49296 results returned for search: "" category ("Other" AND "Business")
Bermuda-based catastrophe reinsurer IPC Holdings Ltd. has had its A financial strength rating affirmed by ratings agency AM Best.
The rating applies to IPC's Bermudian and Irish reinsurance subsidiaries and to its debt ratings and preferred stock. Th...
DATE: Dec 05, 2006
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NEW YORK (Reuters) ? Jefferies Group Inc. agreed to pay about $9.7 million to settle charges that it lavished $2 million worth of gifts, travel and other entertainment ? including a private plane to Bermuda ? to get trading business from mutual fund ...
DATE: Dec 05, 2006
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NEW YORK (Reuters) — Bank of New York Co. said yesterday it will buy Mellon Financial Corp. for $16.5 billion, combining two storied names in American finance to create a powerhouse in asset management and custody services for institutional investors...
DATE: Dec 05, 2006
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NEW YORK (Reuters) — Jefferies Group Inc. agreed to pay about $9.7 million to settle charges that it lavished $2 million worth of gifts, travel and other entertainment — including a private plane to Bermuda — to get trading business from mutual fund ...
DATE: Dec 05, 2006
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Heading-off potential trouble for Bermuda?s booming international business sector is the mission of Finance Minister Paula Cox as she meets a second powerful US congressmen in as many days today.
And Bermuda appears to have a strong chance of maintai...
DATE: Dec 05, 2006
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AUTHOR:
Scott Neil
The Royal Gazette/Bermuda Stock Exchange Index had a moribund yesterday, with no shares changing hands.
The Index was unchanged at 4,833.86.
DATE: Dec 05, 2006
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TORONTO (Bloomberg) — Canadian stocks extended a record for a fourth day, led by financial shares including Royal Bank of Canada, on optimism banks' earnings will weather an economic slowdown in the US, Canada's biggest trading partner."We continue t...
DATE: Dec 05, 2006
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LONDON (Bloomberg) — Shares of Griffin Mining Ltd. rose as much as 13 percent after the company announced plans to spend $7.1 million to expand its Caijiaying metals-processing plant in China.The expansion will increase annual capacity to 750,000 met...
DATE: Dec 05, 2006
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When investors think of growth stocks, they often think of companies that tout a medical cure or knock-out technology.
They could profit handsomely by suspending their disbelief and thinking of giant, Paris insurance company AXA SA. Already the world...
DATE: Dec 05, 2006
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NEW YORK (Bloomberg) — Pfizer Inc.’s shares fell as much as 15.7 percent after the world’s biggest drugmaker ended development of its most important new treatment, a cholesterol medicine designed to replace Lipitor when its patent expires.Pfizer ende...
DATE: Dec 05, 2006
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