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The Royal Gazette / Bermuda Stock Exchange was virtually unchanged on the last day of the trading week.
The Index slipped 8.15 points (0.17 percent) to close yesterday at 4,749.29.
LOM (Holdings) Ltd. was the only issue to advance, climbing five cent...
DATE: Jun 21, 2008
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Assured Guaranty Corp.'s AAA financial strength and financial enhancement ratings have been affirmed by Standard & Poor's Ratings Services (S&P).
The Bermuda-based holding company which provides credit enhancement products to the municipal finance, s...
DATE: Jun 20, 2008
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1 Mark Watson
Argo Group
$15,036,696
Mr. Watson, one of the youngest international business CEOs in Bermuda at the age of 44, was paid a salary of $945,219 in 2007 and walked away with a $1.4 million bonus. During the course of 2007 he also received ...
DATE: Jun 20, 2008
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NEW YORK (Bloomberg) - VistaPrint Ltd., the Internet supplier of graphics and printed products, rose the most in seven weeks in US trading after Goldman, Sachs & Co. analyst Jennifer Watson placed the stock on its "Conviction Buy" list.
VistaPrint cl...
DATE: Jun 20, 2008
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TORONTO (Reuters) - The Toronto Stock Exchange's main index tumbled almost two percent yesterday, as a sharp drop in the price of oil pulled energy shares lower and new inflationary fears also weighed on the market.
Eight of the 10 main groups of the...
DATE: Jun 20, 2008
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NEW YORK (Reuters) - US stocks rose yesterday as a drop in oil prices fueled investor optimism about consumer spending, driving shares of transportation and retailers sharply higher.
US oil prices tumbled 3.5 percent to $131.93 a barrel on the prospe...
DATE: Jun 20, 2008
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WASHINGTON (Bloomberg) - US regulators are planning how to let investment banks retain access to Federal Reserve loans if the central bank shuts an emergency programme in September, two government officials said.
Federal Reserve Chairman Ben Bernanke...
DATE: Jun 20, 2008
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Butterfield Bank was the only mover on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The bank saw its share price rise five cents (0.32 percent) to $15.55, with 12,800 shares traded.
The only other trader was KeyTech Ltd., which saw...
DATE: Jun 20, 2008
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NEW YORK (Bloomberg) - MF Global Ltd., the derivatives broker that's lost $2.8 billion in market value this year, plummeted 41 percent in New York after saying lower interest income and higher expenses will reduce net revenue this quarter to less tha...
DATE: Jun 20, 2008
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The sub-prime mortgage crisis still has about half its course to run, according to an executive director of investment bank Morgan Stanley.
Speaking at the Bermuda Captive Conference yesterday, Christopher Rasmussen warned that the wave of payment de...
DATE: Jun 20, 2008
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AUTHOR:
Jonathan Kent
