49296 results returned for search: "" category ("Other" AND "Business")
DATE: Jun 19, 1997
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CATEGORY:
Other
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The Court of Appeal has ruled it has no jurisdiction to entertain an appeal by reinsurer Kemper Re in the latest legal battle involving the controversy surrounding the move from Massachusetts to Bermuda by Electric Mutual Liability Insurance Co..
Kem...
DATE: Jun 19, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
tomorrow so that its crew of cadets can enjoy some rest and relaxation.
A spokesman for Meyer Agency, the vessel's agent, said the ship was expected to leave on Sunday.
Meanwhile regular caller the Bermuda Islander arrived from Salem New Jersey with ...
DATE: Jun 19, 1997
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CATEGORY:
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Bermuda Bakery Ltd.'s losses in its bakery division were offset by higher profits in its rental division to give the company a net income of $137,602 for 1996.
In the 1995 year ended December 31, the company had net income of $17,843, which dropped f...
DATE: Jun 19, 1997
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
yesterday on a volume of 25,339 shares valued at $329,123.25 with ten stocks and and one bond trading. Six issues gained, four declined and one was unchanged in value.
Among the leaders were the Bank of Bermuda, up $1.50 to a high of $23 on volume of...
DATE: Jun 19, 1997
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CATEGORY:
Other
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company they want to use for local calls under a deal forged between the Bermuda Electric Light Co. Ltd. and Cable & Wireless PLC.
North Atlantic Telecommunications Ltd. will compete with the Bermuda Telephone Co. Ltd. using a fibreoptic cable system...
DATE: Jun 19, 1997
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
consecutive month in April, Government reported yesterday.
Coming off a substantial comparative March rise of 24.5 percent, residents declared some $2,312,000 worth of goods in April, a six percent increase over April in the year before.
For the 12 m...
DATE: Jun 19, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
issues traded with one declining, one advancing and the rest remaining unchanged on a day where 7,506 shares worth $58,886.88 and bonds valued at $285,000 changed hands. Bank of Butterfield warrants rose $0.125 or 8.3 percent to $1.625 on volume of 7...
DATE: Jun 18, 1997
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CATEGORY:
Other
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Bubbling optimism for the future of the retail sector is typified by the opening of Highlander, a cashmere and tartan outlet recently-opened by Dicky King in the Butterfield Place mall on Front Street.
Having first seen the retail business up close d...
DATE: Jun 18, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
second quarter earnings as a result of a change in its underwriting strategy and improved investment returns.
EXEL earned net income of $211.6 million for the second quarter of 1997 ended May 31, a gain of 138 percent over the $89 million earned in t...
DATE: Jun 18, 1997
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin