49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) — Robert Glauber, who retired as chairman and chief executive officer of the NASD in August, joined Peter Solomon’s New York investment bank to help guide corporate clients on financial alternatives.Glauber, 67, will be a senior ...
DATE: Nov 16, 2006
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WASHINGTON (AP) — Attempting to address the rising incidence of fraud in the fast-growing hedge fund industry, the Securities and Exchange Commission is planning action soon that would limit the number of ordinary investors able to put their money in...
DATE: Nov 16, 2006
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BOSTON (Bloomberg) — Tyco International Ltd., the conglomerate that’s splitting into security, health-care and electronics companies, said fourth-quarter profit rose 38 percent on higher sales of electrical connectors and safety products.
Net income ...
DATE: Nov 16, 2006
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ATLANTA (AP) — US Airways is still painting new logos on many of the planes it got when it combined with America West last year. It may need more paint.Yesterday, the company said it was offering $8 billion in a hostile bid to take over rival Delta A...
DATE: Nov 16, 2006
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LONDON (Bloomberg) — Aviva Plc, Britain’s largest insurer, received regulatory approval for its $3.1 billion acquisition of AmerUs Group Co., as it seeks to harness sales growth in the world’s biggest retirement market.The value of the takeover is $2...
DATE: Nov 16, 2006
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Catlin Group Ltd. will receive catastrophe protection as a result of a $200.2 million multiperil catastrophe bond that is the industry’s first publicly rated, collateralised debt obligation of natural catastrophe risk, according to New York-based rei...
DATE: Nov 15, 2006
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NEW YORK (AP) — All across America, families are making their to-do lists for Thanksgiving shopping. Turkey? Check. Fixins’? Check. Sweet potato pie? Check. Flat-screen TV?Eh?
With price cutting from Wal-Mart likely to spread among other retailers, i...
DATE: Nov 15, 2006
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Bermuda Commercial Bank said yesterday it expects to announce a merger or sale of the bank within the next two months.
BCB, which has been drawn into controversy after it was revealed that 47 percent shareholder First Curacao International Bank was b...
DATE: Nov 15, 2006
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MARCY, New York (Bloomberg) — L. Dennis Kozlowski, the former chief executive officer of Tyco International Ltd., says he doesn’t mind that his $13 million yacht, $10 million mansion and $5 million Monet were sold to help pay court-ordered fines and ...
DATE: Nov 15, 2006
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The Royal Gazette/Bermuda Stock Exchange Index edged up yesterday as insuer BF&M jumped on a day of light trading.
The index closed up 6.65 points to 4,832.65 as 12,976 shares worth $261,618.50 traded.
BF&M was the only mover on the day, rising 50 ce...
DATE: Nov 15, 2006
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