49296 results returned for search: "" category ("Other" AND "Business")
HOUSTON (Bloomberg) — The receiver in the US Securities and Exchange Commission's lawsuit against R. Allen Stanford asked a federal judge to approve the sale of a yacht, the Sea Eagle, which the financier bought in 1998 for $3.9 million.
"The yacht r...
DATE: Sep 24, 2009
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DALLAS (Bloomberg) — H. Ross Perot Jr. said he began talking "chairman to chairman" with Michael Dell two years ago, relying on an old family friendship, before agreeing to Dell Inc.'s $3.9 billion buyout offer for Perot Systems Corp.
Perot and his f...
DATE: Sep 24, 2009
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MUNICH (Bloomberg) — Allianz SE, Europe's biggest insurer by market value, will remove its shares from exchanges in New York, London, Milan, Paris and Switzerland because more than 95 percent of trading occurs in Germany.
Allianz told the New York St...
DATE: Sep 24, 2009
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NEW YORK (Bloomberg) — Zurich Financial Services AG, Switzerland's largest insurer, has increased prices for North America businesses to compensate for a drop in investment income.
As interest payments from bonds, or yields, decline, "we need to make...
DATE: Sep 24, 2009
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Willis (Bermuda) Ltd. managing director Vince McGeehan has moved to assure Bermuda's business community that the company will continue its operations on the Island, despite plans to move its global headquarters to Ireland.
The Royal Gazette reported ...
DATE: Sep 24, 2009
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HSBC Investment Solutions has announced the de-listing of its UK equity fund from the Bermuda Stock Exchange (BSX).
The bank said it had ceased accepting subscriptions to the fund and that the fund would close on October 5, 2009, with the BSX grantin...
DATE: Sep 24, 2009
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LONDON - Britain's leading share index closed lower as falling commodity prices stung oil firms and miners while investors stayed cautious ahead of the conclusion of a US Federal Reserve policy meeting. The FTSE 100 closed at 5,139.37 points, down 3....
DATE: Sep 24, 2009
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NEW YORK (Bloomberg) — MBIA Inc. and Ambac Financial Group Inc., the two largest bond insurers, surged to their highest levels in almost 11 months on Tuesday.
MBIA rose $1.48, or 22 percent to $8.24 as of 4.15 p.m. in New York Stock Exchange composit...
DATE: Sep 24, 2009
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NEW YORK (Bloomberg) — Verisk Analytics Inc., the supplier of actuarial data co-owned by property-casualty insurers including Travelers Cos. and CNA Financial Corp., plans to raise as much as $2.06 billion in an initial share sale that could be the l...
DATE: Sep 24, 2009
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The economic slump is a "bloodbath" for retailers – especially for those dependent on the tourism sector, one leading retailer said yesterday.
Ronnie Maughan, director of operations of the Maughan Group, which runs the English Sports Shop, described ...
DATE: Sep 24, 2009
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