49296 results returned for search: "" category ("Other" AND "Business")
Anyone would think all the capital build-up over the past two years is burning a hole in the pocket of ACE, judging by its sudden end-of-year flurry to make a few acquisitions.
Only days after revealing its $2.4 billion move to purchase AON's Combine...
DATE: Dec 21, 2007
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Bermuda-registered Foster Wheeler, in a joint venture led by a subsidiary of its Global Engineering and Construction Group, has been awarded an engineering, procurement, and construction management contract by Woodside Burrup for the onshore portion ...
DATE: Dec 21, 2007
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WASHINGTON (Dow Jones/AP) — The Federal Communications Commission has approved a $16.4 billion deal in which satellite company Intelsat Holdings will become privately owned.
Intelsat Holdings is the parent company of Intelsat, the world's largest pro...
DATE: Dec 21, 2007
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WASHINGTON (PRNewswire) - The following has been issued by the Democratic National Committee:
Sliding in the polls and struggling to overcome his image as a serial flip-flopper, the New York Times reports that smooth talking Mitt Romney is trying to...
DATE: Dec 21, 2007
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Storm clouds continue to gather above XL Capital, Bermuda's second biggest insurer and reinsurer, after one of the leading rating service company's placed a negative outlook on the company's financial and credit ratings.
Another investor service also...
DATE: Dec 21, 2007
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AUTHOR:
Scott Neil
Lines Overseas Management has vowed to fight charges of securities fraud filed by the United States Securities and Exchange Commission, claiming they are "legally and factually unsound" and are part of a "longstanding pattern of harassment against LO...
DATE: Dec 21, 2007
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CONCORD, New Hampshire (AP) - Lawyers who won a class action suit against Tyco International and Pricewaterhouse Coopers will be awarded 14.5 percent of the $3.2 billion settlement, plus nearly $29 million in expenses, a judge has ordered.
In an orde...
DATE: Dec 21, 2007
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Arch Insurance Group, a member of Arch Capital Group, has completed its acquisition of Aon's managing general underwriter Wexford Underwriting Managers.
Arch Insurance entered into an agreement with Wexford Underwriting Managers on the first day of t...
DATE: Dec 21, 2007
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AUTHOR:
Scott Neil
Max Capital Group has inicreased its authorised share repurchase programme by $50 million, which takes its current outstanding authorisation to $75.3 million.
The Bermuda-based company said it may use up to $50 million of its authorisation to enter i...
DATE: Dec 21, 2007
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AUTHOR:
Scott Neil
It proved to be another quiet day on the Royal Gazette/Bermuda Stock Exchange (BSX) yesterday, with only one company changing its share price.
MediaHouse Ltd. - eight percent PFD dropped 50 cents (11.1 percent) to close down at $4, with 266 shares tr...
DATE: Dec 21, 2007
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