49296 results returned for search: "" category ("Other" AND "Business")
Everest Re shares dropped more than four percent yesterday after the Bermuda-based reinsurer's first quarter earnings missed analyst estimates, sparking widespread drops on Bermuda-based reinsurers' shares.
Shares were also hurt by market fears that ...
DATE: Apr 26, 2006
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HOUSTON (Bloomberg) ? Shares of Cooper Industries Ltd., maker of Crescent wrenches and Halo lighting, rose 5.5 percent after the company reported higher-than-expected first-quarter profit and raised its forecast for the year.
US construction spending...
DATE: Apr 25, 2006
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First quarter 2006 operating income for Everest Re Group, Ltd. declined 4.5 percent on higher catastrophe loss estimates from the hurricanes that walloped the US last year.
The Bermuda-based reinsurer posted operating income of $157.9 million in the ...
DATE: Apr 25, 2006
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Start-up broker Integro Ltd., which marks its first anniversary in business on May 6, is hiring an average of a person a day, its president said on Sunday.
Peter Garvey said the New York-based insurance brokerage started the year with 200 staff and e...
DATE: Apr 25, 2006
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The Royal Gazette/Bermuda Stock Exchange Index gained 19.85 points yesterday to close at 4,406.36.
On a light day of trading on the Exchange, Belco led the advancers, gaining $1 to close at $39 as investors traded in 1,920 shares.
Argus rose 25 cents...
DATE: Apr 25, 2006
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Low frequencies of catastrophic and large losses in the first three months of the year allowed PartnerRe Ltd. to kick off the first quarter earnings season with net income of $193.2 million, a 73 percent improvement over the $111.4 million profit rec...
DATE: Apr 25, 2006
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CLEVELAND, Ohio (Bloomberg) ? Ingersoll-Rand Co., the maker of Bobcat machinery and Thermo-King refrigerated trucks, said on Friday that first- quarter profit rose 13 percent, led by sales of equipment used in commercial construction. The company rai...
DATE: Apr 25, 2006
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Bermuda-based Ram Holdings Ltd. is expected to go public on the Nasdaq Stock Exchange.
The financial guaranty reinsurer said earlier this month that it expects the 13.1 million shares it is offering will sell for between $14 and $16 a share, raising ...
DATE: Apr 25, 2006
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After a two-year search, Hamilton's only shoe repair shop has finally found a new home.
The opening of the new Heel Quik store on the second floor of Washington Mall comes with some relief for Darren Booth who co-owns the shop with his wife Suzanne D...
DATE: Apr 25, 2006
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Susan Rivera, the former president of ACE INA Holdings Inc., the holding company for ACE Ltd.'s US operations, has been named president of Praetorian Financial Group, the recently launched US specialty unit of Hannover Re Group, Business Insurance re...
DATE: Apr 25, 2006
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