49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Reuters) - American International Group Inc, left with deep financial scars from losses on guarantees it wrote to cover mortgage-linked securities, is expected to sell off assets, including a profitable aircraft leasing arm, the Wall Street...
DATE: Sep 15, 2008
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A book was published last week that I haven't read, and in fact wouldn't dream of reading. But I did read a review, which prompted a really good financial idea that I thought I might pass on.
The book is called "The Necklace: Thirteen Women and the E...
DATE: Sep 13, 2008
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If the entire globe adopted the same currency overnight, two things would happen: the trillion dollar-a-day foreign currency market would vaporise, along with the profits of thousands of banks and investment firms. Currency swings in values have got ...
DATE: Sep 13, 2008
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If you're thinking the stocks of Fannie Mae and Freddie Mac are bargains that may regain their highs of the glory days — be very careful. You may not win this bet.
I've seen it before, the stock of a troubled but venerable public company that once tr...
DATE: Sep 13, 2008
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Q. Does it look like my good fortune with my H.J. Heinz Co. shares will continue? — F.C., via the Internet
A. Frozen potatoes and soy sauce have never looked so good.
The global producer and marketer of packaged foods, led by strong gains of those tw...
DATE: Sep 13, 2008
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Yesterday was a day for falling share prices on the Royal Gazette/Bermuda Stock Exchange with all nine companies that were traded losing value. Overall the BSX fell 112.20 (down 2.58 percent) to close at 4,334.45.
Bermuda Press (Holdings) Ltd. suffer...
DATE: Sep 13, 2008
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LONDON (Reuters) — Trade unions attacked British government plans to make utilities cut their customers energy use rather than pay a windfall tax on profits, while analysts said it was a sensible long-term solution to high energy prices.
The Energy R...
DATE: Sep 12, 2008
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LONDON (AP) — Shares in Britain's BG Group PLC jumped yesterday after Brazil's state-run oil company said prospective production from its Iara oilfield would be higher than first expected, apparently confirming the massive hydrocarbon potential of th...
DATE: Sep 12, 2008
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The Bank of Bermuda has confirmed its status as the highest-rated bank on the Island after maintaining its positive AA-/Stable/A-1+ credit rating assigned by Standard and Poor's (S&P).
In assigning the rating, S&P noted the bank's, "excellent credit ...
DATE: Sep 12, 2008
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The Royal Gazette/Bermuda Stock exchange fell 31.24 (0.70 percent) yesterday with BELCO and Argus Group taking small hits.
Argus saw 12,100 shares traded for an overall decline of $0.50 (3.44 percent), taking its share price to $14, while BELCO share...
DATE: Sep 12, 2008
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