49296 results returned for search: "" category ("Other" AND "Business")
Bermuda's telephone price war shows no signs of letting up.
Yesterday Cable and Wireless sounded a tone of defiance after rival TeleBermuda slashed its rate.
C&W vowed to "respond accordingly'' as the Island's long distance service carriers continued...
DATE: Nov 16, 2000
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Most action was seen in the banking sector. Two hundred shares of the Bank of Bermuda and Bermuda Commercial Bank were picked up while 2,000 Bank of Butterfield shares moved.
bank of Bermuda shares fell a half to close at $39.50, Bermuda Commercial B...
DATE: Nov 16, 2000
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tour of duty in the North Atlantic.
Destroyer HMS Cardiff and Royal Fleet Auxiliary Black Rover will arrive tomorrow after a six-month tour of duty as the UK Atlantic Patrol Task ship.
It departs Bermuda on Saturday.
Meanwhile, the cable-laying ship ...
DATE: Nov 15, 2000
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Reinsurance advisors Guy Carpenter & Company, Inc., will be opening a Bermuda office to handle its business on the Island.
Guy Carpenter & Company is a leading global reinsurance intermediary that advises insurance and reinsurance companies on risk m...
DATE: Nov 15, 2000
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further sigh of relief today as a new rate cut was announced last night.
And TeleBermuda General Manager James Fitzgerald hinted that more changes are afoot -- promising "many new initiatives and undertakings that we will be sharing in the next 30 to...
DATE: Nov 15, 2000
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AUTHOR:
Patrick Burgess
The setting up of a Bermuda holding company will allow Arch Capital Group to benefit from a good financing, regulatory and tax environment, reports Mairi Mallon .
Arch Capital Group Ltd has officially become the latest reinsurance company to relocate...
DATE: Nov 15, 2000
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bonds later this week to help balance its $2.5 billion purchase of Lucent Technologies Inc.'s power systems unit.
When sold, Tyco's offering would be the largest convertible sale this year, following a $2.0 billion offering from fibre-optic maker Cor...
DATE: Nov 15, 2000
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cease many of its past underwriting areas, Bermuda-based reinsurer ESG Re suffered a $34.3 million loss in its third quarter earnings.
The "disappointing'' results were released yesterday and showed a loss per share of $2.90.
"We continue to be expos...
DATE: Nov 15, 2000
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share.
The amount, which was decided at a meeting of the Board of Directors on October 24, is payable to shareholders of record on November 15, 2000 and payable on November 24.
DATE: Nov 15, 2000
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improvements to its earnings but third quarter results released yesterday, still show the company in the red.
CME reported combined third quarter 2000 operating earnings for continuing operations of negative $4.4 million, an improvement of $0.2 milli...
DATE: Nov 15, 2000
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