49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) ? The Standard & Poor?s 500 Index is at a five-year high. Industrial commodity prices are soaring. Hiring in the US is on a roll. Corporate profits are commanding a record share of national income. Europe and Japan are emitting f...
DATE: Apr 15, 2006
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WASHINGTON (Reuters) ? Americans are as clueless as ever about their retirement prospects, according to a pair of new studies.
We?re woefully overconfident, we grossly underestimate the amount of money we?ll spend in our retirement years, and we have...
DATE: Apr 15, 2006
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The Royal Gazette/Bermuda Stock Exchange Index gained 9.31 points on Thursday to close at 4,363.88.
On a moderate day of trading, Belco rose $1.25 to close at $39.75 as investors traded in 375 shares and BF&M rose 25 cents to close at $17.50 on volum...
DATE: Apr 15, 2006
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NEW YORK (AP) ? As the US population ages, the elderly are becoming a prime target for financial abuse.
Sometimes the thief is a stranger who befriends a lonely senior. Other times it?s a caregiver with sticky fingers. In still other cases, it?s a te...
DATE: Apr 15, 2006
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White Mountains Re, a unit of Bermuda-based White Mountains Group, said it was selling subsidiary Sirius America Insurance Co. to an investor group for some $139 million.
White Mountains, under the terms of the sale, will acquire an 18 percent stake ...
DATE: Apr 13, 2006
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The Royal Gazette/Bermuda Stock Exchange Index fell 4.80 points yesterday to close at 4,354.57.
On a quiet day of trading Belco was the only issue to decline as its share price fell 50 cents to close at $38.50 on volume of 337 shares.
While no other ...
DATE: Apr 13, 2006
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n the reinsurance world, Bermuda has for years staked its claim as the market?s laboratory, where innovation driven by upheavals in the dominant US property/casualty segment has produced a kaleidoscope of startups and multitasking underwriters.
But f...
DATE: Apr 13, 2006
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CellularOne presented Sylvia Morris with a $10,000 ?loyalty reward?.
Ms Morris, the second customer to receive a loyalty reward prize, received the cash amount during a rewards presentation, which saw Michael Leverock, chief operating officer, bring ...
DATE: Apr 13, 2006
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(Bloomberg) ? Bermuda-based Intelsat Ltd., the world?s second- biggest satellite operator, is optimistic it will win approval from the US Federal Communications Commission for a planned purchase of PanAmSat Holding Corp.
Intelsat chief executive offi...
DATE: Apr 13, 2006
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Bermuda-based PXRe yesterday saw further, and final, credit downgrades, after the reinsurer late on Tuesday asked major rating agencies to no longer keep the company on watch.
Rating firms A.M. Best Co. and Standard & Poor?s both lowered PXRe?s ratin...
DATE: Apr 13, 2006
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