76481 results returned for search: "" category "Business"
(Bloomberg) Intelsat Ltd., the satellite provider to the US military, plans the biggest US junk bond sale in 16 years as it takes on $3.2 billion of debt in a leveraged buyout of PanAmSat Holding Corp.
The Bermuda-based company said it may sell $4.2...
DATE: Sep 09, 2005
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Rosemont Reinsurance Ltd. could see its ratings downgraded by A.M. Best because of concerns that Hurricane Katrina losses, and growing claims from last year?s Hurricane Ivan, could undermine the Bermuda reinsurance company?s financial position.
Rosem...
DATE: Sep 09, 2005
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CableVision has launched a multi-room DVR service that lets viewers simultaneously watch and control different recorded programmes on up to four televisions in their home.
DVRs were first made popular by TiVo which pioneered the technology to allow c...
DATE: Sep 09, 2005
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Butterfield Bank was recognised for the fourth year running as Bermuda?s top bank by The Banker, a prestigious UK banking publication.
In an announcement yesterday, the Island?s oldest financial institution said it had been chosen after the magazine?...
DATE: Sep 09, 2005
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Bermuda bookworms can get a quick fix, and for less, with Mailboxes Unlimited announcing yesterday that its US courier service has slashed the shipping rate for books to $4.25 per pound.
Mailboxes, a company that offers a diverse range of services ? ...
DATE: Sep 09, 2005
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Windups
Pactum Ltd. Liquidator Robin J. Mayor
First Sterling Reinsurance Company Limited. Liquidator Jennifer Y. Fraser
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Chevron Caribbean Inc. is applying to the Minister of Finance for a permit to engage in or carry on the business of marketin...
DATE: Sep 09, 2005
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The acquirer of Bermuda?s Cingular Wireless operation has received St. Lucian government approval to also acquire that country?s Cingular Wireless operation.
The Bermuda-incorporated company recently received regulatory approval to acquire Cingular W...
DATE: Sep 08, 2005
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An increasing number of residential property owners are installing their own immediate back up generators in order to maintain the comforts of home such as working air conditioning and refrigerators even when Belco's systems are down.
Belco Energy Se...
DATE: Sep 08, 2005
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(Bloomberg) US insurance regulators, who were set to gather in New Orleans this week to discuss how climate change and extreme weather events might affect their industry, say Hurricane Katrina made their case for them.
The talk was to be part of the...
DATE: Sep 08, 2005
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The Royal Gazette/Bermuda Stock Exchange fell 1.59 points to close at 3,639.30 yesterday as three stocks traded.
Bermuda Aviation Services fell 95 cents to close at $12.05 on volume of 2.600 shares. That offset a gain of 15 cents to $13.25 by Bermuda...
DATE: Sep 08, 2005
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