49296 results returned for search: "" category ("Other" AND "Business")
PartnerRe put their record third quarter results - an expectation-beating $27.1 million increase - down to having a strong business book, superior underwriting and a bit of good luck.
Speaking at their conference call Patrick Thiele, president and CE...
DATE: Oct 24, 2007
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NEW YORK (Reuters) - Cooper Industries, which makes electrical products and tools, reported a higher quarterly profit yesterday, citing international demand and a boost from recent acquisitions.
Net earnings rose 34 percent to $171.9 million, or 93 c...
DATE: Oct 24, 2007
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JetBlue Airways shares rose more than five percent after the low-cost carrier reported its first third-quarter profit in two years as it added planes and packed them fuller with passengers.
But the carrier also said it will pull out of two cities and...
DATE: Oct 24, 2007
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Bermuda insurance giant XL Capital's profits fell by more than $50 million due mainly to losses on investments during a tough third quarter period.
XL reported net income of $371.6 million for the quarter compared to $425.9 million for the same perio...
DATE: Oct 24, 2007
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The Royal Gazette/Bermuda Stock Exchange Index (BSX) advanced 7.96 points (0.16 percent) to close at 5,093.88 yesterday.
A total of 1,600 shares worth $30,440 were traded throughout the day.
BF&M Ltd. were the only company to see any change as their ...
DATE: Oct 23, 2007
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Bermuda-based Ironshore has entered the specialty construction sector with the launch of its IronBuilt division.
The new division, which is under the direction of industry veteran and company president Joe George, is based near Boston and offers cons...
DATE: Oct 23, 2007
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Amlin has appointed the former chief executive officer of Farmers Group, Martin Feinstein as an independent non-executive director.
He will take his new post with effect from December 1.
“Marty Feinstein was an outstanding CEO of Farmers, one of the ...
DATE: Oct 23, 2007
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PartnerRe was first out of the starting blocks in Bermuda with its third quarter results, which last night showed a healthy $27.1 million jump in profit to $262.9 million for the past three months.
CEO and president Patrick Thiele noted there had bee...
DATE: Oct 23, 2007
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AUTHOR:
Scott Neil
Zoom Airlines have quashed rumours it will stop running flights to Bermuda, with the launch of a new schedule for May to October 2008 expected in the next 10 days.
Jonathan Hinkles, managing director of Zoom Airlines, claimed the low cost airline was...
DATE: Oct 23, 2007
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LONDON (Bloomberg) — BC Partners has won European Union approval to buy Intelsat, the world's biggest commercial-satellite operator.
BC Partners, a buyout firm based in London, agreed to acquire 76 percent of the company for $5.03 billion in June. Th...
DATE: Oct 23, 2007
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