49296 results returned for search: "" category ("Other" AND "Business")
Bermuda-based electronic payment company Promisant has formed two strategic alliances that could have significant business impact for the firm.
On Monday Promisant, which was formed in 1999, announced that multinational manufacturer of silicone-based...
DATE: Apr 24, 2002
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Concern has arisen worldwide about the pale people who spend too much time before a computer screen surfing away on the Internet. The Singapore government site on the subject (www.camp.org.sg) warns that the common signs of Internet addiction include...
DATE: Apr 24, 2002
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Shareholders of Bank of Bermuda stock yesterday got a windfall from the bank's listing on the NASDAQ, when the stock rose by $3.50 on the Bermuda Stock Exchange to $48.00, and continued to rise on the NASDAQ, closing at $48.55 on the first day of tra...
DATE: Apr 24, 2002
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Oil Casualty Insurance Ltd. posted net losses for 2001 of just under $19 million - the first losses the company has faced in ten years after poor returns from investments and the worst level of losses the company has faced since 1992.
Oil Casualty In...
DATE: Apr 24, 2002
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Profits of Bermuda reinsurer Everest Re Group have risen in the first quarter of 2002 by nearly 22 percent, according to figures released by the company yesterday.
Net income was reported at $61.1 million, or $1.24 per diluted share, a 21.8 percent i...
DATE: Apr 24, 2002
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Bank of Bermuda's listing on Nasdaq yesterday pushed the company's shares up by $3.50 yesterday to close at $48 on the Bermuda Stock Exchange.
This in turn pushed the index to 2788.61 up by 121.02 points or 4.54 percent on volume of 11,088 shares wor...
DATE: Apr 24, 2002
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The Royal Gazette/Bermuda Stock Exchange yesterday recorded a 9.37 point gain to close at 2,667.58.
The highest volume of trading came from Watlington Waterworks which posted a $1.25 gain on its share price, to finish at $3.75. The utility company al...
DATE: Apr 23, 2002
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After 35 years of running International Sports Shop William Minors could probably do the job in his sleep, but the veteran sportsman and Hamilton retailer said he prefers a "hands on" policy.
In celebrating 35 years in business, Mr. Minors said: "It ...
DATE: Apr 23, 2002
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Bank of Bermuda will now face even more scrutiny because of its listing on NASDAQ, but this does not phase the bank's management team.
Fox-Pitt, Kelton Keefe, Bruyette and Woods and Merrill Lynch will all now be watching the bank and issuing statemen...
DATE: Apr 23, 2002
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Bermuda and other nations that signed letters of agreement with the Organisation for Economic Cooperation and Development to avoid being put on a stop-list of countries with allegedly harmful tax practices and tax evasion, could opt out of their comm...
DATE: Apr 22, 2002
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