76382 results returned for search: "" category "Business"
ROME (Bloomberg) — Alitalia SpA, the insolvent Italian airline, is operating on "a razor's edge," and may run out of cash after a September 30 deadline to find a buyer, said Augusto Fantozzi, the carrier's government-appointed administrator.
Fantozzi...
DATE: Sep 25, 2008
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Butterfield Bank recovered from its recent slump as its share price bounced back by five cents (0.38 percent) to close at $12.95 on The Royal Gazette/Bermuda Stock Exchange (BSX) Index yesterday.
The bank traded 72,158 shares throughout the day.
The ...
DATE: Sep 25, 2008
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MediaHouse Ltd. will redeem all of its outstanding $5 par value preference shares on September 30. The redeemed shares shall then be cancelled.
The shares, which last traded at $5, will be redeemed at their par value of $5 along with accrued dividend...
DATE: Sep 25, 2008
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NEW YORK (Reuters) – Upscale retailer Neiman Marcus Inc. said yesterday its quarterly loss more than doubled and forecast rough times ahead as the financial crisis on Wall Street hits its customers.
The failure of investment firm Lehman Brothers and ...
DATE: Sep 25, 2008
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CHARLOTTE, North Carolina — American International Group Inc. may have agreed to take the US government up on a two-year, $85 billion loan to help stave off bankruptcy, but now the largest US insurer faces an FBI investigation.
The news, along with c...
DATE: Sep 25, 2008
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DETROIT (AP) — Germany's Daimler AG said yesterday that it is in talks to sell its remaining stake in Chrysler LLC to private-equity firm Cerberus Capital Management LP.
Daimler spokesman Han Tjan confirmed a report in Germany's Manager Magazin that ...
DATE: Sep 25, 2008
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DETROIT (AP) — General Motors Corp.'s treasurer said yesterday that the automaker is planning to put its Strasbourg, France, manufacturing operation and its Hummer truck brand up for sale, and it may announce more asset sales later this year.
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DATE: Sep 25, 2008
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Butterfield Bank has pledged to pump $15 million into financing the commercial and residential projects in the Economic Empowerment Zone (EEZ).
The bank revealed at a press conference yesterday that the money will be handed out to qualifying business...
DATE: Sep 25, 2008
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The Royal Gazette/Bermuda Stock Exchange Index continued its recent slide yesterday as Exchange heavyweight Butterfield Bank dropped to a new 52-week low.
Butterfield, which released a statement reassuring investors after the market closed (story: Pa...
DATE: Sep 24, 2008
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Axis Capital Holdings Ltd.'s board of directors has appointed former Bermuda Monetary Authority chairwoman Cheryl-Ann Lister to the board as an independent director.
Mrs. Lister will serve as a Class II director and as a member of the audit committee...
DATE: Sep 24, 2008
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