76530 results returned for search: "" category "Business"
Incorporating in Bermuda in May of this year saved Cooper Industries Ltd. $0.07 per share according to the company's third quarter results released yesterday.
The company reported third-quarter net income of $63.2 million, or $.68 per share (diluted)...
DATE: Oct 23, 2002
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The Royal Gazette/Bermuda Stock Exhange Index remained unchanged at 2137.02 yesterday with only two stocks trading.
The Bank of Butterfield remained unchanged at $30 on volume of 4,021 and Belco Holdings Ltd. also remained unchanged at $30 on volume ...
DATE: Oct 23, 2002
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Financially troubled Bermuda insurance company Trenwick was dealt another blow with word that its financial strength rating has been downgraded by AM Best Co.
Rating agency AM Best had previously given the company one rating but said it had now also ...
DATE: Oct 23, 2002
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Bermuda-based IPC Re has posted solid results for the third quarter, on the heels of its strong results for the first two quarters of the year.
The company last night said its operating income (excludes net realised gains and losses) was $46.6 millio...
DATE: Oct 23, 2002
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The Bank of Butterfield is outsourcing management of both its internal and external mail service for its Bermuda offices to Proserve Bermuda Ltd., a decision that the bank said would affect four staff.
The bank said mail staff were being given the op...
DATE: Oct 23, 2002
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Everest Re Group, Ltd. reported third quarter 2002 results on Monday evening with both operating earnings and net income affected by a $12.5 million expense due to a mark-to-market valuation adjustment on certain derivative contracts.
Excluding the i...
DATE: Oct 23, 2002
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Auto sales could be down because consumers are holding off on buying new wheels until they find out if larger cars will be allowed on Bermuda's roads.
Auto dealers told The Royal Gazette this week that while stock levels had been good, sales had been...
DATE: Oct 23, 2002
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If you're looking to invest $50,000, the Bank of Bermuda may be the place.
The bank recently announced an addition to its line of All Points Funds - the All Points Managed Portfolio - which it claimed was a customised investment vehicle that offered ...
DATE: Oct 23, 2002
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The Bermudian Business magazine, once a quarterly publication, will now be publishing six issues a year.
Publisher Tina Stevenson explained: "In response to a growing international market, the timing is perfect. All eyes are on Bermuda's thriving bus...
DATE: Oct 23, 2002
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Bermuda's two Princess Hotels helped parent Fairmont Hotels & Resorts Inc. (FHR) report a 36.4 percent increase in earnings before interest, tax, depreciation and amortisation (EBITDA). Releasing results yesterday William R. Fatt, chief executive off...
DATE: Oct 22, 2002
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