49296 results returned for search: "" category ("Other" AND "Business")
TORONTO (Reuters) - The Toronto Stock Exchange’s main index ended lower, as strength in energy issues and rosy earnings from companies such as AGF Management were offset by concerns over the US economic outlook.
The S&P/TSX composite index closed dow...
DATE: Mar 29, 2007
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SAN FRANCISCO (Bloomberg) — Google Inc., the most popular internet search engine, will pay top executives performance bonuses of as much as $4.5 million each this year. The amount of the bonuses will be based on a formula tied to Google’s operating i...
DATE: Mar 29, 2007
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LONDON (Bloomberg) — Omega Insurance Holdings Ltd., a Lloyd’s of London insurer based in Bermuda, said 2006 profit rose 29 percent after it raised money to expand coverage. Net income rose to $15.1 million, or 12 cents a share, from $11.7 million, or...
DATE: Mar 29, 2007
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Days after the successful initial public offering of its parent company, Bermuda’s CastlePoint Reinsurance Company Ltd. has had its financial strength rating affirmed as A- (excellent) by A.M. Best.
CastlePoint Holdings Ltd., which is now trading on ...
DATE: Mar 29, 2007
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An advance by Butterfield Bank drove the Royal Gazette / Bermuda Stock Exchange up 13.32 points (0.26 percent) to 5,096.94.
Shares in Butterfield Bank improved by 25 cents (0.4 percent) to $59 after 5,321 were traded. Shares of Bermuda Commercial Ban...
DATE: Mar 29, 2007
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NEW YORK (AP) — Stocks fell after Federal Reserve Chairman Ben Bernanke chided investors who may have looked past long-standing concerns about inflation after recent comments from the central bank.
The Dow Jones industrials fell nearly 100 points, th...
DATE: Mar 29, 2007
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WASHINGTON (AP) — Poorly written Justice Department documents cost the federal government more than $100 million in what was supposed to have been the crowning moment of the biggest tax prosecution ever.Walter Anderson, the telecommunications entrepr...
DATE: Mar 29, 2007
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NEW YORK (Reuters) - US stocks fell after a weak consumer confidence report fuelled concerns the housing slowdown could spread into the broader economy and hurt profits.Lennar, a major US home builder, scrapped its 2007 outlook as it posted a 73.4 pe...
DATE: Mar 28, 2007
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NEW YORK (Reuters) — Tyco International Ltd. is about to get a whole lot smaller.With its planned breakup into three publicly-traded companies a few weeks away, investors are trying to figure out how to value the conglomerate.
Some large shareholders...
DATE: Mar 28, 2007
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Bank of Bermuda is cutting 38 jobs as a result of a decision to discontinue a number of alternative investment business lines.
The Island's biggest private employer, with 1,138 staff, has announced the axe is to fall on the positions beginning in Jun...
DATE: Mar 28, 2007
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AUTHOR:
Scott Neil