49296 results returned for search: "" category ("Other" AND "Business")
Citing "changing times'' and the loss of Sunday business to supermarkets, Hitching Post owner Mr. Frank Arnold said yesterday he'd be closing for good next week.
"We were one of the first stores to open Sundays and holidays. Nowadays, everybody's ope...
DATE: Feb 12, 1997
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obtained as the security services company's lender to help Western Resources Inc. in its $3.5 billion hostile bid for ADT.
The Bermuda-registered company claims Chase agreed in 1993 not to finance a takeover attempt for ADT when the bank helped arran...
DATE: Feb 12, 1997
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new aerospace unit, the insurer said yesterday.
ACE senior vice president Gary Cooke will head the new division with Inken Gerlach, vice president, as his deputy, ACE said.
"We are witnessing an increasing number of strategic alliances within the aer...
DATE: Feb 12, 1997
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Stirling Cooke Insurance Services, Inc. recently completed an asset purchase agreement with Gulf Atlantic Management Group.
Florida-based Stirling Cooke is a wholly-owned subsidiary of Stirling Cooke North American Holdings whose parent is Stirling C...
DATE: Feb 11, 1997
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captive insurance domiciles, Bermuda market figures show.
Newly-appointed chairman of the insurance industry's marketing committee, Roger Gillett, said yesterday that the industry last year increased its share of the world's new insurance incorporati...
DATE: Feb 11, 1997
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AUTHOR:
David Fox, Business Editor
Butterfield declined 50 cents closing at $9 and Bank of Bermuda closed down 25 cents at $16.75. In other trading on the BSX yesterday, Argus edged up 12.5 cents to $12. Bermuda Press (Holdings) was unchanged. ---- Chart, Page 10
DATE: Feb 11, 1997
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Property catastrophe reinsurer PartnerRe has declared net income of $249.7 million ($4.50 per share) for the year to December 31, a 11.6 percent increase over the year before ($223.8 million or $3.99 per share).
President and CEO Herbert Haag said, "...
DATE: Feb 11, 1997
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AUTHOR:
David Fox, Business Editor
Power & Light Co. for about $2.7 billion in stock and assumed debt, in the first successful hostile takeover of a US utility.
Western will pay $32 a share in stock for each of Kansas City Power's about 61.1 million shares outstanding, and assume $835...
DATE: Feb 11, 1997
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indemnity (P&I) business to Australian insurer HIH Winterthur Insurance Group, the company said on Friday.
Under the changes, Sphere Drake plans to focus "only on lines of business where it can offer meaningful capacity and support to its customers.'...
DATE: Feb 10, 1997
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since daily trading commenced four years ago, 176,577 shares worth just over $2 million changed hands last week.
The largest previous one week total was $1.4 million on volume of 116,627 for the week ending August 2, 1995.
Trading of TeleBermuda was ...
DATE: Feb 10, 1997
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