76441 results returned for search: "" category "Business"
More than 11 major wildfires are burning, mostly unchecked, with hundreds of thousands of residents in the San Diego and Los Angeles areas forced to evacuate as high winds fan the flames.
"Over 900 properties have been destroyed and thousands of othe...
DATE: Oct 24, 2007
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Chubb Corporation has improved its third quarter profits by $134 million to $738 million and has revised its operating income per share expectation for the year between $6.05 - $6.15.
While the company is keeping its eye on the California wildfire ev...
DATE: Oct 24, 2007
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AUTHOR:
Scott Neil
MUNICH (Bloomberg) — European property and casualty reinsurance rates may drop by about five percent to 10 percent when contracts come up for renewal in January, Standard & Poor's said.
"We expect this range of a decline at the current early point in...
DATE: Oct 24, 2007
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TORONTO (Bloomberg) — HSBC Financial Corporation, a unit of HSBC Holdings that offers mortgages and consumer loans, will close 30 of its 140 Canadian branches, affecting about 300 workers.
HSBC Financial will shut the offices by October 31 as the com...
DATE: Oct 24, 2007
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:Platinum Underwriter Holdings has achieved an eight percent increase in its third quarter profits by eight percent, year-on-year, to $91.3 million. ---- That amounts to an income per common share of $1.37 up nine cents. Net premiums earned fell 14.5...
DATE: Oct 24, 2007
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AUTHOR:
Scott Neil
PartnerRe put their record third quarter results - an expectation-beating $27.1 million increase - down to having a strong business book, superior underwriting and a bit of good luck.
Speaking at their conference call Patrick Thiele, president and CE...
DATE: Oct 24, 2007
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NEW YORK (Reuters) - Cooper Industries, which makes electrical products and tools, reported a higher quarterly profit yesterday, citing international demand and a boost from recent acquisitions.
Net earnings rose 34 percent to $171.9 million, or 93 c...
DATE: Oct 24, 2007
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JetBlue Airways shares rose more than five percent after the low-cost carrier reported its first third-quarter profit in two years as it added planes and packed them fuller with passengers.
But the carrier also said it will pull out of two cities and...
DATE: Oct 24, 2007
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Bermuda insurance giant XL Capital's profits fell by more than $50 million due mainly to losses on investments during a tough third quarter period.
XL reported net income of $371.6 million for the quarter compared to $425.9 million for the same perio...
DATE: Oct 24, 2007
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The Royal Gazette/Bermuda Stock Exchange Index (BSX) advanced 7.96 points (0.16 percent) to close at 5,093.88 yesterday.
A total of 1,600 shares worth $30,440 were traded throughout the day.
BF&M Ltd. were the only company to see any change as their ...
DATE: Oct 23, 2007
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