76401 results returned for search: "" category "Business"
PHOENIX (AP) — US Airways Group Inc. said yesterday it swung to a loss in the first quarter, punished like other airlines by the rising cost of jet fuel.
The Tempe, Arizona-based carrier said it lost $236 million, or $2.56 per share, in the January-M...
DATE: Apr 25, 2008
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NEW YORK (Bloomberg) — Chubb Corp., the 11th-largest US property insurer, said first-quarter profit fell 6.5 percent amid claims losses were related to windstorms and tornadoes and a decline in underwriting income.
Net income fell to $664 million, or...
DATE: Apr 25, 2008
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Bermuda reinsurer IPC Holdings yesterday reported net income of $86.8 million for the first quarter, up 13 percent on the same period last year.
The catastrophe coverage specialists' losses in the first three months of the year included a $14.5-milli...
DATE: Apr 25, 2008
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AUTHOR:
Jonathan Kent
Ace USA is offering coverage against political evacuation, kidnap and extortion for multinational companies with employees working in hotspots around the world.
The US subsidiary of Bermuda-headquartered Ace Ltd. said yesterday it would add the cover...
DATE: Apr 25, 2008
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AUTHOR:
Jonathan Kent
DEARBORN, Michigan (AP) — Ford Motor Co. surprised Wall Street yesterday with a $100 million profit in the first quarter as strong results from Europe and South America helped offset the impact of a slumping US economy that cut car and truck sales in...
DATE: Apr 25, 2008
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LONDON (Reuters) - UK insurer Amlin Plc said yesterday it saw a more challenging year ahead, with the average drop in renewal rates in the first quarter at just over seven percent, though it retained 86 percent of business.
"The group continues to wr...
DATE: Apr 25, 2008
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LONDON (Bloomberg) — British farmland prices rose at the fastest rate in at least 12 years as rising food and commodity prices encouraged farmers to bid up the cost of land, according to Knight Frank LP.
The average cost of an acre of farmland increa...
DATE: Apr 25, 2008
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SAN JOSE, California (AP) — Apple Inc.'s fiscal second quarter was another blow-out, with results that easily surpassed Wall Street's expectations, but it wasn't enough for investors to warm up to the company's stock any further.
Results came out aft...
DATE: Apr 25, 2008
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Bermuda business people are receiving requests for information about their enterprises from Government as the Annual Economic Activity Survey (EAS) gets underway.
The Department of Statistics launched the survey on April 7. It will canvass about 1,50...
DATE: Apr 25, 2008
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MINNEAPOLIS (AP) — The Travelers Cos. Inc., one of the nation's largest commercial insurers, said its first-quarter profit declined 11 percent as it fought a competitive insurance market and lower investment income.
But the results were better than a...
DATE: Apr 25, 2008
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