49296 results returned for search: "" category ("Other" AND "Business")
The owner of the Southampton and Hamilton Princesses, Fairmont Hotels & Resorts, yesterday reported a drop in sales for the fourth quarter of 2001.
But the company, which spun off last year from conglomerate Canadian Pacific, would have reported a lo...
DATE: Jan 24, 2002
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Shareholders in the China Heartland Fund (the Fund), which is traded on the Bermuda Stock Exchange, will be asked to make a decision whether to reconstruct or liquidate the Fund following the suspension of trading of shares in the Fund in May last ye...
DATE: Jan 24, 2002
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The Royal Gazette/Bermuda Stock Exchange Index gained 3.44 points or 0.13 percent yesterday to close at 2,599. A total of 16,331 shares worth $544,091 were traded.
The Bank of Bermuda fell 25 cents or 0.6 percent to close at $43.25 on volume of 6,800...
DATE: Jan 24, 2002
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Insurance economist Robert Hartwig yesterday said the Island's insurance sector is crucial to the industry's recovery on a global scale.
Although agreeing with recent international news reports that claim the surge of new capital to the Island's exis...
DATE: Jan 24, 2002
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Lines Overseas Management (LOM) (Holdings) Limited this week celebrated six months of listing on the Bermuda Stock Exchange (BSX) and released a further ten percent of its ordinary shares.
These represent the ten percent of the outstanding non-founde...
DATE: Jan 24, 2002
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AM Best has assigned an initial financial strength rating of A (Excellent) to Bermuda-based Grand Central Re Limited.
The company was set up in May, 2001 as a joint venture between Germany's second largest bank HypoVereinsbank and Bermuda-based reins...
DATE: Jan 24, 2002
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Bermuda's balance of payments surplus for the third quarter of 2001, which ended on September 30, stands at $34 million and could be seen as a sign of a continued slowing in the local economy.
Bermuda Monetary Authority (BMA) general manager Monroe S...
DATE: Jan 23, 2002
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More than $2 million was spent yesterday on Bank of Bermuda stock on Bermuda Stock Exchange, pushing its price up by 50 cents or more than one percent to $43.50.
The only other shares to change hands were Bank of Butterfield, which remained at $32.
T...
DATE: Jan 23, 2002
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The rate of new company incorporations for the third quarter of 2001, which ended on September 30, appears to be in decline with 376 incorporation applications being approved in the third quarter of 2001 compared to 505 during the same period the yea...
DATE: Jan 23, 2002
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NEW YORK (Reuters) - Accenture Ltd., the consulting firm once affiliated with accounting firm Andersen, said yesterday it had no involvement in the firm's services, including its audit of troubled Enron Corp.
Andersen disclosed earlier this month its...
DATE: Jan 23, 2002
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