49296 results returned for search: "" category ("Other" AND "Business")
The Bank of Butterfield saw the heaviest trading as 18,220 shares closed down a half at $18. At the Bank of Bermuda 715 shares rose a half to close at $38.
Four hundred Argus shares rose a quarter to end out the day at $17.75. Five thousand four hund...
DATE: Aug 25, 2000
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The Chamber of Commerce needs more information before it can reach a consensus about Government plans to relax rules requiring 60 percent Bermudian ownership of local companies.
And Ian Smith, chairman of the Chamber's Visitor Retail Division, said l...
DATE: Aug 25, 2000
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AUTHOR:
Jarion Richardson
wasn't enough, Overseas Partners Limited came to another stumbling block yesterday as A.M. Best, the insurance ratings agency, downgraded its rating from A (Superior) to A (Excellent).
The new rating is a result of the company's struggle to repositio...
DATE: Aug 25, 2000
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increase undersea cable capacity in the region.
Asia Global Crossing plans to upgrade its Pacific Crossing Cable system (PC-1), a 21,000-kilometre rink network that was developed and installed by TyCom, the telecommunications subsidiary of Tyco Inter...
DATE: Aug 25, 2000
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Aa2 (Excellent) insurance financial strength rating by Moody's, the credit ratings agency.
ACE Global Markets is a subsidiary of Bermuda-based ACE Limited. According to a company release, syndicate 2488 is currently the largest single syndicate at Ll...
DATE: Aug 25, 2000
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agreement with COMSAT International to increase the company's undersea cable capacity between Argentina, Brazil and America.
COMSAT is a business unit of Lockeed Martin Global communications (LMGT) that provides network services to corporate customer...
DATE: Aug 25, 2000
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the following appointments: Jonathan Heckscher , money market manger, is manager of the LOM Money Market Funds and is responsible for discretionary fixed income management. He is also a member of the LOM Group's Investment Policy Committee. Prior to...
DATE: Aug 25, 2000
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dividend yesterday after announcing substantial second quarter losses.
The company blamed 1999 storms for quarterly losses of $23.527 million, or $2.07 per share, earlier this month.
The dividend will be paid on September 20 to stockholders of record...
DATE: Aug 25, 2000
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financial strength rating of Bermuda-based Annuity and Life Reassurance Ltd., citing the company's "progress in implementing its business plan, superior capitalisation, financial flexibility and conservative approach to underwriting''.
But these adva...
DATE: Aug 25, 2000
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Bermuda and the world on to the benefits of consolidating computer functions.
Businesses will no longer have to maintain a dedicated computer department and invest in costly information technology specialists, as Sbi Ltd. a division of Ignition, will...
DATE: Aug 25, 2000
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