76571 results returned for search: "" category "Business"
The setting up of a Bermuda holding company will allow Arch Capital Group to benefit from a good financing, regulatory and tax environment, reports Mairi Mallon .
Arch Capital Group Ltd has officially become the latest reinsurance company to relocate...
DATE: Nov 15, 2000
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bonds later this week to help balance its $2.5 billion purchase of Lucent Technologies Inc.'s power systems unit.
When sold, Tyco's offering would be the largest convertible sale this year, following a $2.0 billion offering from fibre-optic maker Cor...
DATE: Nov 15, 2000
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cease many of its past underwriting areas, Bermuda-based reinsurer ESG Re suffered a $34.3 million loss in its third quarter earnings.
The "disappointing'' results were released yesterday and showed a loss per share of $2.90.
"We continue to be expos...
DATE: Nov 15, 2000
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share.
The amount, which was decided at a meeting of the Board of Directors on October 24, is payable to shareholders of record on November 15, 2000 and payable on November 24.
DATE: Nov 15, 2000
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improvements to its earnings but third quarter results released yesterday, still show the company in the red.
CME reported combined third quarter 2000 operating earnings for continuing operations of negative $4.4 million, an improvement of $0.2 milli...
DATE: Nov 15, 2000
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Let's face it. This Internet stuff is a lot to digest. Not only do we have to master hardware and software that can reduce us to profanity and/or tears, but we have to acquire an entire new language, as well. Unfortunately, a little knowledge can be ...
DATE: Nov 15, 2000
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In trading yesterday the index closed up 2.10 points at 1945.78.
Heaviest trading took place with the Bank of Butterfield as 16,800 shares moved up a dime to close at $19.10.
Nine thousand six-hundred and fifty-eight shares of the Bank of Bermuda wen...
DATE: Nov 15, 2000
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next year.
The bank's branch in the Cayman Islands plans to offer on-line banking in the first quarter of next year to help it keep pace with competitors. The Cayman Islands is the world's fifth largest banking region. Over 350 of the world's major b...
DATE: Nov 15, 2000
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losses again this year.
The company reported a net loss of $2.6 million for the quarter, compared to a net loss of $2.6 million for the same period in 1999.
A release from the company attributed the losses to pricing pressures in the specialised mark...
DATE: Nov 15, 2000
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without the use of a US dollar bank draft and on-line.
Card payment provider, Bermuda Financial Network announced yesterday it would be providing the service, which will post payments to customer accounts on the same business day.
The service will be...
DATE: Nov 15, 2000
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