49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) — Bermuda-based Excel Maritime Carriers Ltd., which bought rival Quintana Maritime Ltd. for $2.45 billion, said first-quarter profit more than tripled amid higher rates for shipments of iron ore and coal.
Net income advanced to $...
DATE: May 20, 2008
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NEW YORK (Bloomberg) — Banks and securities firms, reeling from record losses resulting from the collapse of the mortgage securities market, are failing to acknowledge in their income statements at least $35 billion of additional write-downs included...
DATE: May 20, 2008
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NEW YORK (AP) — Wall Street ended mixed yesterday after weakness in the technology sector punctured some of the market's enthusiasm over a report that suggested the economy could still be growing.
But comments from memory chip maker SanDisk Corp. abo...
DATE: May 20, 2008
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YTB International, Inc. a provider of internet-based travel booking services for travel agencies and home-based independent representatives in Bermuda, the US and several other countries reported a net loss of $3.5 million for the first quarter of th...
DATE: May 20, 2008
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BOSTON (Reuters) - Microsoft Corp. has proposed to buy Yahoo Inc.'s search business and take a minority stake in the web pioneer, stopping short of a full-out merger, a person familiar with the discussions said yesterday.
As part of the deal, Yahoo w...
DATE: May 20, 2008
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Work permit time limits have not led to the exodus of foreign workers from Bermuda that some had predicted, employment services expert Doug Soares told a conference in the Cayman Islands last week.
But Mr. Soares, a partner at Bermuda employment serv...
DATE: May 19, 2008
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AUTHOR:
Jonathan Kent
Minister of Energy, Telecommunications and E-Commerce Terry Lister is looking to the sky for a new industry for Bermuda.
On Friday he announced Bermuda's first set of satellite regulations to the House of Assembly, establishing the method for operato...
DATE: May 19, 2008
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AUTHOR:
Owain Johnston-Barnes
LONDON (AP) — Shares in British Energy Group PLC rose more than five percent on Friday after the nuclear generator disclosed that it had received takeover bids higher than Thursday's closing share price.
The revelation boosted speculation of a biddin...
DATE: May 19, 2008
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TALLAHASSEE, Florida (AP) — Allstate Corp.'s subsidiaries can resume selling new car insurance and other policies in Florida after the insurer turned over documents showing how it sets homeowners rates, the state said on Friday.
Insurance Commissione...
DATE: May 19, 2008
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LOS ANGELES (AP) — "The Chronicles of Narnia: Prince Caspian" dethroned "Iron Man" as ruler at the box office, pulling down $56.6 million, according to studio estimates yesterday.
The Walt Disney Co.'s action sequel took in less domestically in its o...
DATE: May 19, 2008
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