76472 results returned for search: "" category "Business"
LONDON (Bloomberg) — Aviva Plc, Britain’s largest insurer, received regulatory approval for its $3.1 billion acquisition of AmerUs Group Co., as it seeks to harness sales growth in the world’s biggest retirement market.The value of the takeover is $2...
DATE: Nov 16, 2006
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Catlin Group Ltd. will receive catastrophe protection as a result of a $200.2 million multiperil catastrophe bond that is the industry’s first publicly rated, collateralised debt obligation of natural catastrophe risk, according to New York-based rei...
DATE: Nov 15, 2006
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NEW YORK (AP) — All across America, families are making their to-do lists for Thanksgiving shopping. Turkey? Check. Fixins’? Check. Sweet potato pie? Check. Flat-screen TV?Eh?
With price cutting from Wal-Mart likely to spread among other retailers, i...
DATE: Nov 15, 2006
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Bermuda Commercial Bank said yesterday it expects to announce a merger or sale of the bank within the next two months.
BCB, which has been drawn into controversy after it was revealed that 47 percent shareholder First Curacao International Bank was b...
DATE: Nov 15, 2006
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MARCY, New York (Bloomberg) — L. Dennis Kozlowski, the former chief executive officer of Tyco International Ltd., says he doesn’t mind that his $13 million yacht, $10 million mansion and $5 million Monet were sold to help pay court-ordered fines and ...
DATE: Nov 15, 2006
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The Royal Gazette/Bermuda Stock Exchange Index edged up yesterday as insuer BF&M jumped on a day of light trading.
The index closed up 6.65 points to 4,832.65 as 12,976 shares worth $261,618.50 traded.
BF&M was the only mover on the day, rising 50 ce...
DATE: Nov 15, 2006
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NEW YORK (Bloomberg) —Federal prosecutors in New York yesterday added a new charge to a pending criminal indictment against former Refco Inc. chief executive officer Phillip Bennett, accusing him of lying to the company’s auditors.Bennett already fac...
DATE: Nov 15, 2006
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TORONTO (Bloomberg) — Canadian stocks fell for a third day, the longest losing streak in seven weeks, as commodity producers including Teck Cominco Ltd. and Goldcorp Inc. declined with prices of most industrial metals and bullion.
Income funds such a...
DATE: Nov 15, 2006
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CAMBRIDGE, Massachusetts (AP) — He might be the most active philanthropist you’ve never heard of: a retired technology entrepreneur putting his stamp on science research centres at the world’s top universities and sponsoring what he hopes will be 21s...
DATE: Nov 15, 2006
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NEW YORK (Reuters) — The former head of sales at CA Inc. was sentenced to seven years in prison yesterday for participating in a $2.2 billion accounting scandal at the software company.Stephen Richards, 41, pleaded guilty to conspiracy, securities fr...
DATE: Nov 15, 2006
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