76492 results returned for search: "" category "Business"
Bermuda-based Endurance Specialty this week reported net income of $355.6 million in 2004.
The company?s earnings for the year broke down to $5.28 per share and compared favourably to net income in 2003 of $263.4 million, or $4 per share.
For the fou...
DATE: Feb 18, 2005
|
CATEGORY:
Other
|
(Bloomberg) ? The debt and financial strength ratings of ACE Ltd., a Bermuda-based insurer, were left unchanged by Standard & Poor?s after a six-week review.
S&P said yesterday it kept Ace?s senior debt rating at BBB+ and its financial strength ratin...
DATE: Feb 18, 2005
|
CATEGORY:
Other
|
(Bloomberg) ? A former Tyco International Ltd. executive testified that he was told to record as extraordinary bonuses several payments that then-chief executive L. Dennis Kozlowski and his deputy Mark Swartz are accused of stealing.
The payments wer...
DATE: Feb 18, 2005
|
CATEGORY:
Other
|
How often do you negotiate with people as part of your working day? How often do you get what you want from those negotiations? And if you get what you want, does that sometimes happen at the expense of maintaining positive working relationships?
"Pe...
DATE: Feb 18, 2005
|
CATEGORY:
Other
|
The Royal Gazette/Bermuda Stock Exchange Index rose 0.63 points to 3,267.99.
A whopping 23,000 Bermuda Commercial Bank preferred shares changed hands yesterday while gaining 15 cents to close at $1.75.
Butterfield Bank shares were also active with 7,...
DATE: Feb 18, 2005
|
CATEGORY:
Other
|
The Royal Gazette/Bermuda Stock Exchange Index has gained 29.41 points to finish at 3,267.35.
Butterfield Bank rose 65 cents to $41.90 on colume of 6,100 shares after announcing record earnings.
The only other BSX-listed company to see any activity w...
DATE: Feb 17, 2005
|
CATEGORY:
Other
|
Bermuda-based Montpelier Holdings reported earnings last year of $240.3 million, or $3.55 per share.
For the fourth quarter, the company said net income stood at $102.4 million, or $1.53 per share. This compared to $99.9 million, or $1.46 per share, ...
DATE: Feb 17, 2005
|
CATEGORY:
Other
|
Bermuda insurance heads say they have seen little impact on the bottom line from ceasing to pay incentive commissions to brokers, while at the same time calling on investors to take an active role in the reform of how brokers are compensated.
The foc...
DATE: Feb 17, 2005
|
CATEGORY:
Other
|
STOCKHOLM ? Bermuda-based tanker company Nordic American Tanker Shipping Ltd. (NAT) yesterday has begun a public offering of 3.5 million common shares pursuant to its effective shelf registration statement.
The company said the net proceeds of the of...
DATE: Feb 17, 2005
|
CATEGORY:
Other
|
Bermuda insurance bosses say it is too early to put any real stock in a class action reform measure passed by the US Senate last week and now on its way to the House of Representatives.
The legislation on the table is also unlikely to free up the bil...
DATE: Feb 17, 2005
|
CATEGORY:
Other
|
