49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) — Ambac Financial Group Inc. and MBIA Inc. shares fell on Friday, along with other bond insurers, as Morgan Stanley said the industry may face a "downward spiral" and Goldman Sachs removed its "buy" rating on the two companies.
M...
DATE: Nov 05, 2007
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Two weeks ago was National Save for Retirement Week in the United States. The occasion is not celebrated with the fervour of Christmas or Halloween, but then saving is a more sombre process than consuming or scaring.
NSfRW is more than just a week wh...
DATE: Nov 03, 2007
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BF&M reached a 52-week high share price of $20 yesterday, helping to edge the Bermuda Stock Exchange upwards.
The insurer regained all the ground it lost on Thursday and more, as it climbed 50 cents (2.6 percent) on the trading of 2,000 shares.
BF&M ...
DATE: Nov 03, 2007
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This is the first part of a four- part composite case series:
1. Coping with Life Changes
2. Settling up: Facing Financial Reality
3. A New Beginning; Life can still be good
4. Tradition is Out: You must plan for your future now, Man or No Man
Sudden...
DATE: Nov 03, 2007
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BF&M Ltd. was the only mover on the Bermuda Stock Exchange (BSX) yesterday, slipping by 2.3 percent.
The insurer's share price slipped 45 cents from its 52-week high of $19.95 to finish the day on $19.50, as 5,000 of shares traded.
Butterfield Bank's...
DATE: Nov 02, 2007
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There appears to be little for insurers and reinsurers to worry about in the wake of the largest earthquake to strike the San Francisco Bay area for almost 20 years.
The moderate earthquake struck a rural area about nine miles northeast of San Jose, ...
DATE: Nov 02, 2007
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AUTHOR:
Scott Neil
NEW YORK (Bloomberg) — The risk of owning US corporate debt rose as consumer confidence fell more than forecast and home prices dropped the most in at least six years, trading in credit-default swaps shows.
The CDX North America Investment Grade Seri...
DATE: Nov 02, 2007
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NEW YORK (AP) — Wall Street plunged yesterday, pulling the Dow Jones industrial average down more than 360 points as investors found themselves confronted by two uncomfortable prospects: an end to interest rate cuts and a slowing economy.
Mindful of ...
DATE: Nov 02, 2007
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Former Governor of Bermuda Sir John Vereker has been appointed to the board of directors of Bermuda-based insurer XL Capital Ltd.
Sir John, who retired as Governor in October after holding the post since 2002, had previously been the UK's Permanent S...
DATE: Nov 02, 2007
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The Bernhard Schulte Group, which has an operations office in Bermuda, together with Sloman Neptun Schiffahrts-Aktiengesellschaft, Intrepid Shipping and Algoma Central Corporation have agreed to establish a new product/chemical tanker joint venture t...
DATE: Nov 02, 2007
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