49296 results returned for search: "" category ("Other" AND "Business")
Bermuda Press (Holdings) Ltd. was the main trader on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The media company dropped $1 (7.69 percent) to close at $12, with 3,000 shares traded.
Butterfield Bank also saw 2,402 shares change ...
DATE: Jan 15, 2009
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Phoenix Stores Ltd. plans to open a new Dockyard pharmacy aimed principally at gaining trade from cruise ship passengers.
The company's chief executive officer George Grundmuller said the target opening date for the new store, at 7 Camber Road in the...
DATE: Jan 15, 2009
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AUTHOR:
Jonathan Kent
Bermuda-based reinsurer Platinum Underwriters Holdings, Ltd. announced yesterday it has increased its loss estimate from Hurricane Ike by approximately $60 million to a total estimate of approximately $165 million, net of reinstatement premiums and t...
DATE: Jan 15, 2009
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XL Insurance, the global insurance arm of XL Capital Ltd., has recruited Robert Finelli from Bermuda rival Arch to be its energy underwriting manager for the Americas.
At Arch Insurance Group Mr. Finelli was senior vice-president for Technical Risk a...
DATE: Jan 15, 2009
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TORONTO (Reuters) - Nortel Networks Corp , North America's biggest telephone equipment maker, filed for bankruptcy yesterday, hoping to save a once high-flying business whose decade-long decline has accelerated with the global economic crisis.
The fi...
DATE: Jan 15, 2009
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NEW YORK (AP) - Volatility is reasserting itself in the stock market. A darkening outlook for companies from banks to retailers to energy producers pummeled Wall Street yesterday, sending the Dow Jones industrials down nearly 250 points, or 2.94 perc...
DATE: Jan 15, 2009
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LONDON (Reuters) - HSBC Holdings is likely to halve its dividend and may need to raise up to $30 billion in a rights issue, according to leading analysts, sending shares in Europe's biggest bank to a seven-year low.
Morgan Stanley slashed its earning...
DATE: Jan 15, 2009
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BF&M Ltd. was the big mover on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The insurer saw its share price rise 10 cents (0.58 percent) to $17.10, with 800 shares traded.
But Bermuda Aviation Services Ltd. (BAS) and KeyTech Ltd. d...
DATE: Jan 14, 2009
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In response to last week's column on technological change through out the generations, I received an e-mail from a reader asking for advice.
"Let me know if there is any book you can suggest that is simple but deals with basic stuff," he writes. "Mos...
DATE: Jan 14, 2009
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Car buyers flocked to snap up the bargains at HWP's first ever year-end sale, held in Hamilton, proving that there is still a big market for new vehicles in Bermuda despite the current economic crisis.
The clearance sale of the auto dealer's end of y...
DATE: Jan 14, 2009
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