49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Reuters) — US stocks fell yesterday, as interest-rate concerns spurred investors to lock in profits from the market's spring rally.News that sales of new homes climbed at their fastest pace in 14 years signalled a slowdown in housing may ha...
DATE: May 25, 2007
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LONDON (Bloomberg) — Golar LNG Ltd., a Bermuda-based owner of liquefied natural gas tankers, posted a record quarterly profit after the sale of a ship it had on order.Net income rose to $53.3 million, or 81 cents a share, from $27.9 million, or 43 ce...
DATE: May 25, 2007
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LONDON - The FTSE 100 of Britain's leading shares ended down after insurers weighed and interest worries dragged several sectors lower, while Cable & Wireless (C&W) led telecoms up. The FTSE 100 ended down 51 points, or 0.77 percent, at 6,565.4, desp...
DATE: May 25, 2007
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ST. LOUIS (Bloomberg) — Betonsports Plc pleaded guilty to racketeering conspiracy and will face no further criminal prosecution as long as it cooperates with probes of former company officers including founder Gary Kaplan, the US said.Kaplan last wee...
DATE: May 25, 2007
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WASHINGTON (Reuters) — Sales of new US homes rose 16.2 percent in April, the sharpest climb in 14 years, while prices fell a record 11 percent, according to a government report yesterday that showed home builders taking extraordinary steps to move ho...
DATE: May 25, 2007
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LONDON (Bloomberg) — Bermuda-based Kiln Plc, a Lloyd's of London insurer, is bracing for hurricanes this year after wind-related claims crippled profit two years ago.
A relatively calm season allowed the company to increase net income in 2006 by seve...
DATE: May 25, 2007
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Amlin Bermuda, the Island reinsurance arm of Lloyd's insurer Amlin, yesterday reported premium income of $144.4 million for the first four months of this year — an increase of 26 percent over the same period in 2006 — and expressed confidence in pros...
DATE: May 25, 2007
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Bermuda-based Ironshore Insurance Ltd. announced yesterday it has been approved to write property, property catastrophe and casualty insurance on an excess and surplus basis for risks in Florida.
Ironshore, formed late last year and capitalised with ...
DATE: May 25, 2007
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Partner Re Ltd. yesterday announced that it has signed a definitive agreement with the French Monceau Group to acquire renewal rights for the international reinsurance business of Mutuelle Centrale de Reassurance (MCR), the reinsurance subsidiary of ...
DATE: May 25, 2007
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Lazard Ltd. on Wednesday said it agreed to buy a 50 percent stake in MBA Group, a Buenos Aires-based advisory firm. Financial terms were not disclosed. Lazard said the firm will be renamed MBA Lazard. MBA was founded in in 1981 and has offices in Arg...
DATE: May 25, 2007
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