76548 results returned for search: "" category "Business"
Bermuda Bakery Limited has announced an increase in net profit for 2001, investments in technology to improve efficiency levels and further cost cuts going forward.
The company's chairman James Pearman said consolidated results reflected a 62.1 perce...
DATE: Apr 16, 2002
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Mutual Risk Management has been hit by yet another rating downgrade, with Standard & Poors (S&P) announcing on Friday it had lowered Mutual Risk's (MRM) counterparty credit rating to double C, which it said reflected "the highly vulnerable status of ...
DATE: Apr 15, 2002
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The Royal Gazette/Bermuda Stock Exchange index dipped over 32 points last week after four separate stocks lost ground on a busy week of trading.
Bank of Bermuda yo-yoed during the week to finish down 25 cents overall at $44.25 and Bank of Butterfield...
DATE: Apr 15, 2002
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Yet another United States company, Leucadia National Corporation, is looking to move to Bermuda to slash its tax bills.
The company, which is a financial services holding company engaged in banking, lending, and insurance, has filed with the Securiti...
DATE: Apr 15, 2002
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Bermuda-based Flag Telecom Holdings Ltd. has gone out of service after mounting debts forced it to file for bankruptcy protection on Friday.
The company, which was floated last year, filed for Chapter 11 bankruptcy protection in the United States on ...
DATE: Apr 15, 2002
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Recently there has been a lot of bad press about the effects of the international insurance industry on Bermuda's social environment. Most of the discontent arises from the escalation of rents, which has caused the average Bermudian to have great dif...
DATE: Apr 15, 2002
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The Royal Gazette/Bermuda Stock Exchange Index lost ground yesterday in light, mixed trading.
The Index closed down 22.76 points to 2,647.58 on volume of $56,467 worth of shares.
The Bank of Bermuda dropped 75 cents to close at $44.25 on volume of 2,...
DATE: Apr 13, 2002
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After nearly 60 years on Reid Street, Bermuda Photo Craftsmen has moved on.
The long-time photo shop - which was located at the entrance to Walker Arcade - has consolidated with its sister store the Kodak Express Photo Lab in the Washington Mall.
Own...
DATE: Apr 12, 2002
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The head of the hardware store Masters Ltd. has said she is delighted at the company's year-end results which show a growth in profits, not including sale of investments, of 12.7 percent.
The company, which not only is a retail hardware store but als...
DATE: Apr 12, 2002
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Beleaguered Mutual Risk Management was yesterday hit with another blow: the resignation of its long-time employee and president John Kessock.
The move is the latest in a spell of bad news for the Bermuda insurer, which posted close to $100 million in...
DATE: Apr 12, 2002
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