49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Reuters) - A federal appeals court in New York upheld the convictions of two former KPMG LLP officials and a lawyer over illegal tax shelters on Friday, but threw out a $6 million fine against one of the defendants.
A Manhattan jury had in ...
DATE: Aug 30, 2010
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The share prices of six domestic companies fell last week, causing an 8.76 percent slump on The Royal Gazette/Bermuda Stock Exchange Index.
Butterfield Bank fell 20 cents, or 11.8 percent, to $1.50 over the fives days of trading as 14,863 shares trad...
DATE: Aug 30, 2010
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NEW YORK (Bloomberg) — American International Group Inc.'s insurers agreed to a settlement of claims former top executive Maurice (Hank) Greenberg deceived investors that provides $90 million for the company, according to a court filing.
The insurers...
DATE: Aug 30, 2010
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NEW YORK (AP) — The dollar zigzagged on Friday after Federal Reserve chairman Ben Bernanke laid out steps the central bank would consider to bolster a weakening economy.
Bernanke said the Fed would consider a large-scale purchase of securities, likel...
DATE: Aug 30, 2010
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BCB Holdings Ltd.'s profits dropped by more than $5 million during the quarter ended 30 June, 2010, the first quarter of fiscal 2011, according to a filing to the Bermuda Stock Exchange.
The company reported a net income of $8.9 million for the quart...
DATE: Aug 30, 2010
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I have my own spin to put on the news that sales of existing homes plunged 27 percent in July: Stop thinking of your home as your cash cow.
In the last several decades, borrowers have heavily leveraged themselves using their houses to buy the things ...
DATE: Aug 28, 2010
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Seems like everyone has been off Island, in one form vacation or another, during the dog days of August. You've probably had such a good time, you'd rather be there than here. Thought processes are churning, perhaps planning for the next trip with a ...
DATE: Aug 28, 2010
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NEW YORK (Reuters) - Stocks rebounded to post their best gains in nearly four weeks yesterday, overcoming initial skittishness brought on by a revenue warning from Intel and dour comments from Federal Reserve Chairman Ben Bernanke.
Strong buying inte...
DATE: Aug 28, 2010
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West Hamilton Holdings Ltd. bounced back from its previous big loss this week, climbing 32.5 percent on The Bermuda Stock Exchange (BSX) yesterday.
The consumer company traded 350 shares to close at $2.45.
The only other trader was BF&M Ltd., which s...
DATE: Aug 28, 2010
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LONDON - Britain's top share index rose 0.9 percent, lifted by telecoms, and ended two straight weeks of losses, though trading was thin as investors remained wary of the United States slipping back into recession. Defensive stocks were in demand, he...
DATE: Aug 28, 2010
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