49296 results returned for search: "" category ("Other" AND "Business")
ZURICH (Bloomberg) — Insurance companies are ripe for consolidation through private equity acquisitions, said Alfred Gantner, chairman of Partners Group, a Swiss manager of buyout and hedge funds."Insurance companies can become targets of private equ...
DATE: May 25, 2007
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NEW YORK (AP) — Wall Street ended an erratic session little changed yesterday as investors upbeat about the latest round of takeover activity remained hesitant to take the market higher ahead of new economic data.While stocks moved sideways, Treasury...
DATE: May 23, 2007
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NEW YORK (AP) — You will not lose weight in your sleep or shed pounds (kilograms) while eating anything you want — that's the sobering message from the maker of a weight loss pill poised to hit shelves next month.GlaxoSmithKline opened an educational...
DATE: May 23, 2007
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Insurance group BF&M saw its first quarter profits jump just over $1.5 million in the opening three months of 2007 compared to the same period a year ago.
The decision to expand into overseas markets, such as Barbados, has been attributed to much of ...
DATE: May 23, 2007
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AUTHOR:
Scott Neil
Just five months after Bermuda-based Ironshore Insurance opened its doors as a primary insurer focused on property catastrophe lines, its parent company Ironshore Inc. is getting very busy.
In the first quarter, the company set up Ironshore Reinsuran...
DATE: May 23, 2007
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AUTHOR:
Jonathan Kent
LONDON (Reuters) — British Airways said it has decided to join a group bidding for Spanish airline Iberia led by private equity firm Texas Pacific Group.TPG and its partners have already made an indicative bid worth [EURO]3.4 billion ($4.6 billion) f...
DATE: May 23, 2007
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BOSTON (AP) — Office supply retailer Staples nudged its profit guidance lower saying that the pressure to cut costs among consumers and businesses could slow already sluggish US sales.The forecast came as Staples reported profits rose 12 percent in t...
DATE: May 23, 2007
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LONDON — Britain's leading share index fell nearly 0.5 percent yesterday as gloom in heavyweights such as GlaxoSmithKline and Marks & Spencer outweighed gains in BT Group, which sparkled on bid talk.The FTSE 100 closed down 30.2 points, or 0.46 perce...
DATE: May 23, 2007
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NEW YORK (AP) — High-definition TV sets are big sellers these days, and no wonder, since the picture can be amazing.But a lot of people seem to care more about how cool the flat panels look on the wall than what the picture looks like: It's common to...
DATE: May 23, 2007
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WASHINGTON (Reuters) — The 2007 Atlantic hurricane season will be active with 13 to 17 named storms, seven or 10 of which are expected to become hurricanes, the US government's top climate agency predicted yesterday.Of the seven to 10 hurricanes fore...
DATE: May 23, 2007
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