76472 results returned for search: "" category "Business"
Ace promotes Samers
Audrey M. Samers has been named global ethics & compliance officer for the Ace Group of Companies.
A statement said Ms Samers will be responsible for providing ethics and business practices guidance, educating the ACE organisation...
DATE: Dec 15, 2006
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RenaissanceRe Holdings Ltd. has launched a public offering to sell a new series of preference shares. The net proceeds from the offering will be used to redeem all of its outstanding 8.1 percent Series A Preference Shares as soon as practicable follo...
DATE: Dec 15, 2006
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VIENNA (Reuters) — Austria’s fourth-largest bank Bawag P.S.K. is being sold to a group of investors led by US buyout fund Cerberus Capital Management , the head of trade union OeGB, which owns Bawag, said yesterday.OeGB President Rudolf Hundstorfer d...
DATE: Dec 15, 2006
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The Royal Gazette/Bermuda Stock Exchange index retreated yesterday as drops in three companies offset a rise in Butterfield Bank's share price.
The Index closed down 17.29 points at 4,916.98 on continued light volume of 3,957 shares worth $82,573.50....
DATE: Dec 15, 2006
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BERLIN (Bloomberg) — Thomas Cook AG’s Condor airline said some flights leaving German airports yesterday morning were delayed because workers of its Berlin unit went on strike.Flights from Frankfurt and Munich to Palma de Majorca, Spain, were delayed...
DATE: Dec 15, 2006
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NEW YORK (Bloomberg) — When L. Dennis Kozlowski, the former chief executive officer of Tyco International Inc., sold his yacht, the Endeavour, to pay restitution, the new owner was somewhat of a mystery.The historic boat, a 1934 America’s Cup entry, ...
DATE: Dec 15, 2006
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TORONTO (Bloomberg) — Canada’s Standard & Poor’s/TSX Composite Index broke through 13,000 for the first time, as a rally in oil prices lifted energy companies including Suncor Energy Inc.Raw-materials producers advanced on speculation record metals p...
DATE: Dec 15, 2006
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A.M. Best Co. on Wednesday assigned a debt rating of ?bbb? to the $350 million of non-cumulative perpetual preferred securities issued by XL Capital sidecar Stoneheath Re, a Cayman Islands exempted company. The rating outlook is stable.
The issuer is...
DATE: Dec 15, 2006
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NEW YORK (Bloomberg) ? Lone Star Steakhouse & Saloon Inc., operator of more than 260 restaurants, said shareholders approved a $600 million buyout by a private-equity firm.
The bid of $27.35 a share from Lone Star Funds LP was accepted by stockholder...
DATE: Dec 15, 2006
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ZURICH (Bloomberg) — Swiss Reinsurance Co., the world's largest reinsurer, said it completed the acquisition of the U.K. life insurance unit of General Electric Co. for $465 million ($913 million).The transaction was first announced by Swiss Re on Oc...
DATE: Dec 15, 2006
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