49296 results returned for search: "" category ("Other" AND "Business")
American Safety Insurance Holdings Ltd. enjoyed a successful second quarter with a 57 percent increase in net earnings, in the face of a soft market impacting on premium growth.
Earnings rose from $4.6 million or $0.62 per diluted share this time las...
DATE: Jul 31, 2007
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NEW YORK (AP) Wall Street found a foothold yesterday as investors, still anxious that a credit crunch could crimp US growth, took advantage of low prices after last week's steep losses. The Dow Jones industrial average surged more than 90 points.
Som...
DATE: Jul 31, 2007
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The June and July floods that gripped parts of the UK could cost insurers between £2.25 billion ($4.55bn) and £3.25 bn ($6.58bn) in total, according to latest estimates by Risk Management Solutions (RMS), the world's leading provider of expertise, pr...
DATE: Jul 31, 2007
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Trading remained stable on the Royal Gazette/Bermuda Stock Index (BSX) yesterday, opening and closing with no change on 5,334.53.
$416,659 worth of shares changed hands, with all 6,510 shares traded by Butterfield Bank as their share price closed on ...
DATE: Jul 31, 2007
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NEW YORK (Bloomberg) Investors are preparing to snap up shares of telephone, health-care and computer companies after last week's $2.1 trillion global stock market rout left US equities the cheapest in 16 years.
"The window for buying is starting to ...
DATE: Jul 30, 2007
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NEW YORK (AP) After the huge debacle the stock market suffered last week, it's hard to know what earnings or economic data being released this week might actually comfort Wall Street.
As the market tries to recover from its worst week in nearly five ...
DATE: Jul 30, 2007
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The banks proved to be the biggest movers and shakers on the Royal Gazette/Bermuda Stock Exchange Index (BSX) last week.
Bermuda Commercial Bank Ltd. enjoyed a 6.98 percent (75 cents) increase in its share value, closing at $11.50, as 2,500 shares we...
DATE: Jul 30, 2007
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LONDON (Bloomberg) Griffin Mining Ltd., a Bermuda-based mining company, completed the sale of £75 million ($153 million) of shares to Citadel Equity Fund Ltd.
Griffin sold 68 million shares at £1.10 each, the company said in a statement distributed b...
DATE: Jul 30, 2007
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LONDON (Bloomberg) Bermuda-based Sealift Ltd., a company that converts ageing crude-oil tankers into rig transporters, plans to sell shares to the public and list them on the Oslo stock exchange.
The share sale and listing will take place before the ...
DATE: Jul 30, 2007
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new york (Bloomberg) The dollar advanced the most against the euro since January as subprime losses encouraged investors to avoid riskier assets and repatriate money.
The US currency increased more than two cents from a record low against the euro an...
DATE: Jul 30, 2007
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