49296 results returned for search: "" category ("Other" AND "Business")
1,583.14 on a share volume of 15,474, valued at $276,517.25.
In the banking sector, six out of seven issues traded, with all but one closing unchanged. Bermuda Home finished 50 cents higher at $10 as 200 shares changed hands.
Outside of that sector o...
DATE: Mar 26, 1998
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(Bermuda) Ltd. is back. And they are aiming to wipe out their bank debt by the end of the fiscal year.
The firm said it is now in a healthy state and has re-established relations with the franchise's head office, Tricon International, after what was ...
DATE: Mar 26, 1998
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AUTHOR:
David Fox, Business Editor
On the eve of an ambitious scheme to begin publishing its weekly newspaper twice-weekly, Island Press (Holdings) Ltd. has again declared a net loss for the year. The annual results for the year to September 30, 1997 are being released this month, nea...
DATE: Mar 26, 1998
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AUTHOR:
David Fox, Business Editor
percent stake in the British supermarket group Somerfield Plc to institutional investors for $290 million.
Dairy Farm, headquartered in Hong Kong, is the food-retailing unit of the Bermuda-based Jardine Group. It had revenue of $6.9 billion in 1997.
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DATE: Mar 26, 1998
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what Bermuda executives have been speculating about for some time -- a new acquisition target.
It is believed that the burgeoning Bermuda insurer, as early as today, could announce they have bought their second Bermuda `cat' reinsurer, CAT Ltd., or, ...
DATE: Mar 26, 1998
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CATEGORY:
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AUTHOR:
David Fox, Business Editor
a more than 26 point slide on Monday. The index closed at 1,583.14 on share volume of 10,724, valued at $174,952.
Bank of Bermuda warrants fell another $1 to $10 after trading volume of 1,500.
Meanwhile, Bank of Butterfield remained unchanged at $16....
DATE: Mar 25, 1998
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1997 loss of 2.03 billion Swiss francs ($1.4 billion) yesterday after taking a staggering 6.31 billion francs in special acquisition-related charges.
But it proposed raising its dividend on 1997 results given a ten percent rise in underlying group ne...
DATE: Mar 25, 1998
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Island become a leader in the market for the convergence of insurance and capital markets -- a process also known as the securitisation of insurance risk.
The primary goal of the Insurance Amendment Act 1998 is to allow persons and entities who are n...
DATE: Mar 25, 1998
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in Standard and Poor's Micropal Offshore Territories Survey for its mutual funds overall one-year performance.
Pictured at the ceremony at National Gallery (above) was Butterfield Asset Management managing director Peter Wignall.
The company's mutual...
DATE: Mar 25, 1998
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opportunity to study the legislative result of the decision announced in the UK Chancellor of the Exchequer's new budget which would retrospectively tax offshore trusts that had previously escaped taxation.
The Chancellor has announced the planned re...
DATE: Mar 25, 1998
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor