49296 results returned for search: "" category ("Other" AND "Business")
WASHINGTON (Reuters) — You don't need a calculator to tell you the simultaneous crumbling of the stock, bond and real estate markets has dealt a blow to your retirement plans.
Those carefully fed 401(k)s and Individual Retirement Accounts are a shado...
DATE: Oct 18, 2008
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TORONTO (Bloomberg) - Canadian stocks rose, pushing the main index toward its biggest weekly gain in six years, as energy companies advanced on higher crude-oil prices and financial shares climbed on accounting rule changes.
EnCana Corp. led the rall...
DATE: Oct 18, 2008
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LONDON (Reuters) — London-listed insurer Catlin Group said it expected to take a $200 million hit from hurricanes Ike and Gustav.
In a statement, Bermuda-based Catlin said the figure was based on an estimate that the two storms, which swept through t...
DATE: Oct 18, 2008
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US Treasury Secretary Henry Paulson's big mistake was to cast his $700 billion financial rescue plan of the financial industry as a bailout.
He did so because it was, and remains, a bailout. The trouble is it won't work. The math doesn't track and th...
DATE: Oct 18, 2008
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A quick question: What is the capital of Iceland? Answer: $74.25.
Because of the financial crisis, I had to make a mercy dash to the UK last week, to help Gordon Brown, the British Prime Minister, avoid making a series of catastrophic mistakes.
Unfor...
DATE: Oct 18, 2008
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The week closed on a downward trend with the insurance, utilities and media sectors taking a big hit on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
Argus Group Holdings Ltd. fell $1 (8.33 percent) to $11, with 3,000 shares traded,...
DATE: Oct 18, 2008
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NEW YORK (AP) - Wall Street ended a tumultuous two-week run relatively quietly yesterday, finishing another back-and-forth session mixed as investors were cheered by signs of easing in the credit markets and managed to absorb lacklustre economic news...
DATE: Oct 18, 2008
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TORONTO (Bloomberg) - Canadian stocks fell a second day as commodity producers and financial shares slid with resource prices and reports showed the economy is deteriorating.
Barrick Gold Corp. dropped to a 13-month low as the price of the metal slum...
DATE: Oct 17, 2008
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NEW YORK (Bloomberg) — Chubb Corp., the insurer of businesses and high-end homes, said third-quarter earnings fell by more than half on costs from hurricanes and investment losses.
Net income was 70 cents to 74 cents per share, the Warren, New Jersey...
DATE: Oct 17, 2008
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NEW YORK (Bloomberg) - Chubb Corp., the insurer of businesses and high-end homes, halted its securities-lending programme and said third-quarter earnings fell by more than half on costs from hurricanes and investment losses.
Net income was 70 cents t...
DATE: Oct 17, 2008
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