49296 results returned for search: "" category ("Other" AND "Business")
Omega Insurance Holdings Ltd. has appointed Penelope James as group finance director. Mrs. James will take up her new role in May, 2007 and will be appointed to the Board of Bermuda-based Omega at that time.
Mrs James has been with Zurich Financial S...
DATE: Dec 13, 2006
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NEW YORK (Bloomberg) — PlusFunds Group Inc., a bankrupt New York money manager, agreed yesterday to cap its claims against units of defunct futures broker Refco Inc. at $7 million, a reduction of $525 million.PlusFunds also will withdraw its objectio...
DATE: Dec 13, 2006
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WASHINGTON (Dow Jones/AP) — Federal regulators sued a Dallas-based hedge-fund manager yesterday, alleging he pulled in more than $6.5 million of gains through illegal trading involving "naked" short sales of dozens of companies.Edwin Buchanan Lyon IV...
DATE: Dec 13, 2006
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NEW YORK (Bloomberg) — Delta Air Lines Inc. will tell its bankruptcy creditors today why they should reject a hostile $8.72 billion merger bid from US Airways Group Inc., three people familiar with the meeting said.Delta executives also will share de...
DATE: Dec 13, 2006
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Jumps in the share prices of Belco Holdings and Bermuda Container Line sent the Royal Gazette/Bermuda Stock Exchange Index up almost one percent in active trading yesterday.
A day after the Index closed unchanged with just two issues trading, five st...
DATE: Dec 13, 2006
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NEW YORK (Bloomberg) ? Bermuda-based Refco Capital Markets Ltd., a unit of bankrupt Refco Inc., won court approval to repay $96 million to JPMorgan Chase & Co. to settle an outstanding loan.
US Bankruptcy Judge Robert Drain in New York authorised the...
DATE: Dec 13, 2006
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Shutterbugs are snapping up high-end digital cameras, creating some unexpected prosperity for the photography industry.
Now that more than half of American families have replaced their film cameras with sleek, pocket-size, point-and-shoot digital cam...
DATE: Dec 13, 2006
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NEW YORK (Bloomberg) ? PlusFunds Group Inc., a bankrupt New York money manager, agreed yesterday to cap its claims against units of defunct futures broker Refco Inc. at $7 million, a reduction of $525 million.
PlusFunds also will withdraw its objecti...
DATE: Dec 13, 2006
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CATEGORY:
Other
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Jumps in the share prices of Belco Holdings and Bermuda Container Line sent the Royal Gazette/Bermuda Stock Exchange Index up almost one percent in active trading yesterday.
A day after the Index closed unchanged with just two issues trading, five st...
DATE: Dec 13, 2006
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CATEGORY:
Other
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NEW YORK (Bloomberg) — Hartford Financial Services Group Inc., the seventh-largest US insurer, raised its 2006 profit forecast because of higher-than-expected fourth-quarter results in both its property-casualty and life insurance units.Core earnings...
DATE: Dec 12, 2006
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