76472 results returned for search: "" category "Business"
NEW YORK (AP) ? The man who telephoned Henrietta Tolhurst several months ago claimed he had great news for her ? she had won the $22,000 second prize in a national magazine contest.
The caller said he and his company would pay the taxes, so all Tolhu...
DATE: Jul 29, 2006
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The Island?s remaining telecommunications carriers would have to consider consolidating if Cable and Wireless plc receives shareholder and regulatory approval to buy local telecom giant KeyTech Holdings, said Greg Swan Chief Operating Officer and Exe...
DATE: Jul 28, 2006
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HSBC?s acquisition of the Bank of Bermuda may have caused Bermudians to rethink the benefits of local institutions being taken over by large foreign corporations, according to Wendell Emery who retires from Butterfield Bank next month after 39 years ...
DATE: Jul 28, 2006
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(Bloomberg) ? Royal Caribbean Cruises Ltd., the world?s second-biggest cruise operator, said profit dropped 21 percent on higher fuel prices. The company cut its full-year forecast.
Net income in the second quarter fell to $122.4 million, or 57 cents...
DATE: Jul 28, 2006
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(Bloomberg) ? GNER, the British train operator owned by Sea Containers Ltd., lost a court challenge against a government decision allowing rival services on parts of its main route.
The High Court in London backed the UK rail regulator's decision aut...
DATE: Jul 28, 2006
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Montpelier Re Holdings Ltd. posted second quarter 2006 income of $57.6 million, a 47 percent decline from $108.7 million posted in the same quarter 2005.
This year?s quarter includes $19 million of adverse development, mostly from Hurricane Wilma.
Br...
DATE: Jul 28, 2006
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HONG KONG ? Dairy Farm International Holdings Ltd., which operates supermarkets, drugstores and convenience shops across Asia, said first-half profit gained 13 percent on higher Hong Kong retail sales and expansion in Southeast Asia.
Net income at th...
DATE: Jul 28, 2006
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Arch Capital Group posted income of $137.8 million for the 2006 second quarter compared to income of $126 million for the 2005 second quarter.
Earnings per share were $1.81 compared to $1.69 for the 2005 second quarter.
The Bermuda-based company post...
DATE: Jul 28, 2006
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The Royal Gazette/Bermuda Stock Exchange Index reached another all time high yesterday, gaining 2.41 points to close at 4,644.37.
On a quiet trading day Butterfield Bank gained five cents to close at $60.05 as investors traded 255 shares.
The other a...
DATE: Jul 28, 2006
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Another big reinsurer is setting up in Bermuda to address the current supply shortage for property catastrophe reinsurance.
Aeolus Ltd., through its wholly-owned subsidiary, Aeolus Re, will operate as an unrated reinsurance platform and provide prope...
DATE: Jul 27, 2006
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