49296 results returned for search: "" category ("Other" AND "Business")
First there was Global Crossing Ltd., a $5 billion company which made Bermuda its headquarters and plans on expanding its presence here. Now a group of investors is planning on launching an even larger telecommunications project from Bermuda.
Project...
DATE: Aug 26, 1998
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Other
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third quarter, when compared with the same period last year.
And chairman, president and CEO Brian Duperreault said in a letter to shareholders, "The company has grown by strategic acquisitions and timely new ventures in our major markets, namely Llo...
DATE: Aug 25, 1998
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
One issue advanced as four declined, although only three of the latter counted for market capitalisation.
Bank of Bermuda closed unchanged at $34 after 1,400 shares changed hands. Bank of Butterfield also remained unchanged at $16.50 on a volume of 4...
DATE: Aug 25, 1998
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Island's rules restricting foreign ownership in local companies, The Bank of Bermuda is proceeding with getting a secondary listing on the NASDAQ stock exchange.
Bank president and chief executive officer Henry Smith stated yesterday that the bank wa...
DATE: Aug 25, 1998
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
underwriters have exercised in full their right to purchase an additional 3.15 million shares of Global Crossing stock at $19 a share.
The underwriters, Salomon Smith Barney and Merrill Lynch, were granted the over-allotment option by Global Crossing...
DATE: Aug 25, 1998
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strength rating from Standard & Poor's (S&P). It is the first time the youngish company has received a rating, which it can use to market itself to clients.
"The rating is based on explicit and implicit support from American International Group Inc. ...
DATE: Aug 24, 1998
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The Bermuda Connect Association began a campaign to expand membership in its secure electronic network for the Island last week. The network, currently made up of 21 member organisations with 2,500 users, has been operating on a trial basis using E-m...
DATE: Aug 24, 1998
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
Exchange, falling about six percent in value on a volume of 460,170 shares.
The fall -- on hefty volume 460,170 shares -- drove the index down 50.16 points for the week, or 3.4 percent, to finish at 1,478.62 on a volume of 537,474 shares valued at $1...
DATE: Aug 24, 1998
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Son Ltd. a deposit rating of "A3'', and a financial strength rating of "D plus'' because of the company's highly liquid, low-risk balance sheet and its modest, but predictable, core profitability.
"Recent provisions and restructuring expenses have hu...
DATE: Aug 24, 1998
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
closer together to increase the potential for new opportunities.
The networking organisation was formed by James Symonds upon his return to the Island from Scotland. He said it is important to let others know one's career objectives. He noted such a ...
DATE: Aug 24, 1998
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
