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The Royal Gazette./Bermuda Stock Exchange index closed unchanged yesterday as bidders and sellers disagreed widely on the valuations of local stocks.
The Index held at 4,837.22 on volume of 5,321 shares worth $299,463.50.
Butterfield Bank dominated t...
DATE: Dec 12, 2006
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Canadians banking their investments in Bermuda appear to be in the cross hairs of government tax collectors.
“The federal government (should) eliminate the use of tax havens in an effort to ensure that all corporations, businesses and individuals pay...
DATE: Dec 12, 2006
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LONDON (Bloomberg) — Kiln Plc, a Lloyd's of London insurer, said premium income will be strong this year and next as it increases underwriting and prices."As long as 2006 continues to be relatively benign in terms of claims experience, we are looking...
DATE: Dec 12, 2006
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c.2006 Bloomberg News
Dec. 8 (Bloomberg) -- The House of Representatives passed legislation to grant permanent trade relations with Vietnam while extending tariff reductions that benefit Haiti and Andean nations.
The action would preserve trade prefe...
DATE: Dec 11, 2006
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Readers! You give them an inch, and they take a column. Two letters this week. One from a person writing as me, the other an apology from the actual me for not making clear enough a couple of weeks ago how direct debits in Britain can be detrimental ...
DATE: Dec 11, 2006
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(Bloomberg) -- Goldman Sachs Group Inc.'s $10 billion flagship hedge fund dropped 11.6 percent this year through the end of November, extending earlier losses as its managers misjudged the direction of global stock and currency markets, according to ...
DATE: Dec 11, 2006
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NEW YORK — Wall Street will wade through a slew of fresh economic data in the coming week as it strives to determine how well the economy is holding up and whether the surge in stocks of the past few months can be sustained through the final weeks of...
DATE: Dec 11, 2006
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(Bloomberg) — Pittsburgh Mayor Luke Ravenstahl said the city will buy back tax liens from bond insurer MBIA Inc. that were used as collateral for debt securities and have been blamed for holding up redevelopment of the city’s most blighted areas.Pitt...
DATE: Dec 11, 2006
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NEW YORK — The most tenacious bargain hunters often take pride in finding the best price in town and might even sniff at less-determined shoppers who simply snap up what is put before them. But it seems some savvy investors lose their keen eye for a ...
DATE: Dec 11, 2006
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A 50 percent rise in the price of Butterfield Bank shares helped to drive the Royal Gazette/Bermuda Stock Exchange Index up 9.32 points on Friday.
The Bank closed at $56.50 on volume of 437 shares, offsetting a 50 cent drop in the share price of Argu...
DATE: Dec 11, 2006
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