49296 results returned for search: "" category ("Other" AND "Business")
Nordic American Tanker Shipping Ltd. yesterday announced that the dividend for 2Q10 was $0.60 per share which is the same as for 1Q10. At a time when several shipping companies produce negative results, the Board of Directors is pleased to announce t...
DATE: Aug 10, 2010
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DETROIT (Reuters) - Chrysler Group LLC reported a quarterly net loss yesterday, underscoring the pressure on the smallest US automaker from a slack economy and an ageing product line-up.
The automaker, which plans an IPO next year, said US sales grew...
DATE: Aug 10, 2010
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CHICAGO (AP) - Could David be losing his historical edge over Goliath in the stock market? Investors are starting to wonder.
Small-cap stocks have lost their sizzle in recent months, falling 12 percent and underperforming blue chips since the market'...
DATE: Aug 09, 2010
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WASHINGTON (Reuters) - Friday's US employment report provided an odd mix of unpleasant surprises that add another question mark to the pace of economic recovery.
Companies cut back on temporary hires, a segment normally considered a harbinger of futu...
DATE: Aug 09, 2010
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BERLIN (AP) - German insurer Allianz SE said on Friday that its net profit dropped 46 percent in the second quarter as lower gains on assets and investments outweighed an improvement in business and revenues.
Allianz, based in Munich, earned 1.02 bil...
DATE: Aug 09, 2010
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TORONTO (Reuters) - Canadians have to eat in good times and bad, but they do not have to buy a new snowblower.
That is simple logic behind the rally in consumer staples during Bay Street's turbulent second quarter when economists started to fret abou...
DATE: Aug 09, 2010
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Bermuda-based tech firm Ignition will be providing Digicel Cayman with its latest Virtual Office Cloud (IVOC™) service to enable the mobile phone provider to expand its business solutions portfolio.
The service is primarily targeted at the small to m...
DATE: Aug 09, 2010
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Butterfield Bank is on the road to recovery and hopes to end the year with a return to profitable growth, says chief executive officer Bradford Kopp.
Last week, the bank scraped a second-quarter profit of $200,000, with its revenues continuing to be ...
DATE: Aug 09, 2010
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AUTHOR:
Jonathan Kent
LONDON (Reuters) - Lloyd's of London insurer Catlin on Friday reported a steeper than expected slide in first-half profit, hit by the BP oil spill, the Chilean earthquake and currency fluctuations.
Bermuda-based Catlin had a pretax profit of $86 mill...
DATE: Aug 09, 2010
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Bermuda-based Enstar Group Ltd. reported a more than 40 percent rise in net earnings for the second quarter.
The company, which specialises in acquiring and managing insurance and reinsurance companies in run-off, posted profit of $12.4 million, or 9...
DATE: Aug 09, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent