76472 results returned for search: "" category "Business"
NEW YORK (Bloomberg) — Much of American industry spent a good part of the past decade fighting demands that it count stock options as an expense that reduces earnings.It lost that battle after the stunning collapses of Enron Corp. and other corporate...
DATE: Dec 01, 2006
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NEW YORK (Bloomberg) — New York Attorney General Eliot Spitzer, invoking terms of bid-rigging settlements reached earlier this year, yesterday told Ace Ltd. and three other insurers that they must stop paying hidden commissions to brokers of automobi...
DATE: Dec 01, 2006
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NEW YORK (Bloomberg) — Lazard Ltd. and a group of its current and former managing directors raised $590 million by selling 13 million shares, more than originally planned, to help pay off debt and fund expansion.The investment bank run by Bruce Wasse...
DATE: Dec 01, 2006
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LONDON (Reuters) — UK insurers must improve their risk management, working harder to define and understand their strategy beyond procedure manuals, the Financial Services Authority said yesterday.The regulator, in an insurance sector briefing, said p...
DATE: Dec 01, 2006
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OSLO (Dow Jones) — Bermuda-based drilling firm SeaDrill ASA’s (SDRL.OS) shareholders will vote today on the company’s proposed NOK40 billion ($6.5 billion) share issuance — a move analysts said likely will lead to an acquisition by the company. The O...
DATE: Dec 01, 2006
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Lloyd's of London insurer Amlin this week predicted full-year earnings were on track to come in much higher than forecasts after the benign 2005 hurricane season.
The London-listed insurer, which opened up a new operation in Bermuda earlier this year...
DATE: Dec 01, 2006
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The Argus Group turned in record six month earnings of $17.3 million yesterday ? a $4.2 million or 32 percent increase over the same period in 2005.
The profit increase for the six months to the end of September, 2006 came as revenues jumped by $5.5 ...
DATE: Dec 01, 2006
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Howe Enterprising is to close its retail outlet on Reid Street in January.
Owner Ruth Kempe said the closure of the shop, located in the LOM Building, would enable her to focus on her interior design business both in Bermuda and in London.
Howe Enter...
DATE: Dec 01, 2006
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NEW YORK (Reuters Health) - People who can't control their gambling may have higher odds of physical health problems as well, a new study shows.
Researchers found that among more than 43,000 Americans in a national survey, problem gamblers had elevat...
DATE: Dec 01, 2006
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NEW YORK (Reuters) — The top federal prosecutor in northern California said yesterday that the work of a US task force probing stock options backdating at companies in his area could go on for “perhaps years to come”.Kevin Ryan, the US attorney for t...
DATE: Dec 01, 2006
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