49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (AP) — A downgrade of bond insurer Ambac Financial Group Inc. is likely to have far-reaching effects, making it more difficult for US cities to issue new bonds and forcing further write-downs at financial services companies, analysts say.
Af...
DATE: Jan 21, 2008
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Watlington Waterworks Ltd. was the biggest climber on The Royal Gazette Bermuda Stock Exchange Index last week, jumping 7.69 percent.
The utilities company's share price rose from $13 to $14 on the sale of 300 shares over the five days of trading.
Th...
DATE: Jan 21, 2008
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The shares of Bermuda insurer and reinsurer XL Capital Ltd. plunged to their lowest level in almost eight years on Friday, after shedding 22 percent of their value in the space of two days.
But having dipped to $39.52 by the time the markets closed o...
DATE: Jan 21, 2008
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AUTHOR:
Jonathan Kent
Focus on good news, focus on what you can control. Even with the bad, there is always a thread of good. Capital markets continue their standard deviation swings away from the mean — one minute ramping up based upon news of profits on one stock; then,...
DATE: Jan 19, 2008
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Q: Will my shares of Charles Schwab Corp. have a good year, or should I be worried? — F.L., via the Internet
A: The brand name of this diversified financial-services company, with $1.446 trillion in client assets, continues to be strong, thanks large...
DATE: Jan 19, 2008
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NEW YORK (AP) - Wall Street ended a painful week with another decline yesterday as skittish investors unable to hold on to much optimism about the economy drew little comfort from President Bush's stimulus plan.
The day's trading reflected how fracti...
DATE: Jan 19, 2008
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I was hoping not to be drawn into this, but I have been. Some Bermuda bloggers have stopped blogging, because, they argue, taking an opposing view is counter-productive. I completely disagree, and I am not about to stop calling 'em as I see 'em.
What...
DATE: Jan 19, 2008
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TORONTO (Bloomberg) - Canada's main stock index had its worst weekly drop in seven years, after US President George Bush's stimulus plan failed to relieve investor concern that the world's biggest economy will slip into recession.
Royal Bank of Canad...
DATE: Jan 19, 2008
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Butterfield Bank ended a turbulent week dropping five cents to close down at $17.65 on the Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The Bank traded 5,800 shares throughout the day.
Overall, the Index finished down 7.99 points (0.17...
DATE: Jan 19, 2008
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Now that there's no denying that the US economy is badly shaken, the presidential candidates are highlighting their ideas on how to fix things.
If you are like me, you probably just roll your eyes when you hear their lofty plans that involve everythi...
DATE: Jan 19, 2008
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