49296 results returned for search: "" category ("Other" AND "Business")
Cost controls and modest price increases of menu items helped Kentucky Fried Chicken Bermuda to achieve gross profits that were up by $24,166 in the six months ended July 31, 2006, compared to the same period last year.
A statement yesterday from com...
DATE: Dec 21, 2006
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When Jeff Conyers and seven other business people pooled resources to found Bermuda?s first independent brokerage firm back in 1991, there was no shortage of people telling them their enterprise would flop.
But with hindsight, it is clear the gamble ...
DATE: Dec 21, 2006
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AUTHOR:
Jonathan Kent
NEW YORK (AP) — John Mack’s record for the biggest bonus on Wall Street did not last even a week. It was smashed by the $53.4 million that Goldman Sachs gave its chief executive, Lloyd Blankfein.The bonanza for Blankfein included a cash bonus of $27....
DATE: Dec 21, 2006
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SYDNEY (Bloomberg) — CSR Ltd., Australia’s biggest processor of raw sugar, will receive A$120 million ($94 million) from Ace Ltd. after settling litigation related to asbestos liability insurance.CSR sued Bermuda-based Ace and other insurers in 1995,...
DATE: Dec 21, 2006
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DATE: Dec 21, 2006
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Bermuda-based DaVinciRe Holdings, Ltd. has been assigned an issuer credit rating (ICR) of “bbb” by A.M. Best.
Best has assigned an indicative rating of “bbb” to the $100 million 10-year senior notes to be issued by DaVinciRe. The outlook for both rat...
DATE: Dec 21, 2006
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Because of changes in accounting personnel, Devonshire Industries Limited has been granted an extension for the filing of reports by the Bermuda Stock Exchange (BSX).
The BSX announced that Devonshire had until January 5, 2007 to file annual reports ...
DATE: Dec 21, 2006
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NEW YORK (AP) — The Dow Jones industrial average reached another record close yesterday as investors largely looked past economic and earnings reports that had stirred concerns about the health of the economy. The Standard & Poor’s 500 also rose, but...
DATE: Dec 20, 2006
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CHICAGO (Dow Jones/AP) — Going against the trend of insurers cutting back coverage for homeowners who live in storm-exposed areas, Chubb Corporation said yesterday it will begin offering excess flood coverage policies for the coasts of Florida, New Y...
DATE: Dec 20, 2006
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Ian Roger Heap, the first chairman and chief executive officer of XL Insurance Company Ltd., has died at the age of 81, following a short illness. Brian O’Hara, CEO of what is now known as the XL Capital group of companies, has expressed his profound...
DATE: Dec 20, 2006
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