49296 results returned for search: "" category ("Other" AND "Business")
TORONTO (Reuters) - The Toronto Stock Exchange's main index closed sharply lower yesterday, as investors locked in profits after the previous session's big gains, amid weak commodity prices and fears for the health of the US economy.
Financial shares...
DATE: Nov 02, 2007
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A little piece of Bermuda in Canada - that is what Butterfield Bank's financial services operation in Halifax, Nova Scotia is all about.
The bank set up its fund administration centre to support the main business in Bermuda and the Cayman Islands rig...
DATE: Nov 02, 2007
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PRAGUE (Bloomberg) — Central European Media Enterprises, which operates television stations in eastern Europe, posted a third-quarter loss as the weaker dollar made its euro- denominated debt more expensive.
The loss was $18.8 million, compared with ...
DATE: Nov 02, 2007
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WASHINGTON (Dow Jones/AP) — A US Senate bill extending a federal terrorism insurance backstop seven years would increase the federal deficit by $5.1 billion over the next decade, according to the Congressional Budget Office.
The budget score could ca...
DATE: Nov 02, 2007
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Wondering where next to put their billions of dollars of investment asset, hedge fund managers and other delegates in Bermuda had their heads turned towards India earlier this week.
They were told about its mostly "young and vibrant" 1.2 billion peop...
DATE: Nov 02, 2007
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AUTHOR:
Scott Neil
Butterfield Bank bought 219,775 shares at an average price of $19.76 during October, the bank has informed the Bermuda Stock Exchange. The shares are to be held in treasury.
There were no shares bought back and cancelled during October.
DATE: Nov 02, 2007
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Having nudged up its third quarter profit by just over $3 million to $131.4 million, Endurance Specialty Holdings is anticipating good things for the remainder of 2007 and 2008 in light of its impending acquisition of US crop insurance business ARMte...
DATE: Nov 02, 2007
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AUTHOR:
Scott Neil
Selling the company's private plane for $18 million helped W. P. Stewart & Co's bottom line during the third quarter but could not disguise a disappointing three months for the company as it continues its major "turnaround programme."
The Bermuda-hea...
DATE: Nov 02, 2007
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AUTHOR:
Scott Neil
Codrington Partners Limited, a leading international provider of software for electronic payment systems, has, through an announcement to the Bermuda Stock Exchange, announced the appointment of Darren Rennick as president.
Mr. Rennick began his empl...
DATE: Nov 01, 2007
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AUTHOR:
Scott Neil
NEW YORK (AP) — Wall Street bounded higher after the Federal Reserve assuaged some of investors' fears about a sinking economy, stating that risks to the financial markets from the summer's credit crises have eased. The Dow Jones industrial average g...
DATE: Nov 01, 2007
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