76470 results returned for search: "" category "Business"
SAN FRANCISCO (Bloomberg) — Bermuda-based Marvell Technology Group Ltd. may restate results by as much as $350 million to account for stock-options costs, and removed several executives after a review found they backdated grants.Chief executive offic...
DATE: May 08, 2007
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XL Capital intends to hold an Investor Day in New York City on May 24. The theme of XL's Investor Day is "The Drive to Deliver Value".
Presentations will be given on XL's strategy and operations. In addition to the presentations, analysts and investo...
DATE: May 08, 2007
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WASHINGTON (Reuters) — One of two close aides to World Bank president Paul Wolfowitz resigned yesterday, saying turmoil at the bank over its current leadership has made it difficult for him to do his job.The departure of Kevin Kellems is a blow in a ...
DATE: May 08, 2007
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Max Capital Group, which changed its name from Max Re Capital yesterday, has achieved first quarter profits of $80 million, up from $75.3m year-on-year.
The value per diluted share has gone up to $1.24 from $1.19 a year ago, and the rise in profits c...
DATE: May 08, 2007
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AUTHOR:
Scott Neil
CellularOne retained its position as the the largest cellular provider in the Bermuda market in the first quarter of this year, the company's US part owner has announced.
Atlantic Tele-Network Ltd. (ATN), which owns a 43-percent stake in CellularOne'...
DATE: May 08, 2007
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TORONTO (Reuters) - The benchmark index of the Toronto Stock Exchange ended almost 50 points higher Tuesday, pulling out of an earlier dip as financials and energy issues offset weakness in materials stocks.The S&P/TSX composite index rose 49.85 poin...
DATE: May 08, 2007
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TRENTON, N.J. (AP) -- Bermuda-registered Industrial conglomerate Tyco International Ltd., moving toward its planned breakup, said today second-quarter profit slipped seven percent as separation costs and higher overhead offset revenue growth.
Tyco, w...
DATE: May 08, 2007
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A trade of 100,000 shares of LOM Holdings on the Royal Gazette / Bermuda Stock Exchange last week was a crossing transaction, a device normally conducted by a single agent both buying and selling.
The BSX has been advised that the large volume trade ...
DATE: May 08, 2007
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A fall in the value of Butterfield Bank shares was reflected in the Royal Gazette / Bermuda Stock Exchange as the index retreated 13.32 points (0.26 percent) to end at 5,141.
Butterfield Bank shares lost 25 cents (0.4 percent) to end at $59.75 after ...
DATE: May 08, 2007
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Bermuda-registered Sea Containers Ltd. is scheduled to ask the US Bankruptcy Court in Wilmington, Delaware, for authority to obtain $176.5 million in secured financing provided by three of the five members of its official unsecured creditors' committ...
DATE: May 08, 2007
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