49296 results returned for search: "" category ("Other" AND "Business")
CastlePoint Holdings became the first of Bermuda's "Class of 2005" reinsurance companies to go public when it released shares on the Nasdaq stock exchange on Friday and showed an immediate result for investors as the shares jumped in value by 11.38 p...
DATE: Mar 26, 2007
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AUTHOR:
Scott Neil
NEW YORK (Reuters) — An initial public offering by Blackstone Group LP could allow insurer American International Group Inc. to make nearly a 20 times return on its stake in the investment banker.Blackstone, best known for taking public companies pri...
DATE: Mar 26, 2007
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The Royal Gazette Bermuda Stock Exchange Index rose 82.5 points or 1.32 percent last week, after stocks jumped more than 100 points on Tuesday in an otherwise quiet week.
Tuesday's 108.3 point surge was driven by KeyTech, whose shares rocketed just o...
DATE: Mar 26, 2007
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NEW YORK (AP) — Wall Street rose modestly securing the Dow Jones industrials’ best week in four years after a surprise jump in home sales eased concern that frailty in the housing market will hurt economic growth.Existing home sales rose by the bigge...
DATE: Mar 24, 2007
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TORONTO (Reuters) - The Toronto Stock Exchange’s main index ended nearly 100 points higher boosted by energy issues, which rose on fresh Middle East tensions, as well as by strength in financials and materials.The S&P/TSX composite index closed up 98...
DATE: Mar 24, 2007
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NEW YORK (AP) — Spring is the season of renewal — the time to get out the gardening tools, begin a new exercise programme or tackle the dirt that’s accumulated in the house.It also can be a good time to spring clean your finances.
“A little work now ...
DATE: Mar 24, 2007
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NEW YORK (AP) — Renee Weese has reached an enviable goal — she’s become a millionaire. But like many others whose net worth has risen in recent years to seven figures, she doesn’t feel particularly wealthy.Not that long ago, the word “millionaire” co...
DATE: Mar 24, 2007
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NEW YORK (Reuters) — Blackstone’s pending $4-billion initial public offering may be tempting for individual investors, but shareholders beware: the firm’s growth will be tough to maintain, and its business difficult to grasp, IPO analysts said yester...
DATE: Mar 24, 2007
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A week from now, the rate at which Bermuda charges foreign currency purchase tax (FCPT) will double. A few letters have been received on the subject. The main thrust is whether Bermudians would do well to exchange their Bermuda dollars now, rather th...
DATE: Mar 24, 2007
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TORONTO (Reuters) - The Toronto Stock Exchange's main index ended nearly 100 points higher, boosted by energy issues, which rose on fresh Middle East tensions spurred by Iran's seizure of 15 British navy personnel, as well as by strength in financial...
DATE: Mar 24, 2007
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