49296 results returned for search: "" category ("Other" AND "Business")
SHANGHAI, China (AP) — China expects plenty of cause for celebration when Industrial & Commercial Bank of China’s record-smashing initial public offering begins trading today, likely boosting markets already trading at record or multi-year highs.Inve...
DATE: Oct 27, 2006
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NEW YORK (Bloomberg) — Global Crossing Ltd., a telecommunications company seeking to turn a profit, agreed to buy Impsat Fiber Networks Inc. for about $95 million and add more than 4,500 Latin American customers.Investors will receive $9.32 a share f...
DATE: Oct 27, 2006
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NEW YORK (Bloomberg) — JPMorgan Chase & Co. chairman William Harrison plans to retire from the third-biggest US bank at the end of the year and expects to hand the post to chief executive officer Jamie Dimon.Harrison, 63, will leave on December 31 af...
DATE: Oct 27, 2006
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NEW YORK (Reuters) — US stocks sold off yesterday after data showed third-quarter US economic growth was the weakest in more than three years and a Goldman Sachs report prompted investors to unload some shares of Intel Corp. and other semiconductor c...
DATE: Oct 27, 2006
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The share prices of both Butterfield Bank and its takeover target Bermuda Commercial Bank fell yesterday, knocking 13.74 points off The Royal Gazette/Bermuda Stock Exchange Index.
The Index closed down 0.28 percent at 4,883.53.
On a light day of trad...
DATE: Oct 27, 2006
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NEW YORK (Bloomberg) ? MBIA Inc., the world's biggest bond insurer, reported a 54 percent rise in third-quarter profit, mostly because of a $75 million charge in the year-ago period to cover anticipated penalties from a regulatory investigation.
Net ...
DATE: Oct 27, 2006
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HOUSTON (Bloomberg) ? Nabors Industries Ltd., the world's largest onshore oil and natural-gas driller, probably will surpass this year's record profit in 2007 because of high energy prices, Chief Executive Officer Gene Isenberg said.
The prospect of ...
DATE: Oct 27, 2006
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NEW YORK Bermuda-based asset manager WP Stewart & Co. said third-quarter profit shrank 71 percent as trading activity slowed dramatically, and the company earned less from management fees.The company posted third-quarter net income of $3.5 million, ...
DATE: Oct 27, 2006
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Mickey's Bistro is shedding its image as a summer beach side location and will be open for the duration of the winter season as an alternative venue for alfresco dining.
"We are keeping Mickey's open during the winter for first time since we opened b...
DATE: Oct 26, 2006
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The Royal Gazette/Bermuda Stock Exchange Index fell 55.55 points yesterday to close at 4,897.26.
In moderate but active trading, Argus fell $1.50 to close at $13 as investors traded in 11,500 shares and Bermuda Commercial Bank fell 45 cents to close ...
DATE: Oct 26, 2006
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