76472 results returned for search: "" category "Business"
The Royal Gazette/Bermuda Stock Exchange Index fell 248.535 points last week to close at 4,900.50.
During a moderate week of trading Argus led the advances gaining 25 cents to close at $14.25 as investors traded in 4,622 shares.
Bermuda Commercial Ba...
DATE: Aug 21, 2006
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has announced the grand opening of a branch office in Chicago, Illinois by its subsidiary, Newmarket Underwriters Insurance Company.
The office first opened in November, 2005 to satisfy a growing demand for direct insurance within the region. Allied ...
DATE: Aug 21, 2006
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The so called Tax Reduction Act of 2006 effectively was a Tax Increase Act for US citizens residing in Bermuda. This tax legislation significantly increased the US Federal individual income tax for US citizens residing in Bermuda. A question that man...
DATE: Aug 21, 2006
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Quanta Capital Holdings Ltd.'s internal controls over financial reporting are ineffective, the embattled Bermuda-based insurer and reinsurer admitted in a regulatory filing last week.
Quanta, which has been exploring strategic alternatives for its bu...
DATE: Aug 21, 2006
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MediaHouse, which last week reported a loss for its 2005 financial year, said it made a profit of 84 cents per share for the first six months of 2006.
Releasing the results just two days after it released its full year results, Media House, which own...
DATE: Aug 21, 2006
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Fitch Ratings said on Friday it was keeping embattled Bermuda reinsurer PXRE on ratings watch, citing continued uncertainty about the company?s future viability.
Fitch made the announcement after PXRE posted net income before convertible preferred sh...
DATE: Aug 21, 2006
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Worries about the shares of reinsurance firms this hurricane season might just be a tempest in a teapot.
Of the roughly $83 billion in insured losses from natural disasters world-wide last year ? most of them in the US ? some $40 billion was paid out...
DATE: Aug 21, 2006
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Vernacular abounds in the investment world, just as it does for sports, politics, emotions and many other activities. Why this is so, is never adequately explained. What is clear is just how unclear talking in investment jargon can be for everyone op...
DATE: Aug 19, 2006
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ast week's column on the swine that have taken over eBay appears to have touched a chord in Bermuda. Letters from readers reveal that I'm not the only one to feel the heat of the online auction site attracting the wrong kind of people.
"I know exactl...
DATE: Aug 19, 2006
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The Royal Gazette/Bermuda Stock Exchange Index gained 13.67 points yesterday to close at 4,900.50.
On a day of light trading on the Exchange, Butterfield Bank rose 25 cents to close at $59.50 as investors traded in 50,432 shares.
Bermuda Commercial B...
DATE: Aug 19, 2006
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