76472 results returned for search: "" category "Business"
The Royal Gazette/Bermuda Stock Exchange fell 0.39 percent yesterday as two banks lost value.
Bermuda Commercial Bank (BCB) fell 75 cents to close at $8.50 ? a drop of 8.1 percent in the share price ? as 300 shares traded. Meanwhile Butterfield Bank ...
DATE: Dec 29, 2006
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NEW YORK (Bloomberg) ? Insurers sued for refusing to pay claims for homes damaged by floods after Hurricane Katrina may be in settlement talks with Mississippi Attorney General Jim Hood.
Hood sued State Farm Mutual Automobile Insurance Co., the large...
DATE: Dec 29, 2006
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Bermuda-based CRM Holdings Inc. (CRMH) yesterday announced that co-chief executive officer Martin D. Rakoff has resigned to pursue other interests.
The workers? compensation risk management company said the other co-CEO, Daniel G. Hickey Jr., will be...
DATE: Dec 29, 2006
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HSBC Bank of Bermuda's internet banking services were back to normal yesterday after being inaccessible to some customers for much of Wednesday — all because of an earthquake off the southern tip of Taiwan.
The 7.1-magnitude quake damaged underwater ...
DATE: Dec 29, 2006
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AUTHOR:
Jonathan Kent
NEW YORK (AP) — Wall Street surged higher yesterday, hurtling the Dow Jones industrials past 12,500 for the first time as year-end bargain hunters picked up stocks across a variety of sectors.The auto industry was in focus after a meeting between exe...
DATE: Dec 28, 2006
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Bermuda has the third-highest gross domestic product (GDP) per capita of the 113 countries given ratings by renowned analysts Standard & Poor?s (S&P).
And the S&P report on the Island, a copy of which was obtained by The Royal Gazette, showed the lev...
DATE: Dec 28, 2006
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AUTHOR:
Jonathan Kent
WILMINGTON (Bloomberg) — Citigroup Inc., JPMorgan Chase & Co. and other defendants agreed to pay Ohio’s state pension funds $4.5 million to settle any liability related to the fraud that destroyed Enron Corp.The funds asked a judge to dismiss their c...
DATE: Dec 28, 2006
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Bermuda-based Nabors Industries Ltd., one of the world’s major drillers of oil and natural gas, said yesterday it would conduct a further review of its stock-options practices after a news report raised questions about grants to chief executive offic...
DATE: Dec 28, 2006
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AUTHOR:
Jonathan Kent
Bermuda has the third-highest gross domestic product (GDP) per capita of the 113 countries given ratings by renowned analysts Standard & Poor’s (S&P).
And the S&P report on the Island, a copy of which was obtained by The Royal Gazette, showed the lev...
DATE: Dec 28, 2006
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The Royal Gazette / Bermuda Stock Exchange inched slightly upwards yesterday in very quiet post-Christmas trading.
On a day when only two issues traded, the main activity surrounded Butterfield Bank, which closed unchanged at $56.50 after 1,530 of it...
DATE: Dec 28, 2006
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