49296 results returned for search: "" category ("Other" AND "Business")
Bermuda-based White Mountains Insurance Group, Ltd. said it will buy back up to 1 million shares.
White Mountains, like Berkshire Hathaway, does not split its shares. They are currently trading at over $600, pricing the buy-back at around $600 millio...
DATE: Nov 21, 2006
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TORONTO (Bloomberg) — Canadian stocks rose, paced by raw-materials companies including Alcan Inc., on speculation there may be more takeovers as investors bet demand for resources will remain strong. Energy producers such Petro-Canada gained.“Equitie...
DATE: Nov 21, 2006
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Bermuda-based White Mountains Insurance Group, Ltd. said it will buy back up to 1 million shares.
White Mountains, like Berkshire Hathaway, does not split its shares. They are currently trading at over $600, pricing the buy-back at around $600 millio...
DATE: Nov 21, 2006
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CATEGORY:
Other
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SEOUL, South Korea (AP) — South Korean prosecutors indicted US private equity group Lone Star Funds and the Korea Exchange Bank yesterday, stepping up an investigation into the fund’s 2003 acquisition of the Korean lender, Yonhap news agency reported...
DATE: Nov 21, 2006
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Creditors of a Bermuda-registered reinsurance company that was shut down after it was discovered that it largest asset was in fact worthless may end up at least $7 million out of pocket.
Business Insurance reported last week that Hatteras Reinsurance...
DATE: Nov 20, 2006
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(The Wall Street Journal) — Sears Holdings may be struggling as a department-store operator, but it is proving an astute hedge fund under billionaire investor Edward S. Lampert.The retailer, controlled by Mr. Lampert, earned more than half its net in...
DATE: Nov 20, 2006
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LONDON (Reuters) — Britain moved to ban ads for junk food during children's television programming, taking one of the toughest stances in Europe in the fight against increasing childhood obesity.Media regulator Ofcom put forward rules on Friday that ...
DATE: Nov 20, 2006
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France’s SCOR Group announced a capital increase of [EURO]376.744 million ($482.53 million) in the form of a subscription rights offer primarily in order to finance the acquisition of Revios R|0xfc|ckversicherungs AG.
Present shareholders would have ...
DATE: Nov 20, 2006
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(Bloomberg) ? HSBC Holdings Plc, Europe?s biggest bank by market value, is seeking to increase revenue from trade between the US and UK by attracting 100 new corporate clients.
HSBC plans to add staff to its so-called international business centres i...
DATE: Nov 20, 2006
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NEW YORK (Reuters) ? Four more companies confirmed they received subpoenas from the antitrust division of the Justice Department and the US Securities and Exchange Commission in a probe of bid rigging for deals to invest municipal bond proceeds.
A so...
DATE: Nov 20, 2006
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