76553 results returned for search: "" category "Business"
The Royal Gazette/Bermuda Stock Exchange index gained a tenth of a percent yesterday after a quiet day of trading.
The only price change was in BF&M shares which rose 50 cents to $9. Bank of Bermuda and Band of Butterfield both closed unchanged at $4...
DATE: Jan 18, 2002
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Accounting firm Andersen was yesterday reported as being at risk of falling short on insurance coverage in the face of energy giant Enron's financial collapse.
The firm, which has a Bermuda office, was Enron's auditor and is coming under heavy fire.
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DATE: Jan 18, 2002
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Fairmont Hotels & Resorts Inc. (FHR), the owners of the Hamilton Princess and the Southampton Princess, will release their fourth quarter and year-end figures on January 23, 2002.
This will be followed by a conference call that day at 5.30 p.m.
Parti...
DATE: Jan 17, 2002
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Bermuda-based Annuity and Life Re Ltd has announced it will take a $33 million charge because of its largest annuity contract - the second multi-million dollar hit for the company in two quarters.
The news pushed the price of stock down by more than ...
DATE: Jan 17, 2002
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The Bermuda Stock Exchange/Royal Gazette Index saw no change yesterday closing at 2,625.14 points.
The Bank of Bermuda, which saw no change to its share price of $44.50, traded 25 shares. The Bank of Butterfield saw trading of 900 shares while its st...
DATE: Jan 17, 2002
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Bermuda Container Line Ltd. yesterday announced its first quarterly dividend for 2002 of ten cents per share. The dividend will be payable on February 15 to shareholders of record as of February 8, 2002. This represents a one cent per share or 11 per...
DATE: Jan 17, 2002
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Mutual Risk Management yesterday announced that it has filed a registration which will allow it to raise up to $200 million in new capital and said it has appointed a new interim chief financial officer.
The company has seen its stock price plummet o...
DATE: Jan 17, 2002
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The Bermuda Stock Exchange (BSX) yesterday painted a bright picture of its prospects for the coming year.
Greg Wojciechowski, who took over as the exchange's president and chief executive officer (CEO), linked expectations for the coming year to past...
DATE: Jan 17, 2002
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Bermuda-based First Atlantic Commerce (FAC) this week announced the company has achieved platform compatibility with Miva Corporation's Miva Merchant, a leading storefront development and management system.
FAC, an e-commerce payment solutions provid...
DATE: Jan 17, 2002
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New regulations which will make listing on the Bermuda Stock Exchange easier and clearer were introduced this week.
The BSX said the new regulations updated exchange rules for its members and standardised the wording of listings.
The 'Millennium Edit...
DATE: Jan 17, 2002
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