49296 results returned for search: "" category ("Other" AND "Business")
Bermuda Commercial Bank Ltd. - warrants dropped more than half of its share value on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The bank saw its share price fall $2.75 (52.4 percent) to close on $2.50, with 2,500 shares traded.
B...
DATE: Apr 05, 2008
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Q: Why haven't my shares of PepsiCo Inc. continued upward this year as usual? — F.W., via the Internet
A: Rising commodity costs and declining domestic sales of carbonated drinks are challenges for the global beverage and food producer.
Items such as...
DATE: Apr 05, 2008
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Anyone trying to make sense out of the day-to-day swings in US stocks this year has to look back seven decades for a precedent. The earlier performance ought to hearten those anticipating a rally later this year.
Yesterday marked the 62nd day of trad...
DATE: Apr 05, 2008
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Construction companies and furniture sellers will be able to better manage the shipping of their goods into Bermuda, claims the man behind a new distribution service which operates out of Chicago.
Independent Freight International, which is based in ...
DATE: Apr 04, 2008
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Bermuda-based investment company Invesco is set to grow into one of the world's leading investment companies, according to research carried out by William Blair and Co.
Invesco redomiciled on the Island from the UK last year and changed its primary s...
DATE: Apr 04, 2008
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XL Insurance, the global insurance operation of XL Capital Ltd., has named Bernard Horovitz to be chief underwriting officer of its Global Professional lines of business.
Mr. Horovitz will report to John Glancy, chief underwriting officer.
Mr. Horovi...
DATE: Apr 04, 2008
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NEW YORK (AP) - Stocks managed to notch a modest gain yesterday, with Wall Street cautious ahead of today's jobs report but hopeful that the global financial system is on the mend.
Federal Reserve chairman Ben Bernanke told Congress yesterday the Fed...
DATE: Apr 04, 2008
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NEW YORK (AP) - Nordic American Tanker Shipping Ltd. said it expects to report first-quarter earnings that are "appreciably higher" than the fourth quarter and will more than double its dividend, because of stronger-than-expected vessel rates in the ...
DATE: Apr 04, 2008
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Bermuda's construction industry is not overheating because several proposed developments will fail to come to fruition, according to the president of the Construction Association of Bermuda.
Association head Alex DeCouto said it was a common misconce...
DATE: Apr 04, 2008
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NEW YORK (AP) - PMA Capital Corp. agreed to sell a book of insurance policies that went into run-off - or policies in lines of business the insurer no longer underwrites - for $20 million, the company said.
PMA Capital has reinsurance and excess and ...
DATE: Apr 04, 2008
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