76472 results returned for search: "" category "Business"
NEW YORK (Bloomberg) ? Shares of W.P. Stewart & Co., a Bermuda-based asset manager of $8.4 billion, lost almost a quarter of their value on Thursday after second-quarter earnings dropped 27 percent, missing analysts? estimates.
The stock dropped as m...
DATE: Jul 31, 2006
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XL Capital?s spin-off of its financial guaranty insurance and reinsurance business is expected to take place on Wednesday whenSecurity Capital Assurance Ltd. has its initial public offering.
XL announced in June that it will be spinning off the Bermu...
DATE: Jul 31, 2006
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MIAMI (AP) ? A woman who was allegedly severely burned by flaming rum during a Bacardi promotion is suing the Bermuda-based wine and spirits producer, claiming the product was defective and dangerous.
Danielle Alleyne, of Miami, was injured after she...
DATE: Jul 31, 2006
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Two young Bermudian insurance students have just returned from an eye-opening experience in the Chicago insurance market where they had the opportunity to see how insurance is written in a different market from Bermuda.
Ace Tempest Re interns Jonatha...
DATE: Jul 31, 2006
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White Mountains Insurance Group Inc. on Thursday reported lower quarterly earnings as its reinsurance unit posted a $125 million loss from storms in 2005.
The company reported second-quarter earnings of $115.8 million, or $10.72 per share, compared w...
DATE: Jul 31, 2006
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NEW YORK (Bloomberg) ? Ingersoll-Rand Co., the maker of Bobcat machinery and Thermo-King refrigerated trucks, said its second-quarter profit rose ten percent, led by sales of equipment used in commercial construction.
Earnings from continuing operati...
DATE: Jul 31, 2006
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LONDON (Bloomberg) ? Bermuda-registered mining company Aquarius Platinum Ltd. last week reported record production in its fiscal fourth-quarter.
Its five mines produced 214,487 ounces in the three months ended June 30, 129,162 ounces of which are att...
DATE: Jul 31, 2006
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US hedge fund Citadel Investment Group is planning an opportunistic bid for UK rail operator GNER, hoping to acquire the group cheaply because of debt problems at its Bermuda-based owner, Sea Containers, Britain?s Sunday Express newspaper reported wi...
DATE: Jul 31, 2006
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DATE: Jul 31, 2006
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Max Re Capital Ltd. posted second quarter income of $17.3 million Friday after market close, off 26 percent from the same period 2005.
Broken down, the Bermuda-based company posted income of 27 cents per share compared to income of 47 cents per share...
DATE: Jul 31, 2006
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