49296 results returned for search: "" category ("Other" AND "Business")
The Bermuda Stock Exchange yesterday saw a huge volume of shares trade during the day - $1.7 million.
The main bulk of the shares were Bank of Butterfield, which lost 45 cents to finish at $38.50 and traded 39,582 shares.
LOM Holdings and KeyTech als...
DATE: Nov 25, 2003
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Deloitte & Touche has offered a $32 million settlement for a class action lawsuit filed in respect the the Manhattan Investment Fund fraud, according to a legal notice published in on Friday.
The pay out will be available to individuals and companies...
DATE: Nov 24, 2003
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Bermuda-based Globalstar LP, a bankrupt satellite-telephone company, won a judge?s approval to sell its assets to Thermo Capital Partners LLC after a planned sale to ICO Global Communications Holdings failed.
Thermo Capital will pay $43 million in ca...
DATE: Nov 24, 2003
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Government employees will soon be able to apply for vacation time and make travel requests through the new fully integrated Government website.
In a speech given to the House of Assembly on Friday, Minister of Tourism, Telecommunications and E-commer...
DATE: Nov 24, 2003
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Bank of Bermuda CEO Henry Smith last week said HSBC initially came to the table with an offer $11 lower than the final sales price of $45 per share.
The deal, which is for a total of $1.3 billion, will see HSBC buy out 100 percent of the bank, includ...
DATE: Nov 24, 2003
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Bermuda-based Endurance Speciality Holdings Ltd. is benefiting from the woes afflicting Scor SA, France?s biggest reinsurer, Bloomberg News reported on Friday.
Scor confirmed on Friday that several reinsurance brokers have stopped recommending the co...
DATE: Nov 24, 2003
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The Royal Gazette/Bermuda Stock Exchange Index gained 64.436 points last week which pushed it up to 2,813.55 points.
The volume of trading during the week stood at 201,945.
Leading that volume of trading was LOM (Holdings) with 155,000 shares moving ...
DATE: Nov 24, 2003
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The founding executives of XL Weather & Energy are leaving the company.
They will be replaced on an interim basis by Robert Lusardi, chief executive officer of XL Financial Products and Services, and David Shea, chief financial officer of XL Financia...
DATE: Nov 23, 2003
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When the Bermuda National Pension Scheme was instituted back in January 2000, not many could have foreseen that investments in large and small cap equity mutual funds would ride the roller coaster down, and down, and down.
Even monthly injections fro...
DATE: Nov 22, 2003
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These companies are on the cutting edge of technology in their respective fields, yet still command attention with their solid earnings and impressive service/product line.
Please keep in mind that you should consult your financial professional prior...
DATE: Nov 22, 2003
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