76472 results returned for search: "" category "Business"
Dive Bermuda has met standards set by PADI and National Geographic to become the Island's first National Geographic Dive Centre.
The 118-year-old non-profit scientific and educational publishing giant in conjunction with PADI, the world's largest pro...
DATE: May 16, 2006
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The Royal Gazette/Bermuda Stock Exchange Index fell 11.60 points yesterday to close at 4,406.25.
On a day of quiet day of trading Belco was the only issue to change price as it fell $1.25 to close at $38.75 as investors traded in 1,300 shares.
The on...
DATE: May 16, 2006
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Retailers were hit in March by a 3.9 percent drop in sales volume, marking the sector?s first year on year decline since August 2002.
Clothing retailers led the fall followed by a slump in new car sales, Government?s retail sales bulletin yesterday r...
DATE: May 16, 2006
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Validus Re, one of the Island?s newest reinsurers, has reduced its potential exposure to losses from high-risk policies through a reinsurance agreement with new sidecar facility Petrel Re.
As a sidecar, Petrel, incorporated on April 24, will provide ...
DATE: May 16, 2006
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Americans living in Bermuda will see their tax costs rise dramatically as a result of tax legislation US president George W. Bush is expected to sign tomorrow.
The election year tax measure aims to cut US taxes by $70 billion over the next decade by ...
DATE: May 16, 2006
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NEW YORK (AP) ? Former Tyco CEO L. Dennis Kozlowski agreed on Friday to pay $21.2 million to settle a New York state tax case related to his grand larceny conviction for looting the company.
The amount covers $3.2 million in sales taxes that Kozlowsk...
DATE: May 15, 2006
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NEW YORK (Bloomberg) ? Bermuda-based Global Crossing Ltd., a fibre-optic communications network operator, will sell $125 million in convertible notes and 6.75 million common shares to raise cash. The stock fell 12 percent, the most in more than a yea...
DATE: May 15, 2006
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The 44 percent owner of Bermuda Digital Communications Lts. (Cellular One) is moving its common stock to the Nasdaq National Market. Atlantic Tele-Network, Inc. expects to complete its listing transfer from the American Stock Exchange to the Nasdaq N...
DATE: May 15, 2006
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The Royal Gazette/Bermuda Stock Exchange Index gained 14.99 points last week to close at 4,417.85.
Masters Ltd. was the big gainer for the week, rising $4 or 25 percent to close at $20 as investors traded 1,000 shares.
Belco gained $1 to close at $40...
DATE: May 15, 2006
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TALLAHASSEE, Florida ? State Farm Insurance Co., the largest home insurer in Florida, is seeking to boost premiums by an average of about 70 percent, the company said yesterday.
If approved by state regulators, the increase would be effective on Augu...
DATE: May 15, 2006
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