76382 results returned for search: "" category "Business"
It was a case of declines all round on The Royal Gazette/Bermuda Stock Exchange Index (BSX) last week.
Banking was the hardest hit sector, as Bermuda Commercial Bank Ltd. fell 25 cents (2.70 percent) and Butterfield Bank dropped 20 cents (1.66 percen...
DATE: Oct 14, 2008
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Throughout Financial Planning Week in Bermuda, October 6-12, 2008, we have been following the Couple family, a composite family created by Argus Financial Limited, as they take charge of their financial wellness. Here is the fourth part of their stor...
DATE: Oct 11, 2008
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When investment markets are as unpredictable and volatile as they have been lately; when security values in personal portfolios are dropping like stones, investors cannot ignore the results. Having a personal financial plan in place that defines curr...
DATE: Oct 11, 2008
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WASHINGTON/NEW YORK (Reuters) - Finance chiefs of the world's major economies pledged yesterday to take decisive action and work together to stem the escalating financial crisis after another day of gut-wrenching drops on world markets.
Reeling from ...
DATE: Oct 11, 2008
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NEW YORK (Bloomberg) — Ace Ltd., the insurer that moved its holding company headquarters to Zurich from the Cayman Islands, said third-quarter earnings fell and the value of investments declined by $1.5 billion.
Operating income, which excludes losse...
DATE: Oct 11, 2008
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Belco Holdings Ltd. boosted its share price by the tune of $2 (12.5 percent) to close at $18 on The Royal Gazette/Bermuda Stock Exchange (BSX) Index yesterday.
The utilities company traded 100 shares.
Butterfield Bank, meanwhile, dropped 15 cents (1....
DATE: Oct 11, 2008
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Bermuda reinsurer PartnerRe yesterday revealed it had made a third-quarter underwriting profit despite the impact of hurricanes Gustav and Ike.
And the company's chief executive officer Patrick Thiele declared that the company had the capital to resp...
DATE: Oct 11, 2008
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AUTHOR:
Jonathan Kent
Like a piano player in a cheap bar, I take requests. I had one this week, from a woman who asked if I might spend more time explaining how the economic system works. Delighted to oblige. The subject this week is the short selling of shares. It's tech...
DATE: Oct 11, 2008
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WASHINGTON (Bloomberg) — US Treasury Secretary Henry Paulson said last night the US will buy equity "as soon as we can" in banks and other financial institutions to restore market stability and revive economic growth.
The Treasury is "working to deve...
DATE: Oct 11, 2008
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Bermuda-based business insurer XL Capital Ltd. recovered some of the enormous losses its share price suffered over the past week after the company announced estimated investment losses of around $1 billion for the third quarter.
XL, which had shed 80...
DATE: Oct 11, 2008
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AUTHOR:
Jonathan Kent
