76251 results returned for search: "" category "Business"
NEW YORK (AP) — Burt Malkiel, a professor of economics at Princeton University, made his name giving investors no-nonsense advice in best sellers such as "A Random Walk Down Wall Street". He says investors and Wall Street traders need to remember som...
DATE: May 03, 2010
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Reinsurer Validus Holdings has estimated that its losses related to the sunken oil rig in the Gulf of Mexico will be between $38 million and $45 million.
Validus, which said on Friday that its estimate was based on an industry loss of around $1.3 bil...
DATE: May 03, 2010
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AUTHOR:
Jonathan Kent
OMAHA, Nebraska (Reuters) - As thousands of shareholders from around the world crowded into Omaha this weekend to attend Berkshire Hathaway Inc's annual meeting, many pondered the unthinkable — life after Warren Buffett.
Few chief executives are as s...
DATE: May 03, 2010
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Bermuda-based life reinsurer Scottish Re Group Ltd. announced net income of $2.3 billion for 2009, driven by sales of its businesses and other one-time items.
The company, which has stopped writing new business and is in run-off, announced the earnin...
DATE: May 03, 2010
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BRUSSELS (AP) — Finance ministers from the 16 countries that use the euro agreed yesterday on a financial rescue for Greece that will loan the struggling country 110 billion euros ($146 billion) over three years to keep it from defaulting on its debt...
DATE: May 03, 2010
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Throughout most of the Middle Ages, Constantinople was Europe's largest and wealthiest city — an icon of success. But in 1453 it was conquered by the Ottomans, marking the end of the Byzantine Empire which had lasted for over 1,100 years.
Some histor...
DATE: May 03, 2010
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NEW YORK (Bloomberg) — The euro dropped for a fifth month versus the dollar in the longest stretch of losses since November 2008 as Europe's deficit crisis spread and officials negotiated a potential $159 billion rescue for Greece.
The dollar rose ye...
DATE: May 03, 2010
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WRAPUP 1-Insurers' profits up, regulatory worries persist
+ Insurance companies report stronger results
+ Profit up on investments, key insurance businesses
+ Top executives wary of regulatory reform in 2010
+ MetLife shares up 3.6 pct, Hartford down...
DATE: May 03, 2010
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Shareholders have approved XL Capital Ltd.'s plan to redomesticate to Ireland and to change its name to "XL Group".
The Bermuda-based global re/insurer announced the news late on Friday after a special shareholder meeting and added that it hoped to r...
DATE: May 03, 2010
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AUTHOR:
Jonathan Kent
TORONTO (Reuters) - One nation's crisis is another's bonanza.
To the delight of Canadian investment banks and the satisfaction of provincial finance officials, Canadian debt is benefiting from the fiscal woes that have gripped Greece and threatened t...
DATE: May 03, 2010
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