76472 results returned for search: "" category "Business"
NEW YORK (Reuters) — Donald Trump’s casino company said yesterday it hired Merrill Lynchto help it weigh strategic options for financing, capital structure and other alternatives.The company, Trump Entertainment Resorts Inc., said there could be no a...
DATE: Mar 13, 2007
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NEW YORK (AP) — Wall Street's recovery from last month's plunge gained momentum Monday, with stocks rising as investors looked past widening cracks in the subprime lending sector and bought in response to another parade of acquisition deals.A warning...
DATE: Mar 13, 2007
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NEW YORK (Bloomberg) — New Century Financial Corp., the second-biggest US subprime lender, said yesterday it does not have the cash to pay creditors who are demanding their money now, increasing speculation that the company will go bankrupt.Shares of...
DATE: Mar 13, 2007
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DUBLIN (Bloomberg) — Nick Leeson, the rogue trader whose wrong-way bets on Japanese stocks ruined Britain’s oldest merchant bank, said he may go back to trading full-time with only his own money at stake.Leeson said he trades “when I get the time” an...
DATE: Mar 12, 2007
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LONDON (Reuters) — Bermuda-based insurer Catlin Group Ltd. reported better-than-expected pretax profit for 2006, due to the acquisition of rival Wellington, high prices and low hurricane claims, and delivered a confident outlook, lifting its shares.T...
DATE: Mar 12, 2007
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NEW YORK (AP) — Wall Street appears to have regained some stability after its nosedive two weeks ago, but investors aren’t ruling out more turbulence if upcoming data shows consumers are spending less in the face of rising costs.This week will bring ...
DATE: Mar 12, 2007
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Butterfield Bank capped a successful week by being the biggest climber on the Royal Gazette Bermuda Stock Exchange (BSX) over the past five days.
The Bank's share price climbed $1.50 (2.61 percent) after it announced a triple-notch ratings upgrade fr...
DATE: Mar 12, 2007
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Allied World Assurance Company moves into its sixth year with an updated logo and a move into a new office block two storeys higher than its adjacent landlord the American International Group.
From the seventh floor AWAC president Scott Carmilani can...
DATE: Mar 12, 2007
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AUTHOR:
Scott Neil
LONDON (Bloomberg) — UK economic growth slowed in the quarter through February, easing pressure on the Bank of England to raise interest rates for a fourth time since August, the National Institute for Economic and Social Research said.Gross domestic...
DATE: Mar 12, 2007
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WASHINGTON (AP) — Strong demand for corn from ethanol plants is driving up the cost of livestock and will raise prices for beef, pork and chicken, the Agriculture Department said on Friday.Meat and poultry production will fall as producers face highe...
DATE: Mar 12, 2007
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