49296 results returned for search: "" category ("Other" AND "Business")
WILMINGTON (Bloomberg) — Citigroup Inc., JPMorgan Chase & Co. and other defendants agreed to pay Ohio’s state pension funds $4.5 million to settle any liability related to the fraud that destroyed Enron Corp.The funds asked a judge to dismiss their c...
DATE: Dec 28, 2006
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Bermuda-based Nabors Industries Ltd., one of the world’s major drillers of oil and natural gas, said yesterday it would conduct a further review of its stock-options practices after a news report raised questions about grants to chief executive offic...
DATE: Dec 28, 2006
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AUTHOR:
Jonathan Kent
Bermuda has the third-highest gross domestic product (GDP) per capita of the 113 countries given ratings by renowned analysts Standard & Poor’s (S&P).
And the S&P report on the Island, a copy of which was obtained by The Royal Gazette, showed the lev...
DATE: Dec 28, 2006
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AUTHOR:
Jonathan Kent
The Royal Gazette / Bermuda Stock Exchange inched slightly upwards yesterday in very quiet post-Christmas trading.
On a day when only two issues traded, the main activity surrounded Butterfield Bank, which closed unchanged at $56.50 after 1,530 of it...
DATE: Dec 28, 2006
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Bermuda-based Nabors Industries Ltd., one of the world?s major drillers of oil and natural gas, said yesterday it would conduct a further review of its stock-options practices after a news report raised questions about grants to chief executive offic...
DATE: Dec 28, 2006
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Folksamerica Reinsurance Company, a wholly-owned subsidiary of Bermuda?s White Mountains Re Group, has completed its acquisition of Mutual Service Casualty Insurance Company, a Minnesota-domiciled, runoff insurer formerly affiliated with Illinois-bas...
DATE: Dec 28, 2006
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Former reinsurance executive Keith L. Shroyer died on December 24 at the age of 57, after a two-year battle with brain cancer. Keith retired from the XL group of companies in 2003, as president and chief underwriting officer of XL Re Latin America.
H...
DATE: Dec 28, 2006
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NEW YORK (Bloomberg) — Deloitte & Touche LLP, the US accounting and consulting firm, hired New York Insurance Superintendent Howard Mills to advise insurance clients.Mr. Mills, 42, will start at the closely held New York-based firm next month, he sai...
DATE: Dec 28, 2006
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TORONTO (Bloomberg) — Canadian stocks had their steepest advance in a month, as gold producers including Barrick Gold Corp. rallied on higher bullion prices. Financial companies advanced on the prospect of lower US interest rates.The Standard & Poor’...
DATE: Dec 28, 2006
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Media House Limited has advised the Bermuda Stock Exchange that the company will not be redeeming its eight percent Cumulative Redeemable Preference Shares (MHLP BH), effective December 31, 2006. This decision to redeem was contingent on there being ...
DATE: Dec 28, 2006
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