49296 results returned for search: "" category ("Other" AND "Business")
Net income: $27.6 million compared to a net loss of $8.8 million in 2008
Combined ratio: 98.6 percent compared to 106.2 percent in 2008
DATE: Nov 03, 2009
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NEW YORK (Bloomberg) - Raj Rajaratnam, the Galleon Group hedge fund founder accused of directing an elaborate insider- trading ring, told a judge he is being treated worse than Bernard Madoff and asked that his bail be slashed by three-quarters to $2...
DATE: Nov 02, 2009
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TORONTO (Reuters) - Buyers of Canadian banks, utilities, property firms and some retailers look set to become long-term winners if the country's currency - as many predict - resumes its recent rally to top the US dollar in value.
But manufacturers, i...
DATE: Nov 02, 2009
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Peter Martin has resigned as resident representative of the New Castle Market Neutral Offshore Fund Ltd., the Bermuda Stock Exchange (BSX) announced on Friday.
Mr. Martin, a partner at Mello Jones and Martin, resigned as a director of the fund, effec...
DATE: Nov 02, 2009
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NEW YORK (Reuters) - The US economy has been kick-started into growth but stock investors still face an uncertain outlook as Wall Street gears up for comments from the Federal Reserve and a key report on employment this week.
The Fed's policy stateme...
DATE: Nov 02, 2009
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NEW YORK/WASHINGTON (Reuters) - US securities investigators raised repeated concern over how Bernard Madoff could be running an honest business, but never followed through on the many red flags they uncovered.
Hundreds of documents released on Friday...
DATE: Nov 02, 2009
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ASCHAFFENBURG, Germany (Reuters) - The German hedge fund manager arrested this week in a widening fraud probe may be a big shot who met the Pope in a private audience and keeps a jet at Frankfurt airport, but he is a mystery to his neighbours.
Helmut...
DATE: Nov 02, 2009
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Bermuda-based White Mountains Insurance Group Ltd. swung to profit and increased its book value by seven percent in the third quarter, despite falling premium revenues.
The group, which includes insurance operations OneBeacon and Esurance, as well as...
DATE: Nov 02, 2009
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AUTHOR:
Jonathan Kent
Bermuda-based Intelsat Ltd. announced that it was the successful bidder in last Thursday's public auction for the Protostar 1 satellite with a $210 million, all cash offer.
The seller Protostar, also based in Bermuda, put the satellite up for auctio...
DATE: Nov 02, 2009
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AUTHOR:
Jonathan Kent
Banking, utilities and the consumer sector proved to be the busiest on The Bermuda Stock Exchange (BSX) last week.
Butterfield Bank saw its preference and common shares drop $5 (0.4 percent) and five cents (1.2 percent) respectively, while LOM (Holdi...
DATE: Nov 02, 2009
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