49296 results returned for search: "" category ("Other" AND "Business")
LONDON - Britain's leading shares closed 1.1 percent higher, supported by gains in banks and miners, after better-than-expected economic growth from the US boosted investor sentiment.
The FTSE 100 closed 57.3 points higher at 5,137.72, reversing earl...
DATE: Oct 30, 2009
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Endurance Specialty Holdings Ltd. swung to profit as its net income rose above $150 million for the third quarter of 2009.
The insurer reported net income of $153.8 million and $2.51 per share for the third quarter versus a net loss of $99.4 million ...
DATE: Oct 30, 2009
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CHICAGO (Reuters) - US farmers struggling to seed their wheat crop will likely reap an insurance cheque rather than sow in less-than-ideal conditions, analysts and agronomists said.
Farmers with prevented planting insurance can receive up to 60 perce...
DATE: Oct 30, 2009
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NEW YORK (Bloomberg) — XL Capital Ltd. chief executive officer Michael McGavick said he is "mystified" by other insurers' rates for coverage and will maintain disciplined underwriting rather than cut prices to unprofitable levels.
"We watch some of t...
DATE: Oct 30, 2009
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DALLAS (AP) - The lawyer tracking down money lost in what authorities say was a massive Ponzi scheme run by R Allen Stanford says he hopes to gain control of more than $1.5 billion that would be then returned to jilted investors.
Court-appointed rece...
DATE: Oct 30, 2009
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Butterfield Bank's common shares rose five cents (1.25 percent) on The Bermuda Stock Exchange (BSX) yesterday.
A total of 8,158 shares were traded to close at $4.05.
Overall the Index increased 8.74 points (0.42 percent) to 2,113.97, with 8,158 share...
DATE: Oct 30, 2009
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WASHINGTON (Reuters) - The US government has served subpoenas on wealthy individuals in recent days in the New York area, targeting those who may have evaded taxes using offshore accounts at Swiss bank UBS AG, lawyers said.
The lawyers believe the su...
DATE: Oct 30, 2009
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TORONTO (Reuters) - Toronto's main stock index finished 2.5 percent higher yesterday after four days of triple-digit losses as strong US data raised expectations that the world's biggest economy was on the mend.
The rise in the market was "in tow wit...
DATE: Oct 30, 2009
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NEW YORK (Reuters) - Lawyers for Rajakumara Rajaratnam, the billionaire founder of Galleon hedge fund accused of insider trading, said the US government's case is weak and they were confident of winning any trial, according to a letter filed in court...
DATE: Oct 30, 2009
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NEW YORK (AP) - A judge in New York challenged the government to prove that jailed financier Bernard Madoff's former finance chief is a valuable co-operator on Wednesday, implying he may only be pretending to help prosecutors in the hopes of garnerin...
DATE: Oct 30, 2009
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