76314 results returned for search: "" category "Business"
Validus Holdings Ltd. returned to profit of almost $500 million for the third quarter following its takeover of IPC Holdings Ltd. in September.
The reinsurer net income of $499.2 million compared with a net loss of $126.3 million for the same period ...
DATE: Nov 06, 2009
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TORONTO (Reuters) - Canada's dollar ended slightly lower versus the US currency in a muted session yesterday as traders avoided big commitments ahead of key jobs data due today from Canada and the US.
The Canadian dollar, coming off a string of three...
DATE: Nov 06, 2009
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A "culture of entitlement" exists inBermuda that has put the country on a slippery slope, gradually diminishing the importance of treating its customers properly.
That is according to Somers Cooper, managing directorof AS Cooper & Sons, who was writi...
DATE: Nov 06, 2009
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LONDON (Bloomberg) - Lancashire Holdings Ltd., the property insurer that first sold shares in London in 2005, posted a third-quarter profit as gross written premiums rose.
Lancashire posted net income for the three months ended September 30 of $108.7...
DATE: Nov 06, 2009
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NEW YORK (Bloomberg) - American International Group Inc., the bailed-out insurer with a $355 billion fixed-income portfolio, may report gains from the rally in corporate bonds and mortgage-backed securities in the third quarter.
Investment-grade US b...
DATE: Nov 06, 2009
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TOKYO (AP) — Toyota Motor Corp. reported a surprise profit yesterday and cut its projected red ink for the year by half, adding to growing evidence that carmakers are starting to recover from the deepest industry downturn in years.
Although far from ...
DATE: Nov 06, 2009
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NEW YORK (AP) - A drop in unemployment claims and an upbeat forecast from Cisco Systems Inc. gave investors a jolt of confidence a day before a key government report on jobs.
The Dow Jones industrial average jumped 200 points yesterday to its first c...
DATE: Nov 06, 2009
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MF Global could be the latest company to leave Bermuda after announced plans to move to the US in order to diversify its business within the financial services sector.
The futures and options broker, which posted a $16 million net loss in its fiscal ...
DATE: Nov 06, 2009
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NEW YORK (Bloomberg) - Signet Jewelers Ltd. said same store sales fell 1.9 percent in the 13 weeks to October 31 from a year earlier, with total sales down 2.5 percent on a reported basis to $613.6 million.
According to earnings released by the compa...
DATE: Nov 06, 2009
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NEW YORK (Reuters) – Investors snapped up the shares of Hyatt Hotels Corp in their debut Thursday, enticed by the company's strong balance sheet and prospects for a robust rebound in the lodging industry in the next two years.
Hyatt shares surged mor...
DATE: Nov 06, 2009
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