49296 results returned for search: "" category ("Other" AND "Business")
Max Re Capital Ltd. founder and chief executive officer Robert J. Cooney has resigned from the company after it announced it will revise its numbers from two quarters this year because of accounting errors.
Max Re has already restated five years of e...
DATE: Oct 31, 2006
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Seven years after he founded Max Re, Robert Cooney resigned yesterday, the latest victim of a finite reinsurance scandal that has already claimed the scalp of RenaissanceRe chief executive James Stanard.
Until yesterday, Mr. Cooney was probably best ...
DATE: Oct 31, 2006
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The Royal Gazette/Bermuda Stock Exchange Index fell 32.25 points yesterday to close at 4,851.28.
On a quiet day of trading, Belco fell $1.75 to close at $23.25 as investors traded in 524 shares and Butterfield Bank traded in 782 shares to close uncha...
DATE: Oct 31, 2006
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WASHINGTON (Bloomberg) ?- Stolt-Nielsen SA, a tanker operator fighting US price-fixing charges, lost a bid at the nation?s highest court to stop the criminal case from going forward.
The Supreme Court made no comment yesterday in rejecting an appeal ...
DATE: Oct 31, 2006
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LONDON (Bloomberg) — Kroll Inc., the investigative firm acquired by insurance brokerage Marsh & McLennan Cos. two years ago, denied a newspaper report that its founder was considering buying the company back."Nothing of the sort is in the works," Jod...
DATE: Oct 31, 2006
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OMAHA, Nebraska (AP) — Billionaire Warren Buffett’s Berkshire Hathaway Inc. bought nearly $268.8 million in discount retailer Target Corp. stock, according to documents filed with the Securities and Exchange Commission.The documents filed with the Se...
DATE: Oct 31, 2006
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NEW YORK (Bloomberg) ? Ingersoll-Rand Co., the maker of Bobcat machinery and Thermo-King refrigerated trucks, said profit fell in the third quarter on tax-related costs.
Profit from continuing operations dropped to $254 million, or 79 cents a share, ...
DATE: Oct 31, 2006
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The Royal Gazette/Bermuda Stock Exchange Index fell 32.25 points yesterday to close at 4,851.28.
On a quiet day of trading, Belco fell $1.75 to close at $23.25 as investors traded in 524 shares and Butterfield Bank traded in 782 shares to close uncha...
DATE: Oct 31, 2006
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CATEGORY:
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LONDON (Bloomberg) ? Catlin Group Ltd. agreed to buy Wellington Underwriting Plc for ?591 million ($1.22 billion) to create the biggest insurer on the Lloyd's of London market.
Catlin, a property insurer that wrote coverage for New York's World Trade...
DATE: Oct 31, 2006
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NEW YORK (AP) — Wall Street ended an erratic session narrowly mixed yesterday, largely shrugging off a lacklustre sales report from Wal-Mart Stores Inc. and news of weak consumer spending last month.The market’s ability to withstand bad news — especi...
DATE: Oct 31, 2006
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