76489 results returned for search: "" category "Business"
The Royal Gazette/Bermuda Stock Exchange Index gained 0.82 points yesterday to close at 3,320.63. Investors of Butterfield Bank pushed the price of the stock up 5 cents to $42.10 on the trading of 1,222 shares.
Belco Holdings was the only other stock...
DATE: Apr 27, 2005
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IPC Re last night reported $44 million in profit for the first quarter of the year.
The result is a 40 percent decline on where earnings stood a year ago, with $73.6 million in net income posted during the same period of 2004.
IPC president and CEO J...
DATE: Apr 27, 2005
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Bermuda-based global reinsurer PartnerRe Ltd saw its income for the first quarter of 2005 fall 23 percent, due largely to loss activity from the European storm Erwin and an energy loss in Canada.
Net income for the three months ended March 31, 2005 w...
DATE: Apr 27, 2005
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Bermuda is set to attract hundreds of business visitors next week with the Island set to be the staging ground for two pivotal industry conferences.
On Sunday, the 16th annual Globalisation of Mutual Funds Conference kicks off its four-day event whil...
DATE: Apr 26, 2005
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The Royal Gazette/Bermuda Stock Exchange Index lost 19.98 points last week to close at 3,319.81. Butterfield Bank lost 45 cents to close at $42.50 when investors traded 1279 shares. Belco Holdings Ltd. was the only other to record movement with inves...
DATE: Apr 26, 2005
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Year over year percentage changes in the volume of retail sales for the past 12 months:
2004
March +5.7%
April +0.5%
May +2.9%
June +4.3%
July -1.5%
August +2.3%
September +4.9%
October -1.9%
November +3.1%
December +2.5%
2005
January -3.9%
F...
DATE: Apr 26, 2005
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Bermuda-based drinks giant Bacardi Ltd. is offering no comment over newspaper reports that it may join a bidding war for UK spirits company Allied Domecq PLC.
Allied's brands include Beefeater gin, Canadian Club whiskey, Stolichnaya vodka and Kahlua ...
DATE: Apr 26, 2005
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ALBANY, New York (AP) - New York Attorney General Eliot Spitzer today said he will audit American International Group Inc. over reports that AIG improperly booked workers' compensation premiums, providing an "unlawful benefit" to the company worth te...
DATE: Apr 26, 2005
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Bermuda Chamber of Commerce president Charles Gosling yesterday warned that local retailers would find it harder and harder to compete with overseas shopping destinations if Government did not look at revising the Island's Customs Duty tariff structu...
DATE: Apr 26, 2005
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A reinsurance unit of Bermuda-based White Mountains faces regulatory action in Florida.
It is understood that Sirius International Insurance Corp., a subsidiary of White Mountains Re, has been issued with a notice from the Florida Department of Insur...
DATE: Apr 25, 2005
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