49296 results returned for search: "" category ("Other" AND "Business")
DETROIT (Bloomberg) — General Motors Corp. shares were raised to "outperform" by Bear Stearns analyst Peter Nesvold, in part because of the sale of DaimlerChrysler AG's Chrysler.The sale of the US-based Chrysler unit to Cerberus Capital Management LP...
DATE: May 15, 2007
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When you invest some money, have a personal goal for that investment and don't worry yourself about how it compares to the investments of others.
That is the advice of Jack Brennan, chief executive officer of Vanguard, the biggest mutual fund provide...
DATE: May 15, 2007
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AUTHOR:
Jonathan Kent
Market capitalisation of Bermuda-registered Nordic American Tanker Shipping has topped $1 billion for the first time reflecting the growth in the company's fleet of tankers from four in 2004 to 12 at the end of last year.
It made a profit of $22 mill...
DATE: May 15, 2007
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AUTHOR:
Scott Neil
WASHINGTON (Bloomberg) — US airlines, which already share the sky with corporate jets, are pushing to share their tax burden too.President George W. Bush is proposing to cut the amount passenger carriers such as American Airlines and Continental Airl...
DATE: May 15, 2007
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Sales figures in Bermuda have rebounded after February's downswing, and for on-Island retailers the news gets better as the latest figures reveal residents spent less of their dollars overseas and more in Bermuda during March.
But a less rosy trend a...
DATE: May 15, 2007
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AUTHOR:
Scott Neil
Aspen Insurance Holdings CEO Chris O' Kane (pictured) will ring the closing bell at the New York Stock Exchange tomorrow to commemorate the five-year anniversary of the company's founding.
Mr. O' Kane will be joined by executives and guests of Aspen....
DATE: May 15, 2007
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DENVER (AP) — More company executives may face criminal charges as a result of ongoing federal investigations into stock-option backdating, Securities and Exchange Commission chairman Christopher Cox said on Friday."We have a substantial number of in...
DATE: May 14, 2007
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WASHINGTON (AP) — News Corp. chief executive Rupert Murdoch says he will not raise his $5 billion bid for Dow Jones & Co. But the executive editor of BusinessWeek magazine predicted Murdoch will up the offer and acquire the owner of The Wall Street J...
DATE: May 14, 2007
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Having no university education need not stop young people from enjoying a successful career in Bermuda's booming insurance sector.
That was the clear message from Bermudian Theresa Dunlop who spoke after receiving her joint Young Reinsurance Person o...
DATE: May 14, 2007
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CATEGORY:
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AUTHOR:
Jonathan Kent
New York (Bloomberg) — Rhode Island officials said the state will collect $102 million less in revenue next year, largely as a result of a delay in a payment from American International Group.The state assumed it would get $80 million from New York- ...
DATE: May 14, 2007
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