76343 results returned for search: "" category "Business"
LOM was hit hard by the impact of the global financial crisis, with the company suffering a loss of more than $750,000 during 2008.
That is according to LOM's 2008 audited financial results released yesterday, which reveal that last year the company ...
DATE: Apr 30, 2009
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WASHINGTON (Bloomberg) - Kimberly-Clark Corp., the maker of Huggies diapers and Kleenex tissue, sued Covidien Ltd. over patented technology used to make tubes that go down the trachea to help people breath.
Kimberly-Clark, which makes the Microcuff l...
DATE: Apr 30, 2009
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Aspen Insurance Holdings Ltd. enjoyed a good start to 2009, with profits up 12 percent for the first quarter.
The insurer's net income rose to $91.4 million or $1.18 per share for this year's first quarter to $81.2 million or 79 cents per share for t...
DATE: Apr 30, 2009
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Insurance proved to be the busiest sector on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday, with both Argus Group Holdings Ltd. and BF&M Ltd. seeing their share prices rise.
Argus climbed 20 cents (2.98 percent) to $6.90, with 1,000 ...
DATE: Apr 30, 2009
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NEW YORK (Reuters) - Tyco Electronics Ltd reported better-than-expected earnings, helped by higher sales and profit in its underseas telecommunications unit, cost cuts and a lower-than-expected tax rate.
The maker of electronic connectors, telecom ne...
DATE: Apr 30, 2009
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Elbow Beach Hotel has shown its commitment to hiring Bermudians with the promotion of four members of staff, despite the current economic downturn.
The hotel announced the appointment of Zeudi Hinds and Andrea Haffar to the Elbow Beach Executive Comm...
DATE: Apr 30, 2009
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DATE: Apr 30, 2009
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Max Capital Group Ltd. announced yesterday that it intends to vigorously defend the enforceability of the amalgamation agreement between IPC Holdings Ltd. and Max against the "meritless lawsuit" filed by Validus Holdings Ltd. on Tuesday.
"Validus in...
DATE: Apr 30, 2009
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Everest Re Group Ltd. boosted its net income by more than $30 million in the first quarter of 2009, driven by all-round solid financial results.
The company saw its profits rise to $108.6 million or $1.77 per share for the first quarter from $77.9 mi...
DATE: Apr 30, 2009
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Bermuda's business growth has been boosted not by lax tax laws here but by burdensome bureaucracy in the States, says Ariel Re head Don Kramer.
Yet he said the tax haven label was still a huge threat to Bermuda, despite its unfairness.
Mr. Kramer, wi...
DATE: Apr 30, 2009
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