76361 results returned for search: "" category "Business"
In the world of business, the truth can sometimes be a rare commodity. Last week, Google announced that it would change some key details of its stock option plan. Stock options represent the right to buy a company's shares at some time in the future....
DATE: Jan 31, 2009
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It turns out that some of the hedge fund and money managers who guided investors into the care of Bernard Madoff came to suspect that Madoff was breaking the law.
How else to explain his returns?
They pressed for answers, got none and told their clie...
DATE: Jan 31, 2009
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NEW YORK (AP) — Stocks slumped for a second straight day yesterday as investors, already on edge about the worsening economy, were further rattled by a report that Washington's plans to help banks may have hit a snag.
The Dow Jones industrials droppe...
DATE: Jan 31, 2009
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Calling all of Bermuda's outstanding employers - it is time to act now to get your applications in. The deadline for The Bottom Line Magazine's first ever Top 10 Outstanding Employers in Bermuda survey is looming in the hunt to find the most exceptio...
DATE: Jan 30, 2009
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LONDON (Reuters) - The Bank of England said yesterday it will start its £50 billion ($70 billion) shopping spree to get credit markets moving again with purchases of corporate bonds, commercial paper and debt issued by banks that were recapitalised b...
DATE: Jan 30, 2009
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MINNEAPOLIS (AP) — US Airways Group Inc. said yesterday it lost $541 million in the fourth quarter on a mix of sour fuel hedges and operating losses.
"Clearly from a financial perspective we're happy to put 2008 behind us," chairman and chief executi...
DATE: Jan 30, 2009
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TORONTO (Bloomberg) - Canadian stocks fell, snapping a four-day rally, as oil's retreat and Petro-Canada's loss sent energy shares lower and worse-than-estimated earnings at US insurer Allstate Corp. spurred a drop in banks and insurers.
Petro-Canada...
DATE: Jan 30, 2009
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Butterfield Bank has made a number of new executive appointments as part of a management reshuffle at the bank.
Curtis Dickinson has been appointed executive vice-president of wealth management, Jim Stewart as executive vice-president and chief risk ...
DATE: Jan 30, 2009
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DETROIT (Reuters) - Ford Motor Co posted a deeper-than-expected $5.9 billion quarterly loss yesterday but said it would have the cash to survive the worst downturn in auto sales in decades without a US government bailout.
Ford said it was cutting som...
DATE: Jan 30, 2009
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Consumer confidence in Bermuda is at a 10-year low, according to the latest statistics released by the Bermuda Omnibus Survey.
The Consumer Confidence Index (CCI) has dropped from 100 in June 1998 to 64 in December 2008, reaching the lowest point rec...
DATE: Jan 30, 2009
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