49296 results returned for search: "" category ("Other" AND "Business")
According to reports in the media, banks are set to pass the US government's stress tests on how well they would fare if the recession deepens. Whether or not the story is the result of a deliberate leak, somehow we suspected all along that the exami...
DATE: Apr 13, 2009
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NEW YORK, (Reuters) - If Wells Fargo's strong first-quarter preliminary performance is any sign, stocks could rally further this week on any reassuring news when three other big banks post quarterly results.
The earnings season starts in earnest, wit...
DATE: Apr 13, 2009
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Bermuda reinsurer Validus Holdings Ltd. has filed a proxy document detailing why it believes fellow shareholders of fellow Island company IPC Holdings Ltd. should not approve an agreement to merge with Max Capital Group Ltd.
Validus made its own $1.6...
DATE: Apr 13, 2009
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AUTHOR:
Jonathan Kent
Bermuda moved a step nearer to promotion from the OECD "grey list" as it reached agreement with The Netherlands on a tax information exchange agreement (TIEA) to be signed later this year.
The Island needs a minimum of 12 TIEAs to be considered for t...
DATE: Apr 13, 2009
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Cash, Cash and more Cash — Many choices, none of them alike! The structure of cash (and cash equivalents) is defined as any investment with a fixed value that is easy to buy and sell.
There was a time when cash was just cash. Not now. "Well there is ...
DATE: Apr 11, 2009
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NEW YORK (AP) — Stocks surged on Thursday ahead of the Easter holdiay to their highest levels in two months after banking giant Wells Fargo & Co. surprised the market with an early profit report that blew past analysts' expectations thanks to a stron...
DATE: Apr 11, 2009
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The Royal Gazette/Bermuda Stock Exchange Index (BSX) opened and closed at 2,008.64 on Thursday before the Easter break. The Index traded 12,324 shares worth $50,339.50.
The only trader was Butterfield Bank, which saw 12,324 shares change hands, but i...
DATE: Apr 11, 2009
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TORONTO (Reuters) - Toronto's main stock index closed 2.4 percent higher on Thursday, recording its fifth straight weekly gain, as financial issues got a lift from upbeat news from the US banking sector and higher oil prices boosted energy shares.
US...
DATE: Apr 11, 2009
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Last week's rant in this space on the G20 meeting in London produced several responses from readers.
One wrote: "It's (your) best column to date, the 'acute headache' opener notwithstanding."
Another said: "I write to congratulate you on your cynical...
DATE: Apr 11, 2009
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Here's one development to celebrate, even in the midst of a recession: The universe of web-based personal finance tools keeps expanding and improving. A slew of new and almost-new sites are designed to give consumers, investors and savers more contro...
DATE: Apr 11, 2009
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