76472 results returned for search: "" category "Business"
LONDON (Bloomberg) — CIT Group, an investment company, is set to purchase 28 Thistle Hotels for about 400 million pounds ($792 million), The Times reported on Saturday, citing trade journal Estates Gazette.The properties are jointly owned by Thistle,...
DATE: Dec 05, 2006
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NEW YORK (Bloomberg) — JetBlue Airways Corp., slowing expansion plans for the second time this year, delayed delivery of 32 Embraer 190 jets it had been scheduled to receive over the next four years.The move will cut JetBlue's 2007 growth to 14 perce...
DATE: Dec 05, 2006
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NEW YORK (Reuters) — US stocks rose yesterday as corporate takeovers and lower oil prices boosted optimism about the outlook for corporate profits, overshadowing a slide in Pfizer Inc.’s shares.The drop in oil prices spurred demand for industrial sto...
DATE: Dec 05, 2006
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MELBOURNE, Australia (AP) — Insurance Australia Group Ltd. yesterday said it bought British motor underwriter and broker Equity Insurance Group for about $1.13 billion.“Equity is an ideal fit with our acquisition criteria in stable yet profitable mar...
DATE: Dec 05, 2006
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Heading-off potential trouble for Bermuda’s booming international business sector is the mission of Finance Minister Paula Cox as she meets a second powerful US congressmen in as many days today.
And Bermuda appears to have a strong chance of maintai...
DATE: Dec 05, 2006
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AUTHOR:
Scott Neil
The Royal Gazette/Bermuda Stock Exchange Index had a moribund yesterday, with no shares changing hands.
The Index was unchanged at 4,833.86.
DATE: Dec 05, 2006
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Bermuda-based catastrophe reinsurer IPC Holdings Ltd. has had its A financial strength rating affirmed by ratings agency AM Best.
The rating applies to IPC's Bermudian and Irish reinsurance subsidiaries and to its debt ratings and preferred stock. Th...
DATE: Dec 05, 2006
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NEW YORK (Reuters) ? Jefferies Group Inc. agreed to pay about $9.7 million to settle charges that it lavished $2 million worth of gifts, travel and other entertainment ? including a private plane to Bermuda ? to get trading business from mutual fund ...
DATE: Dec 05, 2006
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NEW YORK (Reuters) — Bank of New York Co. said yesterday it will buy Mellon Financial Corp. for $16.5 billion, combining two storied names in American finance to create a powerhouse in asset management and custody services for institutional investors...
DATE: Dec 05, 2006
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NEW YORK (Reuters) — Jefferies Group Inc. agreed to pay about $9.7 million to settle charges that it lavished $2 million worth of gifts, travel and other entertainment — including a private plane to Bermuda — to get trading business from mutual fund ...
DATE: Dec 05, 2006
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