49296 results returned for search: "" category ("Other" AND "Business")
COLUMBUS, Ohio (AP) — Five years after the worst blackout in North American history, the US's largest power providers say the problems that turned out the lights on 50 million people have largely been resolved, but they fear that larger, systemic iss...
DATE: Aug 14, 2008
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Bermuda-based satellite service provider Intelsat Ltd. boosted its revenue by more than $40 million, but made a net loss of $82 million during the third quarter.
The company reported revenue of $584.9 million for this quarter, up from $543.2 million ...
DATE: Aug 14, 2008
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The Royal Gazette/Bermuda Stock Exchange Index (BSX) remained unchanged for the second time this week.
The Index saw only 2,000 shares in Bermuda Aviation Services Ltd. and five shares in Belco Holdings Ltd. change hands during the day, but no shares...
DATE: Aug 14, 2008
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TORONTO (Reuters) - The Toronto Stock Exchange's main index rose more than one percent yesterday after four successive days of losses as the heavyweight resource sectors benefited from strong commodity prices.
A $3 gain in oil prices propelled the be...
DATE: Aug 14, 2008
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NEW YORK (AP) - Wall Street ended an erratic day yesterday with a lop-sided loss, as blue chip stocks bore the brunt of investors' concerns over the health of the financial sector. The Dow Jones industrials fell more than 100 points, but the other ma...
DATE: Aug 14, 2008
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NEW YORK (Bloomberg) — The credit crisis is "broad, deep, and global" and "far from over" for financial companies even after they reported $500 billion in write-downs and credit losses, Merrill Lynch & Co.'s chief investment strategist said.
"Investo...
DATE: Aug 14, 2008
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Inflation continued to run above four percent for the fourth straight month driven by a rising rental sector, according to the latest figures released by Government.
The Consumer Price Index (CPI) by the Department of Statistics revealed that the inf...
DATE: Aug 14, 2008
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NEW YORK (Bloomberg) — American International Group Inc., the biggest US insurer by assets, may raise $20 billion in a worst-case scenario to reduce future write-downs tied to sub-prime mortgages, said Sanford Bernstein analyst Todd Bault.
The capita...
DATE: Aug 14, 2008
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NEW YORK (Bloomberg) — Money manager Bill Miller ploughed more money into the financial-services industry, disclosing that his Legg Mason Opportunity Trust acquired stakes in Bermuda-based bond insurer Assured Guaranty Ltd. and Freddie Mac.
The $4.5 ...
DATE: Aug 13, 2008
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Let's look back for a minute at what we have covered in the last 30 weeks or so...We looked at young people's use of computers, Internet, chat rooms, email, instant-messaging, cellphones, gaming consoles and finally social network sites...We looked d...
DATE: Aug 13, 2008
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