49296 results returned for search: "" category ("Other" AND "Business")
Butterfield Bank's rights issue shares rose 50 percent (two cents) to six cents on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 518,369 shares during the day.
Butterfield also saw 33,922 common shares change hands, as it climbed 7.69 p...
DATE: Apr 22, 2010
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Bermuda Commercial Bank Ltd.'s (BCB) sale of its controlling interest to Bermuda-based exempted company Permanent Investments Ltd. has ended "lingering uncertainties" over the ultimate ownership of the bank, according to Moody's Ratings Agency.
Moody...
DATE: Apr 22, 2010
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Bacardi Corporation, part of the Bermuda-based Bacardi Ltd. group of companies, has unveiled the largest wind turbine installation in Puerto Rico designed to harness natural wind energy to help power the company's top global distillery near San Juan....
DATE: Apr 22, 2010
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First-quarter catastrophe claims caused Bermuda reinsurer Platinum Underwriters Holdings Ltd. to report an 81 percent fall in first-quarter profit last night.
Platinum announced net earnings of $15.4 million, or 32 cents per share, for the first thre...
DATE: Apr 22, 2010
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AUTHOR:
Jonathan Kent
TORONTO (Reuters) - Toronto's main stock index finished moderately higher in volatile trading yesterday, thanks to rebounding gold shares and a late afternoon turnaround by financials.
The index's weighty materials sector gained 0.62 percent as gold ...
DATE: Apr 22, 2010
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LONDON (Bloomberg) - The largest hedge fund firms attracted the most capital as industry assets grew 4.4 percent to $1.67 trillion in the first quarter, according to Hedge Fund Research Inc. (HFR)
Firms managing $5 billion or more added $14.9 billion...
DATE: Apr 21, 2010
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Bermuda-based Central European Media Enterprises Ltd. has closed its acquisition of News Corporation's bTV group in Bulgaria for $400 million plus a $13 million payment for a working capital adjustment.
The bTV group includes bTV, the leading free-to...
DATE: Apr 21, 2010
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ATLANTA (Bloomberg) - Coca-Cola Co., the world's largest soft-drink maker, said first-quarter profit rose 20 percent, bolstered by sales in Latin America.
Net income increased to $1.61 billion, or 69 cents share, in the quarter ended April 2 from $1....
DATE: Apr 21, 2010
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SAN FRANCISCO (Bloomberg) - Cisco Systems Inc., trying to boost the consumer appeal of its Flip camcorder, began offering a wider-screen camera that lets people store and display as much as 12 hours of high-definition video.
The new Flip SlideHD slid...
DATE: Apr 21, 2010
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NEW YORK (Bloomberg) - Charles Schwab Corp. said it agreed to pay $200 million to settle claims that it misled investors on the amount of mortgage-backed securities held by its Schwab YieldPlus Fund.
Schwab signed a memorandum of understanding to set...
DATE: Apr 21, 2010
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