76294 results returned for search: "" category "Business"
HSBC Investment Solutions has voluntarily closed two of its funds, it was announced on the Bermuda Stock Exchange (BSX) on Friday.
The company's Global Bond Fund – Euro and Global Bond Fund – GBP voluntarily closed following board approval effective ...
DATE: Dec 21, 2009
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NEW YORK (Bloomberg) — Citadel Broadcasting Corp., the owner of radio stations in cities including New York and Chicago, filed for U.S. bankruptcy protection in Manhattan with a deal to shed $1.4 billion of debt.
The company, which syndicates Don Imu...
DATE: Dec 21, 2009
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NEW YORK (Reuters) - Santa came early for Wall Street this year by giving the S&P 500 a 22 percent gain for 2009, and with just eight trading days left in the year, stock investors are not expecting to find much more under the tree.
The Grinch showed...
DATE: Dec 21, 2009
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Bermuda-based bond reinsurer Ram Holdings Ltd. posted net income of $31.1 million in the third quarter, compared to a loss of $40.4 million in the same period last year.
The company said in a statement on Friday that earned premiums in the quarter of...
DATE: Dec 21, 2009
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TORONTO (Reuters) - A push by US automakers to build more fuel efficient vehicles is playing to a strength of Canada's auto parts makers and positions them to pick up market share as the industry emerges from recession.
The Detroit-based automakers f...
DATE: Dec 21, 2009
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The Royal Gazette / Bermuda Stock Exchange Index finished last week virtually unchanged over the five days, as nine domestic companies traded.
The biggest mover was Watlington Waterworks, which gained more than 20 percent.
The company's dramatic rise...
DATE: Dec 21, 2009
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HOUSTON (Reuters) - Alleged swindler Allen Stanford will spend more than a year in custody after a US judge set his criminal trial for January 2011.
"This criminal case is going to get under way and it is going to go on schedule," US District Judge D...
DATE: Dec 21, 2009
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ATLANTA (Bloomberg) — A subsidiary of Bermuda-based re/insurer Arch Capital has been sued for refusing to pay legal costs of company executives by Beazer Homes USA Inc., the Atlanta-based homebuilder that agreed in July to settle federal allegations ...
DATE: Dec 21, 2009
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NEW YORK (Bloomberg) — The "litigation explosion" that forced US financial firms into courtrooms last year to defend money-losing investments and bad loans may have ended with the recovery of equity markets, Aon Corp. said.
US securities class-action...
DATE: Dec 21, 2009
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LOUISVILLE, Kentucky (AP) — Mellany Sorrell's face glistened with sweat as she lifted packages and seemed in constant motion during the holiday rush at the epicenter of UPS' global air shipping network.
The 29-year-old methodically hoisted boxes and ...
DATE: Dec 21, 2009
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