76540 results returned for search: "" category "Business"
Fifty seven shares traded on the Bermuda Stock Exchange yesterday, a particularly sluggish trading day. The index remained unchanged at 2,729.17.
Thirty shares in the Bank of Butterfield changed hands at $34 apiece. Ten shares in BF&M also traded, at...
DATE: Jul 02, 2002
|
CATEGORY:
Other
|
Trenwick mounts lawsuit against Swiss Re
Bermuda-based insurer Trenwick has launched a multi-million dollar suit against Swiss Re.
Trenwick said yesterday that the arbitration sought $55 million in damages and other relief Swiss Re subsidiary Europea...
DATE: Jul 02, 2002
|
CATEGORY:
Other
|
Corporate leaders - including some Bermuda chiefs - are being pressed to come clean with all accounting disclosures or risk personal liability for any false information.
The pressure is coming from the US Securities and Exchange Commission (SEC) - wh...
DATE: Jul 02, 2002
|
CATEGORY:
Other
|
The Internal Revenue Service (IRS) is likely to take a closer look Tyco International's tax arrangements, which could result in the Bermuda-based company facing hefty penalties, according to the latest edition of BusinessWeek magazine.
The magazine d...
DATE: Jul 01, 2002
|
CATEGORY:
Other
|
Before Vicki Coelho lets her nine-year-old daughter read her e-mail, she screens it. Ms Coelho, the sales and marketing manager of Internet service provider (ISP) North Rock Communications, wants to prevent her daughter from reading the junk mail sen...
DATE: Jul 01, 2002
|
CATEGORY:
Other
|
Federal prosecutors in the Enron investigation have filed a criminal complaint against three Britons, accusing them of defrauding their employer, National Westminster Bank, of $7.3 million through their dealings with a partnership related to the comp...
DATE: Jul 01, 2002
|
CATEGORY:
Other
|
The Royal Gazette/Bermuda Stock Exchange yesterday fell 16.86 points to close at 2,729.17.
The Bank of Butterfield dominated trading yesterday with 8,800 shares moving and a price gain of $1 to close at $34.
The Bank of Bermuda traded 100 shares and ...
DATE: Jun 29, 2002
|
CATEGORY:
Other
|
Jeff Hamill is the chief executive officer of Logic Communications.
How do you invest (Stocks, bonds, mutual funds, indices, currency, commodities, property, art, a mix, etc.)?
Equities, bonds and mutual funds.
What and when was your first ever inves...
DATE: Jun 29, 2002
|
CATEGORY:
Other
|
Just as the average investor was hoping the worst of the phantom corporate profit scandals might be over, this week, Worldcom admitted to accounting fraud.
Today's market reflects a substantial loss of confidence. Investors have lost faith in financi...
DATE: Jun 29, 2002
|
CATEGORY:
Other
|
Standard & Poor's (S&P) announced on Wednesday it had assigned its single-'A'-plus insurer financial strength rating to Bermuda-based Equator Reinsurances Ltd. Equator Re, a captive reinsurer, was formed in 1983 to provide internal reinsurance to the...
DATE: Jun 28, 2002
|
CATEGORY:
Other
|