49296 results returned for search: "" category ("Other" AND "Business")
Bermuda is about to become only the sixth market in the world where the new Heineken Premium Light beer will be on sale.
Beverage supplier and retailer Burrows Lightbourn Ltd. will stock the product, which is described as having similar quality to re...
DATE: Jul 20, 2009
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AUTHOR:
Jonathan Kent
General Electric Co.'s (GE) second-quarter profit was sliced nearly in half, the company said on Friday, as the recession drove down earnings at its finance unit and smothered demand for its wide-ranging industrial goods.
Although earnings beat Wall ...
DATE: Jul 20, 2009
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Bermuda bond reinsurer Ram Holdings Ltd.'s first-quarter loss narrowed to $1.9 million, the company announced on Friday.
Ram suffered huge losses linked to the decline in value of the bonds it reinsures, especially mortgage-backed securities, during ...
DATE: Jul 20, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
DALLAS (AP) - A federal judge on Friday dismissed a civil insider trading lawsuit against Dallas Mavericks owner Mark Cuban.
While granting Mr. Cuban's motion, US District Judge Sidney A Fitzwater gave the Securities and Exchange Commission (SEC) 30 ...
DATE: Jul 20, 2009
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NEW YORK (Bloomberg) - Reinsurance rate increases are below expectations as the US economy prompts insurers to cut purchases and American International Group Inc. offers "competitive" prices to keep customers, FBR Capital Markets said.
"The economic ...
DATE: Jul 20, 2009
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NEW YORK (Bloomberg) - Syncora Holdings Ltd. said its financial guarantee subsidiary, Syncora Guarantee Inc., completed most of the steps of its restructuring, wiping out $6 billion of losses on mortgage-backed securities.
Syncora expects to be in co...
DATE: Jul 20, 2009
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NEW YORK (Reuters) - Earnings are set to take centre stage again this week as more marquee US companies line up to report their quarterly scorecards and investors decide whether to keep pushing stocks higher.
Investors will turn their attention to ho...
DATE: Jul 20, 2009
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TORONTO (Reuters) - With unemployment at an 11-year high, oil prices half what they were a year ago and consumer confidence fragile, corporate Canada is set for a steep drop in profits this reporting season.
But at a time when weak commodity prices a...
DATE: Jul 20, 2009
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NEW YORK, (Reuters) - The dollar rose on Friday, recovering from steep losses earlier in the week, as mixed US corporate earnings raised some concern about the economy and enhanced the greenback's safe-haven appeal.
US data showing construction of ne...
DATE: Jul 20, 2009
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Will they get what you wanted them to get? Or, will there be endless bickering, resentment and hostility?
Nothing generates these emotions like the passing of a parent, especially if Mom loved you best.
It is time again for the annual rant about gett...
DATE: Jul 18, 2009
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