49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Reuters) - By year end, American International Group Inc expects to have largely wound down a money-losing financial products unit that was the cause of its near-collapse last year, said Gerry Pasciucco, hired three months ago to oversee th...
DATE: Feb 16, 2009
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NEW YORK (Reuters) - With Wall Street veering close to the November bear market lows, the market is likely to be awash with caution this week as investors look for clarity on how the government plans to shore up banks, housing and the economy.
As a d...
DATE: Feb 16, 2009
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new york (Bloomberg) — Bermuda-based Sea Containers Ltd. said it transferred its maritime container interests to a new company and emerged from bankruptcy court in Delaware.
The new company, SeaCo Ltd., borrowed $127 million from units of Belgium's F...
DATE: Feb 16, 2009
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Effective Valentine's Day — today — you will no longer be able to get your FICO credit score from Experian, one of the three major credit bureaus.
The company notified Fair Isaac Corp., the firm that created the credit-scoring model most used by lend...
DATE: Feb 14, 2009
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Q. If Southwest Airlines Co. is so great, why haven't my shares done better? — L.C., via the Internet
A. The discount carrier lately has experienced some dubious firsts:
— It recorded its first quarterly net loss in 17 years in last year's third quar...
DATE: Feb 14, 2009
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If I have to hear one more word about stimulus packages and bailouts, I'm going to scream. I have kept my counsel until now, watching politicians around the world flailing about, but can remain silent no longer.
This is how I see it: the stimulus Bil...
DATE: Feb 14, 2009
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The Royal Gazette/ Bermuda Stock Exchange (BSX) index plunged 2.6 percent yesterday to close below 3,000 for the time time in more than five years yesterday.
Butterfield Bank, the largest domestic company by market capitalisation, fell 4.5 percent, o...
DATE: Feb 14, 2009
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Setting up a cash budget is a no-brainer for most people because it only has three components, and one rule. Cash in minus cash spent equals a decision tree about what to do with what is left. The rule is even simpler: if you don't have the cash in h...
DATE: Feb 14, 2009
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ENDURANCE Q4
REPORT CARD
Net income: $16.9 million compared to $152.5 million in 2007.
Combined ratio: 83.5 percent compared to 74.7 percent in 2007.
Gross premiums written: $235.6 million compared to $277.8 million in 2007.
Endurance Specialty Holdi...
DATE: Feb 13, 2009
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AUTHOR:
Jonathan Kent
LONDON (Reuters) - Britain's Financial Services Authority (FSA) is increasing the money it raises from companies by more than a third to pay for a tightening of its regulatory regime in response to the global banking crisis.
The FSA, funded by levies...
DATE: Feb 13, 2009
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