76483 results returned for search: "" category "Business"
Bermudian John H. Young, III, has been appointed assistant manager of The Residence Club at Tucker's Point. Mr. Young will assist general manager, Alan Paris, with the daily operations of The Residence Club, the initial tourism product at Tucker's Po...
DATE: Aug 10, 2005
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The Royal Gazette/Bermuda Stock Exchange Index fell 12.21 points to 3,540.72.
Butterfield Bank said 4,190 shares were traded but fell 25 cents shares to $42.
Butterfield was the only company to see any trading activity.
DATE: Aug 10, 2005
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Supply concerns and security fears have combined to drive oil prices to record highs.
Unplanned refinery shutdowns in the US have focussed speculative attention on the possibility of tightness in the supply/demand balance.
Meanwhile, a terrorist scar...
DATE: Aug 10, 2005
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Writs
A writ has been filed by Appleby Spurling & Hunter against Freemarket Global Limited.
A writ has been filed by Pedro Pollancis against C. Sterlin Smith.
A writ has been filed by the Department of Public Prosecutions in the matter of Michael All...
DATE: Aug 10, 2005
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(Bloomberg) ? Platinum Underwriters Holdings Ltd., a Bermuda-based reinsurer, said the US Securities and Exchange Commission asked the company for information about a type of reinsurance that may be abused to smooth earnings.
The company received a ?...
DATE: Aug 10, 2005
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NEW YORK (Reuters) ? Ocean and rail transport company Sea Containers Ltd. on Monday reported a quarterly loss, after a one-time franchise payment and legal costs of a commercial dispute.
The Bermuda-based company reported a second-quarter loss of $17...
DATE: Aug 10, 2005
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A Butterfield Bank executive yesterday urged people to be patient with demands banks might make when opening accounts or monitoring account activity as the requests are part of regulations designed to help eliminate money laundering.
Allison Baillie,...
DATE: Aug 10, 2005
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The Royal Gazette/Bermuda Stock Exchange Index yesterday fell 20.25 points to finish at 3,552.93.
A total of 8,600 shares worth $319,375 traded, with Butterfield Bank falling 25 cents from a 52-week high of $42.50 to to $42.25 on volume of 6,500 shar...
DATE: Aug 09, 2005
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Bermuda insurance company Primus Guaranty Ltd. lost $9.2 million in the second quarter after a $14 million decline in the value of its credit swap portfolio, the company said in an earnings statement yesterday morning.
The loss for Primus, which has ...
DATE: Aug 09, 2005
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(Bloomberg) ? Two Ohio pension funds will lead a class action lawsuit accusing AIG, the world's largest insurer, of defrauding investors before the company restated five years of profit by $3.9 million.
US District Judge John Sprizzo in New York pick...
DATE: Aug 09, 2005
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