76323 results returned for search: "" category "Business"
NEW YORK (AP) - A disappointing report on housing starts made investors nervous about the economy yesterday and sent stocks lower even as profits at many companies exceed expectations.
Stocks fell from 2009 highs after the Commerce Department said ho...
DATE: Oct 21, 2009
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NEW YORK (Bloomberg) — GMAC Inc., the lender that received two US bailouts, will sell its property-casualty insurance business to American Capital Acquisition Corp. after posting losses in seven of the past eight quarters.
The deal includes GMAC's US...
DATE: Oct 20, 2009
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Bermuda insurer Axis Capital's announcement of almost $400 million in writedowns and derivative losses will not affect its ratings with Standard & Poor's Ratings Services.
Axis announced last week that the losses would impact forthcoming third-quarte...
DATE: Oct 20, 2009
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Residents and business owners from the Economic Empowerment Zone (EEZ) in North Hamilton will be able to learn more about their financial options with a seminar on special banking programmes held by Butterfield Bank today.
Since 2007, the bank has co...
DATE: Oct 20, 2009
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The ever-changing role of the executive in today's rapidly evolving global business climate will be the focus for an in-depth roundtable discussion held in Bermuda next month.
The event entitled 'Bermuda Executive Coaching Roundtable', which will be ...
DATE: Oct 20, 2009
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Exercise is one of the most important parts of our lives in keeping fit and leading a healthy lifestyle.
But it can be easily overlooked with many of us finding excuses not to work out instead of reasons to get in shape.
One man is now looking to cha...
DATE: Oct 20, 2009
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Butterfield Bank's preference shares dropped $10 (0.8 percent) on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 198 preference shares to close at $225, with 300 common shares also changing hands.
Bermuda Aviation Services Ltd. transacte...
DATE: Oct 20, 2009
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Financial services industry leaders yesterday paid tribute to the work of outgoing Bermuda Monetary Authority CEO Matthew Elderfield and gave a warm welcome to his successor Jeremy Cox.
Michael Butt, chairman of both Axis Re and the Association of Be...
DATE: Oct 20, 2009
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NEW YORK (Bloomberg) — Apple Inc.'s sales and profit beat analysts' estimates on back-to-school demand for iPhones, iPods and Macintosh computers, sending the stock in after-market trading to its highest price in history.
Fourth-quarter net income ro...
DATE: Oct 20, 2009
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TORONTO (Reuters) - Toronto's main stock index finished higher yesterday, lifted by speculation that Potash Corp. of Saskatchewan could be taken over.
Shares of Potash Corp rose more than five percent, leading all advancers, after a Bank of America M...
DATE: Oct 20, 2009
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