49296 results returned for search: "" category ("Other" AND "Business")
NEW YROK(Bloomberg) — Maurice "Hank" Greenberg, the ousted chief executive officer of American International Group, fired back at AIG yesterday in a countersuit claiming the insurer's directors and managers are liable for inappropriate financial rest...
DATE: Jun 21, 2007
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NEW YORK (AP) — A surge in Treasury yields rattled Wall Street yesterday, forcing stocks to give up early gains and drive down the Dow Jones industrial average more than 140 points.The 10-year Treasury note's yield soared to 5.15 percent late Wednesd...
DATE: Jun 21, 2007
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There was no movement to Royal Gazette / Bermuda Stock Exchange as it stayed on 5,146.95 points with only two stocks active.
The biggest trade was 3,500 shares exchanged in Argus Group, which did not affect the closing price of $15. There was also 78...
DATE: Jun 21, 2007
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NEW YORK (AP) — Wall Street eked out small gains, as investors found solace in declining Treasury yields but remained subdued after Best Buy's lacklustre profit forecast and a drop in new home construction.The 10-year Treasury note's yield, which hit...
DATE: Jun 20, 2007
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LONDON - The FTSE 100 of Britain's leading shares ended down in thin trading as Tesco and a German investor confidence survey dragged the index deep into the red. The FTSE 100 closed 53.3 points, or 0.8 percent, down at 6,650.2.ROUNDUP:EUROFIRSTEUROP...
DATE: Jun 20, 2007
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June 19 (Bloomberg) — Shares of Frontline Limited, the world's biggest oil-tanker company by carrying capacity, were upgraded by Norwegian stockbroker Fondsfinans ASA on expectations OPEC will pump more oil, boosting shipping demand.Analysts led by A...
DATE: Jun 20, 2007
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No punches were thrown but the insurance market rivalry between Lloyds of London and Bermuda was given a going over by a number of key speakers at the inaugural Insurance Day Summit in Bermuda.
With a handful of Lloyds of London names having embraced...
DATE: Jun 20, 2007
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AUTHOR:
Scott Neil
JUNE 19 (BUSINESS WIRE) — Montpelier Re Holdings Limited has announced that it has received approval from Lloyd's for the commencement of trading on July 1 of a new Syndicate, to be known as Montpelier Syndicate 5151, pseudonym MRE.
The Syndicate wil...
DATE: Jun 20, 2007
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International business leaders in Bermuda are being urged to get involved in helping turn around the Island's failing public education system and give direct mentoring and guidance to young people through programmes such as Big Brothers Big Sisters.
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DATE: Jun 20, 2007
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AUTHOR:
Scott Neil
FLORIDA(Bloomberg) — Carnival Corp., the world's largest cruise operator, said second-quarter profit rose more than analysts estimated on increased demand for European travel.Net income climbed 2.6 percent to $390 million, or 48 cents a share, exceed...
DATE: Jun 20, 2007
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