49296 results returned for search: "" category ("Other" AND "Business")
LONDON - The FTSE 100 of Britain's leading shares ended down 1.9 percent and touched a near one-month low after subprime lending worries and a sell-off in US markets hit shares.
The FTSE ended 125.7 points lower at 6,498.7.ROUNDUP:EUROFIRSTEUROPE - E...
DATE: Jul 25, 2007
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NEW YORK (Bloomberg) — Bermuda-based Security Capital Assurance Ltd. shares fell the most since the bond insurer went public in August as second-quarter profit declined 29 percent on losses from investments in derivatives.Net income declined to $25.9...
DATE: Jul 25, 2007
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Everest Re's improved second-quarter profits of $282.9m came despite the company suffering catastrophe losses of $70.4m, with the bulk resulting from flooding in England and Australia.
The company is expecting to pay out $25m in relation to floods th...
DATE: Jul 25, 2007
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AUTHOR:
Scott Neil
IF you are an information technology (IT) worker, then you'd better hurry and get that security certificate, fast.Your co-workers certainly are. With companies finally getting around to realising that network security is a business critical issue, mo...
DATE: Jul 25, 2007
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Butterfield Bank yesterday reported record quarterly net income of $35.9 million and announced a three-for-one share split to take place next month.
Profits were up 6.1 percent for the three months from April through June compared to the same period ...
DATE: Jul 25, 2007
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AUTHOR:
Jonathan Kent
TORONTO (Bloomberg) — Canada's main stock index fell the most in more than three years, after Canadian Pacific Railway Ltd. followed larger rival Canadian National Railway Co. in reporting a drop in profit, and said the rising Canadian dollar poses a...
DATE: Jul 25, 2007
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A pricing war could be sparked in the wake of the launch of Logic Communications Ltd.'s latest internet service deal.
Logic's deal will see existing customers on the 1Mbps contract upgraded to 2Mbps, with the price being slashed by $10 down to $99.95...
DATE: Jul 25, 2007
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LONDON (AP) — Vodafone Group PLC shareholders voted yesterday against plans by a rebel investor group to overhaul the company by spinning off its majority stake in US-based Verizon Wireless and massively increasing its debt.Shareholders overwhelmingl...
DATE: Jul 25, 2007
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Bermuda's insurance and reinsurance giant Ace Ltd. has recorded a 13 percent rise in its second quarter profits to $649 million, despite suffering catastrophe losses of $88m as a result of floods in the UK, US and Australia.
The catastrophe losses ar...
DATE: Jul 25, 2007
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AUTHOR:
Scott Neil
Platinum Underwriters Holdings Ltd. announced a mixed bag of results for its second quarter, with net income on the increase, but net premiums written down.
Net income rose $8.9 million (10.9 percent) compared to the same quarter last year, while the...
DATE: Jul 25, 2007
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