators' allegations that it violated a rule related to short-selling of stocks in 2008-2009, it was announced yesterday.
The banking company did not admit or deny wrongdoing in payin...
DATE: May 05, 2010
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Bermuda reinsurer Maiden Holdings Ltd. last night reported first quarter 2010 net income of $13.6 million — up 3.6 percent from the same period of last year.
Net written premium totalled $311.3 million, compared with $336.5 million in the first quart...
DATE: May 05, 2010
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LONDON (Bloomberg) — Britain will face the sort of budget-cutting measures endured by Greece after tomorrow's general election, provoking "widespread resistance" by UK workers, the National Union of Rail, Maritime and Transport Workers said.
"We pled...
DATE: May 05, 2010
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PENNSYLVANIA (Bloomberg) — Hershey Co. CEO David J. West reiterated that he's open to acquisitions overseas, saying the candy maker has learned from its scrapped plans to bid for the UK's Cadbury Plc.
"We have a better understanding of what we would ...
DATE: May 05, 2010
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Endurance Specialty Holdings Ltd. yesterday reported a fall in first-quarter profit of more than 28 percent, after it suffered estimated losses of $65 million from catastrophes.
The Bermuda-based re/insurer posted net income of $55.8 million, or 91 c...
DATE: May 05, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
