76639 results returned for search: "" category "Business"
discontent rising from the East End timeshare resort. Eleven-year member Jack Hart of Weston, Vermont, told The Royal Gazette yesterday that the only reason he and his wife were still visiting the Island was because they loved Bermuda.
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DATE: May 15, 1998
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Stymied in his efforts to form a new Bermuda insurer, former Aon Bermuda head Robin Spencer-Arscott now wants to set up his own consultancy. Mr.
Spencer-Arscott has applied to incorporate RSA Services Ltd., which will provide consultancy services pri...
DATE: May 15, 1998
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Bermuda-registered Sea Containers Ltd. has reported net earnings for the first quarter to March 31 rose more than 100 percent to $3.8 million or four cents per common share on revenues of $262.1 million (1997: $248 million.).
Sea Containers is a mari...
DATE: May 15, 1998
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AUTHOR:
David Fox, Business Editor
month, cut his holdings in the long-distance telephone provider to 21.3 percent from 23.9 percent of the outstanding Class A common shares. Gaspar is manager of venture capital investments with RSL's founder and cosmetics heir Ronald S. Lauder. Gaspa...
DATE: May 15, 1998
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The International Association for Financial Planning (IAFP) is about to create a Bermuda chapter, opening the door to a quality selection of education programmes for local professionals.
IAFP is a professional membership association dedicated to adva...
DATE: May 15, 1998
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AUTHOR:
David Fox, Business Editor
In a vote of confidence, 18 international banks have oversubscribed for the Bank of Bermuda's $500 million syndicated credit facility.
Aggregate commitments for the facility totalled in excess of $850 million.
Mellon Bank, Deutsche Morgan Grenfell, a...
DATE: May 15, 1998
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matter of the Companies Act.
A writ has been filed in the matter of Sierra Nevada Holdings Ltd. and in the matter of the Companies Act.
Alister G.L. Bart has filed a writ against Holmes, Williams and Purvey Ltd.
John Irving Pearman has filed a writ a...
DATE: May 15, 1998
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Renaissance Reinsurance Ltd. to positive from stable.
S&P also announced yesterday it had affirmed its single `A' insurer financial strength and counterparty credit ratings on the company, and its triple `B' preferred stock and counterparty credit ra...
DATE: May 15, 1998
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AUTHOR:
Ahmed Elamin
A Special Assistant Attorney General in the state of Massachusetts has urged a US federal judge to end federal interference in the case involving Electric Mutual Liability Insurance Co. (EMLICO).
And J. David Leslie, acting on behalf of the state's c...
DATE: May 14, 1998
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AUTHOR:
David Fox, Business Editor
A US analyst has identified Terra Nova (Bermuda) Holdings Ltd. as a prime takeover target, and a stock which investors should consider buying.
But the prospect of a takeover is more likely to come from outside of Bermuda, Dowling & Partners Securitie...
DATE: May 14, 1998
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