76681 results returned for search: "" category "Business"
could be about $100 million, or $9 per common share, compared with net income in 1994's second quarter of $10 million or $0.60 per common share.
The sale of its Wightlink subsidiary for $160 million on June 1 was largely responsible for the improveme...
DATE: Jun 22, 1995
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A Bermuda insurance company has entered US capital markets to hedge the risk for crop insurance.
Stockton Reinsurance Ltd., set up in Bermuda by Commodities Corporation last year, is using the futures and options capital markets experience of its par...
DATE: Jun 22, 1995
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issues trading.
Bank of Bermuda closed at $18 on volume of 901, Bermuda Home at $8 on volume of 182 and Staples at $9.25 on 1,100 volume.
On June 28, Belco intends to redeem all outstanding 7 percent convertible notes due June 1, 1997.
The notes will...
DATE: Jun 22, 1995
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claims-paying ability rating reaffirmed by Duff & Phelps Credit Rating Co.
The reaffirmed double A rating reflects ALAS' expertise in its chosen insurance market, consistent profitability, and low operating leverage, the rating agency said.
ALAS was ...
DATE: Jun 21, 1995
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A leading edge Canadian company specialising in the technology of data storage is considering marketing its products in Bermuda. And the firm's boss believes VHS storage of information and other emerging products can be brought to Bermuda as speciali...
DATE: Jun 21, 1995
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AUTHOR:
David Fox, Business Editor
US regulators charged two Swedish citizens with insider trading of Bermuda-based Sea Containers securities, according to Bloomberg business news service.
The trading is alleged to have occurred before the shipping company received a takeover bid in 1...
DATE: Jun 21, 1995
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volume of 50,000 units.
The value of the trade was $51,437.50.
The index closed unchanged at 1,034.87.
DATE: Jun 21, 1995
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Women can no longer use past injustice as an excuse for not succeeding today, says an executive of Aon Risk Services (Bermuda) Ltd.
Senior vice president and group financial controller, Mrs. Pauline Richards, declared that women bring an essential el...
DATE: Jun 20, 1995
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AUTHOR:
David Fox, Business Editor
blow to the Island's tourism economy.
The Royal Majesty was due to set sail from Boston to the Island tomorrow with more than 1,100 passengers on board.
However, it has been ordered into dry dock for repairs to damage sustained when it grounded on a ...
DATE: Jun 17, 1995
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face traded $0.03.125 above par. Bank of Bermuda closed down $0.12.5 at $18 on a volume of 741. Kentucky Fried Chicken was down $1.62.5 at $27.25 on a volume of 3,506. BF&M Ltd. was up fifty cents to $6.75 on a volume of 10,067. BF&M 9% Conv. Cum. Re...
DATE: Jun 17, 1995
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