49296 results returned for search: "" category ("Other" AND "Business")
Bermuda-based investment firm LOM (Holdings) Ltd., as well as brothers Scott Lines and Brian Lines, have agreed to settle with US financial regulator, the Securities and Exchange Commission (SEC), over a long-running fraud complaint.
The revelation, ...
DATE: Sep 28, 2010
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AUTHOR:
Jonathan Kent
Golden Ocean Group Ltd. has entered into an agreement with Knightsbridge Tankers Ltd. to sell the capesize vessel Golden Zhejiang for $65.5 million.
The vessel will be sold together with the existing four-year charter agreement. The completion of the...
DATE: Sep 28, 2010
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TORONTO (Reuters) - Toronto's main stock index slipped lower at the close yesterday following a muted day of trading as weak financials and gold miners undermined strength in energy issues and base metal miners.
Hitting financials, which were off 0.6...
DATE: Sep 28, 2010
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NEW YORK (Bloomberg) — The US Treasury Department may announce plans as early as this week to return American International Group Inc. to independence and recoup taxpayer money from the insurer's bailout, according to three people with knowledge of t...
DATE: Sep 28, 2010
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LONDON - Britain's top share index closed lower in directionless trade, with Smiths Group out of favour, hurt by a downgrade from BofA Merrill Lynch, while Unilever rose after a US acquisition. The FTSE 100 closed at 5,573.42 points, down 25.06 or 0....
DATE: Sep 28, 2010
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Majestic Capital, Ltd., formerly known as CRM Holdings, Ltd., has agreed to be bought by Bayside Capital Partners LLC for 45 cents per share in cash, or about $7.8 million.
Majestic, incorporated in Bermuda, has executive offices in the Town of Pough...
DATE: Sep 28, 2010
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Butterfield Bank was the big trader on The Bermuda Stock Exchange (BSX) yesterday, seeing 6,709 shares change hands.
But the bank's share price remained unchanged at $1.50.
KeyTech and the Ascendant Group also transacted 5,500 and 100 shares respecti...
DATE: Sep 28, 2010
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MEBANE, North Carolina (Bloomberg) — Brandy Burkhead, 28, says she lost her $13-an-hour job as a medical assistant in April and hasn't been able to find work since.
"It's a battle," said Burkhead, standing in a line of people waiting yesterday to app...
DATE: Sep 28, 2010
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A new $1 billion collaterlised catastrophe reinsurance fund has been set up in Bermuda, according to the Bermuda Monetary Authority's (BMA) latest list of company registrations.
The BMA's list revealed that Catco Investment Management Ltd. was one of...
DATE: Sep 28, 2010
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NEW YORK (AP) - Stocks took a pause yesterday from their big September rally as worries about the financial sector offset excitement over a fresh round of corporate dealmaking.
The Dow Jones industrial average lost 48 points in a late-day slide, but ...
DATE: Sep 28, 2010
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CATEGORY:
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