76472 results returned for search: "" category "Business"
NEW YORK (Bloomberg) — Securities-industry employees in New York City will receive $23.9 billion in bonuses this year, surpassing last year’s record by 17 percent, New York State Comptroller Alan Hevesi forecast.Bonuses will average $137,580 this yea...
DATE: Dec 20, 2006
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TORONTO (Bloomberg) — Canadian stocks slipped for a third straight day as a report showing US producer prices rose last month by the most since 1974 damped optimism that the Federal Reserve would reduce interest rates.Financial shares including Bank ...
DATE: Dec 20, 2006
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The Royal Gazette/Bermuda Stock Exchange Index closed unchanged yesterday three issues traded without changing price.
KeyTech Ltd. saw the heaviest activity as 5,600 shares changed hands for $15.50 while Butterfield Bank closed at $56.25 on volume of...
DATE: Dec 20, 2006
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Bermuda-based insurer Catlin Group has won agreement for its takeover of Lloyd’s of London underwriter Wellington Plc from 85 percent of Wellington shareholders, meaning the purchase is now “unconditional”.
In a statement on Monday, Catlin also said ...
DATE: Dec 20, 2006
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Bermuda reinsurance company Montpelier Reinsurance Ltd. has received a revised ratings and outlook boost from A.M. Best just days after Fitch upgraded its insurer financial strength (IFS) rating to BBB+.
Following a review of Montpelier, which was ha...
DATE: Dec 19, 2006
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Bermuda-based Atlantic Marine LP (Bermuda & India) and Dorchester Maritime Limited (Isle of Man, Poland, Australia & Sierra Leone), both members of the Schulte Group, have agreed to form a new strategic partnership combining ship management, human re...
DATE: Dec 19, 2006
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NEW YORK (AP) — This coming week could mark the beginning of a brave new world for individual investors as the New York Stock Exchange and Euronext NV move closer to forming the first trans-Atlantic stock market.Shareholders in both companies vote on...
DATE: Dec 19, 2006
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Cheryl-Ann Lister, who recently announced she would be stepping down as chairman and chief executive officer of the Bermuda Monetary Authority, will remain at the post as CEO until the board completes its search for a new CEO, the BMA announced last ...
DATE: Dec 19, 2006
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NEW YORK (AP) — Wall Street fell for the first time in four sessions yesterday as concerns about the technology and energy sectors overshadowed some $81 billion in takeover activity.Stocks spent most of the day in positive territory as investment ban...
DATE: Dec 19, 2006
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A top official from the administration of former US president Bill Clinton has been hired as an advisor by the Finance Ministry, as Government yesterday declared its intention to stand up in defence of the Island’s international business sector.
Rodn...
DATE: Dec 19, 2006
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AUTHOR:
Jonathan Kent
