76519 results returned for search: "" category "Business"
BOSTON (Reuters) - Bermuda-based Tyco International Ltd.'s ADT security alarm business is under fire on four continents as the unit's accounting problems and contract disputes threaten to undermine the conglomerate's efforts to regain credibility.
Le...
DATE: Mar 19, 2003
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Accounting scandals and revelations that highly paid analysts had inflated recommendations on companies that their banks were advising have caused obvious damage to the equities markets.
They may also have affected the corporate debt market, a tradit...
DATE: Mar 19, 2003
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Bermuda-registered ESG Re Ltd. announced yesterday that will deregister its common stock in the wake of being delisted from the Nasdaq Stock Exchange.
ESG Re was delisted from Nasdaq on February 4 after it failed to file its audited financial stateme...
DATE: Mar 19, 2003
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The Bermuda financial sector may be starting to feel the effects of an ugly job market in the US and Europe.
The US securities industry has shrunk by 75,000 employees since the end of 2000 and larger firms such as Merrill Lynch have cut 28.9 percent ...
DATE: Mar 19, 2003
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The Bermuda Stock Exchange/Royal Gazette Index closed up 2.22 points at 2,273.37 yesterday.
Seven hundred shares of KeyTech changed hands and the stock rose 25 cents to reach $9.50
DATE: Mar 19, 2003
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Bacardi Ltd. has named 17-year company veteran Javier Ferran to be its next president and chief executive officer.
Mr. Ferran, will succeed Ruben Rodriguez, as president and CEO of the company early this summer. Mr. Rodriguez will continue as chairma...
DATE: Mar 18, 2003
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The new shareholders of Quantum Communications Limited will include a Paragon Technology Group consortium and a Fort Knox Bermuda Ltd consortium.
Speculation has been rife concerning the identity of the telecommunication company's new shareholders si...
DATE: Mar 18, 2003
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NEW YORK (Reuters) - Elan Corp. yesterday said US regulators were investigating whether the Irish drugmaker unfairly blocked generic competition for its muscle relaxant Skelaxin, endangering the proposed sale of US rights to the drug to King Pharmace...
DATE: Mar 17, 2003
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NEW YORK (Reuters) - As record numbers of US companies wrestle with lawsuits from angry shareholders, they are paying out more for insurance to protect their directors from big-money settlements, and there's no relief in sight.
With margins under pre...
DATE: Mar 17, 2003
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Sometimes it's the simple pleasures that you miss from home, and the one thing that European and North American residents on the Island may have been craving is a bakery making continental breads.
So they will be pleased to hear that there is a new v...
DATE: Mar 17, 2003
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