49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (AP) ? Ingersoll-Rand Co. affirmed its first-quarter and 2006 profit guidance and said it plans to step up the company's capital investments this year to a range of $175 million to $200 million.
In a press release yesterday, the Bermuda comp...
DATE: Feb 16, 2006
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PARIS (Bloomberg) ? Scor SA, the largest French reinsurer, said 2005 sales declined six percent on lower life-reinsurance premiums.
Revenue for the year was 2.41 billion euros ($2.9 billion), compared with 2.56 billion euros in 2004, Scor said in an ...
DATE: Feb 16, 2006
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Oil Group of Companies and BF&M Limited have been praised by Investors in People after a reassessment showed they were continuing to meet the IIP standard.
Oil Group of Companies and BF&M successfully completed the reassessment phase in November, 200...
DATE: Feb 16, 2006
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The Royal Gazette/Bermuda Stock Exchange Index reached another all-time yesterday gaining 97.73 points to close at 4,424.21.
Index bellwether Butterfield Bank rose $2 on strong earnings results as investors traded 4,308 shares to close at $57.
Devons...
DATE: Feb 16, 2006
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A rise in BF&M shares to a record high of $18.50 helped propel The Royal Gazette/Bermuda Stock Exchange Index to another all-time high yesterday.
BF&M shares rose 50 cents or 2.8 percent on volume of 427 shares. The shares are $5.90 or 50 percent up ...
DATE: Feb 15, 2006
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Anthony Steede is leaving Bermuda Motors to join rival HWP where he will be vice president, auto parts.
HWP chief operating officer Alan Brooks said: “It is indeed with great pleasure that we welcome Anthony to our HWP family. His experience and skil...
DATE: Feb 15, 2006
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Bank of Bermuda has officially launched the International Banking Centre to give customers access to a broad range of services offered by HSBC?s global network of offices.
The International Banking Centre will be an intermediary with any HSBC branch ...
DATE: Feb 15, 2006
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NEW YORK (AP) ? In his 18 years as chairman of the Federal Reserve, Alan Greenspan wielded his economic testimony to Congress with maddening precision, saying just enough to get his point across about budget deficits and inflation ? while leaving Wal...
DATE: Feb 15, 2006
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The Alea Group, a Bermuda-based insurance company that has been selling off units and putting others into run off, has asked the ratings firms that have been tracking its financial performance to suspend their analysis of the company.
Alea previously...
DATE: Feb 15, 2006
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NEW YORK (Reuters) ? Assured Guaranty Ltd. yesterday said net income for the fourth quarter and full year of 2005 will fall by $3.9 million, or five cents a share, as a reinsurance client said it will cede a case loss reserve to a unit of the company...
DATE: Feb 15, 2006
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