49296 results returned for search: "" category ("Other" AND "Business")
Bermuda Telephone Company (BTC) has chosen multinational telecommunications equipment manufacturer Nortel to provide voice, data and multimedia services to its users, according to a report by online publication IP Communications.
Nortel will implemen...
DATE: Jul 30, 2008
|
CATEGORY:
Other
|
Argus Group Holdings Ltd. boosted its share price by 75 cents (5.35 percent) to $14.75 on The Royal Gazette/Bermuda Stock Exchange Index yesterday.
The insurance company also traded 1,000 shares throughout the day.
But Butterfield Bank fell 45 cents ...
DATE: Jul 30, 2008
|
CATEGORY:
Other
|
MediaHouse reported almost $4 million in profits despite a decline in Bermuda's economy.
Yesterday the company released its directors' report for the six-month period ending March 31, 2008.
President and CEO Randy French said: "Mirroring the positive...
DATE: Jul 30, 2008
|
CATEGORY:
Other
|
Allied World Assurance Company Holdings opened a new office in Atlanta, Georgia.
It was opened to expand distribution within the Southeast region of the US.
The Atlanta office will serve as a distribution point for Allied World Brokerage, a recently ...
DATE: Jul 30, 2008
|
CATEGORY:
Other
|
The amount of Bermuda Dollar notes and coins in circulation over the Cup Match weekend jumped almost six percent to $131.7 million, the Bermuda Monetary Authority reported today.
In 2007, there was a total of $124.3 million at the same period last ...
DATE: Jul 30, 2008
|
CATEGORY:
Other
|
Front Street has long been the hub of activity in the heart of Hamilton's shopping centre. But one of Bermuda's best known and loved streets has fallen on hard times recently. Alex Wright takes a look at what is happening today among traders and behi...
DATE: Jul 30, 2008
|
CATEGORY:
Other
|
Bermuda-domiciled Dominion Petroleum has paid out £2.5 million to its former finance director Carlo Seidel to compensate him for loss of office and his legal costs, according to independent news website SmallCapNews.
The settlement sum is more than 1...
DATE: Jul 29, 2008
|
CATEGORY:
Other
|
XL Capital Ltd. said last night its second-quarter profit plunged 57 percent on catastrophe claims and costs related to its bond insurer affiliate Security Capital Assurance (SCA).
Second-quarter net income was $237.9 million, or $1.34 a share, compa...
DATE: Jul 29, 2008
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Bermuda-based Security Capital Assurance Ltd. (SCA) has agreed to pay $500 million to Merrill Lynch & Co. Ltd. in exchange for the investment bank cancelling $3.5 billion in credit default swaps and ending its litigation against the bond insurer.
As ...
DATE: Jul 29, 2008
|
CATEGORY:
Other
|
RenaissanceRe Holdings Ltd. held a hurricane forum in Rhode Island.
The Northeast Hurricane Mitigation Leadership Forum was held in Newport and was co-sponsored by RenaissanceRe's affiliate, WeatherPredict Consulting Inc., non-profit organisation Fed...
DATE: Jul 29, 2008
|
CATEGORY:
Other
|
