49296 results returned for search: "" category ("Other" AND "Business")
Bermuda Commercial Bank (BCB) plunged 43 percent on a negative week for the Bermuda Stock Exchange (BSX).
The Royal Gazette/BSX Index plunged 84.87 points, or 3.7 percent, to close the week on a two-month low of 2,283.06.
BCB dipped $4.15 to close on...
DATE: Oct 12, 2009
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NEW YORK (Reuters) - The stock market is set to continue its winning ways in the coming week as momentum builds during earnings season.
The latest quarterly reporting period is off to a strong start, but this week will be crucial to hopes that revenu...
DATE: Oct 12, 2009
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Bermuda Commercial Bank Holdings Ltd. has announced that its listing of more than 100 million shares has been approved by the board of directors of the Trinidad and Tobago Stock Exchange.
Listing of the 103,642,984 ordinary shares of no par value eac...
DATE: Oct 12, 2009
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TORONTO (Reuters) - Early-stage Canadian potash companies may have room to extend their healthy rally this year, given the prospect of takeovers by established miners or emerging market players hungry for supply.
But investors will need to cherry-pic...
DATE: Oct 12, 2009
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Bermuda's Continental Gold Ltd. is set to acquire Canadian junior mineral explorer Cronus Resources Ltd. through a reverse take over, according to a report by The Canadian Press.
Cronus shareholders will own a 13-percent stake in the amalgamated comp...
DATE: Oct 12, 2009
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LONDON (Bloomberg) — Prices for insuring corporate clients will probably rise over the next three years as bankruptcies and claims costs increase in the wake of the credit crisis, insurers such as Zurich Financial Services AG and Allianz SE said.
"Ra...
DATE: Oct 12, 2009
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NEW YORK (Bloomberg) — Hedge funds have been buying equities on speculation third-quarter profits will spur further gains after global shares rallied 68 percent since March, according to Credit Suisse Group AG.
The funds have "significantly increased...
DATE: Oct 12, 2009
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DALLAS (Bloomberg) — R. Allen Stanford, the Stanford Group Co. founder accused of leading a $7 billion investor-fraud scheme, can use corporate insurance policy proceeds to pay his defence lawyers, a judge ruled.
US District Judge David Godbey of Dal...
DATE: Oct 12, 2009
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NEW YORK (Bloomberg) — The dollar fell for the first time in three weeks against the euro as calls for a "strong" US currency failed to reassure investors concerned the government and Federal Reserve will accept declines in the greenback.
Traders shi...
DATE: Oct 12, 2009
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An examination of the data flow points to a continuation of the global economic recovery. And in the near term, the trend is likely to be sustained because of the unwillingness of authorities to withdraw stimulative policy measures. However, further ...
DATE: Oct 12, 2009
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