49296 results returned for search: "" category ("Other" AND "Business")
The Bank of Butterfield is outsourcing management of both its internal and external mail service for its Bermuda offices to Proserve Bermuda Ltd., a decision that the bank said would affect four staff.
The bank said mail staff were being given the op...
DATE: Oct 23, 2002
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Everest Re Group, Ltd. reported third quarter 2002 results on Monday evening with both operating earnings and net income affected by a $12.5 million expense due to a mark-to-market valuation adjustment on certain derivative contracts.
Excluding the i...
DATE: Oct 23, 2002
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Auto sales could be down because consumers are holding off on buying new wheels until they find out if larger cars will be allowed on Bermuda's roads.
Auto dealers told The Royal Gazette this week that while stock levels had been good, sales had been...
DATE: Oct 23, 2002
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If you're looking to invest $50,000, the Bank of Bermuda may be the place.
The bank recently announced an addition to its line of All Points Funds - the All Points Managed Portfolio - which it claimed was a customised investment vehicle that offered ...
DATE: Oct 23, 2002
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The Bermudian Business magazine, once a quarterly publication, will now be publishing six issues a year.
Publisher Tina Stevenson explained: "In response to a growing international market, the timing is perfect. All eyes are on Bermuda's thriving bus...
DATE: Oct 23, 2002
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Bermuda's two Princess Hotels helped parent Fairmont Hotels & Resorts Inc. (FHR) report a 36.4 percent increase in earnings before interest, tax, depreciation and amortisation (EBITDA). Releasing results yesterday William R. Fatt, chief executive off...
DATE: Oct 22, 2002
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The Royal Gazette/Bermuda Stock Exchange Index yesterday fell 70.66 points to close at 2,137.02 as Bank of Bermuda shares were battered after releasing its third quarter results yesterday.
The Bank of Bermuda saw its shares fall by $2 to close at $29...
DATE: Oct 22, 2002
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The debate over controversial corporate inversions may have died down for the time being but in reality may be far from over, according to those closely monitoring the situation both locally and in Washington.
Although both the US House and Senate ap...
DATE: Oct 22, 2002
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RenaissanceRe last night reported $80.4 million in third quarter net operating income available to common shareholders (excluding realised investment gains and losses), compared to $25.0 million in the third quarter of 2001.
Operating earnings per co...
DATE: Oct 22, 2002
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Bank of Bermuda's efforts to diversify their securities by outsourcing about 13 percent of their portfolio contributed to lower earnings, according to the banks third quarter earnings statement released yesterday.
Struggling equity markets and sustai...
DATE: Oct 22, 2002
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