76470 results returned for search: "" category "Business"
MUMBAI, India (AP) — India's UB Group, the world's third-largest maker of spirits, said yesterday it is buying Scottish distiller Whyte & Mackay Ltd. for $595 million ($1.2 billion).The all-cash acquisition will help expand the market for Whyte and M...
DATE: May 17, 2007
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NEW YORK (AP) — Wall Street shot higher after investors shrugged off a mixed reading on the housing sector and focused on the positives: a jump in industrial output, a retreat in crude oil prices and new cash pouring into the stock market. The Dow Jo...
DATE: May 17, 2007
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LONDON (Reuters) — British copyright laws on sound recordings must be extended beyond 50 years to prevent veteran musicians such as Cliff Richard and Paul McCartney from losing royalties in later life, a report said yesterday.The issue over copyright...
DATE: May 17, 2007
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Here are Bermuda's $100 million dollar men. Eighteen of the highest ranking officers within the Island's insurance and reinsurance market who received salaries, bonuses, perks and other compensation in 2006 collectively worth a staggering $108m.
Top ...
DATE: May 17, 2007
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AUTHOR:
Scott Neil
LONDON (Bloomberg) — Ocean Wilsons Holdings Ltd, a Bermuda-based investment and shipping-services company, said first-quarter profit at its Brazilian marine unit rose 42 percent after it cut costs and increased exports.Net income at the unit, Wilson ...
DATE: May 17, 2007
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NEW YORK (Bloomberg) — Napster Inc., the music download pioneer, posted a wider fourth-quarter loss after selling assets in 2006 and said sales will miss analysts' estimates this period.The net loss expanded to $8.5 million, or 20 cents a share, from...
DATE: May 17, 2007
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CHARLOTTE (Bloomberg) — Bank of America Corp., the second-biggest US lender, is exploring options for its business that helps companies buy insurance and employee-benefit plans.Banc of America Corporate Insurance Agency LLC, based in Cranford, New Je...
DATE: May 17, 2007
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TORONTO (Bloomberg) — Canadian stocks rose to a record as speculation that financial companies will report higher profits in the second quarter overshadowed a decline in raw-materials producers.Telephone shares, the best performer among the Standard ...
DATE: May 17, 2007
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NEW YORK (Bloomberg) — Hewlett-Packard Co., the biggest seller of personal computers for three straight quarters, says its lead is secure as long as Dell Inc. focuses on price."To compete with Hewlett-Packard, you've going to have to compete on price...
DATE: May 17, 2007
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NEW YORK (Bloomberg) — Bermuda-based Tyco International Ltd. said AIG Global Investment Corp. withdrew its lawsuit over the company's bond tender offer. A lawyer for AIG said they plan to refile.American International Group Inc.'s investment manageme...
DATE: May 17, 2007
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