49296 results returned for search: "" category ("Other" AND "Business")
(Bloomberg) ? W.P. Stewart & Co., a Bermuda-based money manager for wealthy investors, said fourth-quarter profit rose 8.5 percent as fees and commissions increased.
Net income advanced to $10.2 million, or 23 cents a share, from $9.4 million, or 21 ...
DATE: Jan 30, 2004
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The Bank of Bermuda is leaving no stone unturned in its effort to get shareholders to vote on their proposed sale to HSBC ? and to vote yes.
In a speech yesterday, at a lunch hosted by the Institute of Financial Services, bank CEO Henry Smith told an...
DATE: Jan 30, 2004
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The booming construction industry maintained its strength through the first three quarters of 2003, with more than $120 million worth of work put in place.
The Quarterly Bulletin of Statistics also revealed that through the first nine months of the y...
DATE: Jan 30, 2004
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TORONTO (Reuters) ? Fairmont Hotels and Resorts Inc. reported a fourth-quarter loss yesterday, hurt by the slump in travel created by last year?s SARS outbreak and by hurricane damage at its Bermuda hotels, but revenue rose as luxury-hotel demand inc...
DATE: Jan 29, 2004
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The Bank of Bermuda's pending sale to multinational banking giant HSBC Plc was yesterday given an overwhelming vote of confidence by the Island's business community.
But business leaders also recognised that the financial merits of the deal did not d...
DATE: Jan 29, 2004
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The Royal Gazette/Bermuda Stock Exchange index continued to its record-breaking climb yesterday.
A new record was set yesterday when Belco, Argus and BF&M all made gains pushing up the index by 6.95 or 0.22 percent to a new all-time high of 3,172.45....
DATE: Jan 29, 2004
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The construction industry will continue to boom in the next one to two years, with longer term projects on the horizon which could keep the sector busy for the next five to ten years, according to the Chamber of Commerce.
Alan Burland, president of B...
DATE: Jan 29, 2004
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SACRAMENTO (Associated Press) ? The California state Senate failed yesterday to win a two-thirds majority to force corporations that move offshore to pay millions of dollars in taxes to California.
The bill aimed to crack down on publicly traded US c...
DATE: Jan 29, 2004
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Arch Capital (UK) Ltd., a subsidiary of Bermuda-based Arch Insurance Group has named Graham Ward as chief financial officer.
Mr. Ward, an accountant, has spent the last 12 years at Liberty Mutual ? most recently as Finance Director. Before that, he w...
DATE: Jan 28, 2004
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The Royal Gazette/Bermuda Stock Exchange rose fractionally yesterday by 0.14 percent after two stocks increased in price, taking the exchange to yet another all time high.
Bermuda Commercial Bank rose 20 cents to $9.45 and BF&M gained 50 cents to fin...
DATE: Jan 28, 2004
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