Log In

record low for February 15. But the chilly blast failed to reach the 1950's all-time low of 44 degrees. The Bermuda Weather Service said yesterday's temperature -- which was accompanied by hail -- beat the previous February 15 low of 51 degrees in 19...

percent to $488.3 million or $3.87 a share for the year ended December 31, compared to 1997. The company had total revenues of $1.3 billion for the year. Total assets increased to $4.4 billion. Members' equity was about $2.5 billion at December 31. O...

reveal progress in the $70 million overhaul of its facilities. And it unveiled its plans to install a communications system within months -- to cost upwards of $100,000 -- to keep all workers informed of company changes and events. But in stark contr...

IBM Blue Ribbon award in recognition of meeting sales, service and support targets in the Caribbean north district region. The district includes 19 countries and 36 IBM retailers. This is the eight time the company has been awarded the recognition.

Bermuda-based XL Capital Ltd. yesterday formally unveiled the company's new name as the insurer attempts to reposition itself in a highly competitive market. The company changed its name from Exel to XL Capital to properly identify itself as offering...

tomorrow at the Mariners Club from noon to 2 p.m. The event will begin with a panel discussion with representatives from Bermuda's three banks. Peter Roberts of Bermuda Commercial Bank, Graham Brooks of the Bank of Butterfield, Alan Richardson of the...

In the face of severe financial difficulties, office and medical supply company Staples Holdings Ltd. has suspended payment of preferred share dividends. In a statement, the company said the suspension of the semi-annual dividend on the preferred sha...

for Insurance Studies. Latin American Re chairman and chief executive officer Richard Meyer has also personally pledged $22,000 a year for five years to the Foundation. The money will be used for the Foundation's scholarships given to Bermudians annu...

by the Bermuda Stock Exchange. Insurance Broadcast System programming, on VSB television (channel 11, cable 4) 1-2 p.m. Monday to Thursday, and Sundays 8-10 a.m. Monitor information sessions, Chamber of Commerce, noon, February 16 and February 23. 29...

Bermuda from New York. The late-night flight in is expected to arrive on schedule -- so the Tuesday morning service back to JFK Airport will depart Bermuda. But AA's Bermuda spokeswoman Carol DeCouto said the flight would be delayed from its normal 7...