49296 results returned for search: "" category ("Other" AND "Business")
Bermuda Commercial Bank surged 22 percent during the week it announced an annual profit of $5.16 million. The bank's stock price rose $2 to $11 on the trading of 400 shares.
BCB's profit, for the fiscal year ending September 30, 2008, was 13 percent ...
DATE: Nov 17, 2008
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Former AIG head Maurice R. "Hank" Greenberg doesn’t think much of the
government’s original bailout; worries about his former employees but believes
there's still a glimmer of hope. BestWeek’s David Dankwa interviews.
Current C.V. Starr and former Am...
DATE: Nov 17, 2008
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NEW YORK (Bloomberg) — The yen rose, marking weekly gains against the dollar and the euro, as signs of a deepening global economic slump prompted investors to pare holdings of higher-yielding assets funded in Japan.
Japan's currency also climbed last...
DATE: Nov 17, 2008
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new york (Bloomberg) — Leon Cooperman's Omega Advisors Inc. increased its stake in business insurer XL Capital Ltd. in the third quarter as the Bermuda-based company was racking up a loss of $1.62 billion.
Omega, the hedge-fund manager based in New Y...
DATE: Nov 17, 2008
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Sir John Swan will be the keynote speaker at The Bermuda Human Resource Association's (BHRA) 30th Anniversary Annual General Meeting at the Fairmont Hamilton Princess hotel tomorrow.
Sir John, who was recently voted Bermuda's most admired business le...
DATE: Nov 17, 2008
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NEW YORK (Bloomberg) — American International Group Inc., the insurer that got a $150 billion bailout from the US federal government, is ending deferred compensation plans and paying employees from the funds ahead of schedule to retain staff.
Many AI...
DATE: Nov 17, 2008
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NEW YORK (Reuters) - Wall Street will struggle to avoid a third straight week of losses as investors face another flood of earnings and data, including PPI and CPI, that are likely to signal a prolonged economic slowdown.
Encouraging news will probab...
DATE: Nov 17, 2008
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Scarcely a day goes by without news of more trouble in the hedge-fund world. The industry is downsizing like never before. Hedge funds grew like mushrooms in the years after the 2001-2002 stock market correction. Individual and institutional investor...
DATE: Nov 17, 2008
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Got back to Bermuda earlier this week, just in time to attend an insurance conference, so I haven't had much of a chance to prepare anything for you. Luckily, some readers commented on last week's piece about how long people may stay in the UK or US ...
DATE: Nov 15, 2008
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Health care stocks aren't quite as ill as the rest of the stock market in 2008. People want to be well and live longer no matter what the state of the economy, so the demand for the majority of health care products and services continues unabated.
In...
DATE: Nov 15, 2008
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