76472 results returned for search: "" category "Business"
CHICAGO (Bloomberg) — Homebuilders Toll Brothers Inc. and Beazer Homes USA Inc. said orders for new homes declined and customer cancellations rose as a US housing slump deepened.Toll, the largest US luxury home builder, said fiscal fourth-quarter hom...
DATE: Nov 08, 2006
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LONDON — Omega Underwriting Holdings Plc announced yesterday that it has applied for shares in Bermuda-based Omega Insurance Holdings Ltd. to be listed on London’s Alternative Investment Market. Omega said it is anticipated that shares in the company...
DATE: Nov 08, 2006
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Bermuda-based corporate finance and consulting firm ISIS Ltd. announced yesterday that it is establishing an Australian subsidiary, ISIS (Asia Pacific) Pty. Ltd., which will be headed up by ISIS chief executive Audette Exel.
ISIS Asia Pacific is in t...
DATE: Nov 08, 2006
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NEW YORK (AP) — Revlon Inc. said yesterday its loss widened in the third quarter, dragged down by costs related to dumping its new cosmetics line for older women and other restructuring and severance costs.The New York-based company, which is control...
DATE: Nov 08, 2006
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NEW YORK (Bloomberg) — Bermuda-based Primus Guaranty Ltd., the only publicly traded company that makes most of its money investing in credit-default swaps, said third-quarter earnings fell 1.2 percent as the company wrote fewer new contracts.Net inco...
DATE: Nov 08, 2006
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NEW YORK (Reuters) ? Axis Capital Holdings Ltd. said yesterday its president and chief executive, embroiled in an expensive UK divorce, intends to sell shares in the Bermuda-based insurer from time to time.
Proceeds from John Charman?s stock sales wi...
DATE: Nov 08, 2006
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A Bermuda-based trader agreed to pay $1.6 million for improperly short selling shares of companies before 176 secondary stock offerings, the US Securities and Exchange Commission said.
Bloomberg News reported yesterday that James J. Todd, who managed...
DATE: Nov 08, 2006
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NEW YORK (Bloomberg) ? Bermuda-based Primus Guaranty Ltd., the only publicly traded company that makes most of its money investing in credit-default swaps, said third-quarter earnings fell 1.2 percent as the company wrote fewer new contracts.
Net inc...
DATE: Nov 08, 2006
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The Royal Gazette/Bermuda Stock Exchange Index yesterday slumped more than 1.5 percent as Butterfield Bank and Belco shares fell.
The Index closed down 75.99 points or 1.59 percent to close at 4,803.14 in moderate trading.
Belco plunged &1.95 or 7.8 ...
DATE: Nov 08, 2006
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NEW YORK (AP) — The long-awaited upgrade to Microsoft’s Web browser is here, introducing the masses to features available for years in rival products.My initial thought to Microsoft Corp.’s game of catch-up was “no big deal.” But after trying out ver...
DATE: Nov 08, 2006
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