49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) — Bermuda-based Tyco International Ltd. paid chief executive officer Edward Breen 32 percent more in restricted stock last year as it prepared to split itself into separate security, health-care and electronics companies.Breen’s ...
DATE: Jan 22, 2007
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TALLAHASSEE, Florida (AP) ? In a move to give consumers greater choices for hurricane insurance, state lawmakers on Friday agreed to require companies that sell property insurance in other states to sell it in Florida if they want to offer car insura...
DATE: Jan 22, 2007
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The Bermuda-based company needs two-thirds of shareholders to vote in favour of the plan, spokeswoman Sarah Lubman of Brunswick Group said on Friday in a phone interview. Cypress Group, the largest holder with 15 percent of shares outstanding as of N...
DATE: Jan 22, 2007
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Abandoning the 60:40 rule for the telecommunications industry would take Bermuda back more than a decade to the time of a monopoly and $1.25 a minute overseas calls.
That is the view of former Telecommunications Minister E.T (Bob) Richards, who belie...
DATE: Jan 22, 2007
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AUTHOR:
Jonathan Kent
Axis Capital has announced a reorganisation of its insurance operations that the Bermuda-based insurer and reinsurer says will enhance its position as a ?global leader? in specialty lines insurance.
As part of the reshuffle, Axis announced the appoin...
DATE: Jan 22, 2007
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LONDON (Bloomberg) ? Citigroup Inc. cut its earnings estimates for oil-tanker companies including Bermuda-based Frontline Ltd., the world's second-largest, because an expansion in fleets is hurting freight rates.
"With OPEC production remaining the m...
DATE: Jan 22, 2007
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NEW YORK (Reuters) ? Four reinsurers, flush from a year without catastrophic storms and with higher premiums, are set to test investor enthusiasm with a series of US stock listings.
Bermuda-based reinsurer Validus Holdings Ltd. and Greenlight Capital...
DATE: Jan 22, 2007
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GEOPOLITICAL risk isn't a factor that is of primary concern in the daily decision-making of market participants. However, some institutional investors monitor it quite closely and have risk management plans in place should the scenario diverge from t...
DATE: Jan 22, 2007
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TORONTO (Reuters) — Canadian oil companies may pump a gusher of profits when they report fourth-quarter results over the next few weeks, but the recent skid in oil prices is likely to put a lid on any rise in their stock prices.Oil prices were on a d...
DATE: Jan 22, 2007
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As stocks struggled through an ugly bear market a few years back, something wonderful happened to serve the cause of investors.
The Smart Money declared that assets of all types -- bonds and money markets as well as stocks -- were embarking on a new ...
DATE: Jan 22, 2007
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