76472 results returned for search: "" category "Business"
NEW YORK (Bloomberg) — Marsh & McLennan Cos., the world’s largest insurance broker, said annual revenue should increase an average of five percent over the next three years after stagnating since 2004.The revenue gains as well as cost-cutting measure...
DATE: Dec 08, 2006
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NEW YORK (AP) — Marsh & McLennan Companies Inc., the nation's largest brokerage, has not yet decided whether to sell or spin off — or keep — its troubled Putnam Investments unit, senior executives said yesterday.Marsh & McLennan's chief executive, Mi...
DATE: Dec 08, 2006
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LONDON (AP) — The Seminole Tribe of Florida is buying the Hard Rock business, including its massive collection of rock ‘n’ roll memorabilia, in a US$965 million (euro725 million) deal with Rank Group PLC, the tribe announced yesterday.The Hard Rock b...
DATE: Dec 08, 2006
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TORONTO (Reuters) — The Toronto Stock Exchange’s main index punched further into record territory yesterday, its sixth advance in seven days, as impressive profits at Canadian Imperial Bank of Commerce boosted the heavyweight financial sector.The S&P...
DATE: Dec 08, 2006
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Axis Capital Holdings Ltd. celebrated its fifth anniversary in business yesterday by holding a ribbon-cutting at Axis House, its new headquarters in the Waterfront on Pitts Bay Road.
Finance Minister Paula Cox cut the ribbon for the new 35,000 square...
DATE: Dec 08, 2006
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BRUSSELS (Reuters) — European ministers may demand the European Commission make fresh proposals to solve an impasse with the United States over an aviation agreement after Washington dropped a key element, EU President Finland said yesterday.The US w...
DATE: Dec 08, 2006
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Bermuda-based Ace Ltd., a property casualty insurer that sustained a big share of claims in recent hurricane seasons, said late on Wednesday it expected full-year earnings per share of between $6.65 and $7.15.
The insurer also said it would include e...
DATE: Dec 08, 2006
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CHICAGO (AP) — Fitch Ratings has revised its Rating Watch on Scottish Re Group Ltd., a Bermuda-based reinsurance company, to “evolving” from “negative”.The ratings agency said the change follows Scottish Re amending its bank agreement, which allows t...
DATE: Dec 08, 2006
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KeyTech Ltd.'s net income rose 8.3 percent or $526,165 to $6.83 million in the first half of its financial year as revenue grew in its rebranded M3 cellular service and in Bermuda Yellow Pages.
KeyTech, the Island's leading telecommunication provider...
DATE: Dec 08, 2006
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Axis Capital Holdings Limited yesterday announced that its board of directors had approved a ten percent increase in the quarterly common dividend and has authorised renewal of the Company's share repurchase plan.
The quarterly common dividend will i...
DATE: Dec 08, 2006
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