49296 results returned for search: "" category ("Other" AND "Business")
fuel, staving off inflation concerns.
Permanent Secretary of Finance, Donald Scott said that the ministry wanted to clarify that the fuel oil that Belco uses to generate electricity was not impacted by the five percent fuel tax increase in last month...
DATE: Mar 15, 2001
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for Bermudian investors with some cash to spare to invest in bargain-basement stock, according to a leading portfolio manager.
Andrew Callender, portfolio manager at INVESCO Asset Management, was invited to Bermuda to speak to local investors about t...
DATE: Mar 15, 2001
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The only trades were in two of the banks. Bank of Bermuda dropped $1.50 to close at $48.00 after trading 100 shares and Bank of Butterfield remained at the same price of $25.50 after trading 1,013 shares.
DATE: Mar 15, 2001
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Bermuda-based Tyco International's planned $9.2 billion purchase of finance company CIT Group Inc. and the $53 billion of debt it affects.
Moody's Investors Service said it might raise Tyco's "Baa1'' senior unsecured debt rating and affirmed its "Pri...
DATE: Mar 15, 2001
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`Conserving Bermuda's Biodiversity' is the subject of a two day workshop at the Fairmont Hamilton Princess today and tomorrow. The workshop is being hosted by the Bermuda Zoological society (BZS) and facilitated by UK representatives of Flora and Fau...
DATE: Mar 15, 2001
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Commercial Risk Reinsurance, the principal operating subsidiary of the Commercial Risk group, yesterday announced consolidated net earnings of $25,453,000 for the year ended December 31, 2000.
This represents a 12 percent decline on 1999 results but ...
DATE: Mar 15, 2001
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The FBI and Bermuda Police were called in to probe fears that terrorist cash was being laundered through a Caribbean bank.
Two Bermudian executives at Swiss American Bank and an Island accountant feared IRA (Irish Republican Army) cash was being laun...
DATE: Mar 15, 2001
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warning yesterday, citing tumbling prices in the United States and Japan, in a statement that angered the market and wiped 20 percent off its share price.
Only minutes after assuring investors it did not have any bad news up its sleeve, C&W said its ...
DATE: Mar 14, 2001
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company, has announced plans to buy independent commercial financing company, the CIT Group, for around $9.2 billion.
Tyco will add this financing component to its broad array of businesses through a tax-free stock-for-stock exchange.
CIT shareholder...
DATE: Mar 14, 2001
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yesterday said his company's $9.2 billion bid to buy financing company CIT Group Inc. is part of a plan he started several years ago to build a conglomerate that is resistant to the effects of a weaker economy.
Recurring revenue and growth acquisitio...
DATE: Mar 14, 2001
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