49296 results returned for search: "" category ("Other" AND "Business")
Richard Davidge will be moving his business up a gear in 2003. The owner of EuroCars Limited is building a new showroom, diversifying into motorbikes and bringing the first Renault trucks to Bermuda.
As sole agents for Renault, EuroCars did a roaring...
DATE: Jan 03, 2003
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Chicago-based Robbins Futures Inc. and its president, Joel Robbins, might face a fine for failing to notice signs that a client was bilking customers of millions of dollars, the Commodity Futures Trading Commission said.
The Chicago Sun-Times reporte...
DATE: Jan 03, 2003
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BOSTON (Reuters) - Bermuda-based Tyco International Ltd. shares surged nearly 12 percent on Tuesday as investors took heart that a massive internal probe failed to find any significant accounting fraud during the regime of indicted former Chairman De...
DATE: Jan 02, 2003
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Belco Holdings Limited, the parent company of the Bermuda Electric Light Company and Bermuda Gas, declared one for ten stock dividend on Tuesday.
In a letter sent to shareholders on Tuesday, the company's chief executive, Garry Madeiros, said the per...
DATE: Jan 02, 2003
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New Year's Eve was another quiet day on the Bermuda Stock Exchange. The index gained 1.72 points, or 0.08 percent to close at 2,220.44.
The only shares to change hands were in BF&M Limited, the price of which rose a quarter point to $10.25. Just over...
DATE: Jan 02, 2003
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Retail sales increased during four of the first ten months of 2002, but it seems that the growth recorded is likely due to fluke circumstances than a turnaround in the sector. The figures for July and August, for instance, were affected by the dates ...
DATE: Dec 31, 2002
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Riding a wave of post-September 11 patriotism, legislators in the United States began assessing the patriotism of US companies this year.
When it came to Bermuda, they often didn't like what they saw - corporations domiciled in the US that reincorpor...
DATE: Dec 31, 2002
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Montpelier Re Holdings raised $201 million from its IPO in October. The company offered its shares at $25 apiece. After fluctuating between $21.40 and $29.75, the share price was $28.83 at the end of trading yesterday.
Platinum Underwriters Holdings ...
DATE: Dec 31, 2002
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After five years of planning and overcoming regulatory hurdles, the Bank of Bermuda, listed its shares on the Nasdaq this April, becoming the first local company to list on an overseas market.
More than seven months later, the listing's effect on the...
DATE: Dec 31, 2002
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Mutual Risk Management (MRM) encountered trouble in February, when the company posted losses of close to $100 million for the fourth quarter after its US insurance companies - Legion and Villanova - ran into troubled financial waters because of an in...
DATE: Dec 31, 2002
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