76425 results returned for search: "" category "Business"
TALLAHASSEE, Florida (BestWire) — The State of Florida is considering a class-action lawsuit against property/casualty insurers for allegedly failing to pass on savings to consumers as required under a state law implemented in early 2007.
Governor Ch...
DATE: Dec 24, 2007
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NEW YORK (Bloomberg) — The yen fell to a six-week low against the dollar and declined versus the euro as concern eased that credit-market losses will deepen, boosting demand for higher-yielding assets funded by loans in Japan.
Japan's yen dropped las...
DATE: Dec 24, 2007
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NEW YORK (Bloomberg) — Marsh & McLennan Companies, the world's largest insurance broker, has ousted chief executive officer Michael Cherkasky after the stock trailed competitors for three years, and directors signaled they may break up the company.
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DATE: Dec 24, 2007
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There was a modest rise of 10.39 points (0.21 percent) by the Royal Gazette / Bermuda Stock Exchange last week, which left the Index at 4,975.51.
The best improvement was recorded by Belco shares, which added $1 (4.76 percent) in value as a result of...
DATE: Dec 24, 2007
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Bermuda-registered Knightsbridge Tankers has agreed to sell its 1995-built double hull VLCC tanker Chelsea for the net sale proceeds of approximately $99 million.
Delivery to buyers is expected to take place in January.
The sale will generate approxi...
DATE: Dec 24, 2007
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CONCORD, New Hampshire (AP) — Lawyers who won a class action suit against Tyco International and PricewaterhouseCoopers will earn almost half a billion dollars.
Their portion of the $3.2 billion settlement, the third-largest securities class action r...
DATE: Dec 24, 2007
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A new year and a new company structure - that's the intention of Argo Group International Holdings, the company that took shape in Bermuda earlier this year with the merging of Argonaut Group and the remnants of PXRE.
Argo Group took over the former ...
DATE: Dec 24, 2007
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AUTHOR:
Scott Neil
Bacardi's executive vice president Ralph Morera is to double-up as chief financial officer as of January 1 following the announced resignation of current CFO Graham Hetherington, who has decided to leave the company "to pursue other opportunities."
M...
DATE: Dec 24, 2007
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AUTHOR:
Scott Neil
With the advent of the new technology age, getting the right infrastructure in place to support your office's computer and phone network is even more important than ever.
And that is where SwitchWorx, which specialises in voice and data connections, ...
DATE: Dec 24, 2007
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NEW YORK (Reuters) - Investors have only a sprinkling of economic data on their plates in the last full week of 2007, but if the numbers come through as expected, stocks may extend Friday's early Santa Claus rally.
One caveat: Light volume in the hol...
DATE: Dec 24, 2007
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