76472 results returned for search: "" category "Business"
NEW YORK (Reuters) — William Sorin, the former general counsel of Comverse Technology Inc., pleaded guilty yesterday to a US criminal conspiracy charge related to a stock options backdating scheme.Sorin, 57, pleaded guilty to one count of conspiracy ...
DATE: Nov 03, 2006
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The financial guaranty market is "lacklustre", Ram Re's chief executive officer said this week, but the reinsurer's profit improved by 54 percent in the third quarter.
Another financial guarantee insurer and reinsurer, Assured Guaranty, reported a sl...
DATE: Nov 03, 2006
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NEW YORK (AP) — Wall Street barrelled higher yesterday, with the Dow Jones industrials surging further into record territory after a Federal Reserve official indicated the Fed will maintain its policy of stable interest rates.Investors who were heart...
DATE: Nov 02, 2006
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PHILADELPHIA (Bloomberg) — Cigna Corp., the fourth-largest US health insurance provider, said earnings rose 15 percent as membership grew in medical plans employers buy for workers and their families. The shares jumped the most in three months after ...
DATE: Nov 02, 2006
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TORONTO (Bloomberg) — Canadian stocks had their biggest decline in almost five months after the government unexpectedly said it will begin taxing income trusts, whose securities make up about ten percent of the country’s main equity benchmark.Shares ...
DATE: Nov 02, 2006
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The Bank of Bermuda/HSBC yesterday admitted that the “challenges” from its changeover to its new $30 million electronic banking system had lasted longer than expected.
Since the Bank launched its upgrade on October 16, many customers have had to grap...
DATE: Nov 02, 2006
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Bermuda Aviation Services Ltd.’s net income jumped 26 percent in the first half of its financial year as revenue grew strongly.
BAS, which has been rapidly diversifying from its core airport services business, said revenues rose three percent to $19 ...
DATE: Nov 02, 2006
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Card In The Yard owner Elaine Williams has designed a novel way to celebrate weddings, anniversaries, birthdays and birth announcements and other special occasions.
Ms Williams hopes the the six-foot tall eye-catching signs offered by the new gift ca...
DATE: Nov 02, 2006
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NEW YORK (Bloomberg) — Lazard Ltd., the investment bank led by Bruce Wasserstein, reported profit that missed analysts’ estimates because of a decline in fees for takeover advice. The stock slid as much as three percent, the biggest drop since the fi...
DATE: Nov 02, 2006
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American Safety Insurance Holdings, Ltd. yesterday reported a 61 percent increase in net earnings for the three months ended September 30 to $5.4 million, or 50 cents per share, compared to $3.3 million, or 47 cents per diluted share, for the same pe...
DATE: Nov 02, 2006
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