76700 results returned for search: "" category "Business"
purchase the share capital of Graham Bell and Company Ltd. for $2.08 million.
The deal includes $1.75 million in cash and the balance will be paid with 184,761 in Lloyd Thompson shares.
Lloyd Thompson took a 49 percent stake in Bermuda insurance brok...
DATE: Nov 18, 1994
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larger-than-expected increase by the US Federal Reserve in short-term interest rates.
They are monitoring the consequences of a 3 of one percent increase in the federal funds rate, what banks charge each other on overnight balances held at the Fed.
T...
DATE: Nov 18, 1994
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for rent the same day they are released by suppliers, according to one of the owners.
Mrs. Norma Cross said because of an arrangement with suppliers, movies will arrive at the business before their official release date so the owners can have them re...
DATE: Nov 18, 1994
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trading yesterday on the Bermuda Stock Exchange.
Bank of Bermuda closed at $19.125 on volume of 1,467 while Butterfield closed at $12.375 on volume of 6,314.
The exchange index closed down 15.81 points or 1.45 percent to 1,072.11 in light trading.
Te...
DATE: Nov 18, 1994
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A Four Seasons executive yesterday expressed disappointment that the Bermuda Financial Centre Ltd. had deferred plans to build a hotel on the site of the old Bermudiana Hotel.
Officials of the hotel chain conceded they knew some weeks ago that a dela...
DATE: Nov 18, 1994
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service from the Island should be repaired by tomorrow, Cable & Wireless said yesterday.
The fault in the fibre optic cable had been located about 400 miles off Brean in the United Kingdom and was being repaired by the cable ship Sovereign, the compa...
DATE: Nov 17, 1994
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Bermuda Home closed down 12.5 cents at $6.75 on volume of 294.
Bda. Govt. 6.5% BDA$ '97 closed unchanged at 101 for the second staight day on volume of 1,500 units worth $151,500.
Share volume for the day was 1,644 with a share value of $34,085.
Stoc...
DATE: Nov 17, 1994
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insurance market, according to a Bermuda-based underwriter.
One loss can severely affect the global capacity of the few companies that write in this highly specialised field, said ACE Ltd. senior vice president Mr. Charles Rudd.
Mr. Rudd is one of a ...
DATE: Nov 17, 1994
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of the Registrar of Companies staff, according to Bermuda's top insurance regulator.
And Registrar Mr. Malcolm Butterfield said the Island is still attracting new company formations despite criticisms from other insurance markets.
Mr. Butterfield was...
DATE: Nov 17, 1994
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there is not enough support for a new hotel on the Bermudiana Hiotel site.
The firm has decided to proceed with the construction of the office building and is only submitting its office building plans to planners for final approval.
Construction of t...
DATE: Nov 17, 1994
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AUTHOR:
David Fox, Business Editor
