76472 results returned for search: "" category "Business"
WASHINGTON (Bloomberg) —- Representative Charles Rangel’s tenure as chairman of the House Ways and Means Committee will be shaped by the legacies of two predecessors: Illinois Democrat Dan Rostenkowski and retiring California Republican Bill Thomas.R...
DATE: Nov 10, 2006
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ATHENS (Bloomberg) ? Bermuda-based Tsakos Energy Navigation announced a doubling of third-quarter profit and said full-year earnings will rise to a record after the company expanded its oil-tanker fleet and increased charges to customers.
Net income ...
DATE: Nov 10, 2006
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LONDON (Bloomberg) — UK insurer Standard Life Plc said third-quarter sales rose 41 percent, driven by pensions in its home market. The shares fell after the company said it will review provisions for pension-policy cancellations.New business rose to ...
DATE: Nov 09, 2006
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LONDON (Bloomberg) ? Cable & Wireless Plc, the UK's second-biggest phone company, said fiscal first-half profit fell 65 percent on costs to cut jobs. The stock rose as much as 5.6 percent as earnings beat analysts' estimates.
Net income for the six m...
DATE: Nov 09, 2006
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PXRE Group Ltd. yesterday said its net income before paying convertible preferred share dividends was $4.5 million in the third quarter of 2006 compared to a net loss of $317.3 million in the same period in 2005.
PXRE, which ran into financial diffic...
DATE: Nov 09, 2006
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MUNICH (Bloomberg) — Munich Re shares were downgraded by JPMorgan Chase & Co., Merck Finck & Co. and Norddeutsche Landesbank Girozentrale, citing concern over future growth.The world’s second-largest reinsurer yesterday raised its full-year profit fo...
DATE: Nov 09, 2006
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LONDON (Bloomberg) — Cable & Wireless Plc, the UK's second-biggest phone company, said fiscal first-half profit fell 65 percent on costs to cut jobs. The stock rose as much as 5.6 percent as earnings beat analysts' estimates.Net income for the six mo...
DATE: Nov 09, 2006
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OneBeacon Insurance Group Ltd. could raise $600 million when its shares are floated on the New York Stock Exchange today.
Bermuda-based White Mountains Insurance Group, Ltd. said last night it had priced the 24 million shares its subsidiary is offeri...
DATE: Nov 09, 2006
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LONDON (AP) — A judge yesterday dismissed a class-action lawsuit that Lloyd’s of London investors filed against the British government for big financial losses they suffered during the 1980s and 1990s.More than 1,000 underwriting “Names” had sought t...
DATE: Nov 09, 2006
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Quanta Capital Holdings Ltd., which placed all but its Lloyd’s of London business into runoff last year, reported a net profit of $3 million in the third quarter of 2006 compared to a loss of $59 million in the same period in 2005.
For the nine month...
DATE: Nov 09, 2006
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