76472 results returned for search: "" category "Business"
The Royal Gazette/Bermuda Stock Exchange Index fell 26.324 points last week to close at 3,829.40.
The biggest gain last week was Masters Limited gaining $4.50 to close at $16.50 as investors traded in 1,000 shares.
Butterfield Bank rose 40 cents to c...
DATE: Nov 28, 2005
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NEW YORK (Bloomberg) ? General Electric Co., the world?s largest company by market value, will have about $3 billion of costs in the fourth quarter related to the sale of the company?s reinsurance business to Swiss Reinsurance Co. The loss from the s...
DATE: Nov 28, 2005
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Owners of small businesses can make their dreams a reality with the help of Michelle Khaldun, general manager of the Bermuda Small Business Development Corporation (BSBDC).
In July Ms Khaldun returned to the helm of the BSBDC where she served from 19...
DATE: Nov 28, 2005
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NEW YORK (Bloomberg) ? New York Attorney General Eliot Spitzer's office said he won't press criminal charges against Maurice (Hank) Greenberg, the former chief executive of American International Group Inc., eliminating a possible complication in def...
DATE: Nov 28, 2005
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XL Capital shares closed almost nine percent lower on Friday as investors reacted to an actuarial decision that is expected to reduce the Bermuda-based company?s fourth-quarter earnings by $830 million.
The actuary?s decision relates to an agreement ...
DATE: Nov 28, 2005
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XL Capital, a global Bermuda-based insurer under pressure to reduce volatility after a string of losses, said it is working with advisors on finalising a capital raising plan.
It also plans to increase its ability to sell 2006 policies by laying off ...
DATE: Nov 28, 2005
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A story this week that?s mostly personal, but which illustrates some larger truths about getting rich slowly.
It starts many years ago, at a time when computers were just beginning to invade our consciousness. Younger readers will be unable to visual...
DATE: Nov 27, 2005
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Have you ever wondered what distinguishes one of us from another? What makes someone stand out? Trite question, but you know what I mean. Take an organisation of 30 people. Of that group, there are sure to be one or two who are complete standouts, fo...
DATE: Nov 26, 2005
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The dramatic plunge in XL Capital shares (see Page 9)after it said it was likely to lose an arbitration with Credit Suisse dominated Bermuda insurance stocks yesterday.
XL closed down $6.32 or 8.57 percent in holiday-shortened trading to close at $67...
DATE: Nov 26, 2005
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NEW YORK (Bloomberg) ? XL Capital Ltd. shares plunged as much as 12 percent yesterday after the property and casualty insurer said a ruling on its purchase of Winterthur units would reduce earnings in the fourth quarter by $830 million.
XL said in a ...
DATE: Nov 26, 2005
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