76472 results returned for search: "" category "Business"
NEW YORK (Bloomberg) — American International Group Inc. lost about $5 million in annual premiums from Gap Inc. two years ago because Jenny Novoa was sick of AIG’s billing delays.The risk manager at the largest US clothing retailer said she’s now thi...
DATE: May 04, 2007
|
CATEGORY:
Other
|
ZURICH (Bloomberg) — UBS AG, the world’s biggest money manager, reported a third straight decline in quarterly profit and said it plans to scrap the hedge fund run by John Costas after losses in the US mortgage market.First-quarter net income fell se...
DATE: May 04, 2007
|
CATEGORY:
Other
|
The 2006 tax filing season has seen more retroactive changes by the Internal Revenue Service and Congress than we can recall in the past 30 years. Normally our tax software provider will furnish us with an updated CD about three times during the peri...
DATE: May 04, 2007
|
CATEGORY:
Other
|
NEW YORK (Bloomberg) — Refco Inc., the bankrupt futures trader, got approval to use $7.5 million in insurance proceeds to pay the defence costs of former chief executive officer Phillip R. Bennett and other former directors and officers.US Bankruptcy...
DATE: May 04, 2007
|
CATEGORY:
Other
|
SOFIA (Bloomberg) — AIG Global Investment Group yesterday agreed to acquire 65 percent in Bulgarian Telecommunications Co., the country’s largest fixed-line operator, from Icelandic billionaire Thor Bjorgolfsson for 2.11 billion lev ($1.47 billion).T...
DATE: May 04, 2007
|
CATEGORY:
Other
|
Bermuda-headquartered internet multi-currency payment solutions provider First Atlantic Commerce Ltd. (FAC) is providing payment network access and banking relationships into Asian Pacific markets.
The company's new credit card payment solution allow...
DATE: May 04, 2007
|
CATEGORY:
Other
|
LONDON (Bloomberg) — Shares of Jinhui Shipping & Transport Ltd., a Bermuda-based operator of commodity carriers, rose to a record after Genco Shipping & Trading Ltd. almost doubled its stake in the company to 10.2 percent.The shares climbed 4.9 krone...
DATE: May 04, 2007
|
CATEGORY:
Other
|
MIAMI (AP) — Royal Caribbean Cruises Ltd., the world’s second-largest cruise line, said yesterday its first-quarter profit sank 92 percent from the year-ago period, mainly because of higher cruise operating expenses and its acquisition of Spanish cru...
DATE: May 04, 2007
|
CATEGORY:
Other
|
American Safety Insurance Holdings has improved its profitability by 73 percent year-on-year with first quarter net earnings of $7.09 million.
That compares to a $4.12 million profit for the same period in 2006. The company's combined ratio has also ...
DATE: May 03, 2007
|
CATEGORY:
Other
|
AUTHOR:
Scott Neil
Willis Capital Markets has acted as co-lead manager of an offering of $100 million of notes linked to the occurrence of earthquakes in California.
The notes, which have been issued by Ajax Re Ltd. as part of a $1 billion shelf program, provide reinsu...
DATE: May 03, 2007
|
CATEGORY:
Other
|
