49296 results returned for search: "" category ("Other" AND "Business")
In the financial markets, fear is a more potent emotion than greed. And we are currently witnessing the presence of widespread fear. This is making itself felt in a beaten up stock market and the flight to what are considered safe-haven assets. But p...
DATE: Mar 09, 2009
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NEW YORK (Reuters) - The dollar slid versus the euro on Friday, as investors locked in gains and pared back safe-haven trades on the greenback, emboldened by US payrolls data showing job losses were less severe than many had feared.
The euro/dollar p...
DATE: Mar 09, 2009
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OTTAWA (Bloomberg) - The Canadian Auto Workers (CAW) union said it reached a tentative agreement with General Motors Corp. (GM) to freeze wages and pensions until 2012 and force workers and retirees to pay a monthly health-care fee in an effort to re...
DATE: Mar 09, 2009
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BRUSSELS (Bloomberg) - Fortis chairman Jozef De Mey said he expects shareholders to approve a new agreement for BNP Paribas SA to buy Fortis's former banking units in Belgium and Luxembourg and take a stake in the insurance business.
"We do feel rela...
DATE: Mar 09, 2009
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The Royal Gazette/Bermuda Stock Exchange Index (BSX) slipped 100.33 points (3.7 percent) to 2,704.3 last week.
The Index traded 26,920 shares worth $249,634.50 throughout the week.
The biggest movers and shakers were KeyTech Ltd., which fell 22.7 per...
DATE: Mar 09, 2009
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CHICAGO (Bloomberg) - Tyco International Ltd.'s ADT division, the world's biggest provider of security systems, cut 500 jobs in its North American operations because of lower demand from retail and commercial customers.
The cuts represent about two p...
DATE: Mar 09, 2009
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TORONTO (Reuters) - Toronto's key stock index ended at its lowest closing level in five years on Friday, as early strength credited to a better-than-expected US jobs report faded, replaced by fears about the severity of the economic downturn.
The ind...
DATE: Mar 09, 2009
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Butterfield Bank's preferred stock, set to be guaranteed and/or purchased by Government, could prove to be an attractive proposition to investors.
That is the view of LOM's latest Research Update on Butterfield Bank Group, which was published in the ...
DATE: Mar 09, 2009
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Q. I am disappointed with my Microsoft Corp. shares. What are the prospects? - RC, via the Internet
A. The world's largest software company must cope with a world in recession. A slowdown in personal computer sales, frustration in the Internet search...
DATE: Mar 07, 2009
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We will get to the feedback on last week's column on cats and dogs in a moment, but first I want to comment on some curious responses to other articles I have written recently. In the past 10 days, I have been hammered by people who feel that I am to...
DATE: Mar 07, 2009
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