76472 results returned for search: "" category "Business"
HOUSTON (Bloomberg) — Bermuda-incorporated Cooper Industries Ltd., the maker of Crescent wrenches and Halo lighting, said it will split its shares two-for-one and raise its dividend.The record date of the stock split is February 28 and the distributi...
DATE: Feb 15, 2007
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LONDON (Bloomberg) — Bermuda-incorporated Nordic American Tanker Shipping Ltd., which operates carriers able to haul one million-barrel consignments of oil, said fourth quarter profit fell 45 percent as ship-hire rates declined.Net income fell to $13...
DATE: Feb 15, 2007
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Setting-up a Bermuda subsidiary in the 1990s to cut its tax bill by $1.5 billion has ended up costing global pharmaceutical company Merck & Co much more after US tax authorities probed and exposed the offshore tax loop-hole.
The company has agreed to...
DATE: Feb 15, 2007
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AUTHOR:
Scott Neil
A $10 jump in the value of shares in former Bermuda Bakery operator West Hamilton Limited lead the way as the Royal Gazette / Bermuda Stock Exchange continued to rise this week, reaching 5,092 points at the end of the day.
West Hamilton owns and mana...
DATE: Feb 15, 2007
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Favourable pricing and no further developments hitting its 2004 and 2005 hurricane reserves has given a good year ending for Montpelier Re Holdings.
The company released its fourth quarter and full year results yesterday. The fourth quarter net incom...
DATE: Feb 15, 2007
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Favourable pricing and no further developments hitting its 2004 and 2005 hurricane reserves has given a good year ending for Montpelier Re Holdings.
The company released its fourth quarter and full year results yesterday. The fourth quarter net incom...
DATE: Feb 15, 2007
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Irish billionaire Denis O’Brien is to spend almost $1.4 billion buying out minority shareholders in his Caribbean telecoms group Digicel in a private placement of senior notes.
In a statement yesterday, Bermuda-based Digicel Group Ltd, which was form...
DATE: Feb 15, 2007
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NEW YORK (AP) — Wall Street stocks surged, pushing up the Dow Jones industrials by more than 100 points as a report that two companies are trying to buy Alcoa stoked investors’ hopes for a pickup in take-over activity.Australia-based mining companies...
DATE: Feb 14, 2007
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NEW YORK (AP) — Marsh & McLennan Companies Inc., the largest US insurance brokerage, yesterday reported a six-fold increase in profit for the fourth quarter on strong revenue growth in its insurance, risk and consulting businesses.The New York-based ...
DATE: Feb 14, 2007
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Today is St. Valentine’s Day and with increasing calls to liberate online music it is appropriate to haul out the phrase from Shakespeare’s Twelfth Night: “If music be the food of love, play on; Give me excess of it, that, surfeiting, The appetite ma...
DATE: Feb 14, 2007
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