76401 results returned for search: "" category "Business"
new york (Bloomberg) — The yen dropped the most against the dollar since November as first-quarter results at the world's largest financial firms fuelled speculation they will weather credit market losses.
Japan's currency fell against all of its maj...
DATE: Apr 21, 2008
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A Bermuda insurance market leader has welcomed efforts to create a US federal insurance regulator — a step toward updating the current system whereby each state has its own rules for the industry.
Bradley Kading, president of the Association of Bermu...
DATE: Apr 21, 2008
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DUBAI (Bloomberg) — Qatar Insurance Co., the Persian Gulf emirate's biggest insurer, said first-quarter profit jumped 83 percent.
Net income advanced to 243.6 million riyals ($67 million), or 5.74 riyals a share, from 133.1 million riyals, or 3.13 ri...
DATE: Apr 21, 2008
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Bermuda-based Max Capital Group Ltd. expects its returns on alternative investments to be negative 2.11 percent, the company stated on Friday.
Alternative investments, make up around 20 percent of the insurer and reinsurer's total invested assets of ...
DATE: Apr 21, 2008
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AUTHOR:
Jonathan Kent
new york (Bloomberg) — Options traders who predicted Google Inc. would beat estimates earned as much as 17,530 percent on their investments today, the most-profitable bet among all US equity derivatives.
Contracts giving the right to buy Google share...
DATE: Apr 21, 2008
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Bermuda-based Covidien Ltd. has completed the previously announced sale of its Retail Products business to an affiliate of First Quality Enterprises, Inc. for $330 million in cash.
The sale of Retail Products is part of Covidien's strategy to focus ...
DATE: Apr 21, 2008
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NEW YORK (Bloomberg) — Bermuda-based MF Global Ltd., the world's largest broker of exchange-traded derivatives, rose 25 percent in New York trading on Friday, the most in a month, after saying it would tighten risk controls following a $141.5 million...
DATE: Apr 21, 2008
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NEW YORK (Reuters) - Investors will have seen enough corporate results by the end of this week to determine if the recent string of encouraging earnings was an anomaly or a real sign stocks can weather the credit crisis and economic slowdown.
If the ...
DATE: Apr 21, 2008
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TORONTO (Reuters) - With first-quarter earnings season set to kick off in earnest, market watchers are expecting a relatively sturdy performance from Canadian companies and say it will be another three to six months before the weak US economy truly h...
DATE: Apr 21, 2008
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Bermuda-based workers' compensation insurance specialist CRM Holdings Ltd. has moved to address concerns related to a threat to its third-party administrative licence in New York.
The company's US subsidiary Compensation Risk Managers is facing an ac...
DATE: Apr 21, 2008
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