49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Reuters) ? The 2006 hurricane season is ending on November 30 with US homeowners and insurers unscathed, but forecasters warn that the years ahead will not be so calm.
While the first predictions for 2007 are due in early December, Risk Man...
DATE: Nov 23, 2006
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Class of 2005 insurer Lancashire Holdings Ltd. yesterday predicted that trading conditions will be "attractive" in 2007 as strong prices for property and energy insurance continue.
But the insurer, formed by a group of Lloyd's of London veteran under...
DATE: Nov 23, 2006
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NEW YORK (Bloomberg) — The Federal Bureau of Investigation visited the municipal bond market last week.FBI agents last week raided the offices of CDR Financial Products of Beverly Hills, California. Federal agents also carted papers away from Investm...
DATE: Nov 23, 2006
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NEW YORK (Reuters) — US stocks ended slightly higher yesterday, as fresh record highs in shares of aircraft maker Boeing Co. and Web search leader Google Inc. outweighed rising oil prices.Trading was light before the Thanksgiving holiday, but as crud...
DATE: Nov 23, 2006
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LONDON (Bloomberg) —General Reinsurance UK, a unit of Warren Buffett’s Berkshire Hathaway Inc., was fined $1.2 million ($2.3 million) by the Financial Services Authority over two transactions that broke U.K. market regulations.The unit, based in Lond...
DATE: Nov 23, 2006
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LONDON (Bloomberg) ?General Reinsurance UK, a unit of Warren Buffett?s Berkshire Hathaway Inc., was fined ?1.2 million ($2.3 million) by the Financial Services Authority over two transactions that broke U.K. market regulations.
The unit, based in Lon...
DATE: Nov 23, 2006
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NEW YORK (Bloomberg) — Golar LNG Ltd., a Bermuda-based owner of liquefied-gas tankers, posted a third-quarter loss after a decline in interest rates.The net loss was $5.9 million, or nine cents a share, compared with net income of $11 million, or 17 ...
DATE: Nov 23, 2006
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MELBOURNE (Reuters) — Australia’s Qantas Airways has received a buyout offer from investment firms Macquarie Bank and Texas Pacific Group that could be worth more than A$10 billion ($7.77 billion), sending its shares up 15 percent.“The approach is co...
DATE: Nov 23, 2006
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DETROIT (Reuters) — Billionaire Kirk Kerkorian’s Tracinda Corp. investment firm yesterday said it had sold $462 million of stock in General Motors Corp this week, cutting its stake in the automaker to 7.4 percent from 9.9 percent.The news sent GM sto...
DATE: Nov 23, 2006
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LONDON (Bloomberg) — BW Offshore, which owns floating oil platforms, said third-quarter earnings more than tripled on increasing demand for its units.Net income jumped to $11.1 million from $3.5 million in the third quarter of 2005, said BW Offshore,...
DATE: Nov 23, 2006
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