49296 results returned for search: "" category ("Other" AND "Business")
WASHINGTON — Goldman Sachs has agreed to pay $450,000 to settle regulators' allegations that it violated a rule related to short-selling of stocks in 2008-2009, it was announced yesterday.
The banking company did not admit or deny wrongdoing in payin...
DATE: May 05, 2010
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Bermuda reinsurer Maiden Holdings Ltd. last night reported first quarter 2010 net income of $13.6 million — up 3.6 percent from the same period of last year.
Net written premium totalled $311.3 million, compared with $336.5 million in the first quart...
DATE: May 05, 2010
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LONDON (Bloomberg) — Britain will face the sort of budget-cutting measures endured by Greece after tomorrow's general election, provoking "widespread resistance" by UK workers, the National Union of Rail, Maritime and Transport Workers said.
"We pled...
DATE: May 05, 2010
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PENNSYLVANIA (Bloomberg) — Hershey Co. CEO David J. West reiterated that he's open to acquisitions overseas, saying the candy maker has learned from its scrapped plans to bid for the UK's Cadbury Plc.
"We have a better understanding of what we would ...
DATE: May 05, 2010
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Endurance Specialty Holdings Ltd. yesterday reported a fall in first-quarter profit of more than 28 percent, after it suffered estimated losses of $65 million from catastrophes.
The Bermuda-based re/insurer posted net income of $55.8 million, or 91 c...
DATE: May 05, 2010
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AUTHOR:
Jonathan Kent
NEW YORK/SAN FRANCISCO (Reuters) – Apple Inc has sold one million iPads since their April 3 launch, as the company passed that sales milestone faster than many analysts had expected.
Apple said the 9.7-inch touchscreen iPad — a new category of device...
DATE: May 05, 2010
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NEW YORK (Bloomberg) — News Corp., owner of the Twentieth Century Fox film studio, reported fiscal third-quarter profits that beat analysts' estimates on ticket sales from the 3-D blockbuster 'Avatar' and improving cable network revenue.
Net income f...
DATE: May 05, 2010
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NEW YORK (AP) — Goldman Sachs has disclosed information about a half-dozen lawsuits filed against it by shareholders accusing the big Wall Street firm and senior executives of misconduct and abuse in the wake of civil fraud charges brought by the gov...
DATE: May 05, 2010
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LONDON (Bloomberg) — Goldman Sachs International, the European unit of Goldman Sachs Group Inc., paid its 5,500 employees average compensation of about $670,000 last year.
London-based Goldman Sachs International shrank its workforce in the region by...
DATE: May 05, 2010
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Bermuda-based insurer Flagstone Reinsurance Holdings Ltd. last night announced it had overcome estimated catastrophe losses of more than $50 million to record first-quarter net income of $31.5 million.
In the earnings statement, Flagstone chairman Ma...
DATE: May 04, 2010
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CATEGORY:
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AUTHOR:
Jonathan Kent
