49296 results returned for search: "" category ("Other" AND "Business")
Bermuda-based Bison Insurance Company Ltd. has been affirmed the financial strength rating of A- (excellent) and issuer credit rating of "a-" by AM Best Co. The outlook for both ratings is stable.
The ratings reflect Bison's historically adequate cap...
DATE: Nov 23, 2009
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The Cayman Islands Government has proposed the reintroduction of a 25-year Direct Investment Certificate for private individuals seeking to invest in the local economy, according to Cayman Net News.
The paper said that Premier McKeeva Bush, who was s...
DATE: Nov 23, 2009
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The Bermuda Stock Exchange was little changed last week, despite some large swings in the share values of several local issuers.
Bermuda Commercial Bank Ltd. was the biggest winner, gaining a whopping 47.1 percent, as it climbed $2.40 to $7.50 on low...
DATE: Nov 23, 2009
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NEW YORK (Bloomberg) — The dollar rose against most of its major counterparts and posted its first weekly gain versus the euro in November as investors sold shares and bought short-term Treasuries to guard against losses before year-end.
The yen gain...
DATE: Nov 23, 2009
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The future of the Hamiltonian Hotel and Island Club Ltd. could be decided as soon as next month after a court hearing concerning the case was adjourned to December 18.
In a Supreme Court hearing in August, owners of the Pembroke resort were given thr...
DATE: Nov 23, 2009
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NEW YORK (Reuters) - US stocks could sputter next week as volumes dry up in holiday-shortened trading and with a slew of economic reports likely to illustrate the recovery is still fragile.
Investors will also get a glimpse of how holiday shopping co...
DATE: Nov 23, 2009
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TORONTO (Bloomberg) — Canada's currency registered its first weekly decline this month amid speculation that a rally in higher-yielding assets such as stocks may have gone too far to be sustained.
The Canadian dollar fell against 13 of its 16 most-tr...
DATE: Nov 23, 2009
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Equities in emerging markets were badly mauled when stocks tanked last year. Investors were dumping riskier assets, raising cash and heading for safety. The reason for selling off this previously-prized asset category was less to do with a sound asse...
DATE: Nov 23, 2009
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West Hamilton Holdings Ltd. saw its profits drop by $2,273 for the six months to September 30, 2009, while revenue was down marginally from 2008 to $708,648.
In the interim report to shareholders over this period, which was approved at a board meetin...
DATE: Nov 23, 2009
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Bermuda-based Queen's Island Insurance Company Ltd. has been assigned a financial strength rating of A+ (superior) and issuer credit rating of "aa-" by AM Best Co. The outlook assigned to both ratings is stable.
The ratings mainly reflect the support...
DATE: Nov 23, 2009
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