76418 results returned for search: "" category "Business"
NEW YORK (AP) - A jittery Wall Street advanced yesterday, reversing some of Friday's sharp losses as investors took a dismal new home sales report as a sign the Federal Reserve will lower rates this week.
The Dow Jones industrial average rose more th...
DATE: Jan 29, 2008
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Bermuda reinsurer PartnerRe yesterday announced it would raise its annual dividend for the 15th year in succession since the company's inception in 1993.
The dividend will rise by seven percent to $1.84 per common share, from $1.72 per common share, ...
DATE: Jan 29, 2008
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The banking sector was a hive of activity on the Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
LOM (Holdings) Ltd. boosted its share price by 50 cents (0.14 percent), to close up at $4, with 5,000 shares traded, while Bermuda Commercial...
DATE: Jan 29, 2008
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A Bermuda delegation attended the biggest hedge fund conference in the US last week to promote understanding of the Island's business environment.
More than 900 delegates attended GAIM USA 2008 in Boca Raton, Florida, including Bermuda International ...
DATE: Jan 29, 2008
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NEW YORK (Bloomberg) - Marvell Technology Group Ltd. gained the most in 17 months after UBS AG recommended that investors buy the semi-conductor maker's shares because of rising demand for chips used in computer disk drives.
Marvell shares rose $1.07...
DATE: Jan 28, 2008
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PARIS (Bloomberg) - Jerome Kerviel, the trader accused of losing 4.9 billion euros ($7.2 billion) at Societe Generale SA through unauthorised dealing, will remain in custody for a further day as police question him.
"Kerviel's custody has been renewe...
DATE: Jan 28, 2008
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growth, with equities staying attractive propositions to investors relative to fixed income funds.
According to the IMF's latest statistics, the forecast for world growth is down from a rate of 5.2 percent in 2007 to 4.8 percent for this year, while ...
DATE: Jan 28, 2008
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The global economy is merely undergoing a "slowdown" and is not in recession.
That is the view of investment strategist and founder of Trilogy Global Advisors, William Sterling, who addressed delegates about the world investment outlook for 2008 at C...
DATE: Jan 28, 2008
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PartnerRe last week announced it expects to write and bind approximately $2 billion of non-life premium during the January 1 renewal season.
The non-life renewal does not include the resinsurance firm's non-life facultative business or its life opera...
DATE: Jan 28, 2008
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NEW YORK, Jan 25 (Reuters) - Wall Street may put the brakes on a steep decline next week, when a rate cut is anticipated from the Fed, and Friday's monthly jobs data may trigger a comeback for stocks after their January funk.
Even after this week's t...
DATE: Jan 28, 2008
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