49296 results returned for search: "" category ("Other" AND "Business")
There was little trading on the Friday before Labour Day weekend, with just 2,000 stocks changing hands on the Bermuda Stock Exchange.
Bank of Bermuda lost 50 cents to close at $46.50, while LOM lost 10 cents to finish at $3.90, the stock's 42 week l...
DATE: Sep 01, 2001
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Two Bermuda technology companies, Sbi and QuoVadis, have been awarded the Microsoft Fusion Award for Infrastructure.
Lionel Sacon of Microsoft presented the award to Sbi for the companies' work on the QuoVadis certificate authority.
Sbi is a Microsof...
DATE: Aug 31, 2001
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The Royal Gazette/Bermuda Stock Exchange index dipped 41 points yesterday as Bank of Bermuda as four stocks fell in price.
Bank of Bermuda fell $1.00 to $47.00 and Bank of Butterfield lost 50 cents to close at $32.00. Bermuda Commercial Bank warrants...
DATE: Aug 31, 2001
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Minister of Finance Eugene Cox has assured Bermudians that the latest exemption from the 60/40 ownership rule will not open the floodgates for all businesses to get a release.
And Mr. Cox hinted that more financial institution could get exemptions, b...
DATE: Aug 31, 2001
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XL Capital Ltd. announced yesterday that its insurance and reinsurance subsidiaries, XL Insurance Ltd and
XL Re Ltd, became the first Bermuda-based companies to receive ratings from Moody's Investor Services on August 21, 2001.
Moody's has assigned a...
DATE: Aug 31, 2001
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BELCO Holdings yesterday announced that its profits fell marginally after costs increased during the first six months of 2001.
The company announced that consolidated net earnings for the first six months of the 2001 financial year declined slightly ...
DATE: Aug 31, 2001
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With the Bermuda Telephone Company (BTC) scheduled to introduce high-speed phone lines Tuesday, Logic Communications, its sister company, announced its accompanying Internet access rates yesterday.
The high-speed lines, known as digital subscriber li...
DATE: Aug 31, 2001
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American International Group (AIG) expects improved earnings next year following the closure of a $23 billion deal to purchase American General Corporation (AGC) on Wednesday.
AIG has a strong presence in Bermuda and the $23 billion deal marks the la...
DATE: Aug 31, 2001
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Massive layoffs and restructuring by Gateway, the world's number four computer maker, will impact little on local distributor Gateway Systems Ltd - and may even help business, says local sales manager Paul Pearson.
Gateway chief executive officer Ted...
DATE: Aug 31, 2001
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An announcement that Bermuda based XL Capital will be added to the S&P 500 index boosted the company's stock price more than five percent during trading yesterday and by the end of a day in which all of the major indexes lost significant ground, XL p...
DATE: Aug 30, 2001
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