76441 results returned for search: "" category "Business"
Butterfield Bank bought 219,775 shares at an average price of $19.76 during October, the bank has informed the Bermuda Stock Exchange. The shares are to be held in treasury.
There were no shares bought back and cancelled during October.
DATE: Nov 02, 2007
|
CATEGORY:
Other
|
Having nudged up its third quarter profit by just over $3 million to $131.4 million, Endurance Specialty Holdings is anticipating good things for the remainder of 2007 and 2008 in light of its impending acquisition of US crop insurance business ARMte...
DATE: Nov 02, 2007
|
CATEGORY:
Other
|
AUTHOR:
Scott Neil
Selling the company's private plane for $18 million helped W. P. Stewart & Co's bottom line during the third quarter but could not disguise a disappointing three months for the company as it continues its major "turnaround programme."
The Bermuda-hea...
DATE: Nov 02, 2007
|
CATEGORY:
Other
|
AUTHOR:
Scott Neil
Codrington Partners Limited, a leading international provider of software for electronic payment systems, has, through an announcement to the Bermuda Stock Exchange, announced the appointment of Darren Rennick as president.
Mr. Rennick began his empl...
DATE: Nov 01, 2007
|
CATEGORY:
Other
|
AUTHOR:
Scott Neil
NEW YORK (AP) — Wall Street bounded higher after the Federal Reserve assuaged some of investors' fears about a sinking economy, stating that risks to the financial markets from the summer's credit crises have eased. The Dow Jones industrial average g...
DATE: Nov 01, 2007
|
CATEGORY:
Other
|
Validus-owned Talbot Underwriting has opened operations in Singapore, representing the first presence in the Asia region for $1 billion Bermuda-based Validus.
Talbot Asia is being headed by Jeremy Austen as its chief executive officer designate.
It w...
DATE: Nov 01, 2007
|
CATEGORY:
Other
|
AUTHOR:
Scott Neil
TORONTO (Reuters) - The Toronto Stock Exchange's main index surged to within a hair of its record high close in an across-the-board rally sparked by the Canadian government's promise to cut taxes and an interest rate cut by the US Federal Reserve.
Re...
DATE: Nov 01, 2007
|
CATEGORY:
Other
|
WASHINGTON (Bloomberg) — Ingersoll-Rand, the maker of Thermo-King refrigerated trucks, will pay $6.7 million to settle US claims it paid kickbacks to secure contracts from Saddam Hussein's regime in Iraq.
Subsidiaries in Germany, Italy, Ireland and B...
DATE: Nov 01, 2007
|
CATEGORY:
Other
|
NEW YORK (Bloomberg) — Lazard, the investment bank led by Bruce Wasserstein, said third-quarter earnings more than doubled to a record, beating most analysts' estimates, on higher fees for mergers and acquisitions advice and money management.
Profit ...
DATE: Nov 01, 2007
|
CATEGORY:
Other
|
Bermudians are buying back their share of the upper end of the Island's property market - that is according to Buddy Rego, of Rego Sotherby International Realty.
Of the 48 houses in the top end of the market sold over the past four years, 34 have bee...
DATE: Nov 01, 2007
|
CATEGORY:
Other
|