49296 results returned for search: "" category ("Other" AND "Business")
Belco Holdings Ltd. was the big winner on The Royal Gazette/Bermuda Stock Exchange Index (BSX) last week, seeing its share price climb by a total of 85 cents (4.22 percent) to close up at $21.
The utilities firm also traded 3,119 shares, while BF&M L...
DATE: Feb 11, 2008
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Shares of Bermuda-based Omega Insurance have risen sharply since the company announced it was in takeover talks with several bidders.
On Thursday, Omega's shares, which are listed on the London Stock Exchange, rose 11 percent and they climbed another...
DATE: Feb 11, 2008
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Bermuda-based specialty insurance and reinsurance provider Quanta Capital Holdings Ltd. has signed an agreement to divest all of its interests at Lloyd's to Lloyd's insurance underwriters Chaucer Holdings Plc.
Quanta's subsidiary Quanta 4000 Holding ...
DATE: Feb 11, 2008
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Efforts by major countries to bully offshore financial centres out of business are "hypocritical and misguided", according to a leading advocate of tax competition.
"Tax competition is a powerful force for good economic policy," United States-based e...
DATE: Feb 11, 2008
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NEW YORK (Bloomberg) — State Farm Mutual Automobile Insurance Co., the largest US home and auto insurer, said it received claims from at least 2,500 policyholders related to the tornadoes that struck the US this week.
The claims are from Tennessee an...
DATE: Feb 11, 2008
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LOM (Holdings) Ltd. has announced its intention to acquire listed securities pursuant to a repurchase programme, according to the Bermuda Stock Exchange (BSX).
In view of the disparity between the current share price and the current book value of sha...
DATE: Feb 11, 2008
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SAN FRANCISCO (AP) — Unshaken by a two-year losing streak, Yahoo Inc. is poised to take its biggest gamble yet by rejecting Microsoft Corp.'s unsolicited bid to buy the slumping Internet icon for $44.6 billion.
Yahoo's board decided to spurn the take...
DATE: Feb 11, 2008
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NEW YORK (Bloomberg) — Allstate Corp. and Progressive Corp. are leading the push by US auto insurers to raise premiums in at least 20 states as the $160 billion industry moves to end two years of price reductions.
Insurers say they need higher prices...
DATE: Feb 11, 2008
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TORONTO (Reuters) - Americans are knee-deep in an election campaign. Canadians, meanwhile, are testing the waters.
That kind of alignment usually signals a bonanza for North American stocks, especially those listed in Toronto. But this year looks to ...
DATE: Feb 11, 2008
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NEW YORK (Reuters) - Another gruelling week for Wall Street could be in store, even as some see value among the wreckage wrought so far this year as fretful investors remain jumpy over prospects for the economy and wary of more trouble at bond insure...
DATE: Feb 11, 2008
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