49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) ? Tyco International Ltd.?s former chief financial officer Mark Swartz will take the stand in his own defence at his criminal trial, his lawyer said after ex-chief executive L. Dennis Kozlowski?s defence rested.
Swartz and Kozlow...
DATE: May 04, 2005
|
CATEGORY:
Other
|
Jean D. Hamilton
RenaissanceRe Holdings Ltd. board of directors has nominated Jean D. Hamilton, 58, for election to the board at the company's annual meeting of shareholders on June 9. If elected, Ms Hamilton will bring the total number of directors ...
DATE: May 04, 2005
|
CATEGORY:
Other
|
MBIA Inc., the bond insurer that restated seven years of results in March, said first-quarter profit fell 3.9 percent on fewer investment gains. Sales of new policies more than doubled.
Net income at MBIA, the world?s largest bond insurer, fell to $2...
DATE: May 04, 2005
|
CATEGORY:
Other
|
The Royal Gazette/Bermuda Stock Exchange Index yesterday fell 15.18 points to 3,321.29.
Butterfield Bank saw trading of 44 shares at $42.10 while Argus investors pushed down those shares $1.15 to $25.35 on trading of 393 shares.
DATE: May 04, 2005
|
CATEGORY:
Other
|
Tyco International Ltd.?s second-quarter profit fell 75 percent because of costs to retire debt, write down assets and establish a reserve for a three-year-old Securities and Exchange Commission investigation. The company reduced its 2005 profit fore...
DATE: May 04, 2005
|
CATEGORY:
Other
|
At the annual conference of the American Association of Managing General Agents (AAMGA) this week, some of the 1,400 delegates are identifying new business opportunities and relationships that could bring a wave of new insurance business to Bermuda m...
DATE: May 04, 2005
|
CATEGORY:
Other
|
The equity market, as represented by a broad large-cap index such as the S&P 500, has remained choppy, after slumping in the second week of April. Volatility has increased and risk appetite has diminished. Investors are uncertain how protracted the s...
DATE: May 04, 2005
|
CATEGORY:
Other
|
After my description last week of the tribulations I went through with my crashed computer I received a message from a reader in Bermuda alarmed at the possibility that there was a problem with ZoneAlarm, which I had mentioned as the start of the sag...
DATE: May 04, 2005
|
CATEGORY:
Other
|
Results for the first three months of the year compared to the same period a year ago
Net income: $44.3 million, a 74 percent decline compared to $168.87 million during the first quarter of 2004
Net income broken down per share*: 62 cents per share c...
DATE: May 04, 2005
|
CATEGORY:
Other
|
Bermuda-based reinsurer RenaissanceRe saw its first quarter earnings fall below expectations with net income declining 74 percent to $44.3 million from $168.87 million a year prior.
Despite the fall in profit, RenRe affirmed previous earnings guidanc...
DATE: May 04, 2005
|
CATEGORY:
Other
|
