49296 results returned for search: "" category ("Other" AND "Business")
Bermuda insurance giant XL Capital Ltd announced on Friday that its Board of Directors declared a quarterly dividend of $0.46 per share payable on the company's ordinary shares.
The dividend will be payable on August 30, 2001 to shareholders of recor...
DATE: Jul 31, 2001
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WASHINGTON (Reuters) - The fast-spreading "Code Red" Internet worm, which disrupted US government Web sites last week, is likely to start multiplying again today and could slow the Internet worldwide, officials said yesterday.
Code Red, which first s...
DATE: Jul 31, 2001
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A deal to settle the lengthy Thyssen billion-dollar court battle appears to be be on the horizon, according to insiders close to the case.
The feud between father and son which had been raging in the Supreme Court over a $2.7 billion fortune had been...
DATE: Jul 31, 2001
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Bermuda Aviation Services Ltd. has posted record results for the second year running - but the company predicted a softening economy with lower revenues as airlines demand cheaper products.
BAS' net income rose by a massive 63 percent, to $2.1 millio...
DATE: Jul 30, 2001
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Profits at Devonshire Industries fell marginally by 2.5 percent due to lower gross margins, according to the company, but the company is guardedly optimistic for sales for the rest of this year.
Sales for the year ending March 31, 2001 were up margin...
DATE: Jul 30, 2001
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Over $5.6 million worth of stock moved on the Bermuda Stock Exchange in a bumper week of trading last week.
The biggest volume was in Bank of Bermuda shares, which overall gained 50 cents after yo-yoing during the week and traded over 60,000 shares.
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DATE: Jul 30, 2001
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The underlying trends for the business remain positive at the Bank of Bermuda, according to the bank's chief financial officer.
Edward Gomez said that the bank was continuing to expand its client base, but said that economic conditions have constrain...
DATE: Jul 27, 2001
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The President and Chief Executive Officer of Bank of Bermuda said yesterday that the bank expects to only have to pay $24.6 million as an out-of-court settlement related to a US investing scam.
The bank's Cayman offices had been named in connection w...
DATE: Jul 27, 2001
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The Bank of Butterfield has bought several banks in the Channel Islands which will expand its services for high net-worth individuals for an undisclosed sum of money.
Bermuda's second largest bank, which has a market capitalisation of $638 million,...
DATE: Jul 27, 2001
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BELCO will now be able to restore power faster during outages and improve day to day network reliability and efficiency after installing new software.
This is according to the Atlanta software CES International and ESRI Inc.
In a press release the co...
DATE: Jul 27, 2001
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