76472 results returned for search: "" category "Business"
Bermuda Stock Exchange powerhouses Butterfield Bank and Belco (Holdings) sent the Royal Gazette/Bermuda Stock Exchange Index to another all-time high yesterday as it soared 171.30 points or 5.6 percent to close at 4,913.88.
On an active day of tradin...
DATE: Aug 02, 2006
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NEW YORK (Bloomberg) ? Lazard Ltd., the investment bank led by Bruce Wasserstein, may report tomorrow that second-quarter earnings rose 66 percent as the firm arranged a larger share of the world?s takeovers.
Profit probably climbed to about $53 mill...
DATE: Aug 02, 2006
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Higher sales of liquor, cars and building materials contributed to consumers spending $56.4 million on retail sales in May, the highest level of spending by consumers so far this year.
Sales for the month were 4.8 percent or $2.5 million higher than ...
DATE: Aug 02, 2006
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SAN FRANCISCO (Dow Jones/AP) ? Shares of Scottish Re Group Ltd. soared yesterday, after the life reinsurer said it isn't facing near-term solvency or liquidity problems.
The Bermuda-based company also suggested that ratings downgrades won't take as b...
DATE: Aug 02, 2006
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Pre-Cup Match spending was expected to jump by more than six percent, according to the amount of Bermuda dollar notes and coins in circulation.
The Bermuda Monetary Authority said yesterday that the amount of money in circulation had increased 6.37 p...
DATE: Aug 02, 2006
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LONDON (Bloomberg) ? Jardine Lloyd Thompson Plc, the UK?s second-biggest publicly traded insurance broker, said first-half profit dropped 2.5 percent because of increased competition and pressure on fees.
Net income declined to ?32.9 million ($61.3 m...
DATE: Aug 02, 2006
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Michelle Dallas has resigned as BF&M Ltd. corporate secretary for family reasons and the company has appointed Lynda Leader to take over this role from October 2.
Former United Bermuda Party Cabinet Minister Quinton Edness has joined the board of dir...
DATE: Aug 02, 2006
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Are you protected from the ?enemy within??
Ensuring employees protect their USB flash drives in case of theft, or more likely loss, is becoming standard office security practice these days. The new security risk comes with the portability advantage o...
DATE: Aug 02, 2006
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SINGAPORE (Bloomberg) ? Marvell Technology Group Ltd., which makes semiconductors used in Nokia Oyj?s mobile phones, plans to invest S$100 million ($63 million) in Singapore and raise the number of employees on the island to 500 in the next five year...
DATE: Aug 02, 2006
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PRAGUE (Bloomberg) ? Central European Media Enterprises Ltd., which controls the most popular Czech TV station, extended the contract of its chief executive officer, Michael Garin, until January 2010.
Garin was originally to remain on the job until J...
DATE: Aug 02, 2006
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