76339 results returned for search: "" category "Business"
Belco Holdings Ltd. boosted its share price by 25 cents (1.56 percent) on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The utilities company's share value closed the day at $16.25, with 2,000 shares traded.
The Index, as whole, fin...
DATE: Jun 05, 2009
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Local stocks remained unchanged after a quiet day's trading on the Bermuda Stock Exchange (BSX) yesterday.
On the day it held information sessions on its $200 million issuance of preferred stock (see page 25), Butterfield Bank's common shares stayed ...
DATE: Jun 04, 2009
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Investors looking to buy preference shares in Butterfield Bank can expect to receive a minimum dividend of eight percent it was announced by the bank yesterday.
Alan Thompson, president and CEO of Butterfield Bank, told prospective shareholders the r...
DATE: Jun 04, 2009
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Three-quarters of the Bermuda staff of XL Capital Ltd. took a day off their normal jobs yesterday to donate their time and effort to some community projects.
Their efforts were part of the business insurer's fourth annual Global Day of Giving, which ...
DATE: Jun 04, 2009
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NEW YORK (AP) - The problem with rising expectations is that it gets tougher to beat them.
Investors broke the stock market's four-day rally and sold off after US data on the services industry and factory orders came in below forecasts. Factory order...
DATE: Jun 04, 2009
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CHICAGO (Bloomberg) — Aon Corp., the world's largest insurance brokerage, will replace American International Group Inc. as jersey sponsor of English league champions Manchester United from June 2010.
Chicago-based Aon, which has offices in Bermuda, ...
DATE: Jun 04, 2009
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SEATTLE (Bloomberg) — Microsoft Corp. chief executive officer Steven Ballmer said the world's largest software company would move some employees offshore if Congress enacts President Barack Obama's plans to impose higher taxes on US companies' foreig...
DATE: Jun 04, 2009
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CHARLOTTE, North Carolina (AP) — The embattled insurer American International Group Inc. is selling its headquarters building in New York and a nearby building in a deal expected to close at the end of this summer, a person familiar with the matter s...
DATE: Jun 04, 2009
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Ace Ltd. announced yesterday that its subsidiary Ace INA Holdings Inc. plans to sell $500 million of 5.9 percent 10-year notes.
The notes will be guaranteed by Ace Ltd. and will be used for refinancing upcoming debt maturities and general corporate p...
DATE: Jun 04, 2009
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LONDON (Bloomberg) — Amlin Plc, the biggest insurer in the Lloyd's of London market, will buy Fortis Corporate Insurance NV for 350 million euros ($500 million) in its largest acquisition as it seeks to expand in areas not related to catastrophe cove...
DATE: Jun 04, 2009
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