49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) ? Intelsat Ltd. agreed to buy PanAmSat Holding Corp. for $3.2 billion in cash to form the world's largest commercial satellite operator and gain broadcasting customers including Time Warner Inc.'s CNN and MTV.
Intelsat, owned by ...
DATE: Aug 30, 2005
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The company operates 12 very large crude carriers, able to hold 2 million barrels, and 10 ships half that size, which could be used as platforms for oil production or as storage ships, Chief Executive Oscar Spieler of the company?s operations unit in...
DATE: Aug 30, 2005
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The Royal Gazette/Bermuda Stock Exchange Index lost 38.629 points last week to close at 3,592.87 ending a record-breaking run.
Bermuda Commercial Bank Ltd. lost $1 and closed at $7.50 after 2,600 shares moved. BF&M Ltd. lost $1.40 and closed at $14 a...
DATE: Aug 29, 2005
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(Bloomberg) ? KPMG LLP will pay $456 million in fines under an agreement with federal authorities to avoid prosecution for selling abusive tax shelters, people familiar with the matter said.
The settlement, under negotiation since June, will be unvei...
DATE: Aug 29, 2005
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AXIS Capital Holdings Limited has signed a $1.5 billion syndicated credit agreement.The renewal agreement is an unsecured five-year facility to allow the Bermuda-based company to issue letters of credit up to the full amount of the facility and to bo...
DATE: Aug 29, 2005
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XL London Market Ltd.?s syndicate 1209 leads the hull and liability coverage for the Transportes A?reos Nacionales de Selva Boeing 737-200 jet that crashed during an emergency landing in Peru last Tuesday killing as many as 40, market sources said.
T...
DATE: Aug 29, 2005
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Gibbons Company is poised to introduce more changes to its Reid Street store with the inking of agreements to sell a number of former Trimingham's cosmetics lines.
While Gibbons Company plans to establish a standalone store at 53 Front Street for M.A...
DATE: Aug 29, 2005
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Minister of Finance Paula Cox is sponsoring a round table forum next month for local and exempted companies that are licensed investment providers.
The Ministry of Finance said in a statement that the forum would "examine and assess current trends an...
DATE: Aug 29, 2005
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CHICAGO (Bloomberg) ? The cost of insuring payments on bonds sold by financial and industrial companies may rise if yields on ten-year Treasury notes don?t keep pace with Federal Reserve rate increases, according to Bianco Research LLC.
A measure of ...
DATE: Aug 29, 2005
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(Bloomberg) Hurricane Katrina, the second named storm to hit Florida this year, may cost insurers in southern Florida as much as $600 million, a storm modeller said.
Katrina came ashore between Hallandale and Miami Beaches on Thursday as a Category ...
DATE: Aug 29, 2005
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