76483 results returned for search: "" category "Business"
Bermuda-based shipping company TBS International Limited, which went public earlier this year, yesterday reported that its second quarter profit jumped 14 percent.
TBS said net income for the quarter ended June 30 rose from $12.1 million to $13.8 mil...
DATE: Aug 12, 2005
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Trustees for the Rivendell Trust are applying to incorporate a company to import concrete block to the Island.
According to this week's legal notices, trustees Paul King and Jo Ann King have applied on behalf of Hobbiton Holdings Ltd. to incorporate ...
DATE: Aug 12, 2005
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At least three Bermuda-registered companies will be added to the Dow Jones Wilshire 5000 Composite Index.
The Index ? the broadest measure of the stock prices of US companies ? has changed its definition of Index members to include companies that are...
DATE: Aug 12, 2005
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Beleaguered Bermuda life reinsurer Annuity and Life will hand its remaining life and annuity reinsurance treaties to seven-month-old Bermuda-based life reinsurer Wilton Re.
The companies announced yesterday that Annuity had entered into an agreement ...
DATE: Aug 12, 2005
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(Bloomberg) ? American International Group Inc., the insurer that restated $3.9 billion of profit in May, now has a ?productive? relationship with regulators probing its accounting, chairman Frank Zarb told shareholders.
?AIG in recent months has for...
DATE: Aug 12, 2005
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German reinsurer Hannover Re's Bermuda subsidiary had a better second quarter in 2005 than in the same period a year earlier, its chief executive said.
In an interview with Dow Jones Newswires, Wilhelm Zeller, the CEO of the world's third largest rei...
DATE: Aug 12, 2005
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The Royal Gazette/Bermuda Stock Exchange Index recorded no movement yesterday. It closed unchanged at 3,601.16.
DATE: Aug 12, 2005
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A Bermuda domiciled holding company and reinsurance operating company will assume fifty percent of the business of St. Paul Travelers CATRisk operation pending its acquisition by affiliates of San Francisco private equity investors Hellman & Friedman...
DATE: Aug 12, 2005
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(Bloomberg) ? American International Group Inc., the insurer sued by New York Attorney General Eliot Spitzer over improper accounting, said sales of some US products have started to rebound since the company?s earnings restatement.
Independent agents...
DATE: Aug 11, 2005
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(Bloomberg) ? Warren Buffett?s Berkshire Hathaway Inc. bought 5 million shares of Tyco International Ltd., the world?s biggest maker of electronic connectors, after the stock had dropped 18 percent this year, a state filing showed.
Berkshire paid $15...
DATE: Aug 11, 2005
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