49296 results returned for search: "" category ("Other" AND "Business")
–SAN FRANCISCO (AP) - Yahoo Inc. spurned Microsoft Corp.'s $44.6 billion takeover bid as inadequate yesterday, betting that it can elicit a higher offer from the world's largest software maker or find another way to deliver a comparable pay-off to it...
DATE: Feb 12, 2008
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NEW YORK (Reuters) - American International Group Inc disclosed potential losses in its derivatives portfolio, raising fears it would become the latest casualty of the credit crisis and pushing its shares down almost 12 percent to a five-year low.
AI...
DATE: Feb 12, 2008
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TORONTO (Reuters) - Robust resource shares, buoyed by climbing oil and gold prices, pushed the Toronto Stock Exchange's main index higher yesterday.
The S&P/TSX composite index closed up for the third day in a row, gaining 141.58 points, or 1.09 perc...
DATE: Feb 12, 2008
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Arch Capital Group followed the general trend of Bermuda's insurance companies, with its profits holding up well for the fourth quarter 2007 and increasing over the whole year.
The insurance and reinsurance company posted a net income of $234.4 milli...
DATE: Feb 12, 2008
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NEW YORK (AP) - Wall Street finished higher in an uneasy session yesterday as retail and homebuilders stocks rose on expectations for more interest rate cuts, but banks and insurers fell on worries about further mortgage debt troubles.
The Federal Re...
DATE: Feb 12, 2008
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Retail sales in the run-up to Christmas achieved their lowest growth since 2001, according to the latest statistics released by Government, as retailers said December's general election was a major factor in weakened spending.
The Retail Sales Index ...
DATE: Feb 12, 2008
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Butterfield Bank was the top trader on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The Bank saw its share price rise by 30 cents (1.8 percent) to close up at $17.40, with 21,815 shares traded.
But, BF&M Ltd. dropped 25 cents (1.2 ...
DATE: Feb 12, 2008
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TOKYO (AP) — The world's leading economies pledged on Saturday to work together to secure stability in volatile markets but brushed off the idea of a single uniform remedy for the Group of Seven industrialised nations.
A joint statement, issued at th...
DATE: Feb 11, 2008
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DALLAS (AP) — The Delta-Northwest combination inching toward completion would create a new world leader, leapfrogging American Airlines and the Air France-KLM tandem in passenger traffic, but would also likely trigger a chain reaction of other deals,...
DATE: Feb 11, 2008
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NEW YORK (Bloomberg) — Before you can say "Barack Obama is president of the United States", the economy will be growing faster again.
That forecast is based on the rise in the five-year Treasury yield from its lowest level relative to two- and 10-yea...
DATE: Feb 11, 2008
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