49296 results returned for search: "" category ("Other" AND "Business")
Bermuda could be set to get more economical electricity thanks to newly-unveiled plans by Renewable Energy Holdings (REH), an AIM-listed British investor and operator of renewable energy technologies, and Bermuda-based Triton Renewable Energy to supp...
DATE: Aug 06, 2008
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Not a single stock was traded on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The Index closed at 4,576.05, while the BSX Insurance Index closed at 974.5, up 12.91 points.
DATE: Aug 06, 2008
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NEW YORK (Bloomberg) - Global Crossing Ltd., the telecommunications provider that survived one of the biggest US corporate bankruptcies, said its second-quarter loss narrowed on an increase in sales, sending its shares up as much as 9.7 percent in Na...
DATE: Aug 06, 2008
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NEW YORK (Bloomberg) - Before credit markets from New York to London seized up a year ago, investment-grade companies could sell record amounts of debt in days. It took Tyco Electronics Ltd. treasurer Mario Calastri 12 months to complete the bond sal...
DATE: Aug 06, 2008
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NEW YORK (AP) - It is easy to understand the appeal of Apple Inc.'s iPod Nano music and video player: It is slim and simple to use, and it has a crisp two-inch LCD screen. Its brand name is considered synonymous with hip tech gear.
But what if you wa...
DATE: Aug 06, 2008
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TORONTO (Reuters) - The Toronto Stock Exchange's main index slumped nearly two percent yesterday, battered by tumbling resource shares that followed commodity prices lower.
Weak prices for oil and gold set the tone early in the day with the index tum...
DATE: Aug 06, 2008
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Butterfield Bank yesterday announced a loss of $16.5 million for the second quarter, resulting from combined losses totalling $50 million on a write-down in the value of mortgage-backed investments and support of its Money Markets Fund.
Butterfield c...
DATE: Aug 06, 2008
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AUTHOR:
Jonathan Kent
Bermuda-based CastlePoint Holdings Ltd. will be bought out by Tower Group Inc. for $490 million.
The acquisition will help Tower diversify its business, expand in high-margin segments and streamline operations in both companies.
CastlePoint sharehold...
DATE: Aug 06, 2008
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NEW YORK (Bloomberg) - Ambac Financial Group Inc. and MBIA Inc., the bond insurers that lost their top credit ratings and saw their shares plunge more than 80 percent, may report a third straight quarterly loss as the mortgage-related debt they guara...
DATE: Aug 06, 2008
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DATE: Aug 05, 2008
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