76370 results returned for search: "" category "Business"
Shareholders of Bermuda Stock Exchange-listed Fabian Romania Ltd. got an early Christmas present on Friday with the news of a buyout offer at almost double that morning's share price.
Fabian, formed in April 2005 to build up assets in Romanian proper...
DATE: Dec 22, 2008
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Bermuda-based reinsurer Ariel Re has been linked in the British press with a takeover bid for Lloyd's of London insurer Chaucer Holdings.
The Independent on Sunday yesterday reported that Ariel was being advised by banking group Hawkpoint, which acte...
DATE: Dec 22, 2008
|
CATEGORY:
Other
|
NEW YORK (Bloomberg) — Genworth Financial Inc., MGIC Investment Corp. and Old Republic International Corp. had their mortgage insurance units downgraded by Standard & Poor's on prospects of more homeowner defaults as housing prices decline.
"Our fore...
DATE: Dec 22, 2008
|
CATEGORY:
Other
|
MADRID (Bloomberg) — For six decades, Andorra prospered by catering to skiers, smokers and wealthy people trying to avoid taxes. With those revenues drying up, the mountain principality between France and Spain is now putting itself up for sale. The ...
DATE: Dec 22, 2008
|
CATEGORY:
Other
|
With origins derived from many domiciles, Bermuda residents today are a representative microcosm of a United Nations world fair.
Even early Bermuda settlers were an eclectic mix of peoples. Continuing into modern day, we still engage in long-term rel...
DATE: Dec 20, 2008
|
CATEGORY:
Other
|
When the chief executives of General Motors and Ford announced that they would take just $1 a year in salary if Congress bailed their companies out, I rolled my eyes. Not for a moment did that gesture make me feel better about the possibility of the ...
DATE: Dec 20, 2008
|
CATEGORY:
Other
|
This is the most difficult column of the year to write. It being the non-denominational holiday season for the celebration of this and that, I can't suggest that you save money this week. (Nor am I going to suggest that you throw it away, since I exp...
DATE: Dec 20, 2008
|
CATEGORY:
Other
|
TORONTO (Reuters) - Toronto's main stock index ended 1.5 percent higher yesterday as fresh hopes for a restructuring of the frozen non-bank asset backed commercial paper market boosted financial shares, and as BlackBerry maker Research In Motion (RIM...
DATE: Dec 20, 2008
|
CATEGORY:
Other
|
West Hamilton Holdings Ltd. dropped 24.52 percent ($3.25) in a tough day's trading on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The company, which is currently developing Belvedere Place in Hamilton, closed at $10, having starte...
DATE: Dec 20, 2008
|
CATEGORY:
Other
|
NEW YORK (AP) - Stock prices pared earlier gains to end a choppy day relatively flat yesterday, as Wall Street remained uncertain that a $17.4 billion lifeline for US automakers will make a lasting difference for the beleaguered industry.
In the earl...
DATE: Dec 20, 2008
|
CATEGORY:
Other
|
