49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (AP) — America's retailers posted a surprise sales decline for November after two consecutive months of gains, as a modestly positive start to holiday shopping wasn't strong enough to offset weak spending the rest of the month.
The 0.3 perce...
DATE: Dec 04, 2009
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ST. PAUL, Minnesota (Reuters) - A federal jury, on Wednesday, found Minnesota businessman Tom Petters guilty of orchestrating a $3.65 billion Ponzi scheme.
The 52-year-old founder of Petters Group Worldwide Inc was convicted on all 20 counts he faced...
DATE: Dec 04, 2009
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WASHINGTON (Bloomberg) — Treasury Secretary Timothy Geithner should explain what taxpayers gained by accepting units from American International Group Inc. in exchange for reducing the insurer's debt by $25 billion, Senator Chuck Grassley said.
"Exch...
DATE: Dec 04, 2009
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NEW YORK (Reuters) - Comcast Corp struck a deal to buy a majority stake in NBC Universal from General Electric Co, creating a media superpower that would control not just how television shows and movies are made, but how they are delivered to the hom...
DATE: Dec 04, 2009
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Exploring new ways to help young people find careers in the Island's insurance industry is high on the agenda of incoming Bermuda Foundation for Insurance Studies (BFIS) president and chairman Michael Fisher.
Since being founded in 1996, BFIS has pro...
DATE: Dec 04, 2009
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AUTHOR:
Jonathan Kent
Argus Group Holdings Ltd. followed up its impressive financial results of a $12.2 million profit for the six months to September 30, 2009 with a busy day's trading on The Bermuda Stock Exchange (BSX), yesterday.
The insurer traded 1,000 shares to ope...
DATE: Dec 04, 2009
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NEW YORK (AP) — Bank of America Corp. plans to repay its $45 billion in government bailout funds in the next few days, a move that will help the troubled bank recruit a new CEO.
The bank said in a statement it would use available cash and raise $18.8...
DATE: Dec 04, 2009
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Rebounding financial markets helped Argus Group Holdings Ltd. achieve a $12.2 million profit for the six months ended September 30 this year — a $54 million swing from the loss the company suffered in the same period last year.
A $10.2 million increa...
DATE: Dec 04, 2009
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AUTHOR:
Jonathan Kent
Bermuda-based Bacardi Ltd. has been certified as operating in accordance with the world's most recognised standards for quality, environment, and health and safety.
The largest privately held spirits company in the world is the first of its kind to a...
DATE: Dec 04, 2009
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Retailers are waiting to see what Christmas holds in store for them this year after reporting positive sales over the past couple of months.
Somers Cooper, managing director of A.S. Cooper & Sons, said trade started to pick up in October, gathering p...
DATE: Dec 04, 2009
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