49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Reuters) - IBM's quarterly revenue missed Wall Street's expectations and a decline in services contract signings further damaged investors' confidence, sending its shares down three percent.
While firm growth in the company's higher-margin ...
DATE: Jul 20, 2010
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TORONTO (Reuters) - Toronto's main stock index closed lower yesterday as gold prices skidded and as financial shares fell ahead of the Bank of Canada's interest rate announcement today.
Barrick Gold, the world's No.1 gold producer, dropped 1.3 percen...
DATE: Jul 20, 2010
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The Ascendant Group Ltd. dropped 1.78 percent (25 cents) to $13.75 on The Bermuda Stock Exchange (BSX) yesterday.
The utilities company traded 3,500 shares during the day.
Bermuda Commercial Bank Ltd. also fell one percent (10 cents) to $9.90, as 200...
DATE: Jul 20, 2010
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SEOUL (Reuters) - Deutsche Bank is set to buy American International Group Inc's building at 72 Wall Street for about $60 million from a consortium including South Korea's Kumho Investment Bank, a person with knowledge of the deal said on yesterday.
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DATE: Jul 20, 2010
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Investors in wound-up Emerald Financial Ltd.'s Strategic Growth Fund and High Income Fund have got back more than 90 percent of their money.
Official Receiver and Registrar of Companies Stephen Lowe said that Strategic Growth Fund investors were give...
DATE: Jul 19, 2010
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Many of our clients are asking if the recession is over and when will the economic recovery begin in Bermuda?
I decided to try and figure out Bermuda's Gross Domestic Product (GDP) for the first quarter of 2010. My analysis that follows is not an att...
DATE: Jul 19, 2010
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TORONTO (Reuters) - The Bank of Canada's rate increase campaign should not hurt Canadian stocks as badly as past tightening cycles, given that only moderate moves are expected and rates will remain near record lows for some time.
Markets are betting ...
DATE: Jul 19, 2010
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NEW YORK (Bloomberg) — Goldman Sachs Group Inc.'s $550 million settlement with US regulators, announced at the end of last week, will benefit the firm by ending three months of uncertainty at an affordable price. Now the rest of Wall Street begins ca...
DATE: Jul 19, 2010
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Aurum Macro Fund Ltd.'s secondary listing of 4,999,000 shares has been approved by the listing committee of the Bermuda Stock Exchange (BSX).
The primary listing for the Aurum Macro Fund is the Irish Stock Exchange. The listing was effective from Jun...
DATE: Jul 19, 2010
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NEW YORK (Reuters) - American International Group Inc. is expected to name former Prudential Plc chief executive Mark Tucker as head of AIA, as it prepares the Asian life insurance unit for an initial public offering, a source familiar with the matte...
DATE: Jul 19, 2010
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