76539 results returned for search: "" category "Business"
The Royal Gazette/Bermuda Stock Exchange yesterday fell 63.41 points to close at 2,319.14.
The Bank of Bermuda dominated trading with 2,200 shares trading and a price drop of $2 per share to close at $33.
The Bank of NT Butterfield saw 100 shares cha...
DATE: Aug 09, 2002
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Corporation Secretary Roger Sherratt has thrown his weight behind plans to allow stripping of containers away from Hamilton docks to cut down on growing congestion.
Government is considering legislation this coming winter to ease laws requiring wareh...
DATE: Aug 08, 2002
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XL Capital announced yesterday that it would issue new shares to pay for notes it said it would redeem on September 9.
On Monday, the company said it would pay up to $295.8 million to buy back all of its zero-coupon convertible senior bonds 19 years ...
DATE: Aug 08, 2002
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HAMILTON, Bermuda -- PXRE Group Ltd. (NYSE:PXT) today announced significantly higher profits for the second quarter and six months ended June 30, 2002.
Highlights of the Company's financial results included a 412% increase in net income for the quart...
DATE: Aug 08, 2002
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You might assume that only number crunching students would head for summer work at a bank, but you'd be wrong.
The Island's largest bank, the Bank of Bermuda, says it has a wide vision when it comes to hiring summer students.
Programme co-ordinator C...
DATE: Aug 08, 2002
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The Royal Gazette/Bermuda Stock Exchange fell almost half a percent yesterday during a quiet day of trading.
Shares of just two companies worth $145,218 changed hands, and the index lost 11.02 points to close at 2,382.55.
The Bank of Butterfield fell...
DATE: Aug 08, 2002
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PXRE Group Ltd. yesterday announced that Guy D. Hengesbaugh has joined the company as president of the company's Bermuda reinsurance company, PXRE Reinsurance Ltd., and executive vice president of PXRE Group.
In these roles, he will be in charge of u...
DATE: Aug 08, 2002
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A Beverly Hills lawyer who tried to defraud an ACE-owned insurance company over a sunken yacht has been fined $2.8 million.
Rex K. DeGeorge was also jailed for seven and a half years for filing a fraudulent claim with Cigna Property and Casualty Insu...
DATE: Aug 07, 2002
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The Royal Gazette/Bermuda Stock Exchange Index gained 7.19 points or 0.30 percent yesterday to close at 2,393.57. A total of 5,790 shares worth $107,370 were traded.
No shares were traded in the banking sector. In the insurance sector, 4,670 shares o...
DATE: Aug 07, 2002
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Ireland could take Bermuda's place at centre of a debate from American lawmakers and in international news reports over companies wanting to slash their tax bills.
The heat could be off the Island now with the most high-profile company to announce it...
DATE: Aug 07, 2002
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