76472 results returned for search: "" category "Business"
DENVER (AP) — Jury deliberations began yesterday in Joe Nacchio’s insider trading trial following three weeks of testimony about what the one-time head of Qwest Communications may have known — and intended — when he sold $101 million worth of stock s...
DATE: Apr 13, 2007
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NEW YORK (Bloomberg) — Scott L. Barbee, manager of the Aegis Value Fund, made the worst investment decision of his career and the fund still ranked as the best performer in its category during the past year.
Barbee held shares of Sea Containers Ltd.,...
DATE: Apr 13, 2007
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LONDON (Bloomberg) — EMI Group, the world’s third-largest music label, settled a royalties dispute with the Beatles’ Apple Corps Limited, in an agreement analysts said may lead to the band’s catalogue becoming available online.“We settled last month ...
DATE: Apr 13, 2007
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GENEVA (AP) — The famous Gerber Baby will change parents, with Nestle SA announcing yesterday that it will buy Gerber Products Co. for $5.5 billion, giving the world’s biggest food and drink company the largest share of the global baby food market.Th...
DATE: Apr 13, 2007
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NEW YORK (AP) — Wall Street closed out a bumpy week with a moderate gain yesterday as investors, heartened by new inflation data, bought optimistically ahead of next week’s rush of earnings releases. The Dow Jones industrials had their 10th advance i...
DATE: Apr 13, 2007
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The Royal Gazette / Bermuda Stock Exchange remained frozen at 5,123.78 points despite trading of shares worth$421,230.
None of the stocks on the Exchange moved, although 5,900 shares of Butterfield Bank changed hands at $59.25 each.
Also active were ...
DATE: Apr 13, 2007
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The next Bermuda Monetary Authority chief executive officer Matthew Elderfield was amongst invited guests at the official opening of the Authority’s new premises in Victoria Street.
He will assume his position on July 16, taking over from Cheryl-Ann ...
DATE: Apr 13, 2007
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AUTHOR:
Scott Neil
FOR the better part of 20 years, economists have been warning that the widening US current-account deficit is unsustainable.A significant reduction of imbalances — the US deficit and correspondingly large Japanese, Chinese and German surpluses — woul...
DATE: Apr 13, 2007
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It has been a fixture of the Front Street scene for as long as most people care to remember, but the Harbourfront Restaurant will soon be relocated a mile away at the Bermuda Underwater Exploration Institute.
Plans are in the works to demolish part o...
DATE: Apr 13, 2007
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AUTHOR:
Scott Neil
Bermuda-based Seadrill has secured a $66-million contract to drill six oil wells in Vietnam.
The company announced yesterday it had a letter of award with Vietsovpetro for the assignment with the jack-up drilling rig West Larissa.
The assignment has ...
DATE: Apr 13, 2007
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