76472 results returned for search: "" category "Business"
NEW YORK (Bloomberg) — MBIA Inc., the world's biggest bond insurer, reported a 54 percent rise in third-quarter profit, mostly because of a $75 million charge in the year-ago period to cover anticipated penalties from a regulatory investigation.Net i...
DATE: Oct 27, 2006
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TORONTO (Bloomberg) — Sun Life Financial Inc., Canada's second-largest insurer, said third-quarter profit increased 26 percent to a record, led by its US money manager MFS Investment Management.Net income climbed to C$541 million ($482 million), or 9...
DATE: Oct 27, 2006
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HARTFORD (Bloomberg) ? Chubb Corp., an insurer of commercial property and high-end homes, said third-quarter profit more than doubled as calmer weather lowered claims.
Net income increased to $604 million, or $1.43 a share, from $246 million, or 60 c...
DATE: Oct 27, 2006
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NEW YORK (Bloomberg) ? Global Crossing Ltd., a telecommunications company seeking to turn a profit, agreed to buy Impsat Fiber Networks Inc. for about $95 million and add more than 4,500 Latin American customers.
Investors will receive $9.32 a share ...
DATE: Oct 27, 2006
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PartnerRe’s strong earnings performance contributed to Moody’s Investors Service affirming the Baa1 preferred stock rating of PartnerRe Ltd. and the Aa3 insurance financial strength ratings of its principal reinsurance subsidiaries.
Moody’s has also ...
DATE: Oct 27, 2006
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has formalised a Reseller Agreement with Riverbed Technologies.
Riverbed?s flagship product. Steelhead Appliances, is designed to address the issues associated with the management and costs of running a Wide Area Network (WAN).
?Our customers are con...
DATE: Oct 27, 2006
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NEW YORK (Bloomberg) — Goldman Sachs Group Inc., the most profitable securities firm in Wall Street history, promoted 262 executives to managing director a day after adding 115 partners, the firm’s top rank.Managing directors are appointed annually, ...
DATE: Oct 27, 2006
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NEW YORK (Reuters) ? St. Paul Travelers Cos. Inc., one of the largest US property and casualty insurers, yesterday said third-quarter earnings soared more than six-fold, helped by the lack of any major catastrophes.
St. Paul, which also raised its fu...
DATE: Oct 27, 2006
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NEW YORK (Bloomberg) ? Loral Space & Communications Inc.?s planned sale of $300 million in convertible preferred stock to MHR Fund Management may lead to a takeover of the satellite company and should be scrapped, according to Murray Capital Manageme...
DATE: Oct 27, 2006
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Bermuda should look to China to attract new hedge funds to the Island, according to Bermuda International Business Association chief executive Cheryl Packwood.
Ms Packwood was speaking after the MARHedge World Wealth Summit 2006 this week, which was ...
DATE: Oct 27, 2006
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